How many apartments are available in Edgewild on Rentable.co?

Rentable.co has over 4 apartments available near Edgewild.

What is the average rent for a one-bedroom apartment in Edgewild?

The average rent for a one-bedroom apartment near Edgewild is around $1,336 per month.

What is the average rent for a two-bedroom apartment in Edgewild?

The average rent for a two-bedroom apartment near Edgewild is around $1,380 per month.

How many apartments are available in Peoria, IL on Rentable.co?

Rentable.co has over 4,710 apartments available in Peoria.

What is the average rent for a studio apartment in Peoria, IL?

The average rent for a <a href='/peoria-il/studio-apartments-for-rent' >studio apartment</a> in Peoria is around $770 per month.

What is the average rent for a one-bedroom apartment in Peoria, IL?

The average rent for a <a href='/peoria-il/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> in Peoria is around $1,270 per month.

What is the average rent for a two-bedroom apartment in Peoria, IL?

The average rent for a <a href='/peoria-il/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in Peoria is around $1,480 per month.

How expensive is it to rent an apartment in Peoria, IL?

For a two-bedroom apartment in Peoria, the average rent price is $1,480 per month, which is lower than the national average of $1,660 per month.

Can I afford an apartment for rent in Peoria, IL?

Based on average rent prices in Peoria, to afford a <a href='/peoria-il/studio-apartments-for-rent' >studio apartment</a> you would need an annual household income of $31,000 to live comfortably.

Apartments in Edgewild Peoria

Peoria:
September Rent Report

Welcome to the September 2024 Peoria Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the September 2024 key findings and figures for the Peoria rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Peoria and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Peoria average rent prices in the chart below.

Monthly Rent Report

$1,150

$860

$580

$290

Oct. 2023

Nov. 2023

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

1 BR 2 BR

Peoria Rent Prices Increase From August to September

Peoria rent prices increased over the last month. From August to September, the city experienced a 6.37% increase for the price of a one-bedroom apartment. The rent price for a Peoria one-bedroom apartments currently stands at $919.0.

When we take a look at the two-bedroom comparison from August to September, Peoria experienced a 2.72% increase for the price of a two-bedroom apartment. The rent price for a Peoria two-bedroom apartments currently stands at $1,058.0.

September Prices: Peoria vs. Surrounding Areas

Peoria, IL

Pekin, IL

$864

$711

$300

$600

$900

$1,200

Median 1 BR Rent

Rent Prices in Peoria and Surrounding Areas

Rent prices have increased in Peoria over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Peoria suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Peoria suburbs
Rent decreased in Pekin, IL.
1 suburb is currently priced lower than the city of Peoria.

September 2024 Pricing Trends: Peoria vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

Peoria, IL

$4,195

$3,010

$2,365

$2,344

$1,862

$1,378

$1,226

$1,145

$864

$1,400

$2,800

$4,200

$5,600

Median Rent

Peoria Rent Prices More Affordable Than Major Cities

Rent growth in Peoria over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Peoria average rent prices appear to be relatively affordable for local residents.

The price for a Peoria one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Peoria and surrounding area rent prices, take a look at the complete data set below.

Data set for Peoria and suburbs

	1 BR September	1 BR M/M % Change	2 BR September	2 BR M/M % Change
Peoria, IL	$864.0	1.53%	$1,030.0	4.57%
Pekin, IL	$711.0	-0.42%	$864.0	1.77%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.