Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Peoria area can be challenging. Home prices in Peoria are now at a median cost of $148,548, lower than the Iowa average of $182,666.
The average cost of rent is $533/mo in Peoria, primarily driven by the current value of real estate in the Peoria area. While nearly 43.16% of residents own their homes outright in Peoria, 22.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in Peoria is $6,050 per month. Households that rent pay about 8.81% of their income on rent here. Peoria's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Pella, IA: higher priced homes
- Taintor, IA: equally priced homes
- Leighton, IA: higher priced homes
- New Sharon, IA: equally priced homes
- Sully, IA: equally priced homes
- Lynnville, IA: less expensive homes
- Olivet, IA: higher priced homes
- Harvey, IA: equally priced homes
- Reasnor, IA: higher priced homes
- Searsboro, IA: higher priced homes
Cities with Similar Populations
- South Londonderry, VT: higher priced homes
- Elm Grove, NC: less expensive homes
- Foster, NY: less expensive homes
- Hunter, NY: higher priced homes
- Ida, LA: less expensive homes
- Igo, CA: higher priced homes
- Sisco Heights, WA: higher priced homes
- Slayden, TN: equally priced homes
- Smithmill, PA: less expensive homes
- South Chase, WI: higher priced homes
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