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City · 22,324 residents · Tazewell County, Illinois

East Peoria , Illinois

In East Peoria, a typical home is worth $163,500 and typical rent is $886 a month. Compared with all of Tazewell County, typical household income is 8% lower.

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  • Typical home value

    $163,500

    2% below the county

    38% below Illinois

    • East Peoria
    • Tazewell
    • Illinois

  • Typical rent

    $886a month

    3% below the county

    30% below Illinois

    • East Peoria
    • Tazewell
    • Illinois

  • Typical household income

    $71,833a year

    8% below the county

    14% below Illinois

    • East Peoria
    • Tazewell
    • Illinois

  • Households that own their home

    76%

    3 points below the county

    9 points above Illinois

    • East Peoria
    • Tazewell
    • Illinois

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$181,920
6.3% more than 12 months ago
Typical rent
$885 a month

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

East Peoria is in Tazewell County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Tazewell County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets East Peoria apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Peoria Heights, the typical home value is $117,700: 28% less than in East Peoria ($163,500).

  2. East Peoria has the 29th largest share of rent-burdened renters of the 291 cities in Illinois with more than 5,000 people (61%).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in East Peoria

What homes there are in East Peoria, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In East Peoria, 8 in 10 homes are single-family detached houses, about the same as in Tazewell County.

Year built

By age, homes in East Peoria look like those in Tazewell County: the typical year built is 1968.

By size, homes in East Peoria look like those in Tazewell County: 63% have 3 bedrooms or more.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

With an FHA limit of $541,287, at least 98% of owner-occupied homes in East Peoria sit below it: they are worth less than $500,000.

Monthly rent with utilities

About 79% of rented homes in East Peoria cost less than HUD's 2-bedroom fair market rent for Tazewell County ($1,212).

With a mortgage

$1,530 a month

Tazewell County: $1,455 a month

Without a mortgage

$639 a month

Tazewell County: $670 a month

Owners with a mortgage

59%

Tazewell County: 59%

In East Peoria, 59% of owners have a mortgage, and their typical cost is $1,530 a month, against $1,455 in Tazewell County. Without one it drops to $639.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, home values in East Peoria rose at about the same pace as in Tazewell County: 17% against 18%.

Since 2015–2019, the typical rent in East Peoria rose 29%, more than in Tazewell County (23%).

To compare: typical income in East Peoria rose 22%; the home, +17%; the rent, +29%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureEast PeoriaTazewell CountyIllinoisUnited States
Rental vacancy Unreliable estimate6.5%5.0%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate1.0%0.9%
More than one person per room Unreliable estimate0.9%2.5%3.4%
People per household 2.202.352.462.53
Drive alone 81%80%66%69%
Carpool 6%7%8%9%
Public transit Unreliable estimate0%6%3%
Walk or bike Unreliable estimate2%3%3%
Work from home 9%11%16%15%
Other means Unreliable estimate1%1%2%
Typical commute 10 to 19 minutesUnreliable estimate20 to 29 minutes20 to 29 minutes

Households in East Peoria are smaller: 2.20 people on average; in Tazewell County, 2.35.

To get to work, 81% of workers in East Peoria drive alone; in Tazewell County, 80%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in East Peoria?

A typical home is within reach of the typical income

We start with a typical home in East Peoria, worth $163,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 26% of the typical household income in East Peoria, which is $71,833 a year.

The calculator's FHA and conventional loan limits are those of all of Tazewell County.

Your numbers

Local data
$

Starts at the typical home value in East Peoria. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $5,723 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,551

at 7.18% · 30 years

Loan amount
$160,538
Total interest
$230,977
Paid off in
November 2056

Includes $2,761 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,676 a month

    Your payment · 26%

  • Tight

    $1,676 to $2,155 a month

  • Hard

    more than $2,155 a month

Compared with the typical household income in East Peoria ($71,833 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,551
Principal & interest$1,088
Property tax$323
Home insurance$68
FHA mortgage insurance (MIP)$72

You need at least $5,723 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

East Peoria and Tazewell County

East Peoria is in Tazewell County, Illinois. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

East Peoria's own numbers

Typical home value
$163,500
Typical monthly rent
$886
Typical yearly household income
$71,833
Households that own their home
76%
Effective property tax rate
2.37%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Tazewell County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,212
Price change over 5 years (FHFA)
+42%
Homes in a high flood-risk zone
0.6%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Tazewell County.

Everything about Tazewell County

Buying

Buying a home in East Peoria

A typical home in East Peoria is worth $163,500: 2% below the county and 38% below Illinois. With the typical household income in East Peoria ($71,833 a year), a typical home costs 2.3 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • East Peoria 2.3 years
  • Tazewell 2.1 years
  • Illinois 3.2 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Tazewell County

According to FHFA’s house price index, home prices in Tazewell County rose 45% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Tazewell County.

Period County Illinois U.S.
Last year (2025) +6.7% +5.7% +2.9%
5 years (2020–2025) +42% +47% +47%
10 years (2015–2025) +45% +65% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

East Peoria next to Tazewell County, Illinois and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • East Peoria $163,500
  • Tazewell $167,500
  • Illinois $263,300
  • United States $332,700
Typical monthly rent
  • East Peoria $886
  • Tazewell $909
  • Illinois $1,274
  • United States $1,413
Typical yearly household income
  • East Peoria $71,833
  • Tazewell $77,982
  • Illinois $83,390
  • United States $80,734
See the full table
East Peoria next to Tazewell County and Illinois
Measure East Peoria Tazewell County Illinois U.S.
Typical home value $163,500 $167,500 $263,300 $332,700
Typical monthly rent $886 $909 $1,274 $1,413
Typical yearly household income $71,833 $77,982 $83,390 $80,734
Households that own their home 76% 78% 67% 65%
Typical yearly property tax $3,880 $3,536 $5,298 $3,119
Effective property tax rate 2.37% 2.11% 2.01% 0.94%
Renters with high rent for their income 61% 43% 48% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Tazewell County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in East Peoria

For a typical $163,500 home in East Peoria, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, East Peoria's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,551a month

    Least cash to close
    Down payment
    $5,723
    Cash to close
    $10,628
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $72

  • Conventional, 5% down $1,521a month

    Down payment
    $8,175
    Cash to close
    $13,080
    Rate
    7.18%
    Mortgage insurance
    PMI · $78

  • Conventional, 20% down, no PMI $1,277a month

    Down payment
    $32,700
    Cash to close
    $37,605
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,428a month

    Down payment
    $24,525
    Cash to close
    $29,430
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for East Peoria and for Tazewell County.

Property tax

Effective rate in East Peoria

2.37%of the home’s value each year

$3,880 a year for the typical owner in East Peoria.

  • East Peoria 2.37%
  • Tazewell 2.11%
  • Illinois 2.01%

What Illinois publishes General Homestead Exemption (Illinois Department of Revenue)

Exemptions and deadlines in Illinois

Flood risk in Tazewell County

FEMA does not publish these numbers by city: they are for all of Tazewell County.

Homes in the high-risk zone
0.6%
308
Of those, with NFIP insurance
17%
County Illinois U.S.
Homes in the high-risk zone 0.6% 1.5% 3.5%
Of those, with NFIP insurance 17% 25% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in East Peoria

Typical rent in East Peoria is $886 a month: 3% below the county. In East Peoria, 61% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Tazewell County, by unit size. To pay the 2-bedroom one ($1,212 a month) without spending more than 30% of your income, you would need to earn $23.31 an hour working full time.

HUD fair market rent for all of Tazewell County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $915 $17.60 $36,600
1 bedroom $961 $18.48 $38,440
2 bedrooms $1,212 $23.31 $48,480
3 bedrooms $1,557 $29.94 $62,280
4 bedrooms $1,710 $32.88 $68,400

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in East Peoria

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). East Peoria is in ZIP code 61611.

For 2 bedrooms it is $1,170: $42 less than the fair market rent for Tazewell County ($1,212).

  • 61611 $1,170$1,500

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for East Peoria when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in East Peoria

HUD lists one building with rents for lower incomes in East Peoria.

  • Cottonwood Cila 513 Cottonwood Cir, East Peoria 61611 6 low-income homes · For people with disabilities (630) 521-8005

See all 19 buildings in Tazewell County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in East Peoria

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Tazewell County. The nearest ones are below; many serve by phone or online.

A young man and a young woman look something up together on a laptop.

HUD counseling is free or low-cost

Assistance programs in East Peoria

No down payment, repair or rent-help program on our list is for East Peoria or Tazewell County. The ones below are statewide in Illinois: they work in East Peoria the same as in the rest of the state.

Which programs do I qualify for? All programs in Illinois

  • IHDAccess Home

    Statewide in Illinois

    Limited funds remain, per the source

    IHDA second loan with deferred payments for first-time buyers in Illinois. Offered by Illinois Housing Development Authority (IHDA).

    Deferred

    See the program Official page

  • IHDAccess Forgivable

    Statewide in Illinois

    Limited funds remain, per the source

    IHDA second loan forgiven little by little over ten years, for the down payment in Illinois. Offered by Illinois Housing Development Authority (IHDA).

    Forgivable

    See the program Official page

  • IHDAccess Deferred

    Statewide in Illinois

    Limited funds remain, per the source

    IHDA second loan with no payments until you sell or refinance, for the down payment in Illinois. Offered by Illinois Housing Development Authority (IHDA).

    Deferred

    See the program Official page

Housing counselors near East Peoria

The HUD-approved agencies closest to the center of East Peoria, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Navicore Solutions- Peoria, IL

    416 Main St, Peoria · 3 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (866) 472-4557

  • Metec

    2605 W Krause Ave, Peoria · 5 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 4 more
    (309) 676-3832

  • Mid Central Community Action, Inc.

    1301 W Washington St, Bloomington · 31 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 4 more
    (309) 829-0691

All counseling agencies in Illinois

Help in Spanish near East Peoria

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of East Peoria

HUD’s record names them for East Peoria or Tazewell County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

One other authority has an office in Tazewell County: see the list Source: HUD

Cities

Other cities in Tazewell County

These cities are also in Tazewell County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Tazewell County Housing in Illinois

Nearby cities

The cities closest to East Peoria, with the typical home value.

Neighboring counties

If Tazewell County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in East Peoria.

All guides
A family roasts marshmallows over a campfire at a forest campsite.

Questions

Housing questions about East Peoria

Short answers with the numbers for East Peoria and all of Tazewell County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in East Peoria?

The typical home value in East Peoria is $163,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Tazewell County it is $167,500.

How much does it cost to rent in East Peoria?

Typical rent in East Peoria is $886 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Tazewell County is $1,212.

What is the FHA loan limit in East Peoria?

East Peoria uses the FHA limit for all of Tazewell County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in East Peoria?

The typical homeowner in East Peoria pays $3,880 a year, according to the U.S. Census Bureau. That is 2.37% of the home’s value; in Tazewell County, the rate is 2.11%.

Where can I find free help to buy or rent in East Peoria?

We found no HUD-approved counseling agencies with an office in Tazewell County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).