In Peoria Heights, a typical home is worth $117,700 and typical rent is $913 a month. Compared with all of Peoria County, the typical home value is 26% lower and typical rent is 8% lower.
Typical home value from Zillow, September 2021 to September 2026: from $81,806 to $123,241.
Typical rent
$1,150a month
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Peoria Heights is in Peoria 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 Peoria County. See the county
What this place has that others do not, from public data, most unusual first.
1
Peoria Heights has the smallest share of rent-burdened renters of the 291 cities in Illinois with more than 5,000 people: 21%.
2
The typical home in Peoria Heights is worth $117,700,26% less than in Peoria County as a whole ($158,500).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Peoria Heights
What homes there are in Peoria Heights, 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
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Peoria Heights
Peoria County
Illinois
United States
Kind of home: Peoria Heights and its comparisons
Measure
Peoria Heights
Peoria County
Illinois
United States
Detached house
76%
72%
58%
61%
Attached house
Unreliable estimate
4%
6%
6%
Building of 2 to 4
Unreliable estimate
5%
12%
8%
Apartments (5 or more)
18%
18%
22%
19%
Mobile home
Unreliable estimate
1%
2%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house rules in Peoria Heights: 76% of homes, more than in Peoria County (72%).
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Peoria Heights
Peoria County
Illinois
United States
Year built: Peoria Heights and its comparisons
Measure
Peoria Heights
Peoria County
Illinois
United States
Before 1960
56%
42%
38%
26%
1960–1979
33%
29%
26%
24%
1980–1999
Unreliable estimate
14%
20%
25%
2000–2009
Unreliable estimate
11%
11%
14%
2010 or later
2%
5%
6%
11%
The typical home in Peoria Heights was built in 1957, 9 years before the typical one in Peoria County.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100K38%
$100K–$200K48%
$200K–$300KUnreliable
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Peoria Heights and its comparisons
Measure
Peoria Heights
Under $100K
38%
$100K–$200K
48%
$200K–$300K
Unreliable estimate
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99971%
$1,000–$1,49925%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Peoria Heights and its comparisons
Measure
Peoria Heights
Under $500
Unreliable
$500–$999
71%
$1,000–$1,499
25%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable
With a mortgage
$1,182 a month
Peoria County: $1,496 a month
Without a mortgage
$511 a month
Peoria County: $641 a month
Owners with a mortgage
38%
Peoria County: 56%
In Peoria Heights, 38% of owners have a mortgage, and their typical cost is $1,182 a month, against $1,496 in Peoria County. Without one it drops to $511.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Peoria Heights+42%
Peoria County+22%
Illinois+35%
United States+53%
Typical rent
Peoria Heights+25%
Peoria County+24%
Illinois+26%
United States+33%
Typical household income
Peoria Heights+44%
Peoria County+17%
Illinois+27%
United States+29%
Change since 2015–2019: Peoria Heights and its comparisons
Measure
Peoria Heights
Peoria County
Illinois
United States
Typical home value
+42%
+22%
+35%
+53%
Typical rent
+25%
+24%
+26%
+33%
Typical household income
+44%
+17%
+27%
+29%
From 2015–2019 to 2020–2024, the typical home value in Peoria Heights rose 42%; in Peoria County, it rose 22%.
Much as in Peoria County, the typical rent in Peoria Heights rose 25% since 2015–2019.
The typical household income in Peoria Heights rose 44% over that time; home values changed +42% and rent +25%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Peoria Heights and its comparisons
Measure
Peoria Heights
Peoria County
Illinois
United States
Rental vacancy
Unreliable estimate
6.8%
5.0%
5.5%
Homeowner vacancy
Unreliable estimate
1.4%
1.0%
0.9%
More than one person per room
Unreliable estimate
1.8%
2.5%
3.4%
People per household
1.95
2.24
2.46
2.53
Drive alone
79%
76%
66%
69%
Carpool
11%
9%
8%
9%
Public transit
Unreliable estimate
1%
6%
3%
Walk or bike
Unreliable estimate
2%
3%
3%
Work from home
7%
11%
16%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
10 to 19 minutes
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
Households in Peoria Heights are smaller: 1.95 people on average; in Peoria County, 2.24.
To get to work, 79% of workers in Peoria Heights drive alone; in Peoria County, 76%.
Do the math
What would you pay each month for a home in Peoria Heights?
A typical home is within reach of the typical income
We start with a typical home in Peoria Heights, worth $117,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 21% of the typical household income in Peoria Heights, which is $60,099 a year.
The calculator's FHA and conventional loan limits are those of all of Peoria County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Peoria Heights. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $4,120 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,050
at 7.18% · 30 years
Loan amount
$115,568
Total interest
$166,275
Paid off in
November 2056
Includes $1,988 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,402 a month
Your payment · 21%
Tight
$1,402 to $1,803 a month
Hard
more than $1,803 a month
Compared with the typical household income in Peoria Heights ($60,099 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$783
Property tax
$166
Home insurance
$49
FHA mortgage insurance (MIP)
$52
You need at least $4,120 for the down payment, plus closing costs.
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.
Total monthly payment $1,050; principal and interest $783.
The city and its county
Peoria Heights and Peoria County
Peoria Heights is in Peoria 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).
Peoria Heights
Map of Peoria County, Illinois, with Peoria Heights marked. Around it, the neighboring counties.
Peoria Heights
Peoria County
Other cities with a page
Peoria Heights's own numbers
Typical home value
$117,700
Typical monthly rent
$913
Typical yearly household income
$60,099
Households that own their home
66%
Effective property tax rate
1.69%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Peoria 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)
+45%
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 Peoria County.
A typical home in Peoria Heights is worth $117,700: 26% below the county and 55% below Illinois. With the typical household income in Peoria Heights ($60,099 a year), a typical home costs 2.0 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.
Peoria Heights2.0 years
Peoria2.4 years
Illinois3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Peoria County
According to FHFA’s house price index, home prices in Peoria County rose 45% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Peoria County.
Yearly change in FHFA’s price index in Peoria County, 2016 to 2025
2016: +0.7% +0.7% 2016
2017: −2.9% −2.9% 2017
2018: −1.3% −1.3% 2018
2019: +1.4% +1.4% 2019
2020: +2.0% +2.0% 2020
2021: +6.3% +6.3% 2021
2022: +10.8% +10.8% 2022
2023: +8.6% +8.6% 2023
2024: +6.5% +6.5% 2024
2025: +6.4% +6.4% 2025
Change in FHFA’s price index in Peoria County, Illinois and the United States
Period
County
Illinois
U.S.
Last year (2025)
+6.4%
+5.7%
+2.9%
5 years (2020–2025)
+45%
+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
Peoria Heights next to Peoria 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
Peoria Heights$117,700
Peoria$158,500
Illinois$263,300
United States$332,700
Typical monthly rent
Peoria Heights$913
Peoria$993
Illinois$1,274
United States$1,413
Typical yearly household income
Peoria Heights$60,099
Peoria$65,108
Illinois$83,390
United States$80,734
See the full table
Peoria Heights next to Peoria County and Illinois
Measure
Peoria Heights
Peoria County
Illinois
U.S.
Typical home value
$117,700 ▼26% below the county
$158,500
$263,300
$332,700
Typical monthly rent
$913 ▼8% below the county
$993
$1,274
$1,413
Typical yearly household income
$60,099 ▼8% below the county
$65,108
$83,390
$80,734
Households that own their home
66% ▼1 points below the county
67%
67%
65%
Typical yearly property tax
$1,994 ▼44% below the county
$3,552
$5,298
$3,119
Effective property tax rate
1.69% ▼0.55 points below the county
2.24%
2.01%
0.94%
Renters with high rent for their income
21% ▼26 points below the county
47%
48%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Peoria 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 Peoria Heights
For a typical $117,700 home in Peoria Heights, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Peoria Heights's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,050a month
Least cash to close
Down payment
$4,120
Cash to close
$7,651
Rate
7.18%
Mortgage insurance
FHA MIP · $52
Conventional, 5% down$1,028a month
Down payment
$5,885
Cash to close
$9,416
Rate
7.18%
Mortgage insurance
PMI · $56
Conventional, 20% down, no PMI$853a month
Down payment
$23,540
Cash to close
$27,071
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$961a month
Down payment
$17,655
Cash to close
$21,186
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Peoria Heights
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,050
$4,120
$115,568
7.18%
FHA MIP · $52
$7,651
580
Conventional, 5% down
$1,028
$5,885
$111,815
7.18%
PMI · $56
$9,416
620*
Conventional, 20% down, no PMI
$853
$23,540
$94,160
7.18%
None
$27,071
620*
ITIN, 15% down (example)
$961
$17,655
$100,045
8.18%
None
$21,186
Set by the lender
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.
Typical rent in Peoria Heights is $913 a month: 8% below the county. In Peoria Heights, 21% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Peoria 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.
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.
There are 2 HUD-approved agencies with an office in Peoria County; 2 say they serve in Spanish.
No down payment, repair or rent-help program on our list is for Peoria Heights or Peoria County. The ones below are statewide in Illinois: they work in Peoria Heights the same as in the rest of the state.
IHDA second loan with no payments until you sell or refinance, for the down payment in Illinois.Offered by Illinois Housing Development Authority (IHDA).
The HUD-approved agencies closest to the center of Peoria Heights, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
No legal help resource on our list is for Peoria Heights or Peoria County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Peoria Heights and all of Peoria 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 Peoria Heights?
The typical home value in Peoria Heights is $117,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Peoria County it is $158,500.
How much does it cost to rent in Peoria Heights?
Typical rent in Peoria Heights is $913 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Peoria County is $1,212.
What is the FHA loan limit in Peoria Heights?
Peoria Heights uses the FHA limit for all of Peoria 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 Peoria Heights?
The typical homeowner in Peoria Heights pays $1,994 a year, according to the U.S. Census Bureau. That is 1.69% of the home’s value; in Peoria County, the rate is 2.24%.
Where can I find free help to buy or rent in Peoria Heights?
There are 2 HUD-approved counseling agencies with an office in Peoria County. 2 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.
