The average monthly rent for an apartment in South Peoria, Peoria, IL is around $1,212.
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The national average price of rental apartments is $1,741, while the average monthly rent in South Peoria, Peoria, IL is $1,212.
The average monthly rent for an apartment in South Peoria, Peoria, IL is around $1,212.
A share of 96% of apartments in South Peoria, Peoria, IL have the cheapest rents between $1,001-$1,500. Around 1% of South Peoria's apartments have monthly rents between $1,501-$2,000. There are 3% of apartments with rents between $2,001-$2,500.
The largest share of rentals in South Peoria, Peoria, IL (96%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
In South Peoria, 62% of the residents are renting compared to 38% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 21% of South Peoria's rentals, 28% are small-scale complexes with under 50 units, and 51% are single-family rentals.
In total, South Peoria, Peoria, IL has 10,185 residents, 5,599 women and 4,586 men, per U.S. Census recent estimates. Statistics show that the median age of South Peoria’s population is 44.
There is a total of 4,615 households in South Peoria, Peoria, IL. Of these, 1,476 have children and 3,138 are without children. Per Census Bureau’s most current estimates, 2,430 family households and 2,184 non-family households live in this area. The size of a household in South Peoria is 1.6 people, on average. The median household annual income in South Peoria equals $24,499, and the monthly housing costs equal $981.
According to data from the U.S. Census Bureau, 7% of the population in South Peoria, Peoria, IL have no high school education, 55% went to high-school, and 23% have partially completed college. Moreover, 6% of the population hold an Associate Degree, 7% hold a Bachelor Degree, and 2% hold a Graduate Degree.