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-Home to one of the oldest medical districts in Illinois, Peoria combines strong healthcare and manufacturing sectors with affordable housing costs. Houses for rent in Peoria provide access to extensive outdoor recreation, including the 540-acre Wildlife Prairie Park and the Rock Island Trail, alongside diverse dining and entertainment options in the revitalized downtown district. The Historic West Bluff neighborhood attracts renters with its classic architecture and proximity to Bradley University, while Northwest Peoria features newer construction and shopping at The Shoppes at Grand Prairie. Near the OSF Saint Francis Medical Center, the Glen Oak-Flanagan Historic District offers rental houses within walking distance to medical facilities and the Peoria Riverfront Museum. With average rental rates ranging from $927 to $1,355, depending on size and location, Peoria accommodates various housing needs. The city's strategic location along Interstate 74 enables convenient commutes, while three major hospitals, Caterpillar's manufacturing facilities, and various corporate offices create a stable employment market. Recent developments include an expanded network of bike trails, new restaurants, and the Peoria Riverfront Museum, enhancing the area's recreational and cultural offerings.
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Average Rent Rates
What's the average rent for a house in Peoria, IL?
House averages in Peoria, IL varies based on size.
- $987 for a 2-bedroom house in Peoria, IL
- $1,210 for a 3-bedroom house in Peoria, IL
- $1,600 for a 4-bedroom house in Peoria, IL
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