Is Peoria County, IL good for real estate investing?

Peoria County has an investment score of 79/100, rated as "Strong Buy". The county ranks #9 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Peoria?

The rent-to-price ratio in Peoria County is 9.08% annually, which ranks in the 97th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Peoria?

The median home price in Peoria County is $154,382. This ranks #85 in affordability among all US counties.

Can you cash flow on rental properties in Peoria?

Based on median values with 20% down at current rates, a typical rental in Peoria County would generate negative cash flow of $50/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Peoria County

IllinoisPopulation: 181,186

/100

Strong Buy

#9 of 1,000 counties

#19 in Illinois (102 counties)

Market Snapshot

$154,382

Median Home Price

44% below national median

$1,168/mo

Median Rent

22% below national median

9.08%

Rent-to-Price Ratio

Top 3% nationally

-$50

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$154,382

Down Payment (20%)$30,876

Loan Amount$123,506

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,168

Monthly P&I-$809

Est. Expenses (35%)-$409

Net Cash Flow-$50/mo

5.9%

Cap Rate (all cash)

-1.7%

Cash-on-Cash Return

9.08%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 5.9% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

79/100

Cash Flow(30%)

91/100

Based on 9.08% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

83/100

Based on 8.9% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

93/100

Price-to-income ratio of 2.4x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Above-average rent-to-price ratio (9.08%)
+Strong price appreciation (+8.9% YoY)
+Affordable relative to local incomes
+Complete rent data available

Challenges

-Negative leverage (cap rate 5.9% < mortgage rate 6.9%)

Economic Indicators

Population

181,186

Median Income

$63,409

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

2.4x

Very affordable

Compare to Nearby Counties

County					Verdict
ClintonIL	80	$213,780	Est. pending	—	Strong Buy	View
CurrentPeoriaIL	79	$154,382	$1,168	9.08%	Strong Buy
WhitesideIL	79	$138,768	Est. pending	—	Strong Buy	View
OgleIL	79	$218,190	Est. pending	—	Strong Buy	View
ClarkIL	79	$134,478	Est. pending	—	Strong Buy	View
MorganIL	78	$127,739	Est. pending	—	Strong Buy	View

The Bottom Line

Strong BuyPeoria is a strong buy market with excellent fundamentals for buy-and-hold investors.

Peoria County in Illinois scores 79/100, ranking #9 of 1,000 US counties (top 1%). The 9.08% rent-to-price ratio exceeds the 1% rule target, suggesting strong cash flow potential.

Monthly Cash Flow

$-50/mo

Cap Rate

5.9%

Cash-on-Cash

-1.7%

Ready to Analyze a Deal in Peoria?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

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Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$154,382

Down Payment (20%)$30,876

Loan Amount$123,506

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,168

Monthly P&I-$809

Est. Expenses (35%)-$409

Net Cash Flow-$50/mo

5.9%

Cap Rate (all cash)

-1.7%

Cash-on-Cash Return

9.08%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 5.9% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

79/100

Cash Flow(30%)

91/100

Based on 9.08% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

83/100

Based on 8.9% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

93/100

Price-to-income ratio of 2.4x. Lower ratios indicate more affordable markets.

Compare to Nearby Counties

County					Verdict
ClintonIL	80	$213,780	Est. pending	—	Strong Buy	View
CurrentPeoriaIL	79	$154,382	$1,168	9.08%	Strong Buy
WhitesideIL	79	$138,768	Est. pending	—	Strong Buy	View
OgleIL	79	$218,190	Est. pending	—	Strong Buy	View
ClarkIL	79	$134,478	Est. pending	—	Strong Buy	View
MorganIL	78	$127,739	Est. pending	—	Strong Buy	View

The Bottom Line

Strong BuyPeoria is a strong buy market with excellent fundamentals for buy-and-hold investors.

Peoria County in Illinois scores 79/100, ranking #9 of 1,000 US counties (top 1%). The 9.08% rent-to-price ratio exceeds the 1% rule target, suggesting strong cash flow potential.

Monthly Cash Flow

$-50/mo

Cap Rate

5.9%

Cash-on-Cash

-1.7%