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Peoria

Peoria County, IL

STRONG BUYSTR Rules →

STR Investment Grade

Transparent Scoring
A+
89/100
🚀 STRONG BUY
Score Breakdown
💰Cash-on-Cash
35/35
🏠Affordability
25/25
📅Year-Round Income
12/15
🤝Landlord Friendly
5/10
📈Room to Grow
12/15
Cash-on-Cash
21.0%
Elite (20%+)
Median Home
$127K
Highly Affordable
Room to Grow
12/15
Good Headroom

STRs Generally Permitted

STRs generally allowed with standard permits

No major restrictions known. Standard registration and tax collection may be required. Check local ordinances for specific requirements.

Permit: Moderate
AI-generated regulation data · Regulations change frequently
📋 Before You Invest
Even in STR-friendly markets, confirm the details for your specific property. Call the Peoria City Clerk or Planning & Zoning Department and ask:
1. Are short-term rentals (under 30 days) allowed at [your address]?
2. What permits or licenses are required?
3. Are there owner-occupancy requirements?
4. Any caps on rental nights per year or number of permits?
Regulation details vary by neighborhood and zoning district — always verify for your specific address.

Why Peoria?

Urban Market

What drives short-term rental demand here

🏙️
Urban Hub

Business travel, events, and tourism create consistent year-round occupancy in city centers.

⚖️
Balanced Supply

Healthy supply-demand ratio means room for new listings without oversaturation concerns.

Will This Deal Work?

Investment Grade
A+
Elite (20%+)
CoC: 21.0%
Can You Pay the Bills?
YES
Income covers mortgage
THE BOTTOM LINE 🚀

Excellent opportunity! Strong cash flow potential with favorable market conditions.

💵
$95
Avg ADR
📅
64%
Occupancy
💰
$1,824
Monthly Revenue
🏠
$127K
Median Price

Market estimates · Updated Feb 2026

📊 Income by Property Size

Monthly revenue estimates by bedroom count

1BR
$1,003
2BR
$1,368
3BR
$1,824
4BR
$2,462
5BR
$3,009
6BR+
$3,556
⭐ Best

🏠 Top Amenities for This Market

Add these to boost your revenue

MUST HAVEParking
+18%
MUST HAVEWalkability
+15%
HIGH IMPACTWorkspace
+12%
HIGH IMPACTFast WiFi
+10%
NICE TO HAVERooftop/Patio
+8%

🎯 Your Next Steps

1
Search for 6BR+ properties
Best income potential at $3,556/month
2
Add a Parking
Boost revenue by +18%
3
Target $2,280/month
Top 25% performer income goal

📋 Regulation Status

LegalPermit: Moderate

Regulations vary by city and county. Always verify local STR ordinances, permit requirements, and zoning laws before purchasing.

Research Comparable Listings

See active short-term rentals in this market

View Listings on Airbnb

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Take the Next Step

Find homes, agents, and lenders in this market

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📊

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Free STR calculator with comp data for any address

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Peoria, Illinois is rated A+ for Airbnb investment with a score of 89/100 (STRONG BUY). The market has an average daily rate (ADR) of $95, 64% occupancy, and estimated monthly STR revenue of $1,824. Median home value is $126,819 with a cash-on-cash return of 21.0%. STR regulation status: Legal. Data powered by Edge by Teeco using estimated market data.