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Home values, rents and more in ZIP code 61605 (Peoria, IL)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$40,375
Metro: $175,000 · U.S.: $366,000
Home values, past year
+5.1%
Metro: +6.4% · U.S.: +1.2%
Typical rent
$856/mo
Metro: $1,157 · U.S.: $1,932
Population
13,424
ACS 2020–24
Median household income
$26,392
Metro: $71,857 · U.S.: $80,734
ZIP codes around 61605, shaded by typical home value616056161161607616046154761603616106160261606
  • Under $120k
  • $120k–$150k
  • $150k–$220k
  • $220k–$290k
  • $290k+
  • No data
ZIP codes around 61605, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 61605 is outlined.

How 61605 compares

The typical home in ZIP code 61605 (Peoria, IL) is worth about $40,375, according to the Zillow Home Value Index for September 2026. Home values in 61605 are 77% below the typical value in the Peoria metro area ($175,000) and 89% below the U.S. typical value ($366,000).

Over the past year, home values in 61605 rose 5.1%, compared with +6.4% in the Peoria metro area and +1.2% nationally.

Typical rent is $856 a month (Zillow Observed Rent Index), 26% below the Peoria metro area ($1,157) and 56% below the U.S. ($1,932).

The median household income is $26,392, against $71,857 in the Peoria metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 13,424 people live in 61605 (American Community Survey 2020–24).

61605 has the lowest typical home value of the 59 ZIP codes in the Peoria metro area and the 5th-lowest of 1,084 in Illinois with Zillow figures.

Part of: Peoria, IL · Peoria County, IL · Peoria metro area · Illinois

More for 61605 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 61605 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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