Rental numbers for Tazewell County, IL
The typical home here runs -$785 a month at 7.78% with 25% down. 0 of 3 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.2%.
- Gross yield
- 6.4%
- typical home, Zillow
- Median ZIP yield
- 6.2%
- 3 ZIPs with full data
- Cash flow
- -$785/mo
- at 7.78%, 25% down
- Typical price
- $192,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,024/mo
- Zillow ZORI, Aug 2026
ZIP codes in Tazewell County
16 with published figures
| 61721Armington | $144,000 | $1,420* | 11.8% | 5.8% | -$78 | n/a |
| 61610Creve Coeur | $109,000 | $920* | 10.1% | 4.0% | -$228 | n/a |
| 61564South Pekin | $111,000 | $920* | 10.0% | 4.4% | -$192 | n/a |
| 61554Pekin | $144,000 | $950 | 7.9% | 2.6% | -$464 | n/a |
| 61546Manito | $148,000 | $920* | 7.4% | 2.2% | -$527 | n/a |
| 61734Green Valley | $159,000 | $970* | 7.3% | 2.4% | -$539 | n/a |
| 61733Deer Creek | $212,000 | $1,250* | 7.1% | 2.4% | -$727 | n/a |
| 61534Green Valley | $183,000 | $970* | 6.3% | 1.7% | -$729 | n/a |
| 61759Minier | $185,000 | $980* | 6.3% | 1.5% | -$765 | n/a |
| 61550Morton | $292,000 | $1,500 | 6.2% | 1.9% | -$1,123 | n/a |
| 61747Hopedale | $200,000 | $1,000* | 6.0% | 1.1% | -$889 | n/a |
| 61611East Peoria | $192,000 | $960 | 6.0% | 1.0% | -$872 | n/a |
| 61571Washington | $236,000 | $1,100* | 5.6% | 0.8% | -$1,109 | n/a |
| 61568Tremont | $258,000 | $1,030* | 4.8% | 0.7% | -$1,245 | n/a |
| 61755Mackinaw | $261,000 | $1,040* | 4.8% | 0.4% | -$1,317 | n/a |
| 61535Groveland | $313,000 | $1,020* | 3.9% | -0.2% | -$1,729 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +7.1%
- Rent, 12 months
- +7.1%
- Rent minus price growth
- 0.0 pts
- Property tax
- 2.11%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $137,720 | n/a |
| Aug 2022 | $152,772 | n/a |
| Aug 2023 | $153,713 | $855 |
| Aug 2024 | $162,841 | $900 |
| Aug 2025 | $179,235 | $956 |
| Aug 2026 | $191,980 | $1,024 |
HUD Fair Market Rent
FY2027, Peoria, IL MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $915 | $961 | $1,212 | $1,557 | $1,710 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 2.2
- 121 units, last 12 months
- National percentile
- 28th
- among US counties
Tools
Test a listing in Tazewell County against today's rate.
Open the calculatorPart of the Peoria, IL metro.
Questions
- Is Tazewell County good for rental property?
- The typical home here runs -$785 a month at 7.78% with 25% down. 0 of 3 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.2%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Tazewell County?
- About 2.11% of value, from Census ACS median taxes paid over median home value. On a $192,000 home that is about $4,053 a year.
- What is Fair Market Rent in Tazewell County?
- HUD's FY2027 Fair Market Rent here is $961 for a 1-bedroom, $1,212 for a 2-bedroom and $1,557 for a 3-bedroom. Typical cash flow at today's rate is -$785 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.