Airbnb Market Analytics, Statistics and Data in Peoria, Illinois, United States

Last updated: 2025-01-31

Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Peoria? AirROI have just the data insights! Over the last twelve months from February 2024 to January 2025, we've uncovered key trends and opportunities that successful hosts are leveraging in Peoria:

Average Daily Rate

$95

Occupancy Rate

48.64%

Annual Revenue

$16,706

Revenue Growth YoY

12.04%

Best Month

June

Worst Month

January

Regulation

Low

Active Listings

157

How much do Airbnb hosts make on average per month in Peoria?

The short-term rental market in Peoria shows distinct revenue patterns across different property tiers. Our analysis reveals that successful properties combine strategic pricing with quality management to maximize earnings potential. Market data demonstrates clear revenue differentiation among properties:

Typical properties (median) earn $1,548 per month
Strong performing properties (top 25%) make $2,471 or more
Best-in-class properties (top 10%) achieve $3,643+ monthly
Entry-level properties (bottom 25%) typically earn around $654

Revenue Variations by Month

Occupancy Rates Throughout the Year in Peoria

The market in Peoria shows distinct occupancy patterns influenced by seasonal trends and local dynamics. Properties that maintain high guest satisfaction scores and implement strategic pricing consistently achieve stronger occupancy rates. Current market data shows:

Typical properties (median) maintain 53% occupancy rates
Strong performing properties (top 25%) achieve 74% or higher
Best-in-class properties (top 10%) reach 87%+occupancy
Entry-level properties (bottom 25%) average around 27%

Occupancy Variations by Month

Average Daily Rates Seasonal Trends in Peoria

Daily rates in Peoria vary based on seasonality, property quality, and market dynamics. Properties that effectively balance competitive pricing with strong amenities typically command higher rates. Market analysis shows the following rate structure:

Typical properties (median) generate $82 per night
Strong performing properties (top 25%) secure $108 or more
Best-in-class properties (top 10%) pull in $159+ per night
Entry-level properties (bottom 25%) earn around $57

Daily Rate Variations by Month

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Seasonality patterns in Peoria

Peak Season (June, July, August)

Revenue peaks at $2449.12 per month
Occupancy rates reach 61.43%
Daily rates average $98.79

Shoulder Season

Revenue averages $1857.00 per month
Occupancy maintains 50.63%
Daily rates hold at $93.47

Low Season (December, February, January)

Revenue drops to $1089.96 per month
Occupancy decreases to 35.96%
Daily rates adjust to $87.19

Is it still profitable to do Airbnb in Peoria in 2025?

Yes! Peoria demonstrates highly seasonal trends requiring strategic adaptation, featuring a healthy occupancy rate of 51% and solid monthly revenue averaging $1857 and The market's 157 active listings indicate growing demand with plenty of opportunity for new properties. There's also room for profit through rental arbitrage strategies, if you can identify competitively priced properties. To maximize your return on investment, consider employing the following strategies:

Peak Season Strategy

Implement premium seasonal pricing strategies
Set longer minimum stay requirements during high-demand periods
Enforce stricter cancellation policies

Shoulder Season Strategy

Maintain competitive market-based pricing
Offer moderate-length stay incentives
Target a mix of leisure and business travelers with flexible booking terms
Focus on weekend getaway packages and mid-week business traveler promotions

Low Season Strategy

Adjust pricing to remain competitive in the market
Target different guest segments (business travelers, long-term stays, holiday visitors, event attendees, remote workers)
Create targeted promotional campaigns to drive occupancy

Top Places to Start Airbnb in Peoria

Area	Why Choose This Area	Key Attractions
Peoria Heights	A charming village offering stunning views of the Illinois River, Peoria Heights is known for its scenic parks and local restaurants. It appeals to visitors looking for a relaxing getaway while still being close to downtown Peoria.	Tower Park, Peoria Heights Park, The Contemporary Art Center of Peoria, Local eateries and breweries
Downtown Peoria	The heart of the city, Downtown Peoria is bustling with activity. It features a variety of restaurants, shops, and entertainment options, making it a perfect spot for guests looking for urban experiences.	Peoria Civic Center, Grand Army of the Republic Hall, The Peoria Riverfront Museum, Various dining and nightlife options
West Peoria	A suburban area that offers access to local parks and family-friendly attractions. It's ideal for families looking to explore Peoria while staying in a quieter neighborhood.	Vaughan Park, West Peoria Community Center, Gateway Building
Riverfront	This vibrant area along the Illinois River is filled with activities and parks. It's a popular location for visitors interested in outdoor activities and riverfront events.	Peoria Riverfront, Caterpillar Visitors Center, Riverfront Park, Outdoor concerts and festivals
North Peoria	A growing suburban area that provides a mix of residential neighborhoods and retail. It's ideal for visitors looking for convenient access to shopping and dining.	Northwoods Mall, Parks such as Wetlands Park, Shops and cafes
Lakeview	Offering beautiful views of the lake, Lakeview is a great area for those looking to enjoy nature and outdoor activities. It attracts nature lovers and families.	Lakeview Park, Fishing and boating activities, Nature trails
East Peoria	Known for its family-friendly atmosphere and local attractions, East Peoria is great for those visiting for events, family gatherings, or business.	EastSide Centre, Par-A-Dice Hotel Casino, Parks and recreation areas
Pleasant Hill	A quiet neighborhood known for its friendly community and local parks, making it perfect for travelers looking for a peaceful stay close to Peoria's amenities.	Parks and playgrounds, St. Ann's Church, Local community events

Do you need a license for Airbnb in Peoria?

$184.88

Daily Rate

Top Performing Professional Hosts in Peoria

Host Name	Properties	Grossing Revenue	Stay Reviews	Avg Rating
Dimitar	8	$362,457	357	4.86/5.0
Joseph	15	$271,498	659	4.72/5.0
Matthew	16	$184,339	1137	4.80/5.0
Lily	2	$130,912	75	4.91/5.0
Josh	3	$91,982	209	4.88/5.0
Jim And Rebecca	3	$87,623	754	5.00/5.0
Asif	4	$84,395	106	4.80/5.0
Jackie	3	$82,210	211	4.93/5.0
The Ten Twenty Nine Apartments	4	$64,983	79	4.66/5.0
Evolve	1	$64,064	10	5.00/5.0

Additional analytics on vacation rental, real estate, short term rental data in Peoria

AirROI also have other key metrics and comprehensive data for your vacation rental, real estate needs. Go explore the advanced metrics that can help you make informed decisions:

Show Advanced Metrics

Room Type Distribution

Property Type Distribution

Key Insights

Market dominated by entire home listings (74.5%), with house and apartment & condo properties comprising 94.2% of inventory
Untapped potential in others, outdoor & mobile, boutique & hotels segments (5.7% combined)

Room Capacity Distribution

Analysis of 157 properties in Peoria shows that 1 bedroom properties are most prevalent, making up 28% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 54.8% of all listings.

Key Insights

Most common: 1 bedroom (28%)
Least common: 5+ bedrooms (1.9%)
Market concentration: 54.8% in top 2 sizes
Market skew: Favors smaller properties

Guest Capacity Distribution

Analysis of 157 properties in Peoria reveals that 4 guests properties dominate the market, representing 20.4% of all listings. The average property accommodates 3.4 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 2 guests make up 38.2% of the market.

Key Insights

Most common capacity: 4 guests (20.4% of market)
Least common capacity: 7 guests (2.5% of market)
Average guest capacity: 3.4 guests per property
Market concentration: 38.2% in top 2 capacity sizes
Market segmentation: Predominantly larger guest capacities

Booking and Availability Patterns

Available Days Distribution

Booked Days Distribution

Among 157 properties in Peoria, the most common availability pattern is 181-270 days (31.2% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (33.1% of properties).

Key Insights

Most common availability window: 181-270 days (31.2%)
Most common booking duration: 91-180 days (33.1%)
Properties with high availability (180+ days): 59.9%
Properties with long-term bookings (180+ days): 40.8%

Minimum Stay Distributions

1 Night (41.3%)

1 Night

62 listings

41.3% of total

2 Nights (20.7%)

2 Nights

31 listings

20.7% of total

3 Nights (6.7%)

3 Nights

10 listings

6.7% of total

4-6 Nights (6%)

4-6 Nights

9 listings

6% of total

7-29 Nights (6%)

7-29 Nights

9 listings

6% of total

30+ Nights (19.3%)

30+ Nights

29 listings

19.3% of total

Key Insights

Short stays (1-2 nights) dominate the market at 62.0%
Mid-length stays (4-6 nights) represent 6% of listings
Monthly+ stays (19.3%) suggest a stable extended-stay market
High market flexibility with 68.7% accepting 3 nights or less

Recommendations

Set minimum stays between 2-3 nights to align with market standards
Adjust minimum stays seasonally based on demand patterns
Consider monthly stay discounts to capture the growing extended-stay market
Implement different minimum stays for weekends vs. weekdays

Cancellation Policy Distribution

Flexible (28.6%)

Flexible

42 listings

28.6% of total

Moderate (27.9%)

Moderate

41 listings

27.9% of total

Firm (13.6%)

Firm

20 listings

13.6% of total

Strict (29.9%)

Strict

44 listings

29.9% of total

Key Insights

Strict is the preferred policy at 29.9% of listings
The market shows a balanced distribution between guest-friendly (56.5%) and strict (43.5%) policies
Firm policies are least common at 13.6% of listings

Recommendations

Market supports various policies - choose based on your property type and target guests
Strong market preference for Strict policies suggests this should be your baseline
Consider generous cancellation terms as a competitive advantage

Booking Lead Time Trends

Key Insights

Peak booking lead times occur in Jul, Aug, May, averaging 47 days
Shortest booking windows are in Jan, Oct, Feb, averaging 29 days
Summer shows the longest average booking window at 47 days, while Winter has the shortest at 30 days

Recommendations

Implement dynamic pricing strategies for Summer bookings at least 47 days in advance
Consider early bird discounts during Winter to encourage longer lead times
Focus on last-minute booking promotions during Jan-Feb when lead times are shortest

Popular Airbnb Amenities in Peoria

Every property in Peoria comes standard with Smoke alarm. Below shows the distribution of other amenities:

Traveler Demographics

Guest Origin Distribution

Top 5 Cities of Origin

Top 5 Countries of Origin

Top 5 Languages Spoken

Age Distribution

Key Insights

Domestic travelers make up 97.3% of total guests, indicating a dominant local market share.
Primary international markets: Canada (0.8%) and United Kingdom (0.3%)
English is the top language at 80.9%, followed by Spanish (14.4%)
Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 6.5%

Recommendations

Target marketing campaigns for Chicago and Peoria markets
Develop localized content for Canada and United Kingdom
Prioritize English and Spanish language support
Tailor experiences for Pre-1950s (Silent Gen) while maintaining broad age appeal
Implement seasonal promotions aligned with key market travel patterns

Nearby Markets

Explore short-term rental performance in markets surrounding Peoria. These nearby markets offer diverse opportunities for property investors and hosts:

Market	Properties	Monthly Revenue	Daily Rate	Occupancy
Glen Ellyn	17	$4,312	$280.50	51%
Geneva	30	$3,499	$193.04	55%
St. Charles Township	16	$3,249	$254.44	51%
Wheaton	27	$3,245	$187.02	58%
Effingham	20	$3,119	$224.47	50%
St. Charles	31	$3,093	$192.17	56%
Petersburg	13	$3,033	$205.17	44%
Galesburg	16	$3,005	$157.37	55%
Plainfield	14	$2,910	$192.93	39%
Lombard	25	$2,779	$203.13	53%

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