Peoria, IL MSA · FY2026 area median income $106,100 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $371 | $557 | $743 | $928 | $1,114 | $1,300 | $1,486 |
| 1BR | $398 | $597 | $796 | $995 | $1,194 | $1,393 | $1,592 |
| 2BR | $477 | $716 | $955 | $1,193 | $1,432 | $1,671 | $1,910 |
| 3BR | $551 | $827 | $1,103 | $1,379 | $1,655 | $1,931 | $2,207 |
| 4BR | $615 | $923 | $1,231 | $1,538 | $1,846 | $2,154 | $2,462 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $22,290 | $37,150 | $44,580 | $59,440 |
| 2 persons | $25,470 | $42,450 | $50,940 | $67,920 |
| 3 persons | $28,650 | $47,750 | $57,300 | $76,400 |
| 4 persons | $31,830 | $53,050 | $63,660 | $84,880 |
| 5 persons | $34,380 | $57,300 | $68,760 | $91,680 |
| 6 persons | $36,930 | $61,550 | $73,860 | $98,480 |
| 7 persons | $39,480 | $65,800 | $78,960 | $105,280 |
| 8 persons | $42,030 | $70,050 | $84,060 | $112,080 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Woodford County to see the sources and uses, bond test, DSCR, and funding gap using these rents.