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Rent out of reach for many in Peoria

A full-time worker earning the minimum wage can’t afford a modest two-bedroom apartment in Peoria, Tazewell or Woodford counties.

This finding comes from a national report from the National Low-Income Housing Coalition (NLIHC) and Housing Action Illinois. “Out of Reach 2018: The High Cost of Housing” calculates that a worker must earn $14.96 per hour to afford the fair market rate rent of $778 per month for a modest two-bedroom in the Tri-County Area without spending more than 30 percent of their income on that and utilities.

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