Question 1

Is Lakeview, IL or Peoria, IL cheaper to buy in?

Accepted Answer

Peoria, IL is cheaper. The median home price in Lakeview, IL is approximately $526,600 and in Peoria, IL it is approximately $235,500 — a difference of $291,100.

Question 2

Is Lakeview, IL or Peoria, IL more walkable?

Accepted Answer

Lakeview, IL is more walkable. Lakeview, IL has a Walk Score of 92/100 and Peoria, IL has a Walk Score of 15/100.

Question 3

Which has better schools, Lakeview, IL or Peoria, IL?

Accepted Answer

Lakeview, IL has higher-rated schools. Lakeview, IL has a school rating of 7/10 and Peoria, IL has a rating of 6.8/10.

Question 4

Should I live in Lakeview, IL or Peoria, IL?

Accepted Answer

Both neighborhoods have distinct trade-offs — review the data above to find your best fit.

Category	Lakeview, IL	Peoria, IL
Housing
Verdict	Good for now	Hard pass
Median Price	$527K	$236K ✓ Lower price
Median Rent	$2K	$826 ✓ Lower rent
Median Income	$105K ✓ Higher income	$20K
Price Volatility	Moderate	Moderate
Getting Around
Walk Score	92/100 ✓ More walkable	15/100
Transit Score	66/100 ✓ Better transit	10/100
Bike Score	80/100 ✓ More bikeable	18/100
Commute	11 min ✓ Shorter commute	197 min
Safety & Environment
Safety Grade	D+	D+
Violent Crime	Moderate	Moderate
Property Crime	Moderate	Moderate
Flood Risk	Low	Low
Air Quality	Moderate	Moderate
Community
Schools	7/10 ✓ Better schools	6.8/10
Best for	young professionalsstudentspublic transit users	low‑income rentersretireesstudents

Lakeview, IL vs Peoria, IL

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