Peoria, AZ Rental Market Trends
Last updated: October 24, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Peoria is $1,606, a 2.06% decrease compared to the previous year, when the average rent was $1,639.
Studio Apartments at $1,109 offer the most budget-friendly option with 502 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 737 square feet for $1,417, balancing privacy and affordability.
Two-beedroom units at $1,683 offer 1,023 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,307 sq ft) for $2,151, suitable for larger households.
Average rent in Peoria, AZ
Last updated: October 24, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,606 | 924 sq. ft. |
| Studio | $1,109 | 502 sq. ft. |
| 1 Bed | $1,417 | 737 sq. ft. |
| 2 Beds | $1,683 | 1,023 sq. ft. |
| 3 Beds | $2,151 | 1,307 sq. ft. |
Peoria, AZ rent trends
Rental prices in Peoria, AZ have decreased by 2.06% over the past year. The average rent moved from $1,639 to $1,606.
What's the typical rent budget in Peoria, AZ?
The largest share of rentals in Peoria, AZ (45%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Peoria, AZ?
17,947 or 25% of the households in Peoria, AZ are renter-occupied while 55,218 or 75% are owner-occupied.
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Peoria apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.