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Average Rent in Peoria, AZ & Rent Trends

Rent prices and market trends across 2 apartment communities in Peoria, AZ. Updated daily.

Market Average

$1,707/mo

Lowest Available

$618/mo

cheapest unit on market

Communities

2

tracked daily

Units Listed

20

available now

Is Rent Going Up or Down in Peoria, AZ?

As of June 2026, the average rent in Peoria, AZ is $1,707 per month across 2 apartment communities and 20 available units.

The most affordable option is VLux at Peoria Heights starting at $618/mo. By unit type, a studio averages $1,625/mo, a 1-bedroom averages $1,492/mo, a 2-bedroom averages $1,835/mo, a 3-bedroom averages $2,145/mo.

Prices range from $618 to $2,195 per month. The most common price point is the $1,800 range, where 7 units are currently listed.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Peoria, AZ

Studio
$1,625
from $618 · 7 units
1 Bed
$1,492
from $1,395 · 5 units
2 Bed
$1,835
from $1,730 · 6 units
3 Bed
$2,145
from $2,095 · 2 units

Rent Prices by Apartment in Peoria, AZ

Property Starting at Average Units Rating
VLux at Peoria Heights $618/mo $1,625/mo 7 4.3
Agave Ranch $1,395/mo $1,751/mo 13 4.8

Frequently Asked Questions About Rent in Peoria, AZ

What is the average rent in Peoria, AZ?

The average rent in Peoria, AZ is $1,707 per month as of June 2026, based on 20 units across 2 apartment communities.

Is rent going up or down in Peoria, AZ?

The current average rent in Peoria, AZ is $1,707/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Peoria, AZ?

The most affordable apartment in Peoria, AZ is VLux at Peoria Heights with units starting at $618/mo.

How much is a 1-bedroom apartment in Peoria, AZ?

A 1-bedroom apartment in Peoria, AZ averages $1,492/mo, with prices starting at $1,395/mo across 5 available units.

How many apartments are available in Peoria, AZ?

There are 20 units available across 2 apartment communities in Peoria, AZ.

What salary do I need to live comfortably in Peoria, AZ?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$68,000/year

Based on the 30 percent rule, using our tracked average rent of $1,707/mo.

Comfortable income

$82,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($618/mo), you need to earn at least $25,000/year.

Median household income in Peoria, AZ is $93,403 , about 14% above the comfortable-living threshold.

Cost of living in Peoria, AZ

Overall prices in Peoria, AZ runs above the national average by about 5% (BEA Regional Price Parity index 104.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Peoria, AZ's regional price parities.

Category Monthly estimate
Rent (market average) $1,707
Utilities $534
Groceries $531
Transportation $1,274
Healthcare $621
Other goods and services $994
Estimated total $5,663/mo

Population

194,338

Median household income

$93,403

Census median rent

$1,743/mo

Rent as % of income

33.6%

Median age

42.1

Mean commute

29 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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