Last updated
Average Rent in Peoria, AZ & Rent Trends
Rent prices and market trends across 5 apartment communities in Peoria, AZ. Updated daily.
Market Average
$1,999/mo
▲ +1.6% from last month
Lowest Available
$1,452/mo
cheapest unit on market
Communities
5
tracked daily
Units Listed
311
available now
Price Cuts This Week in Peoria, AZ
19 listed units across 2 buildings in Peoria, AZ dropped their asking rent in the past 7 days, an average cut of $111/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Agave Ranch | Unit 10 | $2,200 | $1,870 | $330 |
| Marlowe Peoria Place | Unit 212, B4 | $2,168 | $2,044 | $124 |
| Marlowe Peoria Place | Unit 214, B4 | $2,168 | $2,044 | $124 |
| Marlowe Peoria Place | Unit 232, B4 | $2,168 | $2,044 | $124 |
| Marlowe Peoria Place | Unit 234, B4 | $2,168 | $2,044 | $124 |
| Agave Ranch | Unit 8 | $1,975 | $1,875 | $100 |
| Marlowe Peoria Place | Unit 203, A7 | $1,755 | $1,656 | $99 |
| Marlowe Peoria Place | Unit 204, A7 | $1,745 | $1,646 | $99 |
Rent by Neighborhood in Peoria, AZ
Compare average rent across Peoria, AZ neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Alta Loma | $2,012 | ▲ $318 | $1,452 | 4 | 291 |
| Glendale Sports and Entertainment District | $1,810 | ▲ $66 | $1,489 | 1 | 20 |
Is Rent Going Up or Down in Peoria, AZ?
As of August 2026, the average rent in Peoria, AZ is $1,999 per month across 5 apartment communities and 311 available units. Rents have increased $32 (1.6%) over the past month.
The most affordable option is Marlowe Peoria Place starting at $1,452/mo. By unit type, a studio averages $1,794/mo, a 1-bedroom averages $1,663/mo, a 2-bedroom averages $2,102/mo, a 3-bedroom averages $2,650/mo, a 4-bedroom averages $2,915/mo.
Prices range from $1,452 to $2,943 per month. The most common price point is the $1,600 range, where 96 units are currently listed.
Peoria, AZ Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,978 | - | 5 |
| August 2026 | $1,983 | +$5 | 5 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Peoria, AZ
Rent Prices by Apartment in Peoria, AZ
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Marlowe Peoria Place | $1,452/mo | $1,800/mo | 209 | 4.8 |
| VLux at Peoria Heights | $1,479/mo | $1,730/mo | 5 | 4.3 |
| Agave Ranch | $1,489/mo | $1,810/mo | 20 | 4.8 |
| Ironwood Townhomes | $1,899/mo | $1,949/mo | 2 | 4.4 |
| Summerwell Peoria Place | $2,163/mo | $2,622/mo | 75 | 4.7 |
Frequently Asked Questions About Rent in Peoria, AZ
What is the average rent in Peoria, AZ?
Is rent going up or down in Peoria, AZ?
What is the cheapest apartment in Peoria, AZ?
How much is a 1-bedroom apartment in Peoria, AZ?
How many apartments are available 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
$80,000/year
Based on the 30 percent rule, using our tracked average rent of $1,999/mo.
Comfortable income
$96,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,452/mo), you need to earn at least $58,000/year.
Median household income in Peoria, AZ is $93,403 , about 3% below 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) | $1,999 |
| Utilities | $534 |
| Groceries | $531 |
| Transportation | $1,274 |
| Healthcare | $621 |
| Other goods and services | $994 |
| Estimated total | $5,955/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.
Google Search Trends for Peoria, AZ Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Peoria, AZ Apartments
Browse all 5 communities with daily-updated pricing and availability.