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Rental Market Trends in Peoria, AZ

What is the average rent in Peoria, AZ?

$1,451/month

Average Rent

723 Sq Ft

Average Apartment Size

-3.2%

Decrease in the Last Year

As of June 2025, the average rent in Peoria, AZ is $1,451 per month. For comparison, the national average rent price in the US is currently $1,627/month, which means Peoria rent prices are 11% lower than the national average. When you rent an apartment in Peoria, you can expect to pay about $1,254 per month for a studio, $1,451 for a one-bedroom apartment, and around $1,693 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,192 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,254/month
554 Sq Ft
One Bedroom
$1,451/month
723 Sq Ft
Two Bedroom
$1,693/month
1,020 Sq Ft
Three Bedroom
$2,192/month
1,168 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,361/month
1,495 Sq Ft
Three Bedroom
$2,352/month
1,655 Sq Ft
Four Bedroom
$3,189/month
2,396 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,759/month
1,003 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,382/month
1,300 Sq Ft
Three Bedroom
$2,318/month
1,570 Sq Ft

How much has average rent changed in Peoria, AZ?

In the past year, rent has decreased by 3.2%, which averages out to $46 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Peoria, AZ
Last Updated June 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Peoria, AZ
Percentage*
Rent Range
0% Below $700/month
2% $700 - $1,000/month
29% $1,001 - $1,500/month
56% $1,501 - $2,000/month
13% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Peoria?

Based on current rent prices, Braewood Peoria, Discovery at the Orchard and Avenue Thunderbird are the most affordable neighborhoods in Peoria.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Braewood Peoria
$1,159/month
700 Sq Ft
Discovery at the Orchard
$1,317/month
734 Sq Ft
Avenue Thunderbird
$1,317/month
734 Sq Ft
Brookside Village
$1,371/month
679 Sq Ft
Hunter Ridge
$1,371/month
679 Sq Ft
Travata
$1,371/month
679 Sq Ft
Old Town Peoria
$1,372/month
698 Sq Ft
Plaza del Rio
$1,385/month
717 Sq Ft
Peacock Village
$1,393/month
728 Sq Ft
South Peoria
$1,420/month
671 Sq Ft

What are the most expensive neighborhoods in Peoria?

Based on current rent prices, Roundtree Ranch, Mesquite Vistas and Scotland Hills at Westbrook Village are the most expensive neighborhoods in Peoria.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Roundtree Ranch
$2,302/month
695 Sq Ft
Mesquite Vistas
$2,302/month
695 Sq Ft
Scotland Hills at Westbrook Village
$2,290/month
772 Sq Ft
Cedarbrook
$2,104/month
690 Sq Ft
Westbrook Village
$2,027/month
773 Sq Ft
Madison Estates
$2,001/month
705 Sq Ft
Fletcher Heights
$1,930/month
763 Sq Ft
North Peoria
$1,775/month
745 Sq Ft
Tierra del Rio
$1,635/month
805 Sq Ft
Saguaro Trails
$1,635/month
805 Sq Ft

Which Peoria neighborhoods have the most rentals available?

The neighborhoods in Peoria with the most apartments available are South Peoria, North Peoria and Fletcher Heights .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
South Peoria
$1,420/month
671 Sq Ft
North Peoria
$1,775/month
745 Sq Ft
Fletcher Heights
$1,930/month
763 Sq Ft
Old Town Peoria
$1,372/month
698 Sq Ft
Plaza del Rio
$1,385/month
717 Sq Ft
Madison Estates
$2,001/month
705 Sq Ft
Granada Estates
$1,552/month
780 Sq Ft
Cedarbrook
$2,104/month
690 Sq Ft
Westbrook Village
$2,027/month
773 Sq Ft
New River Ranch
$1,520/month
847 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Peoria is $1,451, you’ll want to make about $4,836 per month or $58,032 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Peoria, AZ

2,291 Available Apartments for Rent

Search for Nearby Apartments

How does Peoria, AZ compare to other nearby cities and neighborhoods?

Use the tool below to compare Peoria, AZ to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Peoria, AZ

Apartment Averages

Braewood Peoria

Peoria, AZ

Roundtree Ranch

Peoria, AZ

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

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Apartment communities in Peoria we think you'll love

Eagle Ridge Apartment Homes

Eagle Ridge Apartment Homes

28851 N Vistancia Blvd,
Peoria, AZ 85383

1-3 Beds | $1,550 - $2,170

Casa del Rio

Casa del Rio

12751 N Plaza del Rio Blvd,
Peoria, AZ 85381

1-2 Beds | $1,157 - $1,715

Prose Desert River

Prose Desert River

7430 N 100th Ave,
Glendale, AZ 85305

1-2 Beds | $1,349 - $1,779

Village at Pleasant River

Village at Pleasant River

25121 N 115th Ave,
Peoria, AZ 85383

1-3 Beds | $1,575 - $2,375

Property Management Companies in Peoria, AZ

Greystar
Greystar
  • 3,266

    Communities

  • 907,427

    Units

  • 843

    Cities

11 Communities in Peoria
Stellar Residential
Stellar Residential
  • 20

    Communities

  • 3,771

    Units

  • 10

    Cities

3 Communities in Peoria
Avenue5 Residential
Avenue5 Residential
  • 508

    Communities

  • 113,919

    Units

  • 198

    Cities

2 Communities in Peoria
Inland Real Estate
Inland Real Estate
  • 78

    Communities

  • 19,551

    Units

  • 58

    Cities

2 Communities in Peoria
Olympus Property
Olympus Property
  • 58

    Communities

  • 15,933

    Units

  • 44

    Cities

2 Communities in Peoria
CAF Management
CAF Management
  • 55

    Communities

  • 17,555

    Units

  • 23

    Cities

2 Communities in Peoria
Mark-Taylor
Mark-Taylor
  • 18

    Communities

  • 5,083

    Units

  • 10

    Cities

2 Communities in Peoria
Pillar Communities, LLC
Pillar Communities, LLC
  • 14

    Communities

  • 2,557

    Units

  • 7

    Cities

2 Communities in Peoria

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United States Arizona Peoria Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity