The Fountains at Lake Pleasant
10134 W Mohawk Ln,
Peoria, AZ 85382
$999 - $1,299
1-2 Beds
Rental Market Trends in Peoria, AZ
What is the average rent in Peoria, AZ?
$1,415/month
Average Rent
724 Sq Ft
Average Apartment Size
-0.5%
Decrease in the Last Year
As of January 2026, the average rent in Peoria, AZ is $1,415 per month. For comparison, the national average rent price in the US is currently $1,624/month, which means Peoria rent prices are 13% lower than the national average. When you rent an apartment in Peoria, you can expect to pay about $1,207 per month for a studio, $1,415 for a one-bedroom apartment, and around $1,647 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,151 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Peoria, AZ?
In the past year, rent has decreased by 0.5%, which averages out to $6 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 January 2026
Legend
2025
2026
Rent Ranges in Peoria, AZ
Last Updated January 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
39%
$1,001 - $1,500/month
48%
$1,501 - $2,000/month
14%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Peoria?
Based on current rent prices, Citadel, Braewood Peoria and South Peoria are the most affordable neighborhoods in Peoria.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Peoria?
Based on current rent prices, Fletcher Heights, Madison Estates and Westbrook Village are the most expensive neighborhoods in Peoria.
Neighborhood
Average Rent
Average Sq Ft
Which Peoria neighborhoods have the most rentals available?
The neighborhoods in Peoria with the most apartments available are South Peoria, Madison Estates and North Peoria .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Peoria, AZ?
Because the average rent in Peoria is $1,415, you’ll want to make about $4,716 per month or $56,592 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.
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.
Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Nearby City Rent Trends
Apartment communities in Peoria we think you'll love
Property Management Companies in Peoria, AZ
Greystar
-
3,446
Communities
-
951,526
Units
-
887
Cities
12 Communities in Peoria
Stellar Residential
-
22
Communities
-
4,188
Units
-
12
Cities
3 Communities in Peoria
Avenue5 Residential
-
552
Communities
-
122,349
Units
-
219
Cities
2 Communities in Peoria
Bryten Real Estate Partners
-
115
Communities
-
27,828
Units
-
69
Cities
2 Communities in Peoria
Olympus Property
-
65
Communities
-
17,998
Units
-
44
Cities
2 Communities in Peoria
CAF Management
-
46
Communities
-
15,616
Units
-
22
Cities
2 Communities in Peoria
Pillar Communities, LLC
-
13
Communities
-
2,420
Units
-
7
Cities
2 Communities in Peoria
Willow Bridge
-
706
Communities
-
195,320
Units
-
339
Cities
1 Community in Peoria
Learn More with Helpful Articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
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 November 2025.
* Percentages may not total 100 due to rounding.