Peoria, AZ Rental Market Trends
Last updated: February 20, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Peoria is $1,595, a 3.79% decrease compared to the previous year, when the average rent was $1,658.
Studio Apartments at $1,085 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 $1,391, balancing privacy and affordability.
Two-beedroom units at $1,654 offer 1,024 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,320 sq ft) for $2,166, suitable for larger households.
Average rent in Peoria, AZ
Last updated: February 20, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,595 | 936 sq. ft. |
| Studio | $1,085 | 502 sq. ft. |
| 1 Bed | $1,391 | 737 sq. ft. |
| 2 Beds | $1,654 | 1,024 sq. ft. |
| 3 Beds | $2,166 | 1,320 sq. ft. |
Peoria, AZ rent trends
Rental prices in Peoria, AZ have decreased by 3.79% over the past year. The average rent moved from $1,658 to $1,595.
What's the typical rent budget in Peoria, AZ?
The largest share of rentals in Peoria, AZ (44%) fall between $1,001-$1,500 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.
Most affordable neighborhoods in Peoria?
Sky View Place $1,379/month
Country Meadows $1,505/month
Countrybrook Meadows $1,506/month
All of these neighborhoods fall below the city wide average of $1,595/month.Most expensive neighborhoods in Peoria?
Arrowhead Shores $1,638/month
Vistancia $1,845/month
Peoria Industrial Park $1,855/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Peoria, AZ By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Peoria Industrial Park | $1,855 |
| Vistancia | $1,845 |
| Arrowhead Shores | $1,638 |
| Thunderbird North | $1,631 |
| Garden Point | $1,622 |
| Las Brisas Pointe | $1,615 |
| Westgreen Estates | $1,604 |
| Fletcher Heights | $1,597 |
| Foxfire | $1,547 |
| Countrybrook Meadows | $1,506 |
| Country Meadows | $1,505 |
| Sky View Place | $1,379 |
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Peoria | Rent Comparison by Neighborhood
Rent in Arrowhead Shores is 9% higher than in Country Meadows
$1,638
Arrowhead Shores rent is 3% higher than Peoria average
Average Rent
$1,638
$1,505
Country Meadows rent is 6% lower than Peoria average
Average Rent
$1,505
How Peoria Compares to Other Cities
| City | Average Rent |
|---|---|
| Peoria | $1,595 |
| Phoenix | $1,474 |
| Tucson | $1,216 |
| Mesa | $1,469 |
| Glendale | $1,384 |
| Scottsdale | $2,073 |
| Tempe | $1,800 |
| Chandler | $1,690 |
| Surprise | $1,716 |
| San Tan Valley | $1,912 |
| Gilbert | $1,759 |
| Buckeye | $1,800 |
| Goodyear | $1,634 |
| Avondale | $1,565 |
| Laveen | $1,861 |
| Queen Creek | $1,905 |
| Waddell | $2,378 |
| Casa Grande, AZ | $1,463 |
| Apache Junction, AZ | $1,588 |
| Maricopa, AZ | $1,657 |
| Florence, AZ | $1,197 |
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.