Apartments for Rent in Peoria, AZ

Prices and availability in Peoria, AZ were last updated on 11 May 2026.

The best apartments in Peoria, AZ are: Encantada Peoria, Grandstone at Sunrise Villas, Pillar Lago, Streamliner 87th and Visions.

The average rent in Peoria, AZ is $1,656.

The price range for a studio apartment in Peoria, AZ is between $540 and $1,680.

The price range for a 1-bedroom apartment in Peoria, AZ is between $850 and $4,198.

The price range for a 2-bedroom apartment in Peoria, AZ is between $850 and $4,192.

The price range for a 3-bedroom apartment in Peoria, AZ is between $1,174 and $5,615.

In Peoria, 25% of the residents are renting compared to 75% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 23% of Peoria's rentals, 34% are small-scale complexes with under 50 units, and 39% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Peoria are about 20 years old, on average. Of these, 74% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Peoria come in a range of sizes and floorplans. Studio apartments represent 2% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 42% of the total apartments in the city, while 2-bedroom floorplans represent around 47% of all rentals in Peoria. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.