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Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.

Peoria, AZ Rental Market Trends

What is the average rent in Peoria?

The average rent for an apartment in Peoria is $1,696. The cost of rent varies depending on several factors, including location, size, and quality.

Average Rent in Peoria, AZ

Last updated February 2022
Average Rent Average Apartment Size
$1,696 924 sq. ft.

What is the average apartment size in Peoria?

The average size for a Peoria, AZ apartment is 924 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Peoria, AZ Apartment Rent Ranges

Peoria, AZ Occupied Housing Units

17,838 or 28% of the households in Peoria, AZ are renter-occupied while 44,342 or 71% are owner-occupied.

Peoria, AZ Rent Trends

Average Rent Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 Jul / 2021 Nov / 2021 Feb / 2022
Peoria, AZ $1,139 $1,157 $1,182 $1,207 $1,250 $1,227 $1,311 $1,381 $1,515 $1,665 $1,696
National $1,362 $1,367 $1,399 $1,407 $1,409 $1,399 $1,403 $1,412 $1,495 $1,591 $1,628
Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Peoria, AZ By Neighborhood

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What are the most affordable neighborhoods in Peoria?

The most affordable neighborhoods in Peoria are Country Meadows, where the average rent goes for $1,517/month, Foxfire, where renters pay $1,517/mo on average, and Garden Point, where the average rent goes for $1,517/mo. If you’re looking for other great deals, check out the listings from Peoria Industrial Park ($1,517), Westgreen Estates ($1,517), and Sky View Place ($1,615), where the asking prices are below the average Peoria rent of $1,696/mo.

What are the most expensive neighborhoods in Peoria?

The most expensive neighborhoods in Peoria are Tierra del Rio ($1,803), Vistancia ($1,803) and Westwing Mountain ($1,803).

What are the most popular neighborhoods in Peoria?

The most popular neighborhood in Peoria is Westgreen Estates, where there are 30 verified RentCafe listings with an average rent of $1,517. Next up is Foxfire, where apartments go for $1,517/month, followed by Country Meadows with $1,517 If you’re looking to rent in Peoria’s most popular neighborhoods, make sure to also check out Thunderbird North, where renters pay $1,739 on average, and Vistancia, where the average monthly rent is $1,803.

Peoria | Rent Comparison by Neighborhood

Neighborhood
vs.

Rent in Alta Vista Estates is 1% higher than in Arrowhead Shores

$1,774

Alta Vista Estates rent is 5% higher than Peoria average

Average Rent $1,774
$1,767

Arrowhead Shores rent is 4% higher than Peoria average

Average Rent $1,767

How Peoria Compares to Other Cities

City Average Rent
Phoenix $1,547
Glendale $1,439
Mesa $1,529
Tucson $1,200
Chandler $1,831
Peoria $1,696
Gilbert $1,843
Surprise $1,862
Tempe $1,868
Buckeye $1,811
Avondale $1,673
Goodyear $1,817
Scottsdale $2,138
Queen Creek $2,032
Tolleson $1,573
Apache Junction $765
Oro Valley $1,469

Most Popular Apartments in Peoria

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Peoria apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.