Akron vs Peoria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 12% cheaper for renters. A 2-bedroom rents for $736/mo vs $822/mo in Akron — saving $1,032/year.
Rent by Unit Size
| Unit Size | Akron | Peoria | Difference |
|---|---|---|---|
| Studio | $552 | $470 | $82 |
| 1 Bedroom | $662 | $596 | $66 |
| 2 Bedrooms | $822 | $736 | $86 |
| 3 Bedrooms | $1,025 | $870 | $155 |
| 4 Bedrooms | $1,215 | $1,074 | $141 |
| Median Income | $43,989 | $39,404 | $4,585 |
Akron
- Studio
- $552/mo
- 1 BR
- $662/mo
- 2 BR
- $822/mo
- 3 BR
- $1,025/mo
- 4 BR
- $1,215/mo
- Median Income
- $43,989/yr
Peoria
- Studio
- $470/mo
- 1 BR
- $596/mo
- 2 BR
- $736/mo
- 3 BR
- $870/mo
- 4 BR
- $1,074/mo
- Median Income
- $39,404/yr
Frequently Asked Questions
Is Akron or Peoria cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $822/mo in Akron. That's $86/mo or $1,032/year more expensive in Akron (12% higher).
What is the 2-bedroom rent in Akron vs Peoria?
The HUD Fair Market Rent for a 2-bedroom in Akron is $822/month. In Peoria, a 2-bedroom FMR is $736/month.
How do incomes compare between Akron and Peoria?
The median household income in Akron is $43,989/year. In Peoria it is $39,404/year. Akron has the higher median income.
What is the studio rent in Akron vs Peoria?
A studio apartment Fair Market Rent in Akron is $552/mo. In Peoria it is $470/mo.