Ann Arbor vs Peoria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 59% cheaper for renters. A 2-bedroom rents for $736/mo vs $1,170/mo in Ann Arbor — saving $5,208/year.
Rent by Unit Size
| Unit Size | Ann Arbor | Peoria | Difference |
|---|---|---|---|
| Studio | $781 | $470 | $311 |
| 1 Bedroom | $945 | $596 | $349 |
| 2 Bedrooms | $1,170 | $736 | $434 |
| 3 Bedrooms | $1,486 | $870 | $616 |
| 4 Bedrooms | $1,736 | $1,074 | $662 |
| Median Income | $58,245 | $39,404 | $18,841 |
Ann Arbor
- Studio
- $781/mo
- 1 BR
- $945/mo
- 2 BR
- $1,170/mo
- 3 BR
- $1,486/mo
- 4 BR
- $1,736/mo
- Median Income
- $58,245/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 Ann Arbor or Peoria cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $1,170/mo in Ann Arbor. That's $434/mo or $5,208/year more expensive in Ann Arbor (59% higher).
What is the 2-bedroom rent in Ann Arbor vs Peoria?
The HUD Fair Market Rent for a 2-bedroom in Ann Arbor is $1,170/month. In Peoria, a 2-bedroom FMR is $736/month.
How do incomes compare between Ann Arbor and Peoria?
The median household income in Ann Arbor is $58,245/year. In Peoria it is $39,404/year. Ann Arbor has the higher median income.
What is the studio rent in Ann Arbor vs Peoria?
A studio apartment Fair Market Rent in Ann Arbor is $781/mo. In Peoria it is $470/mo.