Birmingham-Hoover vs Peoria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 17% cheaper for renters. A 2-bedroom rents for $736/mo vs $863/mo in Birmingham-Hoover — saving $1,524/year.
Rent by Unit Size
| Unit Size | Birmingham-Hoover | Peoria | Difference |
|---|---|---|---|
| Studio | $540 | $470 | $70 |
| 1 Bedroom | $687 | $596 | $91 |
| 2 Bedrooms | $863 | $736 | $127 |
| 3 Bedrooms | $1,083 | $870 | $213 |
| 4 Bedrooms | $1,216 | $1,074 | $142 |
| Median Income | $46,088 | $39,404 | $6,684 |
Birmingham-Hoover
- Studio
- $540/mo
- 1 BR
- $687/mo
- 2 BR
- $863/mo
- 3 BR
- $1,083/mo
- 4 BR
- $1,216/mo
- Median Income
- $46,088/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 Birmingham-Hoover or Peoria cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $863/mo in Birmingham-Hoover. That's $127/mo or $1,524/year more expensive in Birmingham-Hoover (17% higher).
What is the 2-bedroom rent in Birmingham-Hoover vs Peoria?
The HUD Fair Market Rent for a 2-bedroom in Birmingham-Hoover is $863/month. In Peoria, a 2-bedroom FMR is $736/month.
How do incomes compare between Birmingham-Hoover and Peoria?
The median household income in Birmingham-Hoover is $46,088/year. In Peoria it is $39,404/year. Birmingham-Hoover has the higher median income.
What is the studio rent in Birmingham-Hoover vs Peoria?
A studio apartment Fair Market Rent in Birmingham-Hoover is $540/mo. In Peoria it is $470/mo.