Bismarck vs Peoria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 11% cheaper for renters. A 2-bedroom rents for $736/mo vs $817/mo in Bismarck — saving $972/year.
Rent by Unit Size
| Unit Size | Bismarck | Peoria | Difference |
|---|---|---|---|
| Studio | $555 | $470 | $85 |
| 1 Bedroom | $667 | $596 | $71 |
| 2 Bedrooms | $817 | $736 | $81 |
| 3 Bedrooms | $1,020 | $870 | $150 |
| 4 Bedrooms | $1,141 | $1,074 | $67 |
| Median Income | $52,444 | $39,404 | $13,040 |
Bismarck
- Studio
- $555/mo
- 1 BR
- $667/mo
- 2 BR
- $817/mo
- 3 BR
- $1,020/mo
- 4 BR
- $1,141/mo
- Median Income
- $52,444/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 Bismarck or Peoria cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $817/mo in Bismarck. That's $81/mo or $972/year more expensive in Bismarck (11% higher).
What is the 2-bedroom rent in Bismarck vs Peoria?
The HUD Fair Market Rent for a 2-bedroom in Bismarck is $817/month. In Peoria, a 2-bedroom FMR is $736/month.
How do incomes compare between Bismarck and Peoria?
The median household income in Bismarck is $52,444/year. In Peoria it is $39,404/year. Bismarck has the higher median income.
What is the studio rent in Bismarck vs Peoria?
A studio apartment Fair Market Rent in Bismarck is $555/mo. In Peoria it is $470/mo.