Boston-Cambridge-Newton vs Peoria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 138% cheaper for renters. A 2-bedroom rents for $736/mo vs $1,754/mo in Boston-Cambridge-Newton — saving $12,216/year.
Rent by Unit Size
| Unit Size | Boston-Cambridge-Newton | Peoria | Difference |
|---|---|---|---|
| Studio | $1,196 | $470 | $726 |
| 1 Bedroom | $1,409 | $596 | $813 |
| 2 Bedrooms | $1,754 | $736 | $1,018 |
| 3 Bedrooms | $2,044 | $870 | $1,174 |
| 4 Bedrooms | $2,555 | $1,074 | $1,481 |
| Median Income | $100,795 | $39,404 | $61,391 |
Boston-Cambridge-Newton
- Studio
- $1,196/mo
- 1 BR
- $1,409/mo
- 2 BR
- $1,754/mo
- 3 BR
- $2,044/mo
- 4 BR
- $2,555/mo
- Median Income
- $100,795/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 Boston-Cambridge-Newton or Peoria cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $1,754/mo in Boston-Cambridge-Newton. That's $1,018/mo or $12,216/year more expensive in Boston-Cambridge-Newton (138% higher).
What is the 2-bedroom rent in Boston-Cambridge-Newton vs Peoria?
The HUD Fair Market Rent for a 2-bedroom in Boston-Cambridge-Newton is $1,754/month. In Peoria, a 2-bedroom FMR is $736/month.
How do incomes compare between Boston-Cambridge-Newton and Peoria?
The median household income in Boston-Cambridge-Newton is $100,795/year. In Peoria it is $39,404/year. Boston-Cambridge-Newton has the higher median income.
What is the studio rent in Boston-Cambridge-Newton vs Peoria?
A studio apartment Fair Market Rent in Boston-Cambridge-Newton is $1,196/mo. In Peoria it is $470/mo.