Chico vs Peoria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 44% cheaper for renters. A 2-bedroom rents for $736/mo vs $1,059/mo in Chico — saving $3,876/year.
Rent by Unit Size
| Unit Size | Chico | Peoria | Difference |
|---|---|---|---|
| Studio | $698 | $470 | $228 |
| 1 Bedroom | $859 | $596 | $263 |
| 2 Bedrooms | $1,059 | $736 | $323 |
| 3 Bedrooms | $1,354 | $870 | $484 |
| 4 Bedrooms | $1,491 | $1,074 | $417 |
| Median Income | $66,884 | $39,404 | $27,480 |
Chico
- Studio
- $698/mo
- 1 BR
- $859/mo
- 2 BR
- $1,059/mo
- 3 BR
- $1,354/mo
- 4 BR
- $1,491/mo
- Median Income
- $66,884/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 Chico or Peoria cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $1,059/mo in Chico. That's $323/mo or $3,876/year more expensive in Chico (44% higher).
What is the 2-bedroom rent in Chico vs Peoria?
The HUD Fair Market Rent for a 2-bedroom in Chico is $1,059/month. In Peoria, a 2-bedroom FMR is $736/month.
How do incomes compare between Chico and Peoria?
The median household income in Chico is $66,884/year. In Peoria it is $39,404/year. Chico has the higher median income.
What is the studio rent in Chico vs Peoria?
A studio apartment Fair Market Rent in Chico is $698/mo. In Peoria it is $470/mo.