Cleveland-Elyria vs Peoria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 15% cheaper for renters. A 2-bedroom rents for $736/mo vs $844/mo in Cleveland-Elyria — saving $1,296/year.
Rent by Unit Size
| Unit Size | Cleveland-Elyria | Peoria | Difference |
|---|---|---|---|
| Studio | $566 | $470 | $96 |
| 1 Bedroom | $677 | $596 | $81 |
| 2 Bedrooms | $844 | $736 | $108 |
| 3 Bedrooms | $1,081 | $870 | $211 |
| 4 Bedrooms | $1,197 | $1,074 | $123 |
| Median Income | $59,020 | $39,404 | $19,616 |
Cleveland-Elyria
- Studio
- $566/mo
- 1 BR
- $677/mo
- 2 BR
- $844/mo
- 3 BR
- $1,081/mo
- 4 BR
- $1,197/mo
- Median Income
- $59,020/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 Cleveland-Elyria or Peoria cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $844/mo in Cleveland-Elyria. That's $108/mo or $1,296/year more expensive in Cleveland-Elyria (15% higher).
What is the 2-bedroom rent in Cleveland-Elyria vs Peoria?
The HUD Fair Market Rent for a 2-bedroom in Cleveland-Elyria is $844/month. In Peoria, a 2-bedroom FMR is $736/month.
How do incomes compare between Cleveland-Elyria and Peoria?
The median household income in Cleveland-Elyria is $59,020/year. In Peoria it is $39,404/year. Cleveland-Elyria has the higher median income.
What is the studio rent in Cleveland-Elyria vs Peoria?
A studio apartment Fair Market Rent in Cleveland-Elyria is $566/mo. In Peoria it is $470/mo.