Concord vs Peoria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 48% cheaper for renters. A 2-bedroom rents for $736/mo vs $1,088/mo in Concord — saving $4,224/year.
Rent by Unit Size
| Unit Size | Concord | Peoria | Difference |
|---|---|---|---|
| Studio | $755 | $470 | $285 |
| 1 Bedroom | $912 | $596 | $316 |
| 2 Bedrooms | $1,088 | $736 | $352 |
| 3 Bedrooms | $1,418 | $870 | $548 |
| 4 Bedrooms | $1,586 | $1,074 | $512 |
| Median Income | $53,649 | $39,404 | $14,245 |
Concord
- Studio
- $755/mo
- 1 BR
- $912/mo
- 2 BR
- $1,088/mo
- 3 BR
- $1,418/mo
- 4 BR
- $1,586/mo
- Median Income
- $53,649/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 Concord or Peoria cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $1,088/mo in Concord. That's $352/mo or $4,224/year more expensive in Concord (48% higher).
What is the 2-bedroom rent in Concord vs Peoria?
The HUD Fair Market Rent for a 2-bedroom in Concord is $1,088/month. In Peoria, a 2-bedroom FMR is $736/month.
How do incomes compare between Concord and Peoria?
The median household income in Concord is $53,649/year. In Peoria it is $39,404/year. Concord has the higher median income.
What is the studio rent in Concord vs Peoria?
A studio apartment Fair Market Rent in Concord is $755/mo. In Peoria it is $470/mo.