Gainesville vs Peoria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 37% cheaper for renters. A 2-bedroom rents for $736/mo vs $1,011/mo in Gainesville — saving $3,300/year.
Rent by Unit Size
| Unit Size | Gainesville | Peoria | Difference |
|---|---|---|---|
| Studio | $680 | $470 | $210 |
| 1 Bedroom | $802 | $596 | $206 |
| 2 Bedrooms | $1,011 | $736 | $275 |
| 3 Bedrooms | $1,236 | $870 | $366 |
| 4 Bedrooms | $1,426 | $1,074 | $352 |
| Median Income | $47,354 | $39,404 | $7,950 |
Gainesville
- Studio
- $680/mo
- 1 BR
- $802/mo
- 2 BR
- $1,011/mo
- 3 BR
- $1,236/mo
- 4 BR
- $1,426/mo
- Median Income
- $47,354/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 Gainesville or Peoria cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $1,011/mo in Gainesville. That's $275/mo or $3,300/year more expensive in Gainesville (37% higher).
What is the 2-bedroom rent in Gainesville vs Peoria?
The HUD Fair Market Rent for a 2-bedroom in Gainesville is $1,011/month. In Peoria, a 2-bedroom FMR is $736/month.
How do incomes compare between Gainesville and Peoria?
The median household income in Gainesville is $47,354/year. In Peoria it is $39,404/year. Gainesville has the higher median income.
What is the studio rent in Gainesville vs Peoria?
A studio apartment Fair Market Rent in Gainesville is $680/mo. In Peoria it is $470/mo.