Grand Rapids-Kentwood vs Peoria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 28% cheaper for renters. A 2-bedroom rents for $736/mo vs $945/mo in Grand Rapids-Kentwood — saving $2,508/year.
Rent by Unit Size
| Unit Size | Grand Rapids-Kentwood | Peoria | Difference |
|---|---|---|---|
| Studio | $583 | $470 | $113 |
| 1 Bedroom | $741 | $596 | $145 |
| 2 Bedrooms | $945 | $736 | $209 |
| 3 Bedrooms | $1,145 | $870 | $275 |
| 4 Bedrooms | $1,345 | $1,074 | $271 |
| Median Income | $58,686 | $39,404 | $19,282 |
Grand Rapids-Kentwood
- Studio
- $583/mo
- 1 BR
- $741/mo
- 2 BR
- $945/mo
- 3 BR
- $1,145/mo
- 4 BR
- $1,345/mo
- Median Income
- $58,686/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 Grand Rapids-Kentwood or Peoria cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $945/mo in Grand Rapids-Kentwood. That's $209/mo or $2,508/year more expensive in Grand Rapids-Kentwood (28% higher).
What is the 2-bedroom rent in Grand Rapids-Kentwood vs Peoria?
The HUD Fair Market Rent for a 2-bedroom in Grand Rapids-Kentwood is $945/month. In Peoria, a 2-bedroom FMR is $736/month.
How do incomes compare between Grand Rapids-Kentwood and Peoria?
The median household income in Grand Rapids-Kentwood is $58,686/year. In Peoria it is $39,404/year. Grand Rapids-Kentwood has the higher median income.
What is the studio rent in Grand Rapids-Kentwood vs Peoria?
A studio apartment Fair Market Rent in Grand Rapids-Kentwood is $583/mo. In Peoria it is $470/mo.