Louisville-Jefferson County vs Peoria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 13% cheaper for renters. A 2-bedroom rents for $736/mo vs $835/mo in Louisville-Jefferson County — saving $1,188/year.
Rent by Unit Size
| Unit Size | Louisville-Jefferson County | Peoria | Difference |
|---|---|---|---|
| Studio | $555 | $470 | $85 |
| 1 Bedroom | $707 | $596 | $111 |
| 2 Bedrooms | $835 | $736 | $99 |
| 3 Bedrooms | $1,082 | $870 | $212 |
| 4 Bedrooms | $1,307 | $1,074 | $233 |
| Median Income | $52,763 | $39,404 | $13,359 |
Louisville-Jefferson County
- Studio
- $555/mo
- 1 BR
- $707/mo
- 2 BR
- $835/mo
- 3 BR
- $1,082/mo
- 4 BR
- $1,307/mo
- Median Income
- $52,763/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 Louisville-Jefferson County or Peoria cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $835/mo in Louisville-Jefferson County. That's $99/mo or $1,188/year more expensive in Louisville-Jefferson County (13% higher).
What is the 2-bedroom rent in Louisville-Jefferson County vs Peoria?
The HUD Fair Market Rent for a 2-bedroom in Louisville-Jefferson County is $835/month. In Peoria, a 2-bedroom FMR is $736/month.
How do incomes compare between Louisville-Jefferson County and Peoria?
The median household income in Louisville-Jefferson County is $52,763/year. In Peoria it is $39,404/year. Louisville-Jefferson County has the higher median income.
What is the studio rent in Louisville-Jefferson County vs Peoria?
A studio apartment Fair Market Rent in Louisville-Jefferson County is $555/mo. In Peoria it is $470/mo.