Medford vs Peoria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 45% cheaper for renters. A 2-bedroom rents for $736/mo vs $1,065/mo in Medford — saving $3,948/year.
Rent by Unit Size
| Unit Size | Medford | Peoria | Difference |
|---|---|---|---|
| Studio | $704 | $470 | $234 |
| 1 Bedroom | $865 | $596 | $269 |
| 2 Bedrooms | $1,065 | $736 | $329 |
| 3 Bedrooms | $1,318 | $870 | $448 |
| 4 Bedrooms | $1,480 | $1,074 | $406 |
| Median Income | $51,417 | $39,404 | $12,013 |
Medford
- Studio
- $704/mo
- 1 BR
- $865/mo
- 2 BR
- $1,065/mo
- 3 BR
- $1,318/mo
- 4 BR
- $1,480/mo
- Median Income
- $51,417/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 Medford or Peoria cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $1,065/mo in Medford. That's $329/mo or $3,948/year more expensive in Medford (45% higher).
What is the 2-bedroom rent in Medford vs Peoria?
The HUD Fair Market Rent for a 2-bedroom in Medford is $1,065/month. In Peoria, a 2-bedroom FMR is $736/month.
How do incomes compare between Medford and Peoria?
The median household income in Medford is $51,417/year. In Peoria it is $39,404/year. Medford has the higher median income.
What is the studio rent in Medford vs Peoria?
A studio apartment Fair Market Rent in Medford is $704/mo. In Peoria it is $470/mo.