FairRentWize

Miami-Fort Lauderdale-Pompano Beach vs Peoria

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Peoria is 110% cheaper for renters. A 2-bedroom rents for $736/mo vs $1,543/mo in Miami-Fort Lauderdale-Pompano Beach — saving $9,684/year.

Rent by Unit Size

Unit SizeMiami-Fort Lauderdale-Pompano BeachPeoriaDifference
Studio$979$470$509
1 Bedroom$1,206$596$610
2 Bedrooms$1,543$736$807
3 Bedrooms$1,928$870$1,058
4 Bedrooms$2,007$1,074$933
Median Income$86,139$39,404$46,735

Miami-Fort Lauderdale-Pompano Beach

Studio
$979/mo
1 BR
$1,206/mo
2 BR
$1,543/mo
3 BR
$1,928/mo
4 BR
$2,007/mo
Median Income
$86,139/yr
Full Miami-Fort Lauderdale-Pompano Beach profile →

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
Full Peoria profile →

Frequently Asked Questions

Is Miami-Fort Lauderdale-Pompano Beach or Peoria cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $1,543/mo in Miami-Fort Lauderdale-Pompano Beach. That's $807/mo or $9,684/year more expensive in Miami-Fort Lauderdale-Pompano Beach (110% higher).
What is the 2-bedroom rent in Miami-Fort Lauderdale-Pompano Beach vs Peoria?
The HUD Fair Market Rent for a 2-bedroom in Miami-Fort Lauderdale-Pompano Beach is $1,543/month. In Peoria, a 2-bedroom FMR is $736/month.
How do incomes compare between Miami-Fort Lauderdale-Pompano Beach and Peoria?
The median household income in Miami-Fort Lauderdale-Pompano Beach is $86,139/year. In Peoria it is $39,404/year. Miami-Fort Lauderdale-Pompano Beach has the higher median income.
What is the studio rent in Miami-Fort Lauderdale-Pompano Beach vs Peoria?
A studio apartment Fair Market Rent in Miami-Fort Lauderdale-Pompano Beach is $979/mo. In Peoria it is $470/mo.