FairRentWize

Missoula vs Peoria

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Peoria is 47% cheaper for renters. A 2-bedroom rents for $736/mo vs $1,081/mo in Missoula — saving $4,140/year.

Rent by Unit Size

Unit SizeMissoulaPeoriaDifference
Studio$762$470$292
1 Bedroom$909$596$313
2 Bedrooms$1,081$736$345
3 Bedrooms$1,423$870$553
4 Bedrooms$1,651$1,074$577
Median Income$73,596$39,404$34,192

Missoula

Studio
$762/mo
1 BR
$909/mo
2 BR
$1,081/mo
3 BR
$1,423/mo
4 BR
$1,651/mo
Median Income
$73,596/yr
Full Missoula 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 Missoula or Peoria cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $1,081/mo in Missoula. That's $345/mo or $4,140/year more expensive in Missoula (47% higher).
What is the 2-bedroom rent in Missoula vs Peoria?
The HUD Fair Market Rent for a 2-bedroom in Missoula is $1,081/month. In Peoria, a 2-bedroom FMR is $736/month.
How do incomes compare between Missoula and Peoria?
The median household income in Missoula is $73,596/year. In Peoria it is $39,404/year. Missoula has the higher median income.
What is the studio rent in Missoula vs Peoria?
A studio apartment Fair Market Rent in Missoula is $762/mo. In Peoria it is $470/mo.