Nashville-Davidson-Murfreesboro vs Peoria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 55% cheaper for renters. A 2-bedroom rents for $736/mo vs $1,144/mo in Nashville-Davidson-Murfreesboro — saving $4,896/year.
Rent by Unit Size
| Unit Size | Nashville-Davidson-Murfreesboro | Peoria | Difference |
|---|---|---|---|
| Studio | $733 | $470 | $263 |
| 1 Bedroom | $920 | $596 | $324 |
| 2 Bedrooms | $1,144 | $736 | $408 |
| 3 Bedrooms | $1,439 | $870 | $569 |
| 4 Bedrooms | $1,613 | $1,074 | $539 |
| Median Income | $74,218 | $39,404 | $34,814 |
Nashville-Davidson-Murfreesboro
- Studio
- $733/mo
- 1 BR
- $920/mo
- 2 BR
- $1,144/mo
- 3 BR
- $1,439/mo
- 4 BR
- $1,613/mo
- Median Income
- $74,218/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 Nashville-Davidson-Murfreesboro or Peoria cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $1,144/mo in Nashville-Davidson-Murfreesboro. That's $408/mo or $4,896/year more expensive in Nashville-Davidson-Murfreesboro (55% higher).
What is the 2-bedroom rent in Nashville-Davidson-Murfreesboro vs Peoria?
The HUD Fair Market Rent for a 2-bedroom in Nashville-Davidson-Murfreesboro is $1,144/month. In Peoria, a 2-bedroom FMR is $736/month.
How do incomes compare between Nashville-Davidson-Murfreesboro and Peoria?
The median household income in Nashville-Davidson-Murfreesboro is $74,218/year. In Peoria it is $39,404/year. Nashville-Davidson-Murfreesboro has the higher median income.
What is the studio rent in Nashville-Davidson-Murfreesboro vs Peoria?
A studio apartment Fair Market Rent in Nashville-Davidson-Murfreesboro is $733/mo. In Peoria it is $470/mo.