Olympia-Lacey-Tumwater vs Peoria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 60% cheaper for renters. A 2-bedroom rents for $736/mo vs $1,178/mo in Olympia-Lacey-Tumwater — saving $5,304/year.
Rent by Unit Size
| Unit Size | Olympia-Lacey-Tumwater | Peoria | Difference |
|---|---|---|---|
| Studio | $769 | $470 | $299 |
| 1 Bedroom | $945 | $596 | $349 |
| 2 Bedrooms | $1,178 | $736 | $442 |
| 3 Bedrooms | $1,376 | $870 | $506 |
| 4 Bedrooms | $1,633 | $1,074 | $559 |
| Median Income | $67,966 | $39,404 | $28,562 |
Olympia-Lacey-Tumwater
- Studio
- $769/mo
- 1 BR
- $945/mo
- 2 BR
- $1,178/mo
- 3 BR
- $1,376/mo
- 4 BR
- $1,633/mo
- Median Income
- $67,966/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 Olympia-Lacey-Tumwater or Peoria cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $1,178/mo in Olympia-Lacey-Tumwater. That's $442/mo or $5,304/year more expensive in Olympia-Lacey-Tumwater (60% higher).
What is the 2-bedroom rent in Olympia-Lacey-Tumwater vs Peoria?
The HUD Fair Market Rent for a 2-bedroom in Olympia-Lacey-Tumwater is $1,178/month. In Peoria, a 2-bedroom FMR is $736/month.
How do incomes compare between Olympia-Lacey-Tumwater and Peoria?
The median household income in Olympia-Lacey-Tumwater is $67,966/year. In Peoria it is $39,404/year. Olympia-Lacey-Tumwater has the higher median income.
What is the studio rent in Olympia-Lacey-Tumwater vs Peoria?
A studio apartment Fair Market Rent in Olympia-Lacey-Tumwater is $769/mo. In Peoria it is $470/mo.