Peoria vs Racine
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 8% cheaper for renters. A 2-bedroom rents for $736/mo vs $794/mo in Racine — saving $696/year.
Rent by Unit Size
| Unit Size | Peoria | Racine | Difference |
|---|---|---|---|
| Studio | $470 | $508 | $38 |
| 1 Bedroom | $596 | $641 | $45 |
| 2 Bedrooms | $736 | $794 | $58 |
| 3 Bedrooms | $870 | $1,002 | $132 |
| 4 Bedrooms | $1,074 | $1,141 | $67 |
| Median Income | $39,404 | $42,267 | $2,863 |
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
Racine
- Studio
- $508/mo
- 1 BR
- $641/mo
- 2 BR
- $794/mo
- 3 BR
- $1,002/mo
- 4 BR
- $1,141/mo
- Median Income
- $42,267/yr
Frequently Asked Questions
Is Peoria or Racine cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $794/mo in Racine. That's $58/mo or $696/year more expensive in Racine (8% higher).
What is the 2-bedroom rent in Peoria vs Racine?
The HUD Fair Market Rent for a 2-bedroom in Peoria is $736/month. In Racine, a 2-bedroom FMR is $794/month.
How do incomes compare between Peoria and Racine?
The median household income in Peoria is $39,404/year. In Racine it is $42,267/year. Racine has the higher median income.
What is the studio rent in Peoria vs Racine?
A studio apartment Fair Market Rent in Peoria is $470/mo. In Racine it is $508/mo.