Peoria vs Raleigh-Cary
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 49% cheaper for renters. A 2-bedroom rents for $736/mo vs $1,097/mo in Raleigh-Cary — saving $4,332/year.
Rent by Unit Size
| Unit Size | Peoria | Raleigh-Cary | Difference |
|---|---|---|---|
| Studio | $470 | $760 | $290 |
| 1 Bedroom | $596 | $928 | $332 |
| 2 Bedrooms | $736 | $1,097 | $361 |
| 3 Bedrooms | $870 | $1,435 | $565 |
| 4 Bedrooms | $1,074 | $1,556 | $482 |
| Median Income | $39,404 | $70,678 | $31,274 |
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
Raleigh-Cary
- Studio
- $760/mo
- 1 BR
- $928/mo
- 2 BR
- $1,097/mo
- 3 BR
- $1,435/mo
- 4 BR
- $1,556/mo
- Median Income
- $70,678/yr
Frequently Asked Questions
Is Peoria or Raleigh-Cary cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $1,097/mo in Raleigh-Cary. That's $361/mo or $4,332/year more expensive in Raleigh-Cary (49% higher).
What is the 2-bedroom rent in Peoria vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in Peoria is $736/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between Peoria and Raleigh-Cary?
The median household income in Peoria is $39,404/year. In Raleigh-Cary it is $70,678/year. Raleigh-Cary has the higher median income.
What is the studio rent in Peoria vs Raleigh-Cary?
A studio apartment Fair Market Rent in Peoria is $470/mo. In Raleigh-Cary it is $760/mo.