Peoria vs Syracuse
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 11% cheaper for renters. A 2-bedroom rents for $736/mo vs $820/mo in Syracuse — saving $1,008/year.
Rent by Unit Size
| Unit Size | Peoria | Syracuse | Difference |
|---|---|---|---|
| Studio | $470 | $546 | $76 |
| 1 Bedroom | $596 | $686 | $90 |
| 2 Bedrooms | $736 | $820 | $84 |
| 3 Bedrooms | $870 | $1,051 | $181 |
| 4 Bedrooms | $1,074 | $1,207 | $133 |
| Median Income | $39,404 | $42,142 | $2,738 |
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
Syracuse
- Studio
- $546/mo
- 1 BR
- $686/mo
- 2 BR
- $820/mo
- 3 BR
- $1,051/mo
- 4 BR
- $1,207/mo
- Median Income
- $42,142/yr
Frequently Asked Questions
Is Peoria or Syracuse cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $820/mo in Syracuse. That's $84/mo or $1,008/year more expensive in Syracuse (11% higher).
What is the 2-bedroom rent in Peoria vs Syracuse?
The HUD Fair Market Rent for a 2-bedroom in Peoria is $736/month. In Syracuse, a 2-bedroom FMR is $820/month.
How do incomes compare between Peoria and Syracuse?
The median household income in Peoria is $39,404/year. In Syracuse it is $42,142/year. Syracuse has the higher median income.
What is the studio rent in Peoria vs Syracuse?
A studio apartment Fair Market Rent in Peoria is $470/mo. In Syracuse it is $546/mo.