Peoria vs Virginia Beach-Norfolk-Newport News
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 35% cheaper for renters. A 2-bedroom rents for $736/mo vs $994/mo in Virginia Beach-Norfolk-Newport News — saving $3,096/year.
Rent by Unit Size
| Unit Size | Peoria | Virginia Beach-Norfolk-Newport News | Difference |
|---|---|---|---|
| Studio | $470 | $659 | $189 |
| 1 Bedroom | $596 | $824 | $228 |
| 2 Bedrooms | $736 | $994 | $258 |
| 3 Bedrooms | $870 | $1,234 | $364 |
| 4 Bedrooms | $1,074 | $1,448 | $374 |
| Median Income | $39,404 | $57,948 | $18,544 |
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
Virginia Beach-Norfolk-Newport News
- Studio
- $659/mo
- 1 BR
- $824/mo
- 2 BR
- $994/mo
- 3 BR
- $1,234/mo
- 4 BR
- $1,448/mo
- Median Income
- $57,948/yr
Frequently Asked Questions
Is Peoria or Virginia Beach-Norfolk-Newport News cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $994/mo in Virginia Beach-Norfolk-Newport News. That's $258/mo or $3,096/year more expensive in Virginia Beach-Norfolk-Newport News (35% higher).
What is the 2-bedroom rent in Peoria vs Virginia Beach-Norfolk-Newport News?
The HUD Fair Market Rent for a 2-bedroom in Peoria is $736/month. In Virginia Beach-Norfolk-Newport News, a 2-bedroom FMR is $994/month.
How do incomes compare between Peoria and Virginia Beach-Norfolk-Newport News?
The median household income in Peoria is $39,404/year. In Virginia Beach-Norfolk-Newport News it is $57,948/year. Virginia Beach-Norfolk-Newport News has the higher median income.
What is the studio rent in Peoria vs Virginia Beach-Norfolk-Newport News?
A studio apartment Fair Market Rent in Peoria is $470/mo. In Virginia Beach-Norfolk-Newport News it is $659/mo.