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Average Rent in Peoria, AZ

Avg. RentAnnual Change
Peoria Studio - $1,726-3%
Peoria 1 Bed - $1,460-6%
Peoria 2 Beds - $1,723-4%
Last updated 6/16/2024

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Local Guide

See what Peoria, AZ has to offer.

Local Reviews

I enjoy the amenities at our neighborhood park. I enjoy that we are within walking distance to our neighborhood cafe and pizza place.

Demographics

Education

High School

32%

Associate's

37%

Bachelor's

21%

Master's

8%

Doctorate

1%

Family Size

2 people

43%

3 people

24%

4 people

18%

5 people

10%

6+ people

6%

Household Income

0-50k

32%

50-100k

31%

100-150k

21%

150-200k

8%

200k+

8%

Age

0-10

10%

10-20

12%

20-45

31%

45-65

28%

65+

18%

Affordability

Percentage: 2/52/5

Renters gave this area a 2 out of 5 for affordability

Last updated 6/16/2024

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in Palo Verde, Peoria, AZ

In Peoria, AZ, as of 2024, the average rent for apartments ranges from $1,460 to $1,726. Specifically, the average rent for a studio apartment in Palo Verde, Peoria, AZ is $1,726. For those seeking a 1-bedroom apartments, the average rent is $1,460. And for a 2-bedroom apartment, renters can expect to pay an average of $1,723.

Annual Rent Change Over the Past 12 Months

Studio

-3%

Changed from $1,779 to $1,726
1 Bed

-6%

Changed from $1,553 to $1,460
2 Beds

-4%

Changed from $1,795 to $1,723
Last updated 6/16/2024

Cost of Living

Compared to State Average

5.4%

Compared to National Average

9.2%

The cost of living in Palo Verde, Peoria, AZ is 5.4% higher than the state average and 9.2% higher than the national average. Palo Verde, Peoria, AZ housing is 27.9% more expensive than the U.S average, while utilities are about 1.5% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 2.9% more in Palo Verde, Peoria, AZ than in the rest of the country.

Healthcare services such as doctor check-ups and dentistry cost 2.7% less here compared to the U.S. average.
Cost of Living in Palo Verde, Peoria, AZCompared to State AverageCompared to National Average
Housing
12%
27.9%
Utilities
1.1%
1.5%
Food
0.6%
2.9%
Transportation
13.3%
19.5%
Healthcare
3.3%
2.7%

Compare Other Cities

CityStudio Avg RentAnnual Change
Scottsdale$1,889+11%
Buckeye$1,837--
Peoria$1,726-3%
Chandler$1,548+36%
Surprise$1,517--
Gilbert$1,479-5%
Goodyear$1,320+4%
Maricopa$1,319--
Tempe$1,247-4%
Mesa$1,112+6%
Phoenix$1,104-2%
El Mirage$1,095--
Avondale$1,049-31%
Glendale$962-1%
City1 Bed Avg RentAnnual Change
Paradise Valley$2,050-7%
Scottsdale$1,935-3%
Tolleson$1,769+6%
Chandler$1,688+9%
Queen Creek$1,660-1%
Buckeye$1,655+84%
Goodyear$1,595+10%
Laveen$1,595--
Surprise$1,566+1%
Gilbert$1,560-11%
San Tan Valley$1,550--
Sun City$1,500-25%
Avondale$1,469-1%
Peoria$1,460-6%
Maricopa$1,459+39%
Tempe$1,347-4%
Litchfield Park$1,339-8%
Glendale$1,314+1%
Mesa$1,312-1%
Phoenix$1,299-1%
El Mirage$1,295-4%
Apache Junction$1,295--
City2 Beds Avg RentAnnual Change
Scottsdale$2,247-18%
Tolleson$2,177+12%
Fountain Hills$2,100--
Chandler$2,084+6%
Gilbert$1,929-5%
Queen Creek$1,920-5%
Laveen$1,912--
Buckeye$1,880--
Goodyear$1,867+15%
Paradise Valley$1,850-20%
Surprise$1,816+3%
Avondale$1,774+4%
Peoria$1,723-4%
Sun City$1,700--
Litchfield Park$1,699-8%
Maricopa$1,675+28%
Tempe$1,6390%
Mesa$1,587-2%
Phoenix$1,574-3%
Glendale$1,562-2%
El Mirage$1,5500%
Apache Junction$1,299-10%

Compare Neighborhoods

Ironwood

$1,200

1 Bed Avg. Rent

Fletcher Heights

$1,415

1 Bed Avg. Rent

Willow

$1,445

1 Bed Avg. Rent

What are the most affordable neighborhoods in Peoria, AZ?

For renters in Peoria seeking more affordable options, the neighborhoods to watch are Ironwood, Fletcher Heights, and Willow, where average rents for 1-bedroom apartments stand at $1,200, $1,415, and $1,445 respectively. Additional areas offering value are Country Meadows and Palo Verde, where the rents are $1,445 and $1,483, a favorable comparison to Peoria's overall 1-bedroom average of $1,460.

What are the most expensive neighborhoods in Peoria, AZ?

In Peoria, the neighborhoods commanding the highest rents are Mesquite, Acacia, and Pine. A 1-bedroom apartment in Mesquite averages at $1,708, in Acacia it averages $1,650, and in Pine, the average is $1,532. For additional high-end living options, Palo Verde offers 1-bedroom apartments at $1,483, and Willow at $1,445. These rates compare to the overall average rent of $1,460 for a 1-bedroom apartment in Peoria, highlighting the premium nature of these specific neighborhoods.

What are the most popular neighborhoods in Peoria, AZ?

In Peoria, the most sought-after neighborhoods for renters include Acacia, Palo Verde, and Pine. In Acacia, the average rent for a 1-bedroom apartment is $1,650. Palo Verde sees average rents of $1,483 for a 1-bedroom unit. Pine offers similar appeal with 1-bedroom apartments averaging $1,532. For those seeking other popular areas, Country Meadows presents 1-bedroom apartments at $1,445, and Ironwood at $1,200. These prices are set against the backdrop of the city-wide average of $1,460 for a 1-bedroom apartment in Peoria, underscoring the popularity of these particular neighborhoods.

NeighborhoodStudio Avg RentAnnual Change
Palo Verde$1,649-4%
Pine$1,466-3%
Neighborhood1 Bed Avg RentAnnual Change
Mesquite$1,7080%
Acacia$1,650-4%
Pine$1,532-4%
Palo Verde$1,483-5%
Willow$1,445-9%
Country Meadows$1,445--
Fletcher Heights$1,415-6%
Ironwood$1,200-11%
Neighborhood2 Beds Avg RentAnnual Change
Mesquite$2,195+1%
Acacia$2,049-3%
Pine$1,723-5%
Palo Verde$1,707-4%
Country Meadows$1,695--
Willow$1,690-6%
Fletcher Heights$1,690-6%
Ironwood$1,375-8%

Transportation

Commute Time

0-15 Mins

24%

15-30 Mins

36%

30-40 Mins

18%

40-60 Mins

15%

60+ Mins

7%

Area Amenities

Top Score

Grocery Stores

2.5/5 stars based on undefined reviews

Not bad on the supermarket score. Palo Verde Peoria gets an average rating.

  1. A high number of grocery stores per resident
  2. 96% more grocery stores than average
  3. 58% more grocery stores than areas of a similar size

Coffee

2.5/5 stars based on undefined reviews

Not too cold, not too hot. An average town for coffee.

  1. Few coffee shops per resident
  2. 90% more coffee shops than average
  3. 52% more coffee shops than areas of a similar size

Health and Fitness

2.5/5 stars based on undefined reviews

Cardio is hale and hardy in Palo Verde Peoria.

  1. A high number of gyms per resident
  2. 94% more gyms than average
  3. 60% more gyms than areas of a similar size

Pet Services

2.5/5 stars based on undefined reviews

Who's an ok boy? Palo Verde Peoria doesn't deserve many treats.

  1. Few pet facilities per resident
  2. 88% more pet facilities than average
  3. A standard number of pet facilities compared to areas of a similar size

Amusement Parks

2.5/5 stars based on undefined reviews

Not exactly a Tilt-a-Whirl, but there's fun to be had.

  1. A high number of amusement parks per resident
  2. 95% more amusement parks than average
  3. 67% more amusement parks than areas of a similar size

Hospitals

2.5/5 stars based on undefined reviews

Palo Verde Peoria gets the all clear for hospitals.

  1. Few hospitals per resident
  2. 93% more hospitals than average
  3. 20% more hospitals than areas of a similar size

Medical Care

2.5/5 stars based on undefined reviews

Healthcare in Palo Verde Peoria doesn't tip the scales.

  1. Few medical facilities per resident
  2. 89% more medical facilities than average
  3. 22% more medical facilities than areas of a similar size

Gas Stations

2.5/5 stars based on undefined reviews

The road is less traveled for filling the tank up in Palo Verde Peoria.

  1. Few gas stations per resident
  2. 85% more gas stations than average
  3. 15% fewer gas stations than areas of a similar size

Restaurants

2/5 stars based on undefined reviews

Palo Verde Peoria serves up a dining scene that's only lukewarm.

  1. Few restaurants per resident
  2. 73% more restaurants than average
  3. 45% fewer restaurants than areas of a similar size

Nightlife

2/5 stars based on undefined reviews

You'll need to stock up the mini-bar. Palo Verde Peoria is running dry.

  1. Few bars and clubs per resident
  2. An average number of bars and clubs
  3. A standard number of bars and clubs compared to areas of a similar size

Parks

2/5 stars based on undefined reviews

Not too many park perks in Palo Verde Peoria.

  1. Few parks per resident
  2. 80% more parks than average
  3. 13% fewer parks than areas of a similar size

Childcare

2/5 stars based on undefined reviews

Palo Verde Peoria is low on childcare options so get on the waiting list early.

  1. Few daycares per resident
  2. 73% more daycares than average
  3. 98% fewer daycares than areas of a similar size

Retail Shops

2/5 stars based on undefined reviews

The retail inventory is low in Palo Verde Peoria.

  1. Few shops per resident
  2. An average number of shops
  3. A standard number of shops compared to areas of a similar size

Theaters

2/5 stars based on undefined reviews

Hiding in the dressing room? Palo Verde Peoria has a quiet theater scene.

  1. Few theaters per resident
  2. An average number of theaters
  3. A standard number of theaters compared to areas of a similar size

Fine Arts

2/5 stars based on undefined reviews

You gotta Van Gogh somewhere else for art.

  1. Few fine art centers per resident
  2. An average number of fine art centers
  3. A standard number of fine art centers compared to areas of a similar size

Schools

Percentage: 1/51/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in Palo Verde Peoria

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

Find Houses in Nearby Cities

City1 Bed Price2 Beds Price
Phoenix, AZ 14 miles$1,299$1,574
Peoria, AZ 2 miles$1,460$1,723
Glendale, AZ 5.2 miles$1,314$1,562
Surprise, AZ 6.5 miles$1,566$1,816
Sun City, AZ 2.8 miles$1,500$1,700
Scottsdale, AZ 19.9 miles$1,935$2,247
Mesa, AZ 26.4 miles$1,312$1,587
Goodyear, AZ 14.2 miles$1,595$1,867
Tempe, AZ 22.5 miles$1,347$1,639
Avondale, AZ 13.9 miles$1,469$1,774

Find Houses in Nearby Neighborhoods

Neighborhood1 Bed Price2 Beds Price
Palo Verde$1,483$1,707
Thunderbird Quail Run 1.5 miles------