Peoria, AZ Relocation Guide (2026)
Cost of living, housing, and income data for Peoria, sourced from the US Census Bureau.
Salary needed to live in Peoria →
Source: US Census Bureau ACS 5-Year (2022). Last updated July 2026.
Population in Peoria, Arizona runs approximately 191,292. Median household income sits at $86,759, landing above the benchmark median we track across cities (+20%).
For renters and buyers alike, Peoria offers a median home value of $383,600 (above the tracked median, +17%) and median rent of $1,638 monthly. Local property taxes and current mortgage rates will shape the real cost of buying.
Home prices in Peoria run about 4.4× median household income — a middle-of-the-road ratio, neither a bargain nor a stretch by our tracked standards. The local housing market has held steady, with prices up only 0.65% over the past year. FEMA classifies Peoria's hazard risk as Very High. That elevated rating is a major driver of home insurance premiums in the area.
Personal Affordability Check
Renting at $1,638/mo in Peoria would take 22.7% of your income.
$531/mo under the 30% guideline.
Buying the median home ($383,600) would take 28.3% of your income toward principal & interest.
$23/mo over the 28% guideline.
Cost of housing in Peoria
Median home value is $383,600 and median gross rent is $1,638/month. For buyers, monthly costs depend heavily on current mortgage rates — worth checking before you commit.
FHFA's county-level home price index for Maricopa rose 0.65% over the past year (as of 2025).
HUD's FY 2026 Fair Market Rent for a 2-bedroom unit in the surrounding county is $1,839/month.
Climate & home insurance
FEMA rates Peoria's overall natural-hazard risk as Very High. Risk level is a major driver of home insurance premiums.
Safety
Peoria reported a violent crime rate of 252.5 per 100,000 residents in 2025, per FBI data.
Moving to Peoria
Planning a move to Peoria? Compare licensed movers and get quotes based on your origin and move date.
Frequently asked questions
- What is the cost of living in Peoria, AZ?
- In Peoria, the median home value is $383,600 and median rent is $1,638 per month, against a median household income of $86,759. These figures come from the US Census Bureau ACS 5-Year (2022).
- How much do you need to earn to live comfortably in Peoria?
- Comfortably affording rent in Peoria — where the median runs $1,638/month — typically means earning about $65,520 a year, per the standard 30%-of-income benchmark. See the full salary breakdown (renting and buying) for Peoria.
- Is it better to rent or buy in Peoria?
- In Peoria, comfortably renting the median unit ($1,638/month) takes about $65,520 in annual income, while buying the median home ($383,600) takes roughly $87,766 a year in principal and interest alone (assumes 20% down, a 30-year fixed loan, and current mortgage rates).
- Is Peoria safe?
- In 2025, Peoria reported 252.5 violent crimes per 100,000 residents, according to FBI data.
See the full salary breakdown for Peoria →
Cities with a similar cost of living
Matched on median rent and household income within 15% of Peoria's.