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162 2 Bedroom Apartments for rent in Peoria, AZ

Last updated November 15 at 1:50pm UTC
Sky at P83 Apartments
14300 N 83rd Ave
Peoria, AZ
Updated November 15 at 1:21pm UTC
2 Bedrooms
$1,160
Napa Place
11600 N 75th Ave
Peoria, AZ
Updated August 8 at 4:24pm UTC
2 Bedrooms
$900
8131 N 107th Ave 58
Country Meadows
Peoria, AZ
Updated November 15 at 11:51am UTC
2 Bedrooms
$900
19027 N 83rd Ln
Westbrook Village
Peoria, AZ
Updated November 15 at 8:47am UTC
2 Bedrooms
$1,500
8131 N 107th Ave Unit 90
Country Meadows
Peoria, AZ
Updated November 15 at 8:47am UTC
2 Bedrooms
$895
9525 W Mountain View Rd Apt A
Sun Air Estates
Peoria, AZ
Updated November 14 at 8:41am UTC
2 Bedrooms
$850
9114 W TOPEKA Drive
Westbrook Village
Peoria, AZ
Updated November 14 at 5:46am UTC
2 Bedrooms
$2,650
9151 W GREENWAY Road
Peoria
Peoria, AZ
Updated November 14 at 2:02am UTC
2 Bedrooms
$2,200
30688 N 138th Ave
Peoria
Peoria, AZ
Updated November 13 at 8:38am UTC
2 Bedrooms
$1,775
19856 N 98TH Lane
Westbrook Village
Peoria, AZ
Updated November 12 at 1:21am UTC
2 Bedrooms
$1,495
27937 N 130TH Avenue
Trilogy at Vistancia
Peoria, AZ
Updated November 5 at 2:27pm UTC
2 Bedrooms
$2,500
12642 W Pinnacle Vista Drive
Trilogy at Vistancia
Peoria, AZ
Updated November 5 at 2:26pm UTC
2 Bedrooms
$2,700
9032 W. Las Palmaritas Dr.
Country Meadows
Peoria, AZ
Updated November 15 at 11:58am UTC
2 Bedrooms
$1,195
7106 W. Hearn Rd.
Peoria
Peoria, AZ
Updated November 15 at 11:55am UTC
2 Bedrooms
$1,875
10101 N 91ST Avenue
Peoria
Peoria, AZ
Updated November 9 at 5:39am UTC
2 Bedrooms
$1,100

November 2018 Peoria Rent Report

Welcome to the November 2018 Peoria Rent Report. Peoria rents increased over the past month. In this report, we'll evaluate trends in the Peoria rental market, including comparisons to cities throughout the metro, state, and nation.

View full Peoria Rent Report
Rent Report
Peoria

November 2018 Peoria Rent Report

Welcome to the November 2018 Peoria Rent Report. Peoria rents increased over the past month. In this report, we'll evaluate trends in the Peoria rental market, including comparisons to cities throughout the metro, state, and nation.

Peoria rents increased slightly over the past month

Peoria rents have increased 0.2% over the past month, and have increased significantly by 5.2% in comparison to the same time last year. Currently, median rents in Peoria stand at $1,130 for a one-bedroom apartment and $1,410 for a two-bedroom. This is the eleventh straight month that the city has seen rent increases after a decline in November of last year. Peoria's year-over-year rent growth leads the state average of 2.6%, as well as the national average of 1.1%.

Rents rising across the Phoenix Metro

Throughout the past year, rent increases have been occurring not just in the city of Peoria, but across the entire metro. Of the largest 10 cities that we have data for in the Phoenix metro, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Gilbert has the most expensive rents in the Phoenix metro, with a two-bedroom median of $1,440; the city has also seen rent growth of 1.6% over the past month, the fastest in the metro.
  • Over the past month, Surprise has seen the biggest rent drop in the metro, with a decline of 1.0%. Median two-bedrooms there cost $1,350, while one-bedrooms go for $1,080.
  • Phoenix proper has the least expensive rents in the Phoenix metro, with a two-bedroom median of $1,050; rents were up 0.3% over the past month and 3.0% over the past year.

Many large cities nationwide show more affordable rents compared to Peoria

As rents have increased significantly in Peoria, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Peoria is less affordable for renters.

  • Rents increased slightly in other cities across the state, with Arizona as a whole logging rent growth of 2.6% over the past year. For example, rents have grown by 1.2% in Tucson.
  • Peoria's median two-bedroom rent of $1,410 is above the national average of $1,180. Nationwide, rents have grown by 1.1% over the past year compared to the 5.2% increase in Peoria.
  • While Peoria's rents rose significantly over the past year, the city of Seattle saw a decrease of 1.3%.
  • Renters will generally find more expensive prices in Peoria than most large cities. For example, Albuquerque has a median 2BR rent of $870, where Peoria is more than one-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Phoenix $850 $1,050 0.3% 3.0%
Mesa $870 $1,080 0.3% 3.0%
Chandler $1,100 $1,370 1.0% 4.8%
Glendale $910 $1,130 0.2% 3.3%
Scottsdale $1,050 $1,310 0.6% 3.2%
Gilbert $1,160 $1,440 1.6% 4.2%
Tempe $930 $1,160 -0.1% 3.5%
Peoria $1,130 $1,410 0.2% 5.2%
Surprise $1,080 $1,350 -1.0% 0.1%
Avondale $980 $1,230 0.4% 2.2%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.