Peoria, AZ · Phoenix metro

September 2026

85381,85382,85383

Long-term Rental Rates

Long-term rental rates for Peoria (85381,85382,85383), in the Phoenix metro area, as of September 2026.

Apartment

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,296 – $1,404 1.78% -4.13%
2-Bedroom $1,529 – $1,690 -1.07% -5.31%
3-Bedroom $1,861 – $2,057 -8.27% -15.20%
4-Bedroom $2,970 – $3,198 -1.37% -4.86%

Condo/Townhome

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,434 – $1,478 0.08% -2.52%
2-Bedroom $1,723 – $1,812 2.06% 0.86%
3-Bedroom $2,018 – $2,151 1.82% -4.63%
4-Bedroom $2,986 – $3,170 1.34% -1.69%

Single-Family

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,811 – $1,930 0.89% 5.77%
2-Bedroom $2,043 – $2,147 0.14% -1.45%
3-Bedroom $2,092 – $2,312 1.94% 2.11%
4-Bedroom $2,488 – $2,777 1.67% 4.17%
Data updated: October 19, 2026
Peoria Rental Trends · Phoenix metro

In the Peoria (85381, 85382, 85383) rental market, 1-bedroom apartments now average $1,326, declining 1.59% month over month and 6.05% year over year. By contrast, 1-bedroom single-family homes command $1,856, with a 0.87% monthly increase and 5.72% annual growth, underscoring a sizable premium for detached inventory in this size class.

Among 2-bedroom units, condos and townhomes reach $1,742, rising 1.15% month over month and dipping just 0.09% year over year, while apartments sit at $1,641 with 1.37% monthly growth but a 1.80% annual decline. Across Peoria (85381, 85382, 85383), 2-bedroom single-family homes are priced higher at $2,083, though they fell 0.41% on the month.

For 3-bedroom product, Peoria (85381, 85382, 85383) rental trends show single-family homes at $2,163, down 2.90% month over month and 0.99% year over year, compared with condos and townhomes at $2,042, off 3.61% on the month and 5.43% annually. Additionally, 4-bedroom single-family homes at $2,586 dipped 0.94% monthly and 0.22% year over year, signaling modest downward pressure at the larger end.

12-Month Median Rent Trend

Apartment

Month 1 BR 2 BR 3 BR 4 BR
September 2026 $1,350 $1,609 $1,959 $3,084
August 2026 $1,326 $1,641 $2,140 $3,131
July 2026 $1,344 $1,617 $2,156 $3,103
June 2026 $1,354 $1,578 $2,158 $3,078
May 2026 $1,317 $1,480 $2,140 $3,059
April 2026 $1,306 $1,523 $2,051 $3,088
March 2026 $1,345 $1,601 $2,135 $3,094
February 2026 $1,372 $1,580 $2,133 $3,088
January 2026 $1,373 $1,607 $2,148 $3,146
December 2025 $1,425 $1,691 $2,215 $3,236
November 2025 $1,416 $1,673 $2,229 $3,257
October 2025 $1,418 $1,698 $2,280 $3,242

Condo / Townhome

Month 1 BR 2 BR 3 BR 4 BR
September 2026 $1,456 $1,768 $2,084 $3,078
August 2026 $1,453 $1,742 $2,042 $3,055
July 2026 $1,446 $1,717 $2,100 $3,042
June 2026 $1,441 $1,683 $2,024 $2,847
May 2026 $1,442 $1,724 $2,053 $2,690
April 2026 $1,438 $1,719 $2,056 $2,972
March 2026 $1,441 $1,682 $2,104 $2,980
February 2026 $1,447 $1,710 $2,097 $2,950
January 2026 $1,468 $1,703 $2,103 $2,995
December 2025 $1,470 $1,720 $2,132 $3,070
November 2025 $1,465 $1,741 $2,116 $3,092
October 2025 $1,485 $1,747 $2,137 $3,096

Single-Family

Month 1 BR 2 BR 3 BR 4 BR
September 2026 $1,871 $2,095 $2,202 $2,633
August 2026 $1,856 $2,083 $2,163 $2,586
July 2026 $1,840 $2,102 $2,227 $2,564
June 2026 $1,802 $2,149 $2,262 $2,503
May 2026 $1,782 $2,142 $2,258 $2,521
April 2026 $1,704 $2,041 $2,224 $2,553
March 2026 $1,770 $2,076 $2,160 $2,431
February 2026 $1,780 $2,084 $2,144 $2,430
January 2026 $1,789 $2,063 $2,150 $2,514
December 2025 $1,797 $2,088 $2,130 $2,493
November 2025 $1,790 $2,109 $2,121 $2,507
October 2025 $1,787 $2,147 $2,163 $2,523

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