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Peoria, AZ
Full City Profile · Arizona · Maricopa County County
3.4
/5.0
B
Good
194,338
Population
1,100/sq mi density
$93,403
Median Income
$45,831 per capita
$429,400
Home Value
$485,361 Zillow
$1,743
Median Rent
33.6% income on rent
73°F
Avg Temperature
350 sunny days/yr
233
Violent Crime/100K
1,875 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$93,403 median income, 2.1% unemployment
A
Affordability
4.1 / 5.0
$429,400 home value, $1,743/mo rent
F
Safety
1.0 / 5.0
233 violent crimes/100K
B+
Education
3.8 / 5.0
35.5% bachelor's degree or higher
Housing Overview
Median Home Value
$429,400
52% above
US avg: $281,900
Median Rent
$1,743/mo
50% above
US avg: $1,163/mo
Homeownership Rate
75.5%
15% above US avg (65.4%)
Total Housing Units
77,176
Median year built: 1998
Home Value by Source
Census Median
$429,400
Zillow (ZHVI)
$485,361
Median Sale Price
$504,000
Median List Price
$545,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.5%
Owner-Occupied
24.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,053/mo
1 Bedroom
$1,151/mo
2 Bedroom
$1,419/mo
3 Bedroom
$1,889/mo
4 Bedroom
$2,158/mo
Census median rent:
$1,743/mo
· Zillow rent:
$1,821/mo
Market Indicators (Redfin)
Median Days on Market
71 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
214
Price Drops
31.5%
of listings with price reduction
Price Per Sq Ft
$251
Active Inventory
903
homes for sale
Affordability & Housing Stock
Rent Burden
33.6%
of renters spending 30%+ of income on housing
8% above US avg (31.0%)
Median Year Built
1998
Average age of housing stock: 28 years
Homeownership Rate
75.5%
Complete Housing Data
Home Values
| Census Median Value | $429,400 |
| Zillow Home Value (ZHVI) | $485,361 |
| Median Sale Price | $504,000 |
| Median List Price | $545,000 |
| Price Per Sq Ft | $251 |
Rent
| Census Median Rent | $1,743 |
| Zillow Rent (ZORI) | $1,821 |
| FMR Studio | $1,053 |
| FMR 1-Bedroom | $1,151 |
| FMR 2-Bedroom | $1,419 |
| FMR 3-Bedroom | $1,889 |
| FMR 4-Bedroom | $2,158 |
Market
| Days on Market | 71 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 31.5% |
| Homes Sold | 214 |
| Active Inventory | 903 |
| Price Per Sq Ft | $251 |
Ownership & Stock
| Owner-Occupied | 75.5% |
| Renter-Occupied | 24.5% |
| Homeownership Rate | 75.5% |
| Total Housing Units | 77,176 |
| Median Year Built | 1998 |
| Rent Burden | 33.6% |