Rent comparison · HUD FY2026

Peoria, IL MSA vs Bloomington, IL MSA

How do Peoria, IL MSA and Bloomington, IL MSA rents compare? A side-by-side FY 2026 HUD Fair Market Rent breakdown, studio through 4-bedroom.

$818
Peoria, IL MSA (1BR)
$999
Bloomington, IL MSA (1BR)
−18%
1BR difference

Side-by-side FY 2026 HUD Fair Market Rent comparison. Data from U.S. Department of Housing and Urban Development (HUD).

Metro
Peoria, IL MSA
$818/mo 1BR
Population: 368,011
Metro
Bloomington, IL MSA
$999/mo 1BR
Population: 171,284

A 1-bedroom in Peoria, IL MSA is 18% cheaper than Bloomington, IL MSA at the HUD Fair Market Rent level ($818 vs $999). Both figures are the 40th percentile of gross rents (utilities included, telephone excluded) set by HUD for the federal fiscal year 2026. Section 8 Housing Choice Voucher payment standards in each area are set between 90% and 110% of these FMR numbers. Source: HUD Fair Market Rents.

How Do Rents Compare By Bedroom?

Bedrooms Peoria, IL MSA Bloomington, IL MSA Difference
Studio $758 $927 −$169 (-18%)
1 Bedroom $818 $999 −$181 (-18%)
2 Bedroom $1,039 $1,302 −$263 (-20%)
3 Bedroom $1,346 $1,717 −$371 (-22%)
4 Bedroom $1,449 $1,724 −$275 (-16%)

vs US National Average

National average 1BR: $959. Peoria, IL MSA is 15% below the US average. Bloomington, IL MSA is 4% above.

Sources: HUD Fair Market Rents FY 2026. Population and median income from U.S. Census Bureau American Community Survey (ACS).