Peoria, Arizona is a part of the Peoria/Sun City/Surprise Submarket submarket area, and contains 6 zip codes: 85382, 85345, 85380, 85385, 85383, and 85381.
The 2019 average effective rent for Class A, B, and C apartments in the Peoria, AZ submarket area was $1,085, which is 25.72% higher than 2014 average rent. This represents a compounded annual growth rate of 4.68%. 2019 vacancy in Peoria, AZ was 4.60%.
The total population of the city of Peoria, AZ has grown 11.81% since 2010. As of 2018, the population was 172,259. The median household income of the Peoria was $73,039, which is 21.14% higher than the national average.