Cheap Apartments for Rent in Peru, IA from $500 (21 Rentals)

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Williams Terrace
1 to 2 Bedroom Apartments

Williams Terrace

1603 N 9th StIndianola, IA 50125
Showing Results 1-21, Page 1 of 1

Peru, IA Local Guide

Cheapest Available Peru Apartments for Rent and Nearby

 

The cheapest available apartment rental in Peru, IA is a 2 Beds unit found at Williams Terrace in the Easton Park neighborhood priced from $539. Foxwood Apartments in the Easton Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $600. Here is today’s list of the most affordable Peru apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Williams Terrace2 Bedroom2BR,1BA$539
Foxwood ApartmentsB22BR,1BA$600
Sunset Apartments1bd, 1ba1BR,1BA$750
East Park Apartments1/2 Story Down2BR,1BA$750
The Bridges1 Bedroom1BR,1BA$800

Best Value Apartments for Rent in Peru, IA and Nearby

As of September 20, 2025 the best value apartment in the Peru area is the $1.13 price per square foot Platinum Pointe - 4 Bed Model at Platinum Pointe in the starting from $2,700. The second greatest value Peru apartment is the 3 Bed 2.5 Bath Townhome Model at Providence Lane Townhomes starting at $1,680 with a $1.17 price per square foot . Here is today’s list of the best values for Peru apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Platinum PointePlatinum Pointe - 4 Bed4BR,3BA$1.13
Providence Lane Townhomes3 Bed 2.5 Bath Townhome3BR,2.5BA$1.17
Osceola HeightsBerkshire3BR,2BA$1.09
High PointeVail2BR,2BA$1.15
Lincoln Ridge by KadingSign a 13 Month Lease, Get the 13th Month Free!3BR,1BA$1.14
Vesta Village by KadingVilla3BR,1BA$1.10
Sunset Terrace2 Beds, 2 baths2BR,2BA$1.13
Williams Terrace2 Bedroom2BR,1BA$0.66
Foxwood ApartmentsB12BR,1BA$0.97
Sunset Apartments1bd, 1ba1BR,1BA$1.03

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Frequently Asked Questions about Cheap Peru Apartments

How much is rent for a Cheap One Bedroom Peru Apartment?

The lowest price for a Cheap One Bedroom Peru Apartment is $750 at Sunset Apartments.

What is the lowest price for a Cheap Two Bedroom Peru Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Peru is starting from $539 at Williams Terrace.

What is the most affordable Peru Three Bedroom Apartment?

The best deal on a cheap Peru Three Bedroom Apartment rental is at Vesta Village by Kading and starts from $1,110.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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How to Negotiate Your Apartment Lease and Save Money

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The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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For many people, obstacles can arise during the rental application process for a variety of issues.

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