405 Grant St
Van MeterIA50261
Cheap Homes for Rent in Peru, IA from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Peru.
1212 West St
Des MoinesIA50315
1210 N 9th St
IndianolaIA50125
1335 SE Florence Dr
WaukeeIA50263
300 E May St
OsceolaIA50213
4446 Park Lawn Dr
Des MoinesIA50321
209 W Jefferson St
WintersetIA50273
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Peru, IA Local Guide
Wind turbine in the fields by Don Graham is licensed under CC BY 2.0
How much does it cost to rent a home in Peru?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peru 2 Bedroom Homes for Rent | $1,405 | $1,075 | $1,650 |
| Peru 3 Bedroom Homes for Rent | $1,901 | $1,250 | $2,250 |
| Peru 4 Bedroom Homes for Rent | $2,311 | $1,895 | $2,650 |
| Peru 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Top Homes for Rent in Peru
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Peru, IA Local Guide
- Nearby Cities
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Williams Terrace | 2 Bedroom | 2BR,1BA | $539 |
| Foxwood Apartments | B2 | 2BR,1BA | $600 |
| Sunset Apartments | 1bd, 1ba | 1BR,1BA | $750 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Platinum Pointe | Platinum Pointe - 4 Bed | 4BR,3BA | $1.13 |
| Providence Lane Townhomes | 3 Bed 2.5 Bath Townhome | 3BR,2.5BA | $1.17 |
| Osceola Heights | Berkshire | 3BR,2BA | $1.09 |
| High Pointe | Vail | 2BR,2BA | $1.15 |
| Lincoln Ridge by Kading | Sign a 13 Month Lease, Get the 13th Month Free! | 3BR,1BA | $1.14 |
| Vesta Village by Kading | Villa | 3BR,1BA | $1.10 |
| Sunset Terrace | 2 Beds, 2 baths | 2BR,2BA | $1.13 |
| Williams Terrace | 2 Bedroom | 2BR,1BA | $0.66 |
| Foxwood Apartments | B1 | 2BR,1BA | $0.97 |
| Sunset Apartments | 1bd, 1ba | 1BR,1BA | $1.03 |
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See the most popular apartments and homes in Peru, IA
Frequently Asked Questions about Peru
What type of rentals are currently available in Peru?
There are currently 39 Apartments for Rent in Peru, IA with pricing that ranges from $545 to $2,944. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peru ranging from $750 to $3,500.
What is the current price range for Rental Homes in Peru?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Peru ranges from $750 to $3,500 with an average monthly rent of $1,973.
How much are larger Three and Four Bedroom Rentals in Peru?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Peru range from $1,030 to $2,944, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,250. Four Bedroom Single-Family rentals are also available starting from $1,895 and Four Bedroom Apartments start at $2,700.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.