
Cheap Homes for Rent in Peru, IA from $1,000 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Peru.


112 E Salem Ave

1210 N 9th St

7106 SW 16th St

8601 Westown Pkwy

1201 Bundy St

7300 SW 15th St

1030 68th St
Peru, IA Local Guide

How much does it cost to rent a home in Peru?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Peru 2 Bedroom Homes for Rent | $1,424 | $1,075 | $1,900 |
Peru 3 Bedroom Homes for Rent | $1,969 | $1,110 | $2,295 |
Peru 4 Bedroom Homes for Rent | $2,485 | $1,495 | $3,795 |
Peru 5 Bedroom Homes for Rent | $2,595 | $2,595 | $2,595 |
Browse Top Homes for Rent in Peru
Explore Peru
Peru, IA Local Guide
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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 Foxwood Apartments in the Easton Park neighborhood priced from $600. Next Level Apartments - Deer Run in the Easton Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $701. Here is today’s list of the most affordable Peru apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Foxwood Apartments | B2 | 2BR,1BA | $600 |
Next Level Apartments - Deer Run | B1 | 2BR,1BA | $701 |
East Park Apartments | 1/2 Story Down | 2BR,1BA | $750 |
Best Value Apartments for Rent in Peru, IA and Nearby
As of August 04, 2025 the best value apartment in the Peru area is the $1.04 price per square foot Platinum Pointe - 3 Bed Model at Platinum Pointe in the starting from $2,500. 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 - 3 Bed | 3BR,3BA | $1.04 |
Providence Lane Townhomes | 3 Bed 2.5 Bath Townhome | 3BR,2.5BA | $1.17 |
Lift at Jordan Creek | Magnify | 3BR,2BA | $1.18 |
Lincoln Ridge by Kading | Sign a 13 Month Lease, Get the 13th Month Free! | 3BR,1BA | $1.14 |
Sunset Terrace | 2 Beds, 2 baths | 2BR,2BA | $1.13 |
Linden East Apartments | Two Bed | 2BR,1BA | $1.00 |
Sunset Apartments | 2bd, 1ba | 2BR,1BA | $0.96 |
Fish Creek | B1 - Deluxe | 2BR,1BA | $1.21 |
Next Level Apartments - Deer Run | B1 | 2BR,1BA | $0.88 |
Foxwood Apartments | A2 | 1BR,1BA | $1.19 |
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Frequently Asked Questions about Peru
What type of rentals are currently available in Peru?
There are currently 38 Apartments for Rent in Peru, IA with pricing that ranges from $545 to $3,331. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peru ranging from $1,075 to $3,795.
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 $1,075 to $3,795 with an average monthly rent of $1,928.
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 $1,100 to $3,331, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,110 to $2,295. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $2,500.
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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.