613 Polk St
De SotoIA50069
Cheap Homes for Rent near Peru, IA from $995 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Peru.
204 E Franklin Ave
IndianolaIA50125
1010 Linden St
NorwalkIA50211
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
606 Main St
Van MeterIA50261
21 Leonard Ave
IndianolaIA50125
7425 Wistful Vista Dr
West Des MoinesIA50266
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $1,463 | $1,045 | $1,775 |
| Peru 3 Bedroom Homes for Rent | $1,831 | $995 | $2,195 |
| Peru 4 Bedroom Homes for Rent | $2,504 | $1,625 | $3,795 |
Browse Top Homes for Rent in Peru
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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 1 Bed unit found at Next Level Apartments - Easton Village in the Easton Park neighborhood priced from $695. Foxwood Apartments in the Easton Park neighborhood has the second lowest priced unit, which is a 1 Bed 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 |
|---|---|---|---|
| Next Level Apartments - Easton Village | A1 | 1BR,1BA | $695 |
| Foxwood Apartments | A2 | 1BR,1BA | $701 |
| Indianola Park II Apartments | 1BR Upper | 1BR,1BA | $750 |
Best Value Apartments for Rent in Peru, IA and Nearby
As of August 24, 2026 the best value apartment in the Peru area is the $1.13 price per square foot Platinum Pointe - 4 Bed Model at Platinum Pointe Townhomes in the in the Dallas County neighborhood starting from $2,700. The second greatest value Peru apartment is the 3 Bed 2 Bath Loft 1612 sq ft Model at West Glen Town Center Apartments starting at $1,750 with a $1.09 price per square foot in the Sun Prairie neighborhood. 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 Townhomes | Platinum Pointe - 4 Bed | 4BR,3BA | $1.13 |
| West Glen Town Center Apartments | 3 Bed 2 Bath Loft 1612 sq ft | 3BR,2.5BA | $1.09 |
| High Pointe | Vail | 2BR,2BA | $1.03 |
| Osceola Heights by Kading | Villa | 3BR,1BA | $1.00 |
| Sunset Terrace | 2 bed 2 bath | 2BR,2BA | $1.13 |
| Sunset Apartments | 2bd, 1ba | 2BR,1BA | $0.94 |
| Dennis Park Apartments | B1 | 2BR,1BA | $1.02 |
| Deer Run Apartments | B1 | 2BR,1BA | $1.03 |
| Next Level Apartments - Easton Village | A1 | 1BR,1BA | $1.07 |
| Foxwood Apartments | A1 | 1BR,1BA | $1.12 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Frequently Asked Questions about Peru
What type of rentals are currently available in Peru?
There are currently 49 Apartments for Rent in Peru, IA with pricing that ranges from $545 to $3,200. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peru ranging from $995 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 $995 to $3,795 with an average monthly rent of $1,965.
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 $950 to $3,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,195. Four Bedroom Single-Family rentals are also available starting from $1,625 and Four Bedroom Apartments start at $2,700.
Expert Rental Resources
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.