Cheap Homes for Rent in Peru, IA from $1,000 (8 Rentals)

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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 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 ListingModel NameBed/BathPriced From
Foxwood ApartmentsB22BR,1BA$600
Next Level Apartments - Deer RunB12BR,1BA$701
East Park Apartments1/2 Story Down2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Platinum PointePlatinum Pointe - 3 Bed3BR,3BA$1.04
Providence Lane Townhomes3 Bed 2.5 Bath Townhome3BR,2.5BA$1.17
Lift at Jordan CreekMagnify3BR,2BA$1.18
Lincoln Ridge by KadingSign a 13 Month Lease, Get the 13th Month Free!3BR,1BA$1.14
Sunset Terrace2 Beds, 2 baths2BR,2BA$1.13
Linden East ApartmentsTwo Bed2BR,1BA$1.00
Sunset Apartments2bd, 1ba2BR,1BA$0.96
Fish CreekB1 - Deluxe2BR,1BA$1.21
Next Level Apartments - Deer RunB12BR,1BA$0.88
Foxwood ApartmentsA21BR,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.

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