220 7th St
StreatorIL61364
Cheap Homes for Rent near Peru, IL from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Peru.
1016 N Maple St
PrincetonIL61356
214 S Bloomington St
StreatorIL61364
9 N Randolph St
PrincetonIL61356
407 6th St
MendotaIL61342
118 E Canal St
North UticaIL61373
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.
826 N Spalding St
Spring ValleyIL61362
407 E Seminole St
DwightIL60420
611 W Matthews St
ChillicotheIL61523
441 E Marion St, Unit 2E
441 E Marion St
PrincetonIL61356
437 E Marion St, Unit 2E
437 E Marion St
PrincetonIL61356
301 Richards St
OglesbyIL61348
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301 N 1st St
PrincetonIL61356
Showing Results 1-13, Page 1 of 1
Peru, IL Local Guide
Downtown Peru by David Wilson 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 | $1,354 | $900 | $2,350 |
| Peru 3 Bedroom Homes for Rent | $2,580 | $1,025 | $4,000 |
| Peru 4 Bedroom Homes for Rent | $1,562 | $1,500 | $1,625 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Peru, IL Local Guide
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Cheapest Available Peru Apartments for Rent and Nearby
The cheapest available apartment rental in Peru, IL is a Studio unit found at Northland Park Apartments priced from $625. Winkler Village Apartments in the Woodford County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Peru apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Northland Park Apartments | Studio | Studio,1BA | $625 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $725 |
| MEADOWS OF LUKE RIDGE | 3 BED 1 BATH | 3BR,1BA | $757 |
| Dixon River Apartments | 2BD/2BA | 2BR,1BA | $775 |
| Phoenix Apartments of Pontiac | One Bedroom Deluxe | 1BR,1BA | $795 |
Best Value Apartments for Rent in Peru, IL and Nearby
As of July 26, 2026 the best value apartment in the Peru area is the $0.93 price per square foot 4 TH Model at Mason Townhouse Suites in the in the Dekalb neighborhood starting from $2,050. The second greatest value Peru apartment is the 527 Gooding St Model at 527 Gooding St, Unit 1 starting at $1,400 with a $1.17 price per square foot in the La Salle County 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. |
|---|---|---|---|
| Mason Townhouse Suites | 4 TH | 4BR,3BA | $0.93 |
| 527 Gooding St, Unit 1 | 527 Gooding St | 2BR,1BA | $1.17 |
| Prairie Lakes Apartments | The Tyler | 2BR,2BA | $1.55 |
| MEADOWS OF LUKE RIDGE | 3 BED 1 BATH | 3BR,1BA | $0.67 |
| Eco Park | 3 | 3BR,2BA | $1.39 |
| Phoenix Apartments of Pontiac | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.05 |
| Dixon River Apartments | 2BD/2BA | 2BR,1BA | $0.92 |
| The Terraces at Dekalb | Lincoln Hwy 2 Bed | 2BR,1BA | $1.43 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $1.06 |
| Northland Park Apartments | Studio | Studio ,1BA | $1.51 |
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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See the most popular apartments and homes in Peru, IL
Frequently Asked Questions about Peru
What type of rentals are currently available in Peru?
There are currently 68 Apartments for Rent in Peru, IL with pricing that ranges from $485 to $2,200. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peru ranging from $700 to $4,000.
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 $700 to $4,000 with an average monthly rent of $1,682.
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 $910 to $2,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,025 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,495.
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.
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.