15226 Creek Rd
SandwichIL60548
Cheap Homes for Rent in Peru, IL from $600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Peru.
214 S Bloomington St
StreatorIL61364
1610 E Rock Falls Rd
Rock FallsIL61071
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
738 E Main St
OttawaIL61350
227 Creve Coeur St
La SalleIL61301
1925 Main St
PeruIL61354
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
658 6th St
La SalleIL61301
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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 | $1,424 | $925 | $2,450 |
| Peru 3 Bedroom Homes for Rent | $2,141 | $1,195 | $4,500 |
| Peru 4 Bedroom Homes for Rent | $2,830 | $2,830 | $2,830 |
Browse Top Homes for Rent in Peru
Explore Peru
Peru, IL Local Guide
- Nearby Cities
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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. Willis Senior Lofts has the second lowest priced unit, which is a 2 Beds apartment currently listed from $654. 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 |
| Willis Senior Lofts | 2 Bedroom - Subsidized | 2BR,1BA | $654 |
| Dixon River Apartments | 1BD/1BA | 1BR,1BA | $675 |
Best Value Apartments for Rent in Peru, IL and Nearby
As of July 21, 2025 the best value apartment in the Peru area is the $0.67 price per square foot 3 BED 1 BATH Model at MEADOWS OF LUKE RIDGE in the starting from $757. The second greatest value Peru apartment is the 3 B Model at Ashbury Court starting at $1,080 with a $1.14 price per square foot in the Devonaire Farms 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. |
|---|---|---|---|
| MEADOWS OF LUKE RIDGE | 3 BED 1 BATH | 3BR,1BA | $0.67 |
| Ashbury Court | 3 B | 3BR,1.5BA | $1.14 |
| 504 S Sweetbriar Dr | Model | 2BR,1BA | $1.11 |
| Phoenix Apartments of Pontiac | One Bedroom Deluxe | 1BR,1BA | $0.94 |
| Brighton Woods | 1Bed1Bath | 1BR,1BA | $1.06 |
| Fox Hill Senior Living | 1 Bedroom, 1 Bath | 1BR,1BA | $1.32 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $1.06 |
| Dixon River Apartments | 1BD/1BA | 1BR,1BA | $1.03 |
| Willis Senior Lofts | 1 Bedroom | 1BR,1BA | $1.26 |
| Northland Park Apartments | Studio | Studio ,1BA | $1.51 |
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Frequently Asked Questions about Peru
What type of rentals are currently available in Peru?
There are currently 63 Apartments for Rent in Peru, IL with pricing that ranges from $439 to $2,255. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peru ranging from $650 to $4,500.
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 $650 to $4,500 with an average monthly rent of $1,617.
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 $753 to $2,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,830 and Four Bedroom Apartments start at $1,495.
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.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.