Cheap Apartments for Rent near Peru, KS from $500 (36 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Peru.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Read Article
close
View Me
Rehwinkel Hall
1 Bedroom Apartments

Rehwinkel Hall

1415 E 6th AveWinfield, KS 67156
Senior Living
  • Utilities Included
close
View Me
Willow Creek Villas
1 to 2 Bedroom Apartments

Willow Creek Villas

1501 Princeton AvePonca City, OK 74604
Senior Living
  • Utilities Included
close
View Me
Osage Apartments
1 Bedroom Apartments

Osage Apartments

100 N Summit StArkansas City, KS 67005
  • Utilities Included
close
View Me
Casa Del Sol Complex
Studio to 4 Bedroom Apartments

Casa Del Sol Complex

3982 CR 1675Coffeyville, KS 67337
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
close
View Me
WIN RESIDENCES
1 to 2 Bedroom Apartments

WIN RESIDENCES

1900 Elaine DrWinfield, KS 67156
Student Housing

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.

Read Article
Showing Results 1-36, Page 1 of 1

Peru, KS Local Guide

Cheapest Available Peru Apartments for Rent and Nearby

 

The cheapest available apartment rental in Peru, KS is a 1 Bed unit found at Shannon Plaza Apartments in the Butler County neighborhood priced from $625. Rockridge Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $795. Here is today’s list of the most affordable Peru apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shannon Plaza Apartments1 Bedroom/ 1 Bath1BR,1BA$625
Rockridge Apartments2 Bed 1 Bath2BR,1BA$795
Lexington CommonsA11BR,1BA$799
WIN RESIDENCES1b1b 3rd Floor1BR,1BA$829
SILVERWOOD APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$899
Oak Timbers SkiatookOak Timbers - Oklahoma - Two Bedroom2BR,2BA$910
The Lodge Apartments1 Bedroom1BR,1BA$979
Kansas Villas2 Bed 2 Bath2BR,2BA$1,000
Pryor Creek1 Bedroom1BR,1BA$1,145
98 ApartmentsA11BR,1BA$1,150

Best Value Apartments for Rent in Peru, KS and Nearby

As of July 12, 2026 the best value apartment in the Peru area is the $0.63 price per square foot Modular Homes & Land Model at Big Cabin Senior Modular Community in the starting from $1,500. The second greatest value Peru apartment is the 2 Bed 2 Bath with Flex Space and Optional Firep... Model at Cypress Crossing starting at $1,464 with a $1.25 price per square foot in the North Tulsa neighborhood. 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.
Big Cabin Senior Modular CommunityModular Homes & Land3BR,2BA$0.63
Cypress Crossing2 Bed 2 Bath with Flex Space and Optional Firep...2BR,2BA$1.25
Lexington CommonsB12BR,2BA$1.15
Rockridge Apartments2 Bed 1 Bath2BR,1BA$0.92
SILVERWOOD APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$1.06
Oak Timbers SkiatookOak Timbers - Oklahoma - Two Bedroom2BR,2BA$1.09
Pryor Creek1 Bedroom1BR,1BA$1.55
The Lodge Apartments1 Bedroom1BR,1BA$1.43
WIN RESIDENCES1b1b 1st Floor1BR,1BA$1.36
Shannon Plaza Apartments1 Bedroom/ 1 Bath1BR,1BA$1.19

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
Decorative image

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.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Peru, KS Rentals by Map

Decorative image of map

See the most popular apartments and homes in Peru, KS

View Map
Peru, KS Apartments Map
View Map
Peru, KS Rental Homes Map

Frequently Asked Questions about Cheap Peru Apartments

How much is rent for a Cheap One Bedroom Peru Apartment?

The lowest price for a Cheap One Bedroom Peru Apartment is $625 at Shannon Plaza Apartments.

What is the lowest price for a Cheap Two Bedroom Peru Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Peru is starting from $795 at Rockridge Apartments.

What is the most affordable Peru Three Bedroom Apartment?

The best deal on a cheap Peru Three Bedroom Apartment rental is at Rockridge Apartments and starts from $850.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.