Cheap Homes for Rent in Peru, KS from $500 (8 Rentals)

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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.

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.

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 BARTLESVILLE PORTFOLIO priced from $725. WIN RESIDENCES has the second lowest priced unit, which is a 1 Bed apartment currently listed from $829. Here is today’s list of the most affordable Peru apartments for rent:

Apartment ListingModel NameBed/BathPriced From
BARTLESVILLE PORTFOLIOAdams Place - 1 Bedroom1BR,1BA$725
WIN RESIDENCES1b1b 1st Floor1BR,1BA$829
SILVERWOOD APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$870

Best Value Apartments for Rent in Peru, KS and Nearby

As of September 14, 2025 the best value apartment in the Peru area is the $0.45 price per square foot 106 W 7th St Model at 106 W 7th St, Unit 106.5 in the starting from $1,250. The second greatest value Peru apartment is the 2 Bedroom/2 Bath Model at Pryor Creek starting at $1,135 with a $1.14 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.
106 W 7th St, Unit 106.5106 W 7th St4BR,2BA$0.45
Pryor Creek2 Bedroom/2 Bath2BR,2BA$1.14
4715 SE Adams Blvd, Unit 922a4715 SE Adams Blvd2BR,2BA$0.98
SILVERWOOD APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$1.03
104 W 7th St, Unit 104 .5104 W 7th St1BR,1BA$1.33
Lexington CommonsA1 Renovated1BR,1BA$1.27
704 McFadden Dr, Unit 3704 McFadden Dr1BR,1BA$1.27
712 McFadden Dr, Unit 1712 McFadden Dr1BR,1BA$1.27
WIN RESIDENCES1b1b 1st Floor1BR,1BA$1.26
BARTLESVILLE PORTFOLIOPierce Place - 1 Bedroom1BR,1BA$1.31

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

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Frequently Asked Questions about Peru

What type of rentals are currently available in Peru?

There are currently 33 Apartments for Rent in Peru, KS with pricing that ranges from $600 to $4,158. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peru ranging from $544 to $2,395.

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 $544 to $2,395 with an average monthly rent of $1,295.

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 $850 to $2,227, while Three Bedroom Homes, Condos, and Townhomes for rent range from $544 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,250.

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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.