Cheap Apartments for Rent in Peru, ME from $700 (24 Rentals)

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

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.

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347 Ridge Road
Studio to 2 Bedroom Apartments

347 Ridge Road

347 Ridge RoadFairfield, ME 04937
  • Utilities Included

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.

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property at 341 Water St

341 Water St

AugustaME04330
property at 7 Island Ave

7 Island Ave

SkowheganME04976

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Peru, ME Local Guide

Cheapest Available Peru Apartments for Rent and Nearby

 

The cheapest available apartment rental in Peru, ME is a 1 Bed unit found at Mountain View Apartments priced from $750. 95-99 Maine Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $800. Here is today’s list of the most affordable Peru apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mountain View Apartments1x11BR,1BA$750
95-99 Maine Ave2 Bed/1 Bath2BR,1BA$800
Orchard Park Apartments1 Bedroom1BR,1BA$1,325
The Ridges1 BR, 1BA1BR,1BA$1,375
162 Narragansett StStudioStudio,1BA$1,450

Best Value Apartments for Rent in Peru, ME and Nearby

As of June 28, 2025 the best value apartment in the Peru area is the $2.67 price per square foot #21 Model at Birchlane in the in the North Deering neighborhood starting from $3,200. The second greatest value Peru apartment is the 2 Bedroom Model at Stable Ridge Apartments starting at $1,900 with a $1.84 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.
Birchlane#213BR,2BA$2.67
Stable Ridge Apartments2 Bedroom2BR,1BA$1.84
The RidgesFurnished 1 BR, 1 BA, Large Office/Den1BR,1BA$2.20
Mount Auburn ApartmentsTwo Bedroom-D2BR,2BA$2.46
Kittyhawk Apartments II1 Bedroom1BR,1BA$2.43
Terrace Pond2 Bed 1 Bath2BR,1BA$2.13
Haven WestHW-A12BR,1BA$2.25
Apartments at Brunswick Landing1 Bedroom 1 Bath Brunswick1BR,1BA$2.70
95-99 Maine Ave1 Bed/ 1 Bath1BR,1BA$1.14
Orchard Park Apartments1 Bedroom1BR,1BA$1.89

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

Explore Peru, ME Rentals by Map

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See the most popular apartments and homes in Peru, ME

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Frequently Asked Questions about Cheap Peru Apartments

What is the Cheapest Studio apartment in Peru?

Currently the most affordable Cheap Studio Apartment in Peru is at 162 Narragansett St listed at $1,450.

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

The lowest price for a Cheap One Bedroom Peru Apartment is $750 at Mountain View 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 $800 at 95-99 Maine Ave.

What is the most affordable Peru Three Bedroom Apartment?

The best deal on a cheap Peru Three Bedroom Apartment rental is at 95-99 Maine Ave and starts from $925.

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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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.

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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.

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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.

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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.