
Cheap Apartments for Rent in Peru, ME from $800 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Peru.


2 Cloverleaf St

Princeton Pines

138 High St

Summerhaven Apartments

Hathaway Creative Center
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.

Orchard Park Apartments

Mount Auburn Apartments

Princeton on Back Cove
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.

1 Progress Way

119 Congress St

8 Fairmount Ave
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.

109 Birch St

25 Maine Ave

45 Getchell Corner Rd

153 Horton St

5 Progress Wy

10 Crosby St Pl
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.

9 Urquhart St

5 Madison St
Peru, ME Local Guide

How much does it cost to rent an apartment in Peru?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peru Studio Apartments | $1,956 | $1,174 | $2,650 |
| Peru 1 Bedroom Apartments | $2,148 | $850 | $3,327 |
| Peru 2 Bedroom Apartments | $2,337 | $1,025 | $4,995 |
| Peru 3 Bedroom Apartments | $2,755 | $1,200 | $4,500 |
| Peru 4 Bedroom Apartments | $3,313 | $2,836 | $3,909 |
Browse Top Apartments in Peru
See all Apartments in PeruExplore Peru
Peru, ME Local Guide
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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 $850. 70 Church St has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,200. Here is today’s list of the most affordable Peru apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mountain View Apartments | 1x1 | 1BR,1BA | $850 |
| 70 Church St | Units | 3BR,1BA | $1,200 |
| Summerhaven Apartments | 1 Bedroom | 1BR,1BA | $1,225 |
| Riverview - Maine | 1 Bedroom | 1BR,1BA | $1,225 |
| 23 Clinton Ave | 1 Bedroom | 1BR,1BA | $1,250 |
| Orchard Park Apartments | 1 Bedroom | 1BR,1BA | $1,325 |
| Lancaster Apartments | 2 Bedroom | 2BR,1BA | $1,401 |
| Mount Auburn Apartments | One Bedroom-AA | 1BR,1BA | $1,428 |
| The Ridges | 1 BR, 1BA | 1BR,1BA | $1,450 |
| 117 Lofts | Studio | Studio,1BA | $1,550 |
Best Value Apartments for Rent in Peru, ME and Nearby
As of December 24, 2025 the best value apartment in the Peru area is the $0.64 price per square foot 3 Bedroom 1 Bath Model at 326 Hancock St in the starting from $900. The second greatest value Peru apartment is the Units Model at 70 Church St starting at $1,200 with a $0.86 price per square foot . 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. |
|---|---|---|---|
| 326 Hancock St | 3 Bedroom 1 Bath | 3BR,1BA | $0.64 |
| 70 Church St | Units | 3BR,1BA | $0.86 |
| Stable Ridge Apartments | 2 Bedroom | 2BR,1BA | $1.84 |
| 51 Northern Avenue Hts | 2 Bedroom 1 Bath | 2BR,1BA | $1.55 |
| 7-9 Irene St | Two Bedroom One Bath | 2BR,1BA | $1.55 |
| Atlantic Townhouse Apartments | 2 Bedroom | 2BR,1BA | $1.96 |
| The Spinning Mill | 1-Bedroom | 1BR,1BA | $2.00 |
| Orchard Park Apartments | 1 Bedroom | 1BR,1BA | $1.89 |
| Riverview - Maine | 1 Bedroom | 1BR,1BA | $1.88 |
| 23 Clinton Ave | 1 Bedroom | 1BR,1BA | $1.92 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Peru, ME Rentals by Map
See the most popular apartments and homes in Peru, ME
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 117 Lofts listed at $1,550.
How much is rent for a Cheap One Bedroom Peru Apartment?
The lowest price for a Cheap One Bedroom Peru Apartment is $850 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 $1,025 at Mountain View Apartments.
What is the most affordable Peru Three Bedroom Apartment?
The best deal on a cheap Peru Three Bedroom Apartment rental is at 70 Church St and starts from $1,200.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.










