13 Center St
WatervilleME04901
Cheap Homes for Rent in Peru, ME from $1,000 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Peru.
25 Maine Ave
RumfordME04276
36 Prospect St
AugustaME04330
109 Birch St
LewistonME04240
117 Pierce St
LewistonME04240
1635 Lewiston Rd
LitchfieldME04350
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.
1 Jefferson St
AugustaME04330
1 Progress Way
BridgtonME04009
20 Academy St
HallowellME04347
5 Madison St
AnsonME04958
205 Cumberland St
RumfordME04276
15 Winthrop St
HallowellME04347
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.
Showing Results 1-12, Page 1 of 1
Peru, ME Local Guide
Beautiful day Androscoggin River by Jim Pennucci 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 | $1,765 | $1,200 | $2,800 |
| Peru 3 Bedroom Homes for Rent | $1,795 | $1,500 | $2,000 |
| Peru 4 Bedroom Homes for Rent | $2,008 | $1,500 | $2,700 |
Browse Top Homes for Rent in Peru
Explore Peru
Peru, ME Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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. Edgewater Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $851. 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 |
| Edgewater Village | 1x1 | 1BR,1BA | $851 |
| Appleton Apartments | Studio | Studio,1BA | $1,050 |
| Riverview - Maine | 1 Bedroom | 1BR,1BA | $1,225 |
| 23 Clinton Ave | 1 Bedroom | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Peru, ME and Nearby
As of May 25, 2026 the best value apartment in the Peru area is the $1.67 price per square foot 2 Beds, 1 bath Model at 172 Pinkhams Cove Rd in the starting from $2,000. The second greatest value Peru apartment is the 2 Bedroom Model at Stable Ridge Apartments starting at $1,975 with a $1.91 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. |
|---|---|---|---|
| 172 Pinkhams Cove Rd | 2 Beds, 1 bath | 2BR,1BA | $1.67 |
| Stable Ridge Apartments | 2 Bedroom | 2BR,1BA | $1.91 |
| Heritage Hillside Apartments | 9 Heritage Drive | 2BR,1BA | $1.97 |
| Rivers Edge | 2 Bedroom 1 Bath | 2BR,1BA | $1.55 |
| Lombard Estate | 3 Bedroom | 3BR,2BA | $1.75 |
| 7-9 Irene St | Two Bedroom One Bath | 2BR,1BA | $1.55 |
| 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 Article
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 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.
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Explore Peru, ME Rentals by Map
See the most popular apartments and homes in Peru, ME
Frequently Asked Questions about Peru
What type of rentals are currently available in Peru?
There are currently 70 Apartments for Rent in Peru, ME with pricing that ranges from $850 to $4,000. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peru ranging from $1,000 to $2,800.
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 $1,000 to $2,800 with an average monthly rent of $1,770.
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 $1,750 to $3,617, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $2,836.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.