Cheap Homes for Rent in Peru, ME from $600 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

property at 25 Maine Ave

25 Maine Ave

RumfordME04276

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.

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.

Peru, ME Local Guide

Cheapest Available Peru Apartments for Rent and Nearby

 

The cheapest available apartment rental in Peru, ME is a 2 Beds unit found at 95-99 Maine Ave priced from $800. Mountain View Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Peru apartments for rent:

Apartment ListingModel NameBed/BathPriced From
95-99 Maine Ave2 Bed/1 Bath2BR,1BA$800
Mountain View Apartments1x11BR,1BA$850
Summerhaven Apartments1 Bedroom1BR,1BA$1,225
The BellamySchooner2BR,1BA$1,264
The Ridges1 BR, 1BA1BR,1BA$1,375

Best Value Apartments for Rent in Peru, ME and Nearby

As of September 19, 2025 the best value apartment in the Peru area is the $1.52 price per square foot Three Bedroom Townhouse Model at Island View Apartments in the in the North Deering neighborhood starting from $2,950. 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.
Island View ApartmentsThree Bedroom Townhouse3BR,2BA$1.52
Stable Ridge Apartments2 Bedroom2BR,1BA$1.84
Brunswick Station Apartments16 Noble Street2BR,2BA$2.31
95-99 Maine Ave4 Bed/ 1 Bath4BR,1BA$1.25
The RidgesFurnished 1 BR, 1 BA, Large Office/Den1BR,1BA$2.20
Tamarlane Apartments, LLCElm2BR,1BA$1.71
Kittyhawk Apartments II1 Bedroom1BR,1BA$2.10
23 Clinton Ave2 Bedroom2BR,1BA$1.79
Haven WestHW-A12BR,1BA$2.24
Summerhaven Apartments1 Bedroom1BR,1BA$2.04

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, ME Rentals by Map

View Map
Peru, ME Apartments Map
View Map
Peru, ME Rental Homes Map

Frequently Asked Questions about Peru

What type of rentals are currently available in Peru?

There are currently 53 Apartments for Rent in Peru, ME with pricing that ranges from $850 to $4,995. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peru ranging from $600 to $6,850.

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 $600 to $6,850 with an average monthly rent of $2,025.

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 $2,175 to $4,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $6,850. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $2,836.

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.