Cheap Apartments for Rent near Peru, NE from $400 (45 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Maplewinds I & II
1 to 2 Bedroom Apartments

Maplewinds I & II

403 Iowa StHiawatha, KS 66434
  • Utilities Included
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Maryville Meadows
2 to 3 Bedroom Apartments

Maryville Meadows

324 E Summit DrMaryville, MO 64468
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303 W Lowell Ave
1 to 2 Bedroom Apartments

303 W Lowell Ave

303 W Lowell AveShenandoah, IA 51601
Corporate Housing
property at 141 N 4th St

$650

1 Bedroom Rentals

Available Now

141 N 4th St

TecumsehNE68450
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Arbor Village
1 to 3 Bedroom Apartments

Arbor Village

601 4th CorsoNebraska City, NE 68410
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Arbor View Apartments
1 to 3 Bedroom Apartments

Arbor View Apartments

1116 S 2nd StNebraska City, NE 68410
  • Utilities Included
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Chateau Bellevue
Studio to 3 Bedroom Apartments

Chateau Bellevue

401 Chateau DrBellevue, NE 68005
Corporate Housing

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.

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Brent Village
1 to 3 Bedroom Apartments

Brent Village

1409 Buck DrBellevue, NE 68005
Military

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.

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Showing Results 1-45, Page 1 of 1

Peru, NE Local Guide

Cheapest Available Peru Apartments for Rent and Nearby

 

The cheapest available apartment rental in Peru, NE is a 1 Bed unit found at Nottingham Court Apartments in the Cass County neighborhood priced from $675. Bellevue Gardens Apartments in the Bellevue neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Peru apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Nottingham Court Apartments1 Bed 1 Bath1BR,1BA$675
Bellevue Gardens Apartments1 Bed 1 Bath1BR,1BA$750
Clarinda West Apartments2 Beds, 1 Baths2BR,1BA$795
Oak Creek Apartments1 bedroom, 1 bath1BR,1BA$799
Loess Hills Estates Affordable Senior HousingStudioStudio,1BA$871
Red Oak 48-Unit (City View Apartments)2 Bedroom - Grade A2BR,1BA$875
Fontenelle Hills2 Bed 2 Bath2BR,2BA$903
Pinehill Park1 Bed/1Bath - Breakfast Bar - Classic1BR,1BA$905
Gold Coast Square Apartments1 Bed, 1 Bath B1BR,1BA$935
Chateau Bellevue2 Bedroom2BR,1BA$975

Best Value Apartments for Rent in Peru, NE and Nearby

As of August 08, 2026 the best value apartment in the Peru area is the $0.72 price per square foot 2 Bed 2 Bath Model at Fontenelle Hills in the in the Bellevue neighborhood starting from $903. The second greatest value Peru apartment is the Two Bed/One Bath Model at Burr Oaks Place starting at $1,181 with a $0.94 price per square foot in the Mills County neighborhood. 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.
Fontenelle Hills2 Bed 2 Bath2BR,2BA$0.72
Burr Oaks PlaceTwo Bed/One Bath2BR,1BA$0.94
Bellevue Gardens Apartments2 Bed 1 Bath2BR,1BA$0.70
Fontainebleau Apartments2 Bed, 2 Bath2BR,2BA$1.03
Midland Heights ApartmentsTwo Bed, Two Bath, 2nd Floor2BR,2BA$1.09
Tregaron OaksArlington2BR,2BA$1.04
Timbercrest Apartments2 Bedrooms, 1 Bathroom2BR,1BA$1.00
Red Oak 48-Unit (City View Apartments)2 Bedroom - Grade A2BR,1BA$1.12
Oak Creek Apartments1 bedroom, 1 bath1BR,1BA$1.14
Nottingham Court Apartments1 Bed 1 Bath1BR,1BA$1.13

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.

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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.

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

Explore Peru, NE Rentals by Map

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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 Loess Hills Estates Affordable Senior Housing listed at $871.

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

The lowest price for a Cheap One Bedroom Peru Apartment is $675 at Nottingham Court 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 $795 at Clarinda West Apartments.

What is the most affordable Peru Three Bedroom Apartment?

The best deal on a cheap Peru Three Bedroom Apartment rental is at Chateau Bellevue and starts from $1,289.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.