Cheap Apartments for Rent in Peru, NE from $400 (43 Rentals)

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

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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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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Maplewinds I & II
1 to 2 Bedroom Apartments

Maplewinds I & II

403 Iowa StHiawatha, KS 66434
  • Utilities Included

Cash 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.

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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
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Arbor Village
1 to 3 Bedroom Apartments

Arbor Village

601 4th CorsoNebraska City, NE 68410
  • Utilities Included

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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property at 407 H St

$750

1 Bedroom Rentals

Available Now

407 H St

HamburgIA51640
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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
property at 1216 S 2nd St

$895 - $995

2 To 3 Bedroom Rentals

Available Now

1216 S 2nd St

Nebraska CityNE68410

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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Gold Coast Apartments
1 to 2 Bedroom Apartments

Gold Coast Apartments

1221 Gold Coast RdPapillion, NE 68046
  • Utilities Included
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Brent Village
1 to 3 Bedroom Apartments

Brent Village

1409 Buck DrBellevue, NE 68005
Military
Showing Results 1-43, 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 Parkway Village Apartments priced from $540. Tarkio Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Peru apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkway Village ApartmentsOne Bedroom1BR,1BA$540
Tarkio Village Apartments1BR/1.0BA1BR,1BA$550
Nottingham Court Apartments1 Bed 1 Bath1BR,1BA$675
Red Oak 48-Unit (City View Apartments)1 Bedroom1BR,1BA$695
Timber Creek Apartments1 Bed/1 Bath1BR,1BA$725
University PointVO 2X12BR,1BA$725
Forest Cove2 Bedroom, 1 Bath2BR,1BA$725
Bellevue Gardens Apartments1 Bed 1 Bath1BR,1BA$750
Park Avenue Apartments2BR/1.0BA2BR,1BA$795
Timbercrest1Bed 1Bath1BR,1BA$800

Best Value Apartments for Rent in Peru, NE and Nearby

As of May 08, 2026 the best value apartment in the Peru area is the $1.00 price per square foot Two Bed - Upcoming Availability Model at Burr Oaks Place in the starting from $1,246. The second greatest value Peru apartment is the 2 Bed 2 Bath 2nd Floor Model at Midland Heights Apartments starting at $1,300 with a $1.15 price per square foot in the Gretna 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.
Burr Oaks PlaceTwo Bed - Upcoming Availability2BR,1BA$1.00
Midland Heights Apartments2 Bed 2 Bath 2nd Floor2BR,2BA$1.15
University PointVO2X1R2BR,1BA$0.96
Forest Cove2 Bedroom, 1 Bath2BR,1BA$0.89
Park Avenue Apartments2BR/1.0BA2BR,1BA$0.99
Fontenelle Hills1 Bed 1 Bath1BR,1BA$1.18
Timbercrest1Bed 1Bath1BR,1BA$1.07
Bellevue Gardens Apartments1 Bed 1 Bath1BR,1BA$1.07
Parkway Village ApartmentsTwo Bedroom (updated)2BR,1BA$0.99
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

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

The lowest price for a Cheap One Bedroom Peru Apartment is $540 at Parkway Village 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 $690 at Parkway Village Apartments.

What is the most affordable Peru Three Bedroom Apartment?

The best deal on a cheap Peru Three Bedroom Apartment rental is at Forest Cove and starts from $800.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

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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.

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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.