Cheap Apartments for Rent in Peru, NY from $900 (27 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

close
View Me
THE TRAILS AT MALONE
1 to 3 Bedroom Apartments

THE TRAILS AT MALONE

166 Falling Leaf DrMalone, NY 12953
  • Utilities Included
close
View Me
260 College St
Studio to 5 Bedroom Apartments

260 College St

260 College StBurlington, VT 05401
Student Housing

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.

property at 10 Lafayette Pl

$1,500 - $1,600

2 Bedroom Rentals

Available Feb 1

10 Lafayette Pl

BurlingtonVT05401

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.

close
View Me
33 Pine St
1 Bedroom Apartments

33 Pine St

33 Pine StBurlington, VT 05401

Peru, NY Local Guide

Cheapest Available Peru Apartments for Rent and Nearby

 

The cheapest available apartment rental in Peru, NY is a 1 Bed unit found at THE TRAILS AT MALONE priced from $948. Pines Senior Living in the Centennial neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,230. Here is today’s list of the most affordable Peru apartments for rent:

Apartment ListingModel NameBed/BathPriced From
THE TRAILS AT MALONEOne Bedroom One Bath1BR,1BA$948
Pines Senior Living1br/1ba-Income Restricted1BR,1BA$1,230
30 City Hall PlOne Bedroom1BR,1BA$1,375
Riverside In the Village11 Franklin Studio with coin opp. laundryStudio,1BA$1,450
Packard Lofts22 - INCOME RESTRICTED2BR,1BA$1,460
Quarry Hill Club & CondominiumsBuilding 430 StudiosStudio,1BA$1,495
Keen's CrossingCedar - Income Limits Apply2BR,2BA$1,556
Winooski BlockWinooski Block 33 East Allen1BR,1BA$1,600
247PearlStudioStudio,1BA$1,600
11 Park Street ApartmentsStudioStudio,1BA$1,600

Best Value Apartments for Rent in Peru, NY and Nearby

As of January 01, 2026 the best value apartment in the Peru area is the $2.34 price per square foot 3 Bedroom 2 Bath Model at 403-407 College Street in the in the Centennial neighborhood starting from $3,750. The second greatest value Peru apartment is the 314 Model at Residences at Great Cedars starting at $1,795 with a $1.76 price per square foot in the Centennial 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.
403-407 College Street3 Bedroom 2 Bath3BR,2BA$2.34
Residences at Great Cedars3142BR,1BA$1.76
5 CornersCorner Unit W/Balcony2BR,2BA$2.40
Packard Lofts22 - INCOME RESTRICTED2BR,1BA$1.50
Mansfield ApartmentsA1BR,1BA$2.24
Winooski BlockWinooski Block 33 East Allen1BR,1BA$2.03
Village at Autumn Pond1BR/1.0BA1BR,1BA$2.34
30 City Hall PlOne Bedroom1BR,1BA$1.96
THE TRAILS AT MALONEOne Bedroom One Bath1BR,1BA$1.65
Broad Street Commons1x11BR,1BA$2.29

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
Decorative image

The 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 Article
Decorative image

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.

Read Article
Decorative image

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, NY Rentals by Map

View Map
Peru, NY Apartments Map
View Map
Peru, NY Rental Homes Map

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 Riverside In the Village listed at $1,450.

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

The lowest price for a Cheap One Bedroom Peru Apartment is $948 at THE TRAILS AT MALONE.

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 $1,148 at THE TRAILS AT MALONE.

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 How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

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!