Cheap Apartments for Rent in Peru, NY from $900 (26 Rentals)

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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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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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THE TRAILS AT MALONE
1 to 3 Bedroom Apartments

THE TRAILS AT MALONE

166 Falling Leaf DrMalone, NY 12953
  • Utilities Included
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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.

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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.

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Showing Results 1-26, Page 1 of 1

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 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
Residences at Great Cedars1 BR1BR,1BA$1,395
Packard Lofts22 - INCOME RESTRICTED2BR,1BA$1,460
Quarry Hill Club & CondominiumsBuilding 430 StudiosStudio,1BA$1,495
Winooski BlockWinooski Block 33 East Allen1BR,1BA$1,550
Keen's CrossingCedar - Income Limits Apply2BR,2BA$1,556
247PearlStudioStudio,1BA$1,600
11 Park Street ApartmentsStudioStudio,1BA$1,600

Best Value Apartments for Rent in Peru, NY and Nearby

As of January 15, 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 South End neighborhood starting from $3,750. The second greatest value Peru apartment is the Toadlane | 2 Bed Model at Toad Lane starting at $2,000 with a $1.96 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.
403-407 College Street3 Bedroom 2 Bath3BR,2BA$2.34
Toad LaneToadlane | 2 Bed2BR,2BA$1.96
Packard Lofts22 - INCOME RESTRICTED2BR,1BA$1.50
Mansfield ApartmentsA1BR,1BA$2.24
Winooski BlockWinooski Block 33 East Allen1BR,1BA$1.96
Village at Autumn Pond1BR/1.0BA1BR,1BA$2.32
30 City Hall PlOne Bedroom1BR,1BA$1.96
Residences at Great Cedars2231BR,1BA$1.92
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.

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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.

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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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Quick Rent Budget Calculator

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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, NY 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 Quarry Hill Club & Condominiums listed at $1,495.

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 $1,460 at Packard Lofts.

What is the most affordable Peru Three Bedroom Apartment?

The best deal on a cheap Peru Three Bedroom Apartment rental is at Keen's Crossing and starts from $1,789.

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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!