Cheap Homes for Rent in Peru, NY from $900 (9 Rentals)

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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.

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, 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

Best Value Apartments for Rent in Peru, NY and Nearby

As of May 09, 2026 the best value apartment in the Peru area is the $2.18 price per square foot Pine Model at Keen's Crossing in the in the Centennial neighborhood starting from $2,470. The second greatest value Peru apartment is the Two Bedroom Town House Model at Millhouse Terrace starting at $2,700 with a $2.43 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.
Keen's CrossingPine2BR,2BA$2.18
Millhouse TerraceTwo Bedroom Town House2BR,1BA$2.43
Village at Autumn Pond2BR/2.0BA2BR,2BA$2.22
Winooski BlockWinooski Block | 1 Bed (3-15 East Allen)1BR,1BA$1.61
5 Corners2 Bed 2 Bath2BR,2BA$2.13
Maiden LaneMaiden Lane 2 Bed 012BR,1BA$2.58
Residences at Great Cedars1 BR1BR,1BA$1.89
Ethan AllenEthan Allen 042BR,1BA$2.57
30 City Hall PlOne Bedroom1BR,1BA$1.96
THE TRAILS AT MALONEOne Bedroom One Bath1BR,1BA$1.65

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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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Peru

What type of rentals are currently available in Peru?

There are currently 68 Apartments for Rent in Peru, NY with pricing that ranges from $825 to $4,900. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peru ranging from $900 to $4,000.

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 $900 to $4,000 with an average monthly rent of $2,638.

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 $1,000 to $2,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,400 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $950.

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 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.