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Apartments in Peru

1 - 11 of 11 Results
16
3D Tour
$799 - 939
HI Peru Acquisitions LLC
Deal
2920 S Hilltop Drive Peru, IN
Studio - 3 BR | Available Now
Contact
4
$845 - 1,495
548 Sycamore Trl
Peru, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
1
$849
Downstairs 1 Bedroom Apartment
876 Bobtail Ct Peru, IN
1 BR | Jul. 15, 2024
Contact
Dog Friendly
Cat Friendly
5
$625
Clean, Spacious, 1 & 2 Bedroom Apartments
2051 W Matador St Peru, IN
2 BR | Ask for Availability
Contact
$849
Remodeled 1 Bedroom Apartment
700 Bobtail Ct Peru, IN
1 BR | Ask for Availability
Contact
$799
Remodeled 1 Bedroom Apartment
700 Bobtail Ct Peru, IN
1 BR | Ask for Availability
Contact
$880
1850 S BUSINESS 31
Peru, IN
2 BR | Jul. 1, 2024
Contact
Dog Friendly
Cat Friendly
$899
Remodeled 2 Bedroom Apartment
700 Bobtail Ct Peru, IN
2 BR | Ask for Availability
Contact
$949
Remodeled 2 Bedroom Apartment
700 Bobtail Ct Peru, IN
2 BR | Ask for Availability
Contact
8
$505
154 E 2Nd St
Peru, IN
1 BR | Ask for Availability
Contact
2
$749 - 899
700 Bobtail Ct
Peru, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
1 - 11 of 11 Results
  1. Home
  2. Kokomo, IN Area Apartments
  3. Peru

How much does it cost to rent an apartment in Peru?

Peru Apartments
Bed Type Average Rent Range
1BR $820 $510 - $960
2BR $950 $680 - $1,270
3BR $1,220 $940 - $1,500
Frequently Asked Questions

How many apartments are available in Peru, IN on Rentable.co?

Rentable.co has over 153 apartments available in Peru.

What is the average rent for a one-bedroom apartment in Peru, IN?

The average rent for a one-bedroom apartment in Peru is around $820 per month.

What is the average rent for a two-bedroom apartment in Peru, IN?

The average rent for a two-bedroom apartment in Peru is around $950 per month.

How expensive is it to rent an apartment in Peru, IN?

For a two-bedroom apartment in Peru, the average rent price is $950 per month, which is lower than the national average of $1,620 per month.

Can I afford an apartment for rent in Peru, IN?

Based on average rent prices in Peru, to afford a one-bedroom apartment you would need an annual household income of $33,000 to live comfortably.

Search Cities Near Peru, IN

Wabash, IN
Logansport, IN
Kokomo, IN
Marion, IN

Peru:
May Rent Report

Welcome to the May 2024 Peru Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Peru rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Peru and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Peru average rent prices in the chart below.

Monthly Rent Report

$1,000
$750
$500
$250
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Peru Rent Prices Increase From April to May

Peru rent prices increased over the last month. From April to May, the city experienced a 2.84% increase for the price of a one-bedroom apartment. The rent price for a Peru one-bedroom apartments currently stands at $833.0.

When we take a look at the two-bedroom comparison from April to May, Peru experienced a 5.03% increase for the price of a two-bedroom apartment. The rent price for a Peru two-bedroom apartments currently stands at $919.0.

May Prices: Peru vs. Surrounding Areas

Rent Prices in Peru and Surrounding Areas

Rent prices have increased in Peru over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Peru suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Peru suburbs

  • Rents did not decrease in any of the Peru suburbs.

May 2024 Pricing Trends: Peru vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Peru Rent Prices More Affordable Than Major Cities

Rent growth in Peru over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Peru average rent prices appear to be relatively affordable for local residents.

The price for a Peru one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Peru and surrounding area rent prices, take a look at the complete data set below.

Data set for Peru and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

Browse Peru Apartments
Peru Apartments by Bedrooms
Peru Apartments by Affordability
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