
Cheap Homes for Rent in Peru, IA from $1,000 (9 Rentals)
Cheap Homes in Peru.


107 4th St

613 Polk St

415 NW Poplar Ave
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1360 SE Florence Dr

209 W Jefferson St

606 Main St

7910 SW 10th St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

1112 N 6th St
Peru, IA Local Guide

How much does it cost to rent a home in Peru?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Peru 2 Bedroom Homes for Rent | $1,527 | $1,295 | $1,795 |
Peru 3 Bedroom Homes for Rent | $1,824 | $1,050 | $2,300 |
Peru 4 Bedroom Homes for Rent | $2,647 | $2,400 | $3,495 |
Browse Top Homes for Rent in Peru
Explore Peru
Peru, IA Local Guide
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Cheapest Available Peru Apartments for Rent and Nearby
 The cheapest available apartment rental in Peru, IA is a 2 Beds unit found at Foxwood Apartments in the Easton Park neighborhood priced from $638. East Park Apartments in the Easton Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here is today’s list of the most affordable Peru apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Foxwood Apartments | B2 | 2BR,1BA | $638 |
East Park Apartments | 1/2 Story Down | 2BR,1BA | $750 |
Next Level Apartments - Deer Run | B1 | 2BR,1BA | $825 |
Best Value Apartments for Rent in Peru, IA and Nearby
As of May 09, 2025 the best value apartment in the Peru area is the $1.08 price per square foot Platinum Pointe - 4 Bed Model at Platinum Pointe in the starting from $2,600. The second greatest value Peru apartment is the 3 Bed 2.5 Bath Townhome Model at Providence Lane Townhomes starting at $1,640 with a $1.14 price per square foot . Here is today’s list of the best values for Peru apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Platinum Pointe | Platinum Pointe - 4 Bed | 4BR,3BA | $1.08 |
Providence Lane Townhomes | 3 Bed 2.5 Bath Townhome | 3BR,2.5BA | $1.14 |
Cascades at Jordan Creek | The Sierra With Detached Garage | 2BR,2BA | $1.13 |
Linden West | 2 bed 2 bath, with Laundry | 2BR,2BA | $1.24 |
Bella Terra | 2 Bedroom | 2BR,2BA | $1.20 |
Lincoln Ridge by Kading | Sign a 13 Month Lease, Get the 13th Month Free! | 3BR,1BA | $1.14 |
Lift at Jordan Creek | Amplify | 1BR,1BA | $1.22 |
Next Level Apartments - Deer Run | B1 | 2BR,1BA | $1.03 |
Norwalk Village Estates | 2BR/1.0BA | 2BR,1BA | $1.11 |
Foxwood Apartments | A2 | 1BR,1BA | $1.11 |
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Frequently Asked Questions about Peru
What type of rentals are currently available in Peru?
There are currently 38 Apartments for Rent in Peru, IA with pricing that ranges from $500 to $4,034. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peru ranging from $1,050 to $3,495.
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 $1,050 to $3,495 with an average monthly rent of $1,824.
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 $1,150 to $4,034, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,300. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,000.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.