Cheap Apartments for Rent in Peru, IL from $400 (26 Rentals)

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Rock Falls Apartments
Studio Apartments

Rock Falls Apartments

1608 E Rock Falls RdRock Falls, IL 61071
  • Utilities Inc.
property at 1600 W Main St

1600 W Main St

OttawaIL61350
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103 W Railroad St
Studio Apartments

103 W Railroad St

103 W Railroad StEarlville, IL 60518
Furnished
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Peru, IL Local Guide

Cheapest Available Peru Apartments for Rent and Nearby

 

The cheapest available apartment rental in Peru, IL is a 1 Bed unit found at Northland Park Apartments priced from $700. Winkler Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Peru apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Northland Park Apartments1 BR/ 1 BA1BR,1BA$700
Winkler Village Apartments1BD 1BTH1BR,1BA$725
The Terraces at DekalbRussell Road StudioStudio,1BA$725
St James PlaceTwo Bed2BR,1BA$755
Brighton Woods2Bed1Bath2BR,1BA$850
Dixon River Apartments3BD/3BA3BR,2BA$910
Ashbury Court2B2BR,1BA$999
504 S Sweetbriar DrModel2BR,1BA$1,000
Willis Senior Lofts1 Bedroom1BR,1BA$1,017
Lincolnshire West1bu1BR,1BA$1,035

Best Value Apartments for Rent in Peru, IL and Nearby

As of March 13, 2025 the best value apartment in the Peru area is the $0.91 price per square foot 4 TH Model at Mason Townhouse Suites in the in the Devonaire Farms neighborhood starting from $2,010. The second greatest value Peru apartment is the Three Bed Model at St James Place starting at $1,035 with a $0.86 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.
Mason Townhouse Suites4 TH4BR,3BA$0.91
St James PlaceThree Bed3BR,1.5BA$0.86
Knoxville PointeTwo Bdrm Two Bath-A2BR,2BA$1.27
Dixon River Apartments3BD/3BA3BR,2BA$0.83
Colonial Apartments3 TH3BR,1.5BA$1.18
504 S Sweetbriar DrModel2BR,1BA$1.11
Ashbury Court2B2BR,1BA$1.21
Brighton Woods1Bed1Bath1BR,1BA$1.06
Northland Park Apartments1 BR/ 1 BA1BR,1BA$0.99
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06

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Getting Around Peru, IL

Walk Score®

38 / 100

Car-Dependent

Most errands require a car

Bike Score®

44 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 The Terraces at Dekalb listed at $725.

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

The lowest price for a Cheap One Bedroom Peru Apartment is $700 at Northland Park Apartments.

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 $750 at Northland Park Apartments.

What is the most affordable Peru Three Bedroom Apartment?

The best deal on a cheap Peru Three Bedroom Apartment rental is at Dixon River Apartments and starts from $910.

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

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With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

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When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

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