Last updated on October 13, 2026

Average rent in
Peru, IN

Median rent

Median rent in Peru

$912/mo

increased by8%

vs previous year

The average rent in Peru is $912 per month as of October 2026. This is 52% below the national average rent, or $988 less per month.

$1.05

average price per square foot

Total rentals

Available rentals in Peru

11

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Peru rentals at each price point

80%60%40%20%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Peru, IN, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Peru, IN

Average rent prices in Peru have remained the same over the last month and have increased by 8% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Peru, IN

Rent prices in Peru vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Peru is $872, whereas a house costs $1,112. 1-bedroom apartments in Peru run $745 on average, while 2-bedroom apartments are $950.

Listings

Studio

$675

No Change

9%

1 bedroom

$750

8%

5%

2 bedroom

$950

5%

17%

3 bedroom

$1,200

1%

23%

4 bedroom

$1,475

No Change

-

Studio

Average rent

$675

Last year

9%

1 bedroom

Average rent

$750

Last 30 days

8%

Last year

5%

2 bedroom

Average rent

$950

Last 30 days

5%

Last year

17%

3 bedroom

Average rent

$1,200

Last 30 days

1%

Last year

23%

4 bedroom

Average rent

$1,475

The table above reflects average rent prices in Peru, IN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Peru, IN compare to other cities?

Compare median rent prices in Peru and Bunker Hill by all bedroom counts and property types.

Peru

Median rent price$912
decreased by52%

lower than the national median

Median rent price$932
decreased by51%

lower than the national median

Takeaway

The median rent for all rentals in Peru, IN is 2% lower than the median rent in Bunker Hill, IN.

Discover rentals in Peru, IN

36043 Beale Ct #2 - Photo 1 of 1

3d ago

House for rent in Peru

3 beds

1.5 baths

$875

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
283 W Main Street - Photo 1 of 1

5d+ ago

8.5

Very good

283 W Main Street

283 W Main St, Peru, IN 46970

3 beds

1 bath

$929

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
1029 N Lincoln St #1029 - Photo 1 of 1

5d+ ago

House for rent in Peru

EP ESTATES LLC - 1029

1029 N Lincoln St #1029, Peru, IN 46970

3 beds

1 bath

$1,000

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
36013 Beale Ct #36013 - Photo 1 of 1

5d+ ago

House for rent in Peru

EP ESTATES LLC - 36013

36013 Beale Ct #36013, Peru, IN 46970

3 beds

1.5 baths

$1,050

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Peru, IN

Quick answers to common questions about the Peru rental market.

How much is rent in Peru?

The average rent in Peru is $912 per month as of October 10, 2026.

Is rent up or down in Peru?

Average rent prices in Peru have remained the same over the last month and have increased by 8% since last year.

How does Peru rent compare to the national average?

Rent in Peru is 52% below the national average, which means renters are paying approximately $988 less per month.

What salary do I need to afford rent in Peru?

To comfortably afford rent in Peru, you'd need to earn approximately $36,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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