What's the average rent in Peru, IL?

Rental Market Trends in Peru, IL

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Peru, IL is $950 per month, which is 51% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$950
-16.7%
-$190 decrease month-over-month
$950 increase year-over-year

AVAILABLE RENTALS

8

APARTMENTS

$978

HOUSES

$750

TOWNHOUSES

$1,100
As of June 2026, houses are the most affordable rental option in Peru, IL at $750 per month, while townhomes are the most expensive at $1,100 per month. Apartments average $978 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$800
2 Bedrooms$1,080
3 Bedrooms$1,850
4 Bedrooms$1,600
All$950
As of June 2026, the average rent for a 1 bedroom rental in Peru, IL is $800 per month, followed by $1,080 for a 2 bedroom rental, $1,850 for a 3 bedroom rental, and $1,600 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -2% compared to the previous year, which is a $15 decrease.
This year (2026)
Last year (2025)

Rent distribution

78% of rentals have rent of $800-$1,499/month

Rental price range

The price range for rentals is $750 to $1,750.
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