What's the average rent in Peru, IL?
Rental Market Trends in Peru, IL
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SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Peru, IL is $900 per month, which is 53% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$900
-28.0%-$350 decrease month-over-month
-40.0%-$600 decrease year-over-year
AVAILABLE RENTALS
9
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, apartments are the most affordable rental option in Peru, IL at $810 per month, while houses are the most expensive at $1,375 per month. Townhomes average $1,200 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $825 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,375 |
| 4 Bedrooms | — |
| All | $1,200 |
As of May 2026, the average rent for a 1 bedroom rental in Peru, IL is $825 per month, followed by $960 for a 2 bedroom rental, and $1,375 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,200 |
As of May 2026, the average rent for a 2 bedroom townhome in Peru, IL is $1,200 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $825 |
| 2 Bedrooms | $925 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $725 |
As of May 2026, the average rent for a 1 bedroom apartment in Peru, IL is $825 per month, followed by $925 for a 2 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,375 |
| 4 Bedrooms | — |
| All | $1,500 |
As of May 2026, the average rent for a 3 bedroom house in Peru, IL is $1,375 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, there has been no change in rent price.
This year (2026)
Last year (2025)
Rent distribution
73% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $725 to $1,850.
