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 August 2026, the average rent in Peru, IL is $1,080 per month, which is 45% lower than the national average rent of $1,965 per month.
AVERAGE RENT
$1,080
18.7%$170 increase month-over-month
20.0%$180 increase year-over-year
AVAILABLE RENTALS
4
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,080 |
| 3 Bedrooms | $1,500 |
| 4 Bedrooms | — |
| All | $1,080 |
As of August 2026, the average rent for a 2 bedroom rental in Peru, IL is $1,080 per month, followed by $1,500 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $750 |
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,500 |
| 4 Bedrooms | — |
| All | $1,500 |
As of August 2026, the average rent for a 3 bedroom house in Peru, IL is $1,500 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +67% compared to the previous year, which is a +$600 increase.
This year (2026)
Last year (2025)
Rent distribution
40% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $750 to $1,500.
