What's the average rent in Peru, IL?

Rental Market Trends in Peru, IL

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Peru, IL is $950 per month, which is 51% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$950
-25.5%
-$325 decrease month-over-month
-36.7%
-$550 decrease year-over-year

AVAILABLE RENTALS

6

APARTMENTS

HOUSES

TOWNHOUSES

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom
2 Bedrooms$915
3 Bedrooms$1,500
4 Bedrooms
All$950
As of September 2026, the average rent for a 2 bedroom rental in Peru, IL is $915 per month, followed by $1,500 for a 3 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -32% compared to the previous year, which is a $450 decrease.
This year (2026)
Last year (2025)

Rent distribution

67% of rentals have rent of $800-$1,499/month

Rental price range

The price range for rentals is $420 to $1,500.
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