What's the average rent in Peru, IN?

Rental Market Trends in Peru, IN

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Peru, IN is $904 per month, which is 54% lower than the national average rent of $1,965 per month.

AVERAGE RENT

$904

6.4%$54 increase month-over-month

-9.5%-$95 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$855

HOUSES

$1,050

TOWNHOUSES

$1,200

As of August 2026, apartments are the most affordable rental option in Peru, IN at $855 per month, while townhomes are the most expensive at $1,200 per month. Houses average $1,050 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$749
2 Bedrooms	$825
3 Bedrooms	$1,049
4 Bedrooms	$1,230
All	$904

As of August 2026, the average rent for a 1 bedroom rental in Peru, IN is $749 per month, followed by $825 for a 2 bedroom rental, $1,049 for a 3 bedroom rental, and $1,230 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$625
2 Bedrooms	$700
3 Bedrooms	$999
4 Bedrooms	—
All	$700

As of August 2026, the average rent for a 1 bedroom apartment in Peru, IN is $625 per month, followed by $700 for a 2 bedroom apartment, and $999 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$855
3 Bedrooms	$1,049
4 Bedrooms	$1,230
All	$1,050

As of August 2026, the average rent for a 2 bedroom house in Peru, IN is $855 per month, followed by $1,049 for a 3 bedroom house, and $1,230 for a 4 bedroom house.