1. Atlas Home
2. Indiana
3. Peru, IN
Rentometer Atlas BETA

Peru, IN, offers a vibrant metro rental market that blends small‑town charm with convenient access to nearby Indianapolis amenities. Prospective renters will find a variety of housing options, from historic single‑family homes nestled along tree‑lined streets to modern apartment complexes near the downtown square. The area’s walkable neighborhoods—such as the revitalized River Bluff district and the family‑friendly Westside—provide easy proximity to local schools, parks, and the popular Peru Mall, making it an attractive destination for both professionals and families.

Apartment rentals dominate the market, with one‑bedroom units typically sitting in the $800s and two‑bedroom apartments approaching the $1,000 range, reflecting a balanced mix of affordability and space. These figures are supported by both average and median rent data, indicating a stable pricing environment for renters seeking convenience and comfort. While houses are also available, the apartment sector offers a broader selection of layouts and amenities, including in‑unit laundry, fitness centers, and pet‑friendly policies.

Beyond the homes themselves, Peru’s appealing local attractions—such as the historic Central Park, the scenic Mississinewa River trails, and a bustling downtown dining scene—enhance the overall quality of life. Whether you’re searching for a compact studio close to public transit or a spacious two‑bedroom apartment near green spaces, Peru’s rental market provides diverse choices that cater to a range of lifestyle needs while maintaining a welcoming, community‑focused atmosphere.

Peru, IN Rent by Property Type & Bedroom Count

In the current period, the average rent in Peru, IN was $810 for 1 Bedroom, and $954 for 2 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.

Data provided by Rentometer, Inc.