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Peru, IN Condos for Rent

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  • 283 W Main St Unit 1, Peru, IN 46970
    283 W Main St Unit 1, Peru, IN 46970
    283 W Main St Unit 1, Peru, IN 46970
    /12

    $929 Per Month

    • 3 Beds
    • 1 Bath
    • 850 Sq Ft
    • Condo for Rent

    283 W Main St Unit 1, Peru, IN 46970

    Welcome to our spacious 3-bedroom, 1-bathroom apartment located in Peru, IN. This upstairs level unit features a refrigerator and stove in the kitchen, perfect for preparing meals and storing groceries. With off-street parking available, you'll never have to worry about finding a spot for your vehicle. This unit also offers a beautiful sun room as well as 2 entry ways into the apartment! Don't

    283 W Main St Unit 1, Peru, IN 46970
  • 283 W Main St Unit 1, Peru, IN 46970
    283 W Main St Unit 1, Peru, IN 46970
    283 W Main St Unit 1, Peru, IN 46970
    /12

    $929 Per Month

    • 3 Beds
    • 1 Bath
    • 850 Sq Ft
    • Condo for Rent

    283 W Main St Unit 1, Peru, IN 46970

    Welcome to our spacious 3-bedroom, 1-bathroom apartment located in Peru, IN. This upstairs level unit features a refrigerator and stove in the kitchen, perfect for preparing meals and storing groceries. With off-street parking available, you'll never have to worry about finding a spot for your vehicle. This unit also offers a beautiful sun room as well as 2 entry ways into the apartment! Don't

    283 W Main St Unit 1, Peru, IN 46970
Indiana Miami County

Condos for Rent in Peru, IN

Frequently Asked Questions

How much does it cost to rent a condo in Peru, IN?
The median rent for a condo in Peru, IN is $929 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Peru, IN?
To comfortably afford the median rent in Peru, IN, a household needs to earn roughly $37,160 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $929 per month in Peru, IN, renters typically need to show $2,787 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Peru, IN?
In Peru, IN, the price-to-rent ratio is 12.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Condo Rental Trends in Peru, IN

There are currently 2 condos available for rent in Peru, IN. The median rent is $929 per month, with 3-bedroom condos at $929.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$929
Median 3 Bedroom Condo Rent
$929
How to Rent a Home

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