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Newest Homes for Rent in Peru, IN

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  • /35

    Starting at $729 Per Month

    • 1 - 2 Beds

    700 Bobtail Ct, Peru, IN 46970

    Welcome to our newly remodeled apartments in Peru, IN! Situated in a convenient location, these apartments offer a comfortable and modern living experience. Each unit comes equipped with a stove, refrigerator, and microwave, making it easy to prepare meals and entertain guests. The stainless steel appliances add a touch of elegance to the space. With the recent remodel, you'll enjoy updated

    Pechewa Place

    700 Bobtail Ct, Peru, IN 46970
  • /34

    $1,100 Per Month

    • 3 Beds
    • 1 Bath
    • 1,185 Sq Ft
    • Apartment for Rent

    1531 Forbes Ave, Peru, IN 46970

    Come and see this well kept three bedroom one full bath home with hardwood floors throughout the home. The kitchen and bath have tile floors. The kitchen is an eat in kitchen with a breakfast bar area. There is a one car attached garage with garage door opener. There is a nice patio out the back door off the family room. This rental comes with stove, refrigerator, dishwasher, washer and dryer.

    Dee Dee Davis-Richards D.R. Indiana Realty LLC

    1531 Forbes Ave, Peru, IN 46970
  • /20

    Starting at $827 Per Month

    • 2 - 3 Beds

    2920 S Hilltop Dr, Peru, IN 46970

    The feeling of home is clearly evident here at Hilltop Ridge. Beautifully landscaped grounds welcome you to this multi-family community. Once inside on of our spacious 1, 2, and 3 bedroom apartment homes, you will see patios or balconies for relaxation, expansive bedrooms, convenient washer/dryer hookups, and spacious living accommodations.This is located in the Maconaquah School

    Hilltop Ridge

    2920 S Hilltop Dr, 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
  • /20

    $1,125 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,148 Sq Ft
    • House for Rent

    2909 Travis St, Peru, IN 46970

    This 3-bedroom, 1.5-bath home offers approximately 1,148 sq ft of comfortable living space with air conditioning, heat, and laundry hookups. The kitchen includes a refrigerator, stove/oven, and dishwasher, and the home features vinyl floors with carpeted areas, walk-in closets, and extra storage. Enjoy the convenience of a carport, plus a pet-friendly, smoke-free community with trash included.

    2909 Travis St, Peru, IN 46970
  • /19

    $855 Per Month

    • 2 Beds
    • 1 Bath
    • 834 Sq Ft
    • House for Rent

    1005 N Lincoln St, Peru, IN 46970

    + garage (Cozy 2-bed home with one bath, ideal starter space.) Nestled in a park-like setting, our newly renovated community at Eagle's Pointe offers a serene escape with single-family home living for all of our residents. As an Equal Opportunity Housing community, we're committed to providing a welcoming place to live for everyone.With homes ranging from 2–4 bedrooms, Eagle's Pointe

    1005 N Lincoln St, Peru, IN 46970
  • /17

    $1,100 Per Month

    • 3 Beds
    • 2 Baths
    • 1,201 Sq Ft
    • House for Rent

    1703 S Lincoln St, Peru, IN 46970

    + Garage (Well-sized family layout with two full baths) Nestled in a park-like setting, our newly renovated community at Eagle's Pointe offers a serene escape with single-family home living for all of our residents. As an Equal Opportunity Housing community, we're committed to providing a welcoming place to live for everyone.With homes ranging from 2–4 bedrooms, Eagle's Pointe offers

    1703 S Lincoln St, Peru, IN 46970
  • /10

    $1,230 Per Month

    • 4 Beds
    • 2.5 Baths
    • 1,334 Sq Ft
    • House for Rent

    39023 Edwards Ct, Peru, IN 46970

    This 4-bedroom, 2.5-bath home offers approximately 1,334 sq ft of spacious living with air conditioning, heat, and laundry hookups. The kitchen includes a refrigerator, stove/oven, and dishwasher, and the home features vinyl floors with carpeted areas plus walk-in closets. Enjoy the convenience of a carport in a pet-friendly (dog-friendly), smoke-free community with trash included. Nestled in

    39023 Edwards Ct, Peru, IN 46970
  • /20

    $1,000 Per Month

    • 3 Beds
    • 1 Bath
    • 941 Sq Ft
    • House for Rent

    1029 N Lincoln St, Peru, IN 46970

    + Garage Nestled in a park-like setting, our newly renovated community at Eagle's Pointe offers a serene escape with single-family home living for all of our residents. As an Equal Opportunity Housing community, we're committed to providing a welcoming place to live for everyone.With homes ranging from 2–4 bedrooms, Eagle's Pointe offers a wide range of affordable living options, all

    1029 N Lincoln St, Peru, IN 46970
  • /10

    $1,050 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,080 Sq Ft
    • House for Rent

    36013 Beale Ct, Peru, IN 46970

    This 3-bedroom, 1.5-bath home offers approximately 1,080 sq ft of comfortable living space with air conditioning, laundry hookups, and garage parking. The kitchen includes a refrigerator, stove/oven, and dishwasher, and the home features vinyl floors, carpeted areas, walk-in closets, and extra storage. Pet-friendly and located in a smoke-free community, with trash included.+GARAGE

    36013 Beale Ct, 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
  • /15

    Starting at $895 Per Month

    • 1 - 3 Beds

    548 Sycamore Trail, Peru, IN 46970

    Wabash River Commons is a new community offering great amenities with views that overlook the Wabash river and is conveniently located right next to the Peru YMCA.

    Wabash River Commons

    548 Sycamore Trail, Peru, IN 46970

Frequently Asked Questions

How much does it cost to rent a home in Peru, IN?
The median rent for a home 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.
What neighborhoods in Peru, IN are best for renting a home?
The best neighborhood for renting in Peru, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Bon Air and Old Silk Stocking, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
12
Median Rent
$929
Median Single Family Home Rent
$900
Median Condo Rent
$929
How to Rent a Home