Apartments for Rent in Peru, IN

Prices and availability in Peru, IN were last updated on 19 Oct 2026.

The best apartments in Peru, IN are: 103 E. 6th St / 69 N. Huntington, 35034 Altus Court, 35025 Altus Court, 69 E. 5th St./ 71 E. 5th St. and Hilltop Ridge.

The price range for a 1-bedroom apartment in Peru, IN is between $600 and $750.

The price range for a 2-bedroom apartment in Peru, IN is between $700 and $750.

In Peru, 29% of the residents are renting compared to 71% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 7% of Peru's rentals, 31% are small-scale complexes with under 50 units, and 57% are single-family rentals.

The average age of rental buildings in Peru is 0 years old, with none being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 0 stories, of which none are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Peru come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 0% of the total apartments in the city, while 2-bedroom floorplans represent around 0% of all rentals in Peru. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.