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Apartments for Rent in Peru, IN under $1500

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  • Only 1 unit left
    1 bd $700
    2 bd $750
    Base rent
    Verified Listing

    103 E. 6th St / 69 N. Huntington

    103 E. 6Th St / 69 N. Huntington, Peru, IN 46970
    Apply online • Pet friendly
  • 4 bd $1,200
    Base rent
    Verified Listing

    3402 Westover Street

    3402 Westover Street, Peru, IN 46970
    Pet friendly

  • More Rentals Near Peru, IN

  • 1 bd $995+
    2 bd $1,125
    Base rent
    Verified Listing

    Canterbury House - Logansport

    3405 Lindsay Drive, Logansport, IN 46947
    Apply online • Pet friendly • In unit laundry
  • Ask for Pricing
    Income restricted
    Verified Listing

    Kingston Square

    4.5 (20)
    1495 North Webster, Kokomo, IN 46901
    Pet friendly • Parking • Fitness center
  • 2-2-city

Frequently asked questions

When were prices and availability in Peru, IN last updated?

Prices and availability in Peru, IN were last updated on 4 Sep 2026.

What are the best apartments in Peru, IN?
What type of rental buildings are in Peru, IN?

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.

Renting apartments in Peru, IN under $1,500

Searching for apartments for rent in Peru, IN under $1,500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $1,500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Peru, IN. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Peru, IN going for $700 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.