Peru, IL rental market
What is the average rent in Peru, IL?
Last updated May 10, 2026
Rental market summary
The average rent for all bedrooms and all property types in Peru, IL is $1,200.
Average rent
$1,200
Month-over-month change
-$35
Year-over-year change
+$500
Available rentals
7
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $910 to $1,850.
| Rent price | Number of rental properties |
|---|---|
| $900 | 2 |
| $1,100 | 2 |
| $1,200 | 2 |
| $1,300 | 1 |
| $1,400 | 1 |
| $1,500 | 1 |
| $1,800+ | 1 |
Average rent price over time
In the last year, rent has increased by $500 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $1,400 | $1,100 |
| Feb | $1,750 | $900 |
| Mar | $1,100 | $1,300 |
| Apr | $1,250 | $1,250 |
| May | $700 | $960 |
| Jun | $925 | No data |
| Jul | $795 | No data |
| Aug | $900 | No data |
| Sep | $1,400 | No data |
| Oct | $1,500 | No data |
| Nov | $1,200 | No data |
| Dec | $950 | No data |
Market temperature
The Peru, IL rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Peru, IL is 40% lower than the national average.
$1,200
$2,000
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Frequently asked questions
1. What is the average rent in Peru, IL?
2. What is the average rent for a studio apartment in Peru, IL?
3. What is the average rent for a two-bedroom apartment in Peru, IL?
4. What is the average rent for a three-bedroom apartment in Peru, IL?
5. How much does it cost to rent a house in Peru, IL?
6. How has the rent in Peru, IL changed in the last year?
7. How much has the rent in Peru, IL increased/decreased in the last month?
8. How many available rentals are there in Peru, IL?
9. How do rent prices in Peru, IL compare with the national average?
