Peru, IL rental market
Last updated October 3, 2025
Rental market summary
The average rent for all bedrooms and all property types in Peru, IL is $1,200.
$1,200
-$200
+$305
4
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,000 to $1,600.
| Rent price | Number of rental properties |
|---|---|
| $900 | 1 |
| $1,000 | 1 |
| $1,100 | 1 |
| $1,200 | 1 |
| $1,400 | 1 |
| $1,600+ | 1 |
Average rent price over time
In the last year, rent has increased by $305 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $945 | $1,400 |
| Feb | $930 | $1,750 |
| Mar | $995 | $1,100 |
| Apr | $1,400 | $1,250 |
| May | $1,400 | $700 |
| Jun | $1,500 | $925 |
| Jul | $1,300 | $795 |
| Aug | $1,200 | $900 |
| Sep | $895 | $1,400 |
| Oct | $895 | $1,500 |
| Nov | $895 | No data |
| Dec | $1,400 | 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 41% lower than the national average.
$1,200
$2,039
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Frequently asked questions
1. What is the average rent in Peru, IL?
The average rent in Peru, IL is $1,200.
2. How much does it cost to rent a house in Peru, IL?
Houses in Peru, IL rent between $1,000 - $1,600 with an average rent of $1,200.
3. How has the rent in Peru, IL changed in the last year?
In the last year, the rent in Peru, IL increased by $305
4. How much has the rent in Peru, IL increased/decreased in the last month?
In the last month, the rent in Peru, IL decreased by $200
5. How many available rentals are there in Peru, IL?
There are currently 4 rentals available in Peru, IL.
6. How do rent prices in Peru, IL compare with the national average?
The average rent in Peru, IL is $1,200 — 41.15% lower the national average of $2,039.