Peru, IN rental market

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Last updated August 29, 2025

Rental market summary

The average rent for all bedrooms and all property types in Peru, IN is $975.

Average rent

$975

Month-over-month change

-$24

Year-over-year change

+$325

Available rentals

22

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $550 to $2,350.

Rent frequencies
Rent priceNumber of rental properties
$5001
$6003
$7003
$8003
$9007
$1,0003
$1,1003
$1,2002
$2,300+1

Average rent price over time

In the last year, rent has increased by $325 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$749$850
Feb$749$725
Mar$749$875
Apr$625$855
May$749$855
Jun$850$855
Jul$625$855
Aug$650$999
Sep$650No data
Oct$650No data
Nov$850No data
Dec$650No data

Market temperature

The Peru, IN rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Peru, IN is 54% lower than the national average.

Peru, INvs.

$975

$2,100

Rent in Peru, IN

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Frequently asked questions

1. What is the average rent in Peru, IN?

The average rent in Peru, IN is $975.

2. How much does it cost to rent a house in Peru, IN?

Houses in Peru, IN rent between $550 - $2,350 with an average rent of $975.

3. How has the rent in Peru, IN changed in the last year?

In the last year, the rent in Peru, IN increased by $325

4. How much has the rent in Peru, IN increased/decreased in the last month?

In the last month, the rent in Peru, IN decreased by $24

5. How many available rentals are there in Peru, IN?

There are currently 22 rentals available in Peru, IN.

6. How do rent prices in Peru, IN compare with the national average?

The average rent in Peru, IN is $975 — 53.57% lower the national average of $2,100.

Zip codes in Peru, IN