Peru

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Peru, IN Area Guide

Avg Rent

$814

Population

11,771

Renter Mix

34% Rent

This Peru is better known for the circus than ceviche

Riverside Scenic Historic Affordable Laidback

Located on the banks of the Wabash River, Peru is a charming city nestled in north-central Indiana’s Miami County. Nicknamed the Circus Capital of the World, Peru boasts a rich history in the circus industry that dates back to the late 1800s. Peru honors its storied past with the annual Circus City Festival as well as the International Circus Hall of Fame and the thriving Peru Amateur Circus.

Peru’s eclectic charm doesn’t end with its circus ties. The city touts a historic downtown area centered on Main Street and Broadway, where the community comes together to enjoy an array of eateries, specialty shops, and one-of-a-kind museums. The Peru community also delights in a broad range of houses and apartments available for rent on tree-lined streets.

Demographics

Median Household Income

$46,789

Average: $61,585

Education

1,508

Residents Have a Degree

Job Market

5,559

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

41 Years

Largest Age Group

10-19 Years

Approximately 13% of Residents

Under 20

25%

Over 65

19%

Housing Distribution

Peru has more homeowners than renters.

Renters
34%
Non-Renters
66%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
9%
Other Education
91%

Rent Trends

As of April 2026, the average apartment rent in Peru, IN is $814 for one bedroom, $881 for two bedrooms, and $838 for three bedrooms. Apartment rent in Peru has increased by 0.0% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$814/month
671 Sq Ft
House
$1,010/month
624 Sq Ft
See Rental Market Trends in Peru, IN

Getting Around

Somewhat Walkable

Walkability

30 / 100

Very Drivable

Drivability

80 / 100

Fairly Bikeable

Bikeability

50 / 100

Schools

Blair Pointe Upper Elementary

Public

Grades K-5

552 Students

Elmwood Primary Learning Center

Public

Grades PK-5

421 Students

Pipe Creek Elementary School

Public

Grades PK-5

355 Students

Peru Junior-Senior High School

Public

Grades 6-12

883 Students

Peru Junior High School

Public

Grades 7-8

361 Students

Peru Junior-Senior High School

Public

Grades 6-12

883 Students

Points of Interest

Top Apartments in Peru

Houses for Rent in Peru

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.