Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Peru area can be challenging. Home prices in Peru are now at a median cost of $202,301, higher than the Iowa average of $182,666.
The average cost of rent is $982/mo in Peru, primarily driven by the current value of real estate in the Peru area. While nearly 38.44% of residents own their homes outright in Peru, 8.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Peru is $6,820 per month. Households that rent pay about 14.40% of their income on rent here. Peru's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- East Peru, IA: less expensive homes
- Winterset, IA: less expensive homes
- Truro, IA: equally priced homes
- Hanley, IA: equally priced homes
- Patterson, IA: higher priced homes
- St. Charles, IA: equally priced homes
- Lorimor, IA: less expensive homes
- Macksburg, IA: less expensive homes
- Bevington, IA: higher priced homes
- St. Marys, IA: higher priced homes
Cities with Similar Populations
- Wallace, WV: less expensive homes
- Farris, OK: less expensive homes
- Fleming-Neon, KY: less expensive homes
- Flowella, TX: less expensive homes
- Westminster, TX: higher priced homes
- West Wildwood, NJ: higher priced homes
- West Rupert, VT: higher priced homes
- West Pawlet, VT: equally priced homes
- Webbtown, VA: higher priced homes
- Watrousville, MI: less expensive homes
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