Home prices
The median home cost in Peru is $127,400. Compared to the surrounding areas this is about $20,060 (18%) higher.Compared to the entire country it is approximately $90,100 (41%) lower, and compared to the city of Rockford is approximately $35,800 (39%) higher.
Rents
Peru's median monthly rent is $744. In comparison to nearby areas it is about $33 (4%) higher.In comparison to the entire nation it is approximately $318 (29%) lower, and in comparison to the city of Rockford is about $28 (3%) lower.
Nearby places
Dalzell
Dalzell is Peru's neighbor to the west. The real estate prices there are similar. Dalzell's median home price is $128,400, which is very similar to Peru. Rent there is a little more expensive. Dalzell's median monthly rent is $808, which works out to $64 (7%) higher than Peru.
LaSalle
LaSalle is Peru's neighbor to the east. The housing prices there are significantly less expensive. The median home in LaSalle costs $92,600, which works out to $34,800 (37%) lower than Peru. Rents there are a little more expensive. In LaSalle the median monthly rent is $837, which comes out to $93 (11%) higher than Peru.
Spring Valley
Spring Valley is roughly 3 miles west of Peru. Housing prices there are somewhat less expensive. The median home in Spring Valley is valued at $113,200, which is $14,200 (12%) lower than Peru. Its rents are a lot less expensive. Spring Valley's median monthly rent is $547, which is $197 (36%) lower than Peru.
Ladd
Ladd is approximately 4 miles northwest of Peru. Housing prices there are a bit less expensive. Ladd's median home price is $103,000, which comes out to $24,400 (23%) lower than Peru. Rent there is similar. The median rent in Ladd is $757 per month, which works out to $13 (1%) higher than Peru.
Oglesby
Oglesby is roughly 4 miles southeast of Peru. Real estate prices there are a little less expensive. The median home price in Oglesby is $99,500, which works out to $27,900 (28%) lower than Peru. Rent there is somewhat less expensive. Oglesby's median monthly rent is $604, which is $140 (23%) lower than Peru.