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Peru, IN
Full City Profile · Indiana · Miami County County
2.7
/5.0
C+
Fair
10,835
Population
2,141/sq mi density
$46,180
Median Income
$24,619 per capita
$84,000
Home Value
$147,382 Zillow
$769
Median Rent
29.5% income on rent
51°F
Avg Temperature
275 sunny days/yr
315
Violent Crime/100K
3,207 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$46,180 median income, 5.9% unemployment
A+
Affordability
5.0 / 5.0
$84,000 home value, $769/mo rent
F
Safety
1.0 / 5.0
315 violent crimes/100K
C
Education
2.3 / 5.0
16.5% bachelor's degree or higher
Housing Overview
Median Home Value
$84,000
70% below
US avg: $281,900
Median Rent
$769/mo
34% below
US avg: $1,163/mo
Homeownership Rate
70.8%
8% above US avg (65.4%)
Total Housing Units
5,192
Median year built: 1938
Home Value by Source
Census Median
$84,000
Zillow (ZHVI)
$147,382
Median Sale Price
$115,000
Median List Price
$142,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
70.8%
Owner-Occupied
29.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$769/mo
Market Indicators (Redfin)
Median Days on Market
79 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
9
Price Drops
35.1%
of listings with price reduction
Price Per Sq Ft
$55
Active Inventory
37
homes for sale
Affordability & Housing Stock
Rent Burden
29.5%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
70.8%
Complete Housing Data
Home Values
| Census Median Value | $84,000 |
| Zillow Home Value (ZHVI) | $147,382 |
| Median Sale Price | $115,000 |
| Median List Price | $142,000 |
| Price Per Sq Ft | $55 |
Rent
| Census Median Rent | $769 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 79 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 35.1% |
| Homes Sold | 9 |
| Active Inventory | 37 |
| Price Per Sq Ft | $55 |
Ownership & Stock
| Owner-Occupied | 70.8% |
| Renter-Occupied | 29.2% |
| Homeownership Rate | 70.8% |
| Total Housing Units | 5,192 |
| Median Year Built | 1938 |
| Rent Burden | 29.5% |