Peru, IN Real Estate

According to census data in the year 2000 there were 5,915 housing units in Peru. This represents a 3.2% growth from 5,732 in 1990.

Of those housing units, 5,884 were located in either urbanized areas or urban clusters, and 31 were located in what is classified as a rural area.

Homeownership rate in Peru is about 69%. Peru's vacancy rate, including seasonal lodging, is about 9%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Peru were built after 1941.


Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom13.40%
Two Bedrooms33.60%
Three Bedrooms40.40%
Four Bedrooms10%
Five Bedrooms or more2.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1939
Median Value of occupied units$55,400
Median Price asked for vacant units$53,900

Rented Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1951
Median Monthly Rent asked for vacant units$355

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage8.50%
Home Equity Loan5.70%
Simple Mortgage49%
Debt Free36.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14%