In Peru, a typical home is worth $154,300 and typical rent is $921 a month. Home values, rent and income are very close to those of all of LaSalle County.
Typical home value from Zillow, September 2021 to September 2026: from $141,254 to $182,905.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Peru is in LaSalle County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of LaSalle County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in LaSalle, the typical home value is $113,500: 26% less than in Peru ($154,300).
2
Nearby, in Mendota, the typical rent is $773: 16% less than in Peru ($921).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Peru
What homes there are in Peru, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Peru
LaSalle County
Illinois
United States
Kind of home: Peru and its comparisons
Measure
Peru
LaSalle County
Illinois
United States
Detached house
85%
79%
58%
61%
Attached house
Unreliable estimate
3%
6%
6%
Building of 2 to 4
5%
8%
12%
8%
Apartments (5 or more)
Unreliable estimate
6%
22%
19%
Mobile home
Unreliable estimate
4%
2%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses, standing on their own, make up 85% of homes here, against 79% in LaSalle County.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Peru
LaSalle County
Illinois
United States
Year built: Peru and its comparisons
Measure
Peru
LaSalle County
Illinois
United States
Before 1960
55%
47%
38%
26%
1960–1979
26%
23%
26%
24%
1980–1999
13%
17%
20%
25%
2000–2009
6%
10%
11%
14%
2010 or later
Unreliable estimate
4%
6%
11%
In Peru, half of the homes were built before 1958; in LaSalle County, before 1963.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K22%
$100K–$200K46%
$200K–$300K24%
$300K–$500K7%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Peru and its comparisons
Measure
Peru
Under $100K
22%
$100K–$200K
46%
$200K–$300K
24%
$300K–$500K
7%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
With an FHA limit of $541,287, at least 98% of owner-occupied homes in Peru sit below it: they are worth less than $500,000.
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99952%
$1,000–$1,49927%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Peru and its comparisons
Measure
Peru
Under $500
Unreliable estimate
$500–$999
52%
$1,000–$1,499
27%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable
With a mortgage
$1,255 a month
LaSalle County: $1,476 a month
Without a mortgage
$560 a month
LaSalle County: $624 a month
Owners with a mortgage
52%
LaSalle County: 54%
Owning costs less in Peru: with a mortgage, the typical cost is $1,255 a month; in LaSalle County, $1,476. Without one, $560.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Peru+21%
LaSalle County+27%
Illinois+35%
United States+53%
Typical rent
Peru+24%
LaSalle County+19%
Illinois+26%
United States+33%
Typical household income
Peru+46%
LaSalle County+26%
Illinois+27%
United States+29%
Change since 2015–2019: Peru and its comparisons
Measure
Peru
LaSalle County
Illinois
United States
Typical home value
+21%
+27%
+35%
+53%
Typical rent
+24%
+19%
+26%
+33%
Typical household income
+46%
+26%
+27%
+29%
From 2015–2019 to 2020–2024, the typical home value in Peru rose 21%; in LaSalle County, it rose 27%.
Since 2015–2019, the typical rent in Peru rose 24%, more than in LaSalle County (19%).
The typical household income in Peru rose 46%: more than home values (+21%) and rent (+24%).
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Peru and its comparisons
Measure
Peru
LaSalle County
Illinois
United States
Rental vacancy
Unreliable estimate
3.9%
5.0%
5.5%
Homeowner vacancy
Unreliable estimate
1.2%
1.0%
0.9%
More than one person per room
Unreliable estimate
1.7%
2.5%
3.4%
People per household
2.13
2.33
2.46
2.53
Drive alone
80%
83%
66%
69%
Carpool
Unreliable estimate
8%
8%
9%
Public transit
Unreliable estimate
Unreliable estimate
6%
3%
Walk or bike
Unreliable estimate
2%
3%
3%
Work from home
5%
5%
16%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
10 to 19 minutes
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
On average, a household in Peru has 2.13 people, fewer than in LaSalle County (2.33).
The car rules in Peru: 80% of workers drive to work alone, and the typical trip takes 10 to 19 minutes.
Do the math
What would you pay each month for a home in Peru?
A typical home is within reach of the typical income
We start with a typical home in Peru, worth $154,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 22% of the typical household income in Peru, which is $74,808 a year.
The calculator's FHA and conventional loan limits are those of all of LaSalle County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Peru. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $5,401 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,393
at 7.18% · 30 years
Loan amount
$151,505
Total interest
$217,980
Paid off in
November 2056
Includes $2,606 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,746 a month
Your payment · 22%
Tight
$1,746 to $2,244 a month
Hard
more than $2,244 a month
Compared with the typical household income in Peru ($74,808 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,026
Property tax
$234
Home insurance
$64
FHA mortgage insurance (MIP)
$68
You need at least $5,401 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,393; principal and interest $1,026.
The city and its county
Peru and LaSalle County
Peru is in LaSalle County, Illinois. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Peru
Map of LaSalle County, Illinois, with Peru marked. Around it, the neighboring counties.
Peru
LaSalle County
Other cities with a page
Peru's own numbers
Typical home value
$154,300
Typical monthly rent
$921
Typical yearly household income
$74,808
Households that own their home
75%
Effective property tax rate
1.82%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of LaSalle County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,052
Price change over 5 years (FHFA)
+52%
Homes in a high flood-risk zone
1.6%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of LaSalle County.
A typical home in Peru is worth $154,300: 5% below the county and 41% below Illinois. With the typical household income in Peru ($74,808 a year), a typical home costs 2.1 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Peru2.1 years
LaSalle2.2 years
Illinois3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in LaSalle County
According to FHFA’s house price index, home prices in LaSalle County rose 71% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of LaSalle County.
Yearly change in FHFA’s price index in LaSalle County, 2016 to 2025
2016: +2.5% +2.5% 2016
2017: +1.0% +1.0% 2017
2018: +3.6% +3.6% 2018
2019: +4.2% +4.2% 2019
2020: +1.1% +1.1% 2020
2021: +8.6% +8.6% 2021
2022: +11.1% +11.1% 2022
2023: +7.8% +7.8% 2023
2024: +8.0% +8.0% 2024
2025: +8.1% +8.1% 2025
Change in FHFA’s price index in LaSalle County, Illinois and the United States
Period
County
Illinois
U.S.
Last year (2025)
+8.1%
+5.7%
+2.9%
5 years (2020–2025)
+52%
+47%
+47%
10 years (2015–2025)
+71%
+65%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Peru next to LaSalle County, Illinois and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Peru$154,300
LaSalle$161,900
Illinois$263,300
United States$332,700
Typical monthly rent
Peru$921
LaSalle$928
Illinois$1,274
United States$1,413
Typical yearly household income
Peru$74,808
LaSalle$73,045
Illinois$83,390
United States$80,734
See the full table
Peru next to LaSalle County and Illinois
Measure
Peru
LaSalle County
Illinois
U.S.
Typical home value
$154,300 ▼5% below the county
$161,900
$263,300
$332,700
Typical monthly rent
$921
$928
$1,274
$1,413
Typical yearly household income
$74,808 ▲2% above the county
$73,045
$83,390
$80,734
Households that own their home
75% ▲1 points above the county
74%
67%
65%
Typical yearly property tax
$2,804 ▼18% below the county
$3,418
$5,298
$3,119
Effective property tax rate
1.82% ▼0.29 points below the county
2.11%
2.01%
0.94%
Renters with high rent for their income
38% ▼5 points below the county
43%
48%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below LaSalle County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Peru
For a typical $154,300 home in Peru, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Peru's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,393a month
Least cash to close
Down payment
$5,401
Cash to close
$10,030
Rate
7.18%
Mortgage insurance
FHA MIP · $68
Conventional, 5% down$1,365a month
Down payment
$7,715
Cash to close
$12,344
Rate
7.18%
Mortgage insurance
PMI · $73
Conventional, 20% down, no PMI$1,135a month
Down payment
$30,860
Cash to close
$35,489
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,277a month
Down payment
$23,145
Cash to close
$27,774
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Peru
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,393
$5,401
$151,505
7.18%
FHA MIP · $68
$10,030
580
Conventional, 5% down
$1,365
$7,715
$146,585
7.18%
PMI · $73
$12,344
620*
Conventional, 20% down, no PMI
$1,135
$30,860
$123,440
7.18%
None
$35,489
620*
ITIN, 15% down (example)
$1,277
$23,145
$131,155
8.18%
None
$27,774
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Peru is $921 a month: about the same as the county. In Peru, 38% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of LaSalle County, by unit size. To pay the 2-bedroom one ($1,052 a month) without spending more than 30% of your income, you would need to earn $20.23 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in LaSalle County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$733
$14.10
$29,320
1 bedroom
$804
$15.46
$32,160
2 bedrooms
$1,052
$20.23
$42,080
3 bedrooms
$1,369
$26.33
$54,760
4 bedrooms
$1,688
$32.46
$67,520
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Peru
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Peru is in ZIP code 61354.
For 2 bedrooms it is $980: $72 less than the fair market rent for LaSalle County ($1,052).
Fair market rent by ZIP code and size in Peru, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
61354
$700
$770
$980
$1,300
$1,570
ZIP code2 bd3 bd
61354 $980$1,300
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Peru when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in LaSalle County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Peru or LaSalle County. The ones below are statewide in Illinois: they work in Peru the same as in the rest of the state.
IHDA second loan with no payments until you sell or refinance, for the down payment in Illinois.Offered by Illinois Housing Development Authority (IHDA).
No legal help resource on our list is for Peru or LaSalle County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Peru and all of LaSalle County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Peru?
The typical home value in Peru is $154,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in LaSalle County it is $161,900.
How much does it cost to rent in Peru?
Typical rent in Peru is $921 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in LaSalle County is $1,052.
What is the FHA loan limit in Peru?
Peru uses the FHA limit for all of LaSalle County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Peru?
The typical homeowner in Peru pays $2,804 a year, according to the U.S. Census Bureau. That is 1.82% of the home’s value; in LaSalle County, the rate is 2.11%.
Where can I find free help to buy or rent in Peru?
We found no HUD-approved counseling agencies with an office in LaSalle County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
