Peru, IN

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Peru short-term rental market based on reliable data.

Listings

23 / 31

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$14,463

Middle-Earners Revenue

Occupancy

45%

Middle-Earners Occupancy

Home Value

$147,382

Median Home Sale Price

Top Earners

$23,180

Top-Earners Revenue

Peru

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Peru.

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C

Challenging to Investors

Peru Regulations

STRs are legal but require case‑by‑case special use permits, a public hearing, neighborhood notifications, annual inspections, $500k insurance, and taxes, adding uncertainty and compliance cost for investors.

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About Peru

Peru is a city in, and the county seat of, Miami County, Indiana, United States. It is 73 miles (117 km) north of Indianapolis. The population was 11,073 at the 2020 census, making it the most populous community in Miami County. Peru is located along the Wabash River and is part of the Kokomo-Peru Combined Statistical Area. Residents of Peru usually pronounce the name of Peru like the name of the nation of Peru as it is commonly pronounced in American English. Elderly Hoosiers commonly use the archaic pronunciation of PEE-roo.

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