Peru, IN Homes for Rent

Peru, located along the Wabash River, is a small neighborhood known for its rich circus and musical history. The area is home to the International Circus Hall of Fame and hosts the Peru Amateur Circus Festival every July, featuring performances, carnival rides, and a parade. Housing in Peru is affordable, with styles ranging from Colonial Revivals and cottages to bungalows and saltbox designs. The median home price is $133,000, significantly below the national median. Outdoor enthusiasts can enjoy the Peru Riverwalk Park with its walking trails, skate park, and pickleball courts, as well as the nearby Frances Slocum State Forest, which offers hiking, hunting, and equestrian trails. Downtown Peru features local businesses, cocktail lounges, cafes, and restaurants, with popular spots like Aroma Coffee Shop, Gabriel’s Pancake House, and Legend’s Cocktail Lounge. The neighborhood has good highway access, connecting residents to Fort Wayne and Indianapolis, with Fort Wayne International Airport 55 miles away and Indianapolis International Airport 87 miles away. Peru Community Schools system offers solid education options with a high rating. While the area does experience tornadoes and flood risks due to its proximity to the Wabash River, the Mississinewa Dam has helped mitigate flooding issues.