Peru, IN
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Peru short-term rental market based on reliable data.
Listings
17 / 32
Reliable / Active
Cap Rate
12%
Middle-Earners Gross Yield
Revenue
$17,527
Middle-Earners Revenue
Occupancy
51%
Middle-Earners Occupancy
Home Value
$144,614
Median Home Sale Price
Top Earners
$24,504
Top-Earners Revenue
Peru
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Peru.
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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.
Local STR Agent
STR specialist · Peru, IN
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.