What is the rental vacancy rate in Peru, IN?
The rental vacancy rate in Peru, IN is 10.1% (±6.1 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.5% (±1.9 points).
826 (±198) homes, 15.7% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Peru, the rental vacancy rate went from 0.8% in 2015–2019 to 10.1% in 2020–2024 (+9.3 percentage points), a measurable increase.
Figures last updated on .
- Rental vacancy rate
- 10.1% (±6.1 points)
- Homeowner vacancy rate
- 1.5% (±1.9 points)
- Vacant homes
- 826 (±198)
Vacancy in Peru against Miami County, its state and the nation
| Peru | Miami County | Indiana | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 10.1% (±6.1 points) | 8.1% (±3.0 points) | 5.6% (±0.3 points) | 5.5% |
| Homeowner vacancy rate | 1.5% (±1.9 points) | 0.6% (±0.7 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 826 (±198) | 1,634 (±246) | 260,559 (±6,417) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Peru, the rental vacancy rate is not measurably different from Miami County (8.1%).
It is not measurably different from Indiana (5.6%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Peru
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Peru | — | 10.1% (±6.1 points) | — |
| Peru Township | 1.5 mi | 8.8% (±7.0 points) | Not measurably different |
| Washington Township (Miami County) | 4.2 mi | 9.1% (±9.5 points) | Not measurably different |
| Erie Township | 5.0 mi | 0.0% (±100.0 points) | Not measurably different |
| Jefferson Township (Miami County) | 5.2 mi | 0.0% (±19.7 points) | Not measurably different |
| Pipe Creek Township (Miami County) | 5.4 mi | 10.4% (±5.3 points) | Not measurably different |
| Butler Township (Miami County) | 6.2 mi | 0.0% (±67.9 points) | Not measurably different |
| Bunker Hill | 7.0 mi | 6.6% (±11.4 points) | Not measurably different |
| Denver | 7.3 mi | 0.0% (±52.4 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Miami County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Amboy | 52.9% (±45.1 points) |
| 2 | Jackson Township (Miami County) | 13.8% (±17.4 points) |
| 3 | Pipe Creek Township (Miami County) | 10.4% (±5.3 points) |
| 4 | Peru | 10.1% (±6.1 points) |
| 5 | Converse | 9.8% (±17.6 points) |
| 6 | Washington Township (Miami County) | 9.1% (±9.5 points) |
| 7 | Peru Township | 8.8% (±7.0 points) |
| 8 | Bunker Hill | 6.6% (±11.4 points) |
| 9 | Grissom AFB | 3.9% (±4.4 points) |
| 10 (tie) | Denver | 0.0% (±52.4 points) |
Showing 10 of 20 places in Miami County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Peru
Is it hard to find a rental in Peru?
The rental vacancy rate in Peru, IN is 10.1% (±6.1 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Peru tighter than it was?
In Peru, the rental vacancy rate went from 0.8% in 2015–2019 to 10.1% in 2020–2024 (+9.3 percentage points), a measurable increase.
How many homes are vacant in Peru?
An estimated 826 (±198) housing units, 15.7% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Peru city, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Peru city, Indiana
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Peru city, Indiana (place:59328, in state:18).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Peru at a glance
- Median rent in Peru
- Rent by bedrooms in Peru
- Rent burden in Peru
- Renters and owners in Peru
- Income and affordability in Peru
- Home values in Peru
- Homeowner costs in Peru
- Property taxes in Peru
- Types of homes in Peru
- Bedrooms in Peru
- Age of homes in Peru
- Heating fuel in Peru
- Commute and cars in Peru
- Crime reported to police in Peru
- Population growth in Peru
- How long people stay in Peru
- Crowding and facilities in Peru
- Indiana landlord and tenant rules
- Housing across Miami County
- Indiana places ranked by rental vacancy rate
- Housing data for every place in Indiana