Peru, La Salle County, IL

Median Home Price Price

$163,323 $163.3K

Median Monthly Rent Rent

$1,129 $1.1K

12.0x

Market Snapshot

Peru, La Salle County, IL is a city market with a median home price of $163,323, a median monthly rent of $1,129, a GRM of 12.0x, and a price-to-rent ratio of 12.1.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

Within La Salle

No same-county alternatives are available for this market yet.

More markets to explore

01 Gridley, McLean County, IL
Top recommendation Within state Higher GRM Premium price Lower rent Rent momentum
High confidence
Price $196.6K
Rent $1K
GRM 16.0x
Explore the data

No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Gridley, McLean County, IL
$197K $1.0K 16.0x
Milan, Rock Island County, IL
$176K $1.1K 14.0x
Glasford, Peoria County, IL Explore deeper
$181K $1.0K 15.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Petersburg, Monroe County, MI
$288K $1.1K 22.0x
Vienna Center, Trumbull County, OH
$171K $995 14.0x
Airport Drive, Jasper County, MO
$258K $1.0K 21.0x

Home prices

Monthly rent

GRM = home price / annual rent

Peru

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Benchmark comparison

Rent in Peru, IL is 11.6% higher than Gridley, IL.

Compare to Gridley, IL
Peru, IL
Gridley, IL
Delta
Median rent
$1,129
$1,012
-$117
Median price
$163,323
$196,554
+$33,231
YoY change
+$108
+$100
-$8
Price-to-rent
12.1x
16.2x
+4.1x

Key takeaways

  • Peru, La Salle County, IL has a lower-grm screening profile: At 12.0x GRM, current rent may provide stronger support relative to price.
  • Low GRM can also reflect operating friction, softer appreciation expectations, or local risk that GRM does not capture.
  • Rent momentum is positive, with median rent up about $108 year over year.
  • Rent in Peru, IL is 11.6% higher than Gridley, IL.