Perry, who had a dozen carries, plowed over from short distances twice in the third quarter and then broke free for a 59-yard TD bolt in the fourth quarter.
The win broke a four-game Louisville (6-0, 1-0 Big East) losing streak to the Panthers (2-4, 0-3).
Teddy Bridgewater was 17-for-26 for 304 yards and one touchdown. DeVante Parker caught four passes for 153 yards, including a 78-yard TD play in the third quarter.
Louisville trailed 21-17 at halftime but led 38-21 when the third quarter ended.
Devin Street had 11 catches for 111 yards and a touchdown for the Panthers. Tino Sunseri threw for 287 yards but Pitt was held to 93 yards on the ground and averaged 2.7 yards per carry.
2014: The Year in Music [PHOTOS]