Cheap Apartments for Rent in Petersburg, ND from $500 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in Petersburg.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Petersburg, ND Local Guide

Cheapest Available Petersburg Apartments for Rent and Nearby

 

The cheapest available apartment rental in Petersburg, ND is a 1 Bed unit found at Ridgewood Apartments priced from $785. 715 N 40th St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Petersburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ridgewood Apartments1 Bedroom 1 Bathroom1BR,1BA$785
715 N 40th St1 Bed Model A1BR,1BA$825
Kensington Place Apartments2 Bed 1 Bath | 1073 sqft2BR,1BA$1,094
The Legacy ApartmentsB62BR,2BA$1,365
Ashland Apartment HomesB22BR,1BA$1,425

Best Value Apartments for Rent in Petersburg, ND and Nearby

As of July 03, 2025 the best value apartment in the Petersburg area is the $0.91 price per square foot 3 Bedroom 1700 sq. ft. Model at Stonewood Apartments in the starting from $1,550. The second greatest value Petersburg apartment is the 3 Bed 2 Bath | 1248 sqft Model at McEnroe Place Apartments starting at $1,744 with a $1.40 price per square foot . Here is today’s list of the best values for Petersburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stonewood Apartments3 Bedroom 1700 sq. ft.3BR,2BA$0.91
McEnroe Place Apartments3 Bed 2 Bath | 1248 sqft3BR,2BA$1.40
Cardinal Point ApartmentsB42BR,2BA$1.30
Southpoint ApartmentsC13BR,2BA$1.43
Kensington Place Apartments2 Bed 1 Bath | 1073 sqft2BR,1BA$1.02
Ashland Apartment HomesB22BR,1BA$1.33
The Legacy ApartmentsB32BR,2BA$1.38
The Verge Grand Forks2BR/2BA2BR,2BA$0.81
715 N 40th St1 Bed Model A1BR,1BA$1.04
Ridgewood Apartments1 Bedroom 1 Bathroom1BR,1BA$1.41

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Petersburg, ND

Ranked #48

Among cities in North Dakota for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Petersburg, ND Rentals by Map

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Getting Around Petersburg, ND

Walk Score®

3 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Petersburg Apartments

How much is rent for a Cheap One Bedroom Petersburg Apartment?

The lowest price for a Cheap One Bedroom Petersburg Apartment is $785 at Ridgewood Apartments.

What is the lowest price for a Cheap Two Bedroom Petersburg Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Petersburg is starting from $895 at 715 N 40th St.

What is the most affordable Petersburg Three Bedroom Apartment?

The best deal on a cheap Petersburg Three Bedroom Apartment rental is at Stonewood Apartments and starts from $1,550.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.