Cheap Apartments for Rent near Petersburg, ND from $470 (31 Rentals)

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

property at 307 Shiply Ave E

$490

Total Monthly Price

Total Monthly Price

Base Rent
$490
Total Monthly Price
$490

1 Bedroom, 1 Bath Home for Rent

Available Now

307 Shiply Ave E

BinfordND58416
property at 550 12th St NE

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700
Total Monthly Price
$700

2 Bedroom, 1 Bath Home for Rent

Available Now

550 12th St NE

Valley CityND58072

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 376 4th St E

$724

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$724
Total Monthly Price
$724

2 Bedroom, 1 Bath Townhome for Rent

Available Now

376 4th St E

HalstadMN56548
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715 N 40th St
1 to 3 Bedroom Apartments

715 N 40th St

715 N 40th StGrand Forks, ND 58203
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Showing Results 1-31, Page 1 of 1

Petersburg, ND Local Guide

Cheapest Available Petersburg Apartments for Rent and Nearby

 

The cheapest available apartment rental in Petersburg, ND is a 4 Beds unit found at The Boden priced from $470. Parkwood Senior Living 55+ has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here is today’s list of the most affordable Petersburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The BodenUnit D4BR,2BA$470
Parkwood Senior Living 55+EFF/1B SMStudio,1BA$600
Southwind Apartments2 Bedroom A2BR,2BA$989
Kensington Place Apartments3 Bed 2 Bath | 1213 sqft3BR,2BA$1,428
The Legacy ApartmentsB52BR,2BA$1,460
Stonewood Apartments3 Bedroom 1700 sq. ft.3BR,2BA$1,550
Southpoint ApartmentsB12BR,2BA$1,595
Ashland Apartment HomesC13BR,2BA$1,630
Mallview Apartments3A3BR,2BA$1,650
STEEPLE2 Bed2BR,2BA$1,680

Best Value Apartments for Rent in Petersburg, ND and Nearby

As of August 26, 2026 the best value apartment in the Petersburg area is the $1.00 price per square foot Duplex A Model at Pembrooke Apartments in the starting from $2,000. The second greatest value Petersburg apartment is the 2 Bed Big Model at CARRINGTON COURT starting at $1,720 with a $0.96 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.
Pembrooke ApartmentsDuplex A3BR,3BA$1.00
CARRINGTON COURT2 Bed Big2BR,1.5BA$0.96
Stonewood Apartments3 Bedroom 1700 sq. ft.3BR,2BA$0.91
Campus Place ApartmentsCP5 - 3 Bed/2 Bath | 1,594 SF3BR,2BA$1.07
STEEPLE2 Bed2BR,2BA$1.31
Kensington Place Apartments3 Bed 2 Bath | 1213 sqft3BR,2BA$1.18
Mallview Apartments3A3BR,2BA$1.38
Ashland Apartment HomesC13BR,2BA$1.43
The Legacy ApartmentsB52BR,2BA$1.40
Southwind Apartments2 Bedroom A2BR,2BA$1.01

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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

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Frequently Asked Questions about Cheap Petersburg Apartments

What is the Cheapest Studio apartment in Petersburg?

Currently the most affordable Cheap Studio Apartment in Petersburg is at Parkwood Senior Living 55+ listed at $600.

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

The lowest price for a Cheap One Bedroom Petersburg Apartment is $1,000 at Parkwood Senior Living 55+.

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 $989 at Southwind Apartments.

What is the most affordable Petersburg Three Bedroom Apartment?

The best deal on a cheap Petersburg Three Bedroom Apartment rental is at Kensington Place Apartments and starts from $1,428.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.