Cheap Apartments for Rent in Peterson, IA from $400 (28 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Willow Creek Place
1 Bedroom Apartments

Willow Creek Place

620 14th Ave NELe Mars, IA 51031
Senior Living
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Dodecagon Plaza
1 to 2 Bedroom Apartments

Dodecagon Plaza

1212 S Grand AveSpencer, IA 51301
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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.

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Stately Manor Apartments
1 to 2 Bedroom Apartments

Stately Manor Apartments

1525-1535 Darling DrWorthington, MN 56187
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Rolfe 20-Unit
1 to 2 Bedroom Apartments

Rolfe 20-Unit

1106-1108 Elm StRolfe, IA 50581
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Buffalo Ridge Apartments
1 to 2 Bedroom Apartments

Buffalo Ridge Apartments

2107 Nobles StWorthington, MN 56187
Senior Living
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Woodland Park - Holstein
1 Bedroom Apartments

Woodland Park - Holstein

400 Minnesota StHolstein, IA 51025
Senior Living
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Oakwood Apartments
1 Bedroom Apartments

Oakwood Apartments

401 S Oak StEllsworth, MN 56129
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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.

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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.

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Showing Results 1-28, Page 1 of 1

Peterson, IA Local Guide

Cheapest Available Peterson Apartments for Rent and Nearby

 

The cheapest available apartment rental in Peterson, IA is a 1 Bed unit found at Burt 18-Unit (Countryside Properties) priced from $525. Rolfe 20-Unit has the second lowest priced unit, which is a 2 Beds apartment currently listed from $595. Here is today’s list of the most affordable Peterson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Burt 18-Unit (Countryside Properties)1 Bedroom1BR,1BA$525
Rolfe 20-Unit2 Bedroom2BR,1BA$595
Deer Creek Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$655
Fonda Apartments1 BR1BR,1BA$700
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$701
Milwaukee Manor Apartments1 bed 1 bath1BR,1BA$725
Park View Apartments1 Bed/ 1 Bath1BR,1BA$725
Woodland Park - Manson1 BR1BR,1BA$725
Windcrest Village Apartments & TownhomesStudio ApartmentStudio,1BA$767
Seneca Place Apartments1 Bedroom1BR,1BA$775

Best Value Apartments for Rent in Peterson, IA and Nearby

As of January 07, 2026 the best value apartment in the Peterson area is the $1.12 price per square foot 3 Bedroom 1 Bathroom Apartment Model at Deer Creek Apartments in the starting from $1,345. The second greatest value Peterson apartment is the 2 Bedroom 2 Bathroom Model at Valley Vue Apartments starting at $1,220 with a $1.26 price per square foot . Here is today’s list of the best values for Peterson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Deer Creek Apartments3 Bedroom 1 Bathroom Apartment3BR,1BA$1.12
Valley Vue Apartments2 Bedroom 2 Bathroom2BR,2BA$1.26
East High LoftsB22BR,1BA$1.22
East Edge ApartmentsGrandview3BR,1BA$1.10
Clifton Estates375.a1BR,1BA$1.17
Country Club Apartments1 Bed, 1 Bath1BR,1BA$1.23
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$0.93
Chambers2 bedroom2BR,1BA$1.07
Rolfe 20-Unit2 Bedroom2BR,1BA$0.97
Fonda Apartments1 BR1BR,1BA$1.17

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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

Explore Peterson, IA Rentals by Map

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See the most popular apartments and homes in Peterson, IA

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Frequently Asked Questions about Cheap Peterson Apartments

What is the Cheapest Studio apartment in Peterson?

Currently the most affordable Cheap Studio Apartment in Peterson is at Windcrest Village Apartments & Townhomes listed at $767.

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

The lowest price for a Cheap One Bedroom Peterson Apartment is $525 at Burt 18-Unit (Countryside Properties).

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

Today's best deal for a Cheap Two Bedroom Apartment in Peterson is starting from $595 at Rolfe 20-Unit.

What is the most affordable Peterson Three Bedroom Apartment?

The best deal on a cheap Peterson Three Bedroom Apartment rental is at East Edge Apartments and starts from $1,030.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!