Cheap Apartments for Rent in Peterson, IA from $400 (42 Rentals)

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

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Sunshine Apartments
$725 - $910
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$725 - $910
Total Monthly Price
$725 - $910
1 Bedroom Apartments Available Now

Sunshine Apartments

1620 Clary StWorthington, MN 56187
Senior Living
  • Verified
  • Low Income
  • Smoke Free

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property at 38897 660th Ave

$800

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

3 Bedroom, 1 Bath Home for Rent

Available Now

38897 660th Ave

ButterfieldMN56120
property at 729 11th Ave

$825

Total Monthly Price

Total Monthly Price

Base Rent
$825
Total Monthly Price
$825

2 Bedroom, 1 Bath Condo for Rent

Available May 1

729 11th Ave, Unit 729

729 11th Ave
SibleyIA51249

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Willow Creek Place
1 Bedroom Apartments

Willow Creek Place

620 14th Ave NELe Mars, IA 51031
Senior Living
  • Utilities Included
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Stately Manor Apartments
1 to 2 Bedroom Apartments

Stately Manor Apartments

1525-1535 Darling DrWorthington, MN 56187
  • Utilities Included
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Dodecagon Plaza
1 to 2 Bedroom Apartments

Dodecagon Plaza

1212 S Grand AveSpencer, IA 51301
  • Utilities Included
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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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Country Side
1 to 3 Bedroom Apartments

Country Side

117 E Walnut StBurt, IA 50522

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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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Buffalo Ridge Apartments
1 to 2 Bedroom Apartments

Buffalo Ridge Apartments

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

Woodland Park - Holstein

400 Minnesota StHolstein, IA 51025
Senior Living
  • Utilities Included
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Fonda Apartments
1 to 2 Bedroom Apartments

Fonda Apartments

304 Fairburn StFonda, IA 50540

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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Oakwood Apartments
1 Bedroom Apartments

Oakwood Apartments

401 S Oak StEllsworth, MN 56129
  • Utilities Included
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Le Mars Estates
2 to 3 Bedroom Apartments

Le Mars Estates

650 4th Ave NELe Mars, IA 51031
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-42, 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 Rolfe 20-Unit priced from $495. Country Side has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Peterson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rolfe 20-Unit1 Bedroom1BR,1BA$495
Country Side1 Bedroom1BR,1BA$525
Deer Creek Apartments1 Bed 1 Bath Apartment1BR,1BA$625
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$701
Park View Apartments1 Bed/ 1 Bath1BR,1BA$725
Sunshine Apartments1 Bedroom and 1 bathroom1BR,1BA$725
Woodland Park - Manson1 BR1BR,1BA$725
District 42Furnished StudioStudio,1BA$735
Valley Park ApartmentsLeifStudio,1BA$750
Seneca Place Apartments1 Bedroom1BR,1BA$775

Best Value Apartments for Rent in Peterson, IA and Nearby

As of April 08, 2026 the best value apartment in the Peterson area is the $0.75 price per square foot Three Bedroom Model at Eagle Ridge Townhomes in the starting from $1,015. The second greatest value Peterson apartment is the Cottage - 3 Model at Fair View starting at $1,440 with a $1.16 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.
Eagle Ridge TownhomesThree Bedroom3BR,1.5BA$0.75
Fair ViewCottage - 33BR,2BA$1.16
Deer Creek Apartments3 Bedroom 1 Bathroom Apartment3BR,1BA$1.16
Ridge OaksEvergreen2BR,1.5BA$1.08
Valley Vue Apartments2 Bedroom 2 Bathroom2BR,2BA$1.21
Ashley Estates2 Bedroom2BR,2BA$1.11
Clifton Estates375.f1BR,1BA$1.08
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$0.93
Rolfe 20-Unit2 Bedroom2BR,1BA$0.97
Sunshine Apartments1 Bedroom and 1 bathroom1BR,1BA$1.21

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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

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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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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 District 42 listed at $735.

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

The lowest price for a Cheap One Bedroom Peterson Apartment is $495 at Rolfe 20-Unit.

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 Nobles Square Apartments and starts from $965.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.