
Cheap Homes for Rent in Peterson, IA from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Peterson.


305 W Wenberg St

2102 Gary Ave

117 S Rutledge St

403 Charles St

909 5th Ave N

301 S Prairie St

301 Luverne St.

1019 Ave C

1302 Pierce St

1710 W 14th St
Peterson, IA Local Guide

How much does it cost to rent a home in Peterson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peterson 2 Bedroom Homes for Rent | $1,221 | $715 | $2,150 |
| Peterson 3 Bedroom Homes for Rent | $1,692 | $850 | $2,500 |
| Peterson 4 Bedroom Homes for Rent | $1,366 | $1,200 | $1,700 |
| Peterson 5 Bedroom Homes for Rent | $1,600 | $1,600 | $1,600 |
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Peterson, IA Local Guide
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Cheapest Available Peterson Apartments for Rent and Nearby
 The cheapest available apartment rental in Peterson, IA is a 2 Beds unit found at Rolfe 20-Unit priced from $500. Tallgrass Village Apartments & Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $655. Here is today’s list of the most affordable Peterson apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rolfe 20-Unit | 2 Bedroom | 2BR,1BA | $500 |
| Tallgrass Village Apartments & Townhomes | Studio Apartment | Studio,1BA | $655 |
| Deer Creek Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $665 |
| Windcrest Village Apartments & Townhomes | 1 Bed 1 Bath Apartment | 1BR,1BA | $670 |
| Woodland Park - Holstein | 1 BR | 1BR,1BA | $700 |
Best Value Apartments for Rent in Peterson, IA and Nearby
As of November 12, 2025 the best value apartment in the Peterson area is the $1.13 price per square foot 3 Bedroom 1 Bathroom Apartment Model at Deer Creek Apartments in the starting from $1,360. The second greatest value Peterson apartment is the 2 Bed, 2 Bath - Willow Model at Woodland Hills Townhomes starting at $1,495 with a $1.27 price per square foot . Here is today’s list of the best values for Peterson apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Deer Creek Apartments | 3 Bedroom 1 Bathroom Apartment | 3BR,1BA | $1.13 |
| Woodland Hills Townhomes | 2 Bed, 2 Bath - Willow | 2BR,2BA | $1.27 |
| Valley Vue Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.26 |
| Country Club Apartments | 2 Bed, 1 Bath | 2BR,1BA | $1.24 |
| Clifton Estates | 375.a | 1BR,1BA | $1.08 |
| Seneca Place Apartments | 2 Bedroom | 2BR,1BA | $1.12 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
| Chambers | 2 bedroom | 2BR,1BA | $1.07 |
| Cypress Pointe Apartments | 2 Bedroom | 2BR,1BA | $1.26 |
| Rolfe 20-Unit | 2 Bedroom | 2BR,1BA | $0.82 |
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Frequently Asked Questions about Peterson
What type of rentals are currently available in Peterson?
There are currently 53 Apartments for Rent in Peterson, IA with pricing that ranges from $655 to $3,687. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peterson ranging from $715 to $2,500.
What is the current price range for Rental Homes in Peterson?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Peterson ranges from $715 to $2,500 with an average monthly rent of $1,325.
How much are larger Three and Four Bedroom Rentals in Peterson?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Peterson range from $1,105 to $3,687, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $1,498.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.