
Cheap Homes for Rent in Peterson, IA from $600 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Peterson.


1317 S 28th St

503 Poplar Dr

226 Hawkeye Ave
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.

732 Pleasant St

1019 S 19th St

407 W 1st St

106 Ash St

312 N 7th St

623 N 21st St
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.

625 Beck Ave

205 E 4th St

1504 Cedar St

405 6th St

613 Burton Ln
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.
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 | $1,112 | $600 | $1,800 |
Peterson 3 Bedroom Homes for Rent | $1,715 | $600 | $4,950 |
Peterson 4 Bedroom Homes for Rent | $1,647 | $1,195 | $2,100 |
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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 1 Bed unit found at Burt 18-Unit (Countryside Properties) priced from $450. Rolfe 20-Unit has the second lowest priced unit, which is a 2 Beds apartment currently listed from $500. Here is today’s list of the most affordable Peterson apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Burt 18-Unit (Countryside Properties) | 1 Bedroom | 1BR,1BA | $450 |
Rolfe 20-Unit | 2 Bedroom | 2BR,1BA | $500 |
Woodland Park - Manson | 1 BR | 1BR,1BA | $600 |
Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $700 |
Deer Creek Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $705 |
Best Value Apartments for Rent in Peterson, IA and Nearby
As of May 23, 2025 the best value apartment in the Peterson area is the $0.75 price per square foot 3 Beds, 1.5 baths Model at Eagle Ridge Townhomes in the starting from $1,015. The second greatest value Peterson apartment is the 2 Bed, 2 Bath - Alderwood Model at Woodland Hills Townhomes starting at $1,325 with a $1.22 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. |
---|---|---|---|
Eagle Ridge Townhomes | 3 Beds, 1.5 baths | 3BR,1.5BA | $0.75 |
Woodland Hills Townhomes | 2 Bed, 2 Bath - Alderwood | 2BR,2BA | $1.22 |
East Edge Apartments | Floyd and Dakota | 2BR,1BA | $1.22 |
1601 S Alice St | First Floor | 2BR,1BA | $1.25 |
Country Estates of Morningside | AC.2B.B/P | 2BR,1BA | $1.22 |
Seneca Place Apartments | 2 Bedroom | 2BR,1BA | $1.09 |
Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
Deer Creek Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.13 |
Rolfe 20-Unit | 2 Bedroom | 2BR,1BA | $0.82 |
Woodland Park - Manson | 1 BR | 1BR,1BA | $1.20 |
Quick Rent Budget Calculator
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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.
Frequently Asked Questions about Peterson
What type of rentals are currently available in Peterson?
There are currently 46 Apartments for Rent in Peterson, IA with pricing that ranges from $675 to $2,045. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peterson ranging from $600 to $4,950.
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 $600 to $4,950 with an average monthly rent of $1,287.
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.

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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.