Cheap Apartments for Rent in Peterson, MN from $400 (19 Rentals)

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Fairway Woods Apartments
$799 - $1,200
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$799 - $1,200
Total Monthly Price
$799 - $1,200
Studio to 3 Bedroom Apartments Available Now

Fairway Woods Apartments

1555 Homer RdWinona, MN 55987
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Peterson, MN Local Guide

Cheapest Available Peterson Apartments for Rent and Nearby

 

The cheapest available apartment rental in Peterson, MN is a Studio unit found at Collective on 4th in the Downtown La Crosse neighborhood priced from $452. Lakeview Manor Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here is today’s list of the most affordable Peterson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Collective on 4thStudioStudio,1BA$452
Lakeview Manor ApartmentsStudioStudio,1BA$800
Great River Residences400 Court St StudioStudio,1BA$850
5th Ward ResidencesSTUDIO w/AlcoveStudio,1BA$899
Garden Terrace Apartments2 Bdrm 50%2BR,1BA$929

Best Value Apartments for Rent in Peterson, MN and Nearby

As of September 06, 2025 the best value apartment in the Peterson area is the $0.86 price per square foot 16x80 Model at Country Valley in the starting from $1,095. The second greatest value Peterson apartment is the Unit C - 2 Bedroom Model at Grasslands Apartments starting at $1,695 with a $1.38 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.
Country Valley16x803BR,2BA$0.86
Grasslands ApartmentsUnit C - 2 Bedroom2BR,2BA$1.38
The Residences @ 10272 Beds/2 Baths2BR,2BA$1.21
RiverPlace2 Bedroom2BR,2BA$1.64
WEDGEWOOD COMMONS3 Bed 2 Bath3BR,2BA$1.38
Riverview ApartmentsTwo Bedroom2BR,1BA$1.15
Fairway Woods ApartmentsTwo Bedroom2BR,1BA$1.13
Golfview Crossing ApartmentsTwo Bedroom2BR,1BA$1.16
The Driftless Senior Apartments and Townhomes1 Bed 1 Bath (ages 55+) - 80% Income Limit1BR,1BA$1.61
Collective on 4thStudioStudio ,1BA$0.90

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Getting Around Peterson, MN

Walk Score®

10 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Collective on 4th listed at $452.

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

The lowest price for a Cheap One Bedroom Peterson Apartment is $474 at Collective on 4th.

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 $929 at Garden Terrace Apartments.

What is the most affordable Peterson Three Bedroom Apartment?

The best deal on a cheap Peterson Three Bedroom Apartment rental is at Collective on 4th and starts from $665.

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.

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

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Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.