Cheap Apartments for Rent in Peterson, MN from $400 (37 Rentals)

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

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Key Randall Apartments
$525 - $575
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$525 - $575
Total Monthly Price
$525 - $575
Studio Apartments Contact Us For Availability

Key Randall Apartments

1258 Randall StWinona, MN 55987
  • Verified
  • Customer Reviewed
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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The Exchange
$1,175 - $1,325
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,250
Required Monthly Fees
$75
Total Monthly Price
$1,175 - $1,325
Studio Apartments Available Now

The Exchange

51 E 4th StWinona, MN 55987
Furnished
  • Verified
  • Utilities Included

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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property at 302 Royal St

$675

Total Monthly Price

Total Monthly Price

Base Rent
$675
Total Monthly Price
$675

Studio, 1 Bath Condo for Rent

Available Jul 1

302 Royal St

OnalaskaWI54650
property at 165 Huff St

$775

Total Monthly Price

Total Monthly Price

Base Rent
$775
Total Monthly Price
$775

1 Bedroom, 1 Bath Condo for Rent

Available Jun 1

165 Huff St

WinonaMN55987
property at 28 6th Ave SE

$1,050

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

1 Bedroom, 1 Bath Townhome for Rent

Available May 11

28 6th Ave SE

RochesterMN55904

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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802 7th St
2 to 4 Bedroom Apartments

802 7th St

802 7th StLa crosse, WI 54601
Student Housing
Showing Results 1-37, Page 1 of 1

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 Lakeview Manor Apartments priced from $800. Clover Patch Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $815. Here is today’s list of the most affordable Peterson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakeview Manor ApartmentsStudioStudio,1BA$800
Clover Patch ApartmentsOne Bedroom1BR,1BA$815
Country Valley16x723BR,2BA$895
Riverview ApartmentsOne Bedroom1BR,1BA$919
C & C ResidencesORI Stride StudioStudio,1BA$930
Gund Brewery Lofts1 Bedroom 1 Bathroom1BR,1BA$935
Fairway Woods ApartmentsOne Bedroom1BR,1BA$949
Elliott Arms ApartmentsOne Bedroom1BR,1BA$1,020
Scenic View TownhomesTwo Bedroom/ One Bathroom2BR,1BA$1,088
The Driftless Senior Apartments and Townhomes1 Bed 1 Bath (ages 55+) - 80% Income Limit1BR,1BA$1,095

Best Value Apartments for Rent in Peterson, MN and Nearby

As of May 08, 2026 the best value apartment in the Peterson area is the $1.24 price per square foot 3 Bedroom Model at The Hub on 6th in the in the Downtown La Crosse neighborhood starting from $1,750. The second greatest value Peterson apartment is the 2 Beds, 1 bath Model at Madison Place starting at $1,800 with a $1.29 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.
The Hub on 6th3 Bedroom3BR,2BA$1.24
Madison Place2 Beds, 1 bath2BR,1BA$1.29
Scenic View TownhomesThree Bedroom/ One Bathroom3BR,1.5BA$0.95
The Residences @ 10272 Beds/2 Baths2BR,2BA$1.25
Country Valley16x723BR,2BA$0.78
5th Ward Residences1 Bedroom | 1 Bath Nook1BR,1BA$1.46
Fairway Woods ApartmentsOne Bedroom1BR,1BA$1.23
Gund Brewery Lofts1 Bedroom 1 Bathroom1BR,1BA$1.33
Riverview ApartmentsOne Bedroom1BR,1BA$1.41
Clover Patch ApartmentsOne Bedroom1BR,1BA$1.52

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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

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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 Lakeview Manor Apartments listed at $800.

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

The lowest price for a Cheap One Bedroom Peterson Apartment is $815 at Clover Patch Apartments.

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 $1,079 at Fairway Woods Apartments.

What is the most affordable Peterson Three Bedroom Apartment?

The best deal on a cheap Peterson Three Bedroom Apartment rental is at Country Valley and starts from $895.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.