Cheap Apartments for Rent in Peterson, MN from $400 (21 Rentals)

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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 Available Now

Key Randall Apartments

1258 Randall StWinona, MN 55987
  • Verified
  • Customer Reviewed
  • Utilities Included
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Key Broadway Apartments
$635 - $695
Total Monthly Price

Total Monthly Price

Base Rent
$635 - $695
Total Monthly Price
$635 - $695
1 Bedroom Apartments Available Now

Key Broadway Apartments

1752 W Broadway StWinona, MN 55987
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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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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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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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Showing Results 1-21, 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 Key Randall Apartments priced from $525. Key Broadway Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $635. Here is today’s list of the most affordable Peterson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Key Randall ApartmentsStudioStudio,1BA$525
Key Broadway ApartmentsBalcony1BR,1BA$635
Lakeview Manor ApartmentsStudioStudio,1BA$800
The Hub on 6thStudioStudio,1BA$830
Country Valley16x723BR,2BA$895

Best Value Apartments for Rent in Peterson, MN and Nearby

As of December 16, 2025 the best value apartment in the Peterson area is the $0.92 price per square foot Three Bedroom/ One Bathroom Model at Scenic View Townhomes in the starting from $1,200. The second greatest value Peterson apartment is the 16x72 Model at Country Valley starting at $895 with a $0.78 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.
Scenic View TownhomesThree Bedroom/ One Bathroom3BR,1.5BA$0.92
Country Valley16x723BR,2BA$0.78
5th Ward Residences2 Bedroom | 2 Bath Corner2BR,2BA$1.28
916 Cedar Drive Luxury ApartmentsTwo Bedroom2BR,2BA$1.32
Golfview Crossing ApartmentsTwo Bedroom2BR,1BA$1.16
Grand River Station1B/1B1BR,1BA$1.38
Garden Terrace Apartments2 Bdrm 50%2BR,1BA$1.35
Fairway Woods ApartmentsOne Bedroom1BR,1BA$1.23
Riverview ApartmentsOne Bedroom1BR,1BA$1.41
Key Broadway ApartmentsBalcony1BR,1BA$1.06

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

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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 Key Randall Apartments listed at $525.

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

The lowest price for a Cheap One Bedroom Peterson Apartment is $635 at Key Broadway 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 $1,029 at Golfview Crossing 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

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.