Cheap Apartments for Rent in Peterson, MN from $400 (20 Rentals)

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

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.

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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.

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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.

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Showing Results 1-20, 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 Collective on 4th in the Downtown La Crosse neighborhood priced from $452. Key Randall Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $525. Here is today’s list of the most affordable Peterson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Collective on 4thStudioStudio,1BA$452
Key Randall ApartmentsStudio, 1 bathStudio,1BA$525
Lakeview Manor ApartmentsStudioStudio,1BA$725
5th Ward ResidencesSTUDIO ADAStudio,1BA$799
The Driftless Apartments1 Bed 1 Bath (ages 55+) - 80% Income Limit1BR,1BA$883

Best Value Apartments for Rent in Peterson, MN and Nearby

As of June 03, 2025 the best value apartment in the Peterson area is the $1.37 price per square foot 3 Bedroom Model at The Hub on 6th in the in the Downtown La Crosse neighborhood starting from $1,940. The second greatest value Peterson apartment is the 16x80 Model at Country Valley starting at $1,095 with a $0.86 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$1.37
Country Valley16x803BR,2BA$0.86
The Ave3 bedroom3BR,1BA$0.58
WEDGEWOOD COMMONS3 Bed 2 Bath3BR,2BA$1.38
Riverview ApartmentsTwo Bedroom2BR,1BA$1.15
Fairway Woods ApartmentsOne Bedroom1BR,1BA$1.23
The Driftless Apartments1 Bed 1 Bath (ages 55+) - 80% Income Limit1BR,1BA$1.30
Golfview Crossing ApartmentsOne Bedroom1BR,1BA$1.34
Washington Crossing1 Bedroom1BR,1BA$1.59
Collective on 4thStudioStudio ,1BA$0.90

Quick Rent Budget Calculator

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

Explore Peterson, MN Rentals by Map

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See the most popular apartments and homes in Peterson, MN

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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 $571 at Collective on 4th.

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 Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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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.

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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.

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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.