Cheap Apartments for Rent near Peterson, MN from $400 (35 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Key Randall Apartments
$580 - $625
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$580 - $625
Total Monthly Price
$580 - $625
Studio Apartments Contact Us For Availability

Key Randall Apartments

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
close
View Me
The Exchange
$1,175
Total Monthly Price

Total Monthly Price

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

The Exchange

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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
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 Now

302 Royal St

OnalaskaWI54650
close
View Me
Collective on 4th
Studio to 3 Bedroom Apartments

Collective on 4th

403 Jackson StLa crosse, WI 54601
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 Now

28 6th Ave SE

RochesterMN55904
property at 1872 Deerhaven Ln NE

$1,145

Total Monthly Price

Total Monthly Price

Base Rent
$1,145
Total Monthly Price
$1,145

1 Bedroom, 1 Bath Home for Rent

Available Aug 10

1872 Deerhaven Ln NE

RochesterMN55906
property at 19771 Park Dr

$1,150 - $1,350

2 To 3 Bedroom Rentals

Available Sep 1

19771 Park Dr

GalesvilleWI54630
close
View Me
802 7th St
2 to 4 Bedroom Apartments

802 7th St

802 7th StLa crosse, WI 54601
Student Housing

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.

Read Article
close
View Me
River's Edge Apartments
Studio to 2 Bedroom Apartments

River's Edge Apartments

403 Gillette StLa crosse, WI 54603
  • Utilities Included
property at 2094 11th Ave SE

$1,250

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

2094 11th Ave SE

RochesterMN55904
Showing Results 1-35, 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 1 Bed unit found at Whitewater Way Apartments priced from $695. WEDGEWOOD COMMONS in the Downtown La Crosse neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here is today’s list of the most affordable Peterson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Whitewater Way Apartments1-Bedroom/1-Bathroom1BR,1BA$695
WEDGEWOOD COMMONSEfficiency 1 BathStudio,1BA$775
Lakeview Manor ApartmentsStudioStudio,1BA$800
Clover Patch ApartmentsOne Bedroom1BR,1BA$815
The Hub on 6thStudioStudio,1BA$850
Gund Brewery Lofts1 Bedroom 1 Bathroom1BR,1BA$929
C & C ResidencesOri Shift StudioStudio,1BA$930
The Driftless Senior Apartments and Townhomes1 Bed 1 Bath (ages 55+) - 50% Income Limit1BR,1BA$958
Riverview ApartmentsOne Bedroom1BR,1BA$969
Elliott Arms ApartmentsDeluxe Corner Studio (Includes Heat)Studio,1BA$970

Best Value Apartments for Rent in Peterson, MN and Nearby

As of August 08, 2026 the best value apartment in the Peterson area is the $1.29 price per square foot 2 Beds, 1 bath Model at Madison Place in the starting from $1,800. The second greatest value Peterson apartment is the Three Bedroom/ One Bathroom Model at Scenic View Townhomes starting at $1,236 with a $0.95 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.
Madison Place2 Beds, 1 bath2BR,1BA$1.29
Scenic View TownhomesThree Bedroom/ One Bathroom3BR,1.5BA$0.95
1125-1135 State Street1135 State 3 BR3BR,1BA$1.22
The Residences @ 10272 Beds/2 Baths2BR,2BA$1.25
5th Ward Residences2 Bedroom | 2 Bath Corner2BR,2BA$1.28
Golfview Crossing ApartmentsTwo Bedroom2BR,1BA$1.18
Grand River Station1B/1B1BR,1BA$1.31
Gund Brewery Lofts1 Bedroom 1 Bathroom1BR,1BA$1.09
Fairway Woods ApartmentsOne Bedroom1BR,1BA$1.27
Whitewater Way Apartments1-Bedroom/1-Bathroom1BR,1BA$1.17

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

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

Explore Peterson, MN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Peterson, MN

View Map
Peterson, MN Apartments Map
View Map
Peterson, MN Rental Homes Map

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 WEDGEWOOD COMMONS listed at $775.

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 $879 at Clover Patch Apartments.

What is the most affordable Peterson Three Bedroom Apartment?

The best deal on a cheap Peterson Three Bedroom Apartment rental is at Scenic View Townhomes and starts from $1,236.

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 Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.