Cheap Homes for Rent in Peterson, MN from $900 (8 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Done

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

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

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

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

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

Frequently Asked Questions about Peterson

What type of rentals are currently available in Peterson?

There are currently 40 Apartments for Rent in Peterson, MN with pricing that ranges from $435 to $2,700. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peterson ranging from $975 to $2,750.

What is the current price range for Rental Homes in Peterson?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Peterson ranges from $975 to $2,750 with an average monthly rent of $1,948.

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.