Cheap Homes for Rent in Peterson, MN from $500 (4 Rentals)

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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.

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.

Peterson, MN Local Guide

Best Value Apartments for Rent in Peterson, MN and Nearby

As of May 30, 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 Two Bedroom Model at Riverview Apartments starting at $1,150 with a $1.15 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
Riverview ApartmentsTwo Bedroom2BR,1BA$1.15
Fairway Woods ApartmentsOne Bedroom1BR,1BA$1.23
River's Edge Apartments401-3021BR,1BA$1.59
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
5th Ward ResidencesSTUDIO ADAStudio ,1BA$1.60
Lakeview Manor ApartmentsStudioStudio ,1BA$1.61

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Frequently Asked Questions about Peterson

What type of rentals are currently available in Peterson?

There are currently 39 Apartments for Rent in Peterson, MN with pricing that ranges from $400 to $2,849. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peterson ranging from $500 to $3,500.

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 $500 to $3,500 with an average monthly rent of $1,780.

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.