
Cheap Apartments for Rent in St. Peter, MN from $500 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in St. Peter.


Highland Hills Apartments

Southwood Flats

Le Sueur Apartments

Tiller+Main
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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Total Monthly Price
The Grove at Mankato

Total Monthly Price
College Station

Village Court Apartments

Glenwood Terrace
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St. Peter, MN Local Guide

How much does it cost to rent an apartment in St. Peter?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
St. Peter Studio Apartments | $979 | $750 | $1,300 |
St. Peter 1 Bedroom Apartments | $1,294 | $895 | $2,095 |
St. Peter 2 Bedroom Apartments | $1,465 | $949 | $2,050 |
St. Peter 3 Bedroom Apartments | $1,555 | $1,242 | $2,095 |
St. Peter 4 Bedroom Apartments | $1,784 | $1,600 | $1,880 |
Browse Top Apartments in St. Peter
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St. Peter, MN Local Guide
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Cheapest Available St. Peter Apartments for Rent and Nearby
 The cheapest available apartment rental in St. Peter, MN is a Studio unit found at Highland Hills Apartments in the University neighborhood priced from $750. Southwood Flats in the University neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $874. Here is today’s list of the most affordable St. Peter apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Highland Hills Apartments | Studio | Studio,1BA | $750 |
Southwood Flats | 1 Bed, 1 Bath (original) | 1BR,1BA | $874 |
Village Place Apartments | 1 BR Small Floor Plan | 1BR,1BA | $875 |
Le Sueur Apartments | 1 Bedroom | 1BR,1BA | $895 |
Tiller+Main | Studio | Studio,1BA | $900 |
Best Value Apartments for Rent in St. Peter, MN and Nearby
As of September 11, 2025 the best value apartment in the St. Peter area is the $1.19 price per square foot 3 bed 2.5 bath (Exterior) Model at Fox Run Townhomes in the in the City Center Mankato neighborhood starting from $2,095. The second greatest value St. Peter apartment is the Three Bedroom Model at Wolf Point Townhomes starting at $1,965 with a $1.28 price per square foot in the North Industrial Mankato neighborhood. Here is today’s list of the best values for St. Peter apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Fox Run Townhomes | 3 bed 2.5 bath (Exterior) | 3BR,2.5BA | $1.19 |
Wolf Point Townhomes | Three Bedroom | 3BR,2.5BA | $1.28 |
Fox Meadows Townhomes | Three Bed - Market | 3BR,1.5BA | $1.34 |
Augusta Commons | 3 Bedroom 2 Bath | 3BR,2BA | $1.27 |
Riverfront Court | Three Bedroom Two Bath | 3BR,2BA | $1.36 |
300 Jefferson Ave | 300 Jefferson Ave | 2BR,1BA | $1.15 |
Glenwood Terrace | 2 BR/ 1 BA | 2BR,1BA | $1.14 |
The Edge Apartments | One Bedroom | 1BR,1BA | $1.36 |
Greenfield Estates I & II | Waiting List 1BR | 1BR,1BA | $1.36 |
Tiller Place | Studio | Studio ,1BA | $1.36 |
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Best Local Schools in St. Peter, MN
St. Peter Senior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore St. Peter, MN Rentals by Map
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Getting Around St. Peter, MN
Walk Score®
42 / 100
Car-Dependent
Most errands require a car
Bike Score®
45 / 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 St. Peter Apartments
What is the Cheapest Studio apartment in St. Peter?
Currently the most affordable Cheap Studio Apartment in St. Peter is at Highland Hills Apartments listed at $750.
How much is rent for a Cheap One Bedroom St. Peter Apartment?
The lowest price for a Cheap One Bedroom St. Peter Apartment is $895 at Le Sueur Apartments.
What is the lowest price for a Cheap Two Bedroom St. Peter Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in St. Peter is starting from $950 at Glenwood Terrace.
What is the most affordable St. Peter Three Bedroom Apartment?
The best deal on a cheap St. Peter Three Bedroom Apartment rental is at Cedar Meadow Apartments and starts from $1,249.
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.

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.

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.

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.

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.