Cheap Apartments for Rent in St. Peter, MN from $500 (16 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

close
View Me
Fairview Apartments
1 to 3 Bedroom Apartments

Fairview Apartments

720 Ronell StSt. Peter, MN 56082
  • Utilities Included
close
View Me
Vista View Townhomes
2 to 3 Bedroom Apartments

Vista View Townhomes

1811 Vista View DrSt. Peter, MN 56082
  • Utilities Included

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.

close
View Me
Hillside Court
1 Bedroom Apartments

Hillside Court

220 Risedorph StLe Sueur, MN 56058
  • Utilities Included
close
View Me
Hillcrest Apartments
2 Bedroom Apartments

Hillcrest Apartments

500 Boright StLe Sueur, MN 56058
  • Utilities Included
close
View Me
Le Sueur Meadows
2 Bedroom Apartments

Le Sueur Meadows

417 Turril StLe Sueur, MN 56058

St. Peter, MN Local Guide

Cheapest Available St. Peter Apartments for Rent and Nearby

 

The cheapest available apartment rental in St. Peter, MN is a 1 Bed unit found at Highland Hills Apartments in the University neighborhood priced from $775. Le Sueur Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable St. Peter apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Highland Hills ApartmentsElm Tree Court1BR,1BA$775
Le Sueur Apartments1 Bedroom1BR,1BA$895
Village Court Apartments2 Bed, 1 Bath (original)2BR,1BA$949
Greenfield Estates I & IIOne Bedroom Apartment1BR,1BA$1,025
Woodside ApartmentsStudioStudio,1BA$1,045

Best Value Apartments for Rent in St. Peter, MN and Nearby

As of June 12, 2025 the best value apartment in the St. Peter area is the $1.34 price per square foot Three Bed - Market Model at Fox Meadows Townhomes in the starting from $1,650. The second greatest value St. Peter apartment is the Three Bedroom 1.75 Bathroom Model at Legacy Park Estates starting at $1,525 with a $1.25 price per square foot in the University neighborhood. Here is today’s list of the best values for St. Peter apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fox Meadows TownhomesThree Bed - Market3BR,1.5BA$1.34
Legacy Park EstatesThree Bedroom 1.75 Bathroom3BR,1.75BA$1.25
Augusta Commons3 Bedroom 2 Bath3BR,2BA$1.23
Traverse Green Apartments2x1.752BR,1BA$1.35
Riverfront CourtThree Bedroom Two Bath3BR,2BA$1.36
Southwood Flats2 Bed, 1 Bath (remodeled)2BR,1BA$1.31
The Edge ApartmentsTwo Bedroom2BR,1BA$1.22
Cedar Meadow Apartments3BR3BR,1BA$1.35
Greenfield Estates I & IIOne Bedroom Apartment1BR,1BA$1.36
Village Court Apartments1 Bed, 1 Bath (renovated)1BR,1BA$1.37

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 St. Peter, MN Rentals by Map

View MapSt. Peter, MN Apartments MapView MapSt. Peter, MN Rental Homes Map

Getting Around St. Peter, MN

Walk Score®

43 / 100

Car-Dependent

Most errands require a car

Bike Score®

45 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Woodside Apartments listed at $1,045.

How much is rent for a Cheap One Bedroom St. Peter Apartment?

The lowest price for a Cheap One Bedroom St. Peter Apartment is $775 at Highland Hills 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 $949 at Village Court Apartments.

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.