Cheap Apartments for Rent in St. Peter, MN from $300 (13 Rentals)

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Fairview Apartments
1 to 3 Bedroom Apartments

Fairview Apartments

720 Ronell StSt. Peter, MN 56082
  • Utilities Included

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Hillside Court
1 to 2 Bedroom Apartments

Hillside Court

220 Risedorph StLe Sueur, MN 56058
  • Utilities Included
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Hillcrest Apartments
1 to 2 Bedroom Apartments

Hillcrest Apartments

500 Boright StLe Sueur, MN 56058
  • Utilities Included
property at 315 E Cherry St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1.5 Bath Condo for Rent

Available Feb 3

315 E Cherry St

MankatoMN56001

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.

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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 Lewis Lofts in the University neighborhood priced from $784. Maplewood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. Here is today’s list of the most affordable St. Peter apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lewis Lofts1a1t1BR,1BA$784
Maplewood Apartments1 Bed, 1 bath1BR,1BA$830
Village Place ApartmentsStudioStudio,1BA$835
Glenwood Terrace1 BR/1 BA1BR,1BA$880
Le Sueur Apartments1 Bedroom1BR,1BA$895

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

As of January 28, 2026 the best value apartment in the St. Peter area is the $1.19 price per square foot Fox Run Townhomes 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 One Half Bathroom Model at Sibley Village Townhomes starting at $1,795 with a $1.16 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 Run TownhomesFox Run Townhomes3BR,2.5BA$1.19
Sibley Village TownhomesThree Bedroom One Half Bathroom3BR,1.5BA$1.16
Wolf Point TownhomesThree Bedroom3BR,2.5BA$1.17
Dublin Road Townhomes3 Bedroom 1.5 Bath Affordable3BR,1.5BA$1.17
Fox Meadows TownhomesThree Bed - Market3BR,1.5BA$1.34
Vista View Townhomes3 Bedroom Townhouse3BR,1.5BA$1.03
Augusta Commons3 Bedroom 2 Bath3BR,2BA$1.27
Welco West2 Bedroom2BR,1BA$1.21
Maplewood Apartments1 Bed, 1 bath1BR,1BA$1.11
Lewis Lofts1a1t1BR,1BA$0.73

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.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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

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Frequently Asked Questions about Cheap St. Peter Apartments

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

The lowest price for a Cheap One Bedroom St. Peter Apartment is $451 at Lewis Lofts.

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 $1,000 at Le Sueur 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 Vista View Townhomes and starts from $1,242.

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

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.