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Cheap Apartments for Rent in St. Peter, MN from $500 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in St. Peter.
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$675 - $1,3501 to 2 Bedroom Apartments Available Now
The Edge Apartments
1902 Warren StMankato, MN 56001
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$720 - $1,880Studio to 5 Bedroom Apartments Available Now
Highland Hills Apartments
1340 Warren StMankato, MN 56001
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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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Rent Specials
$895 - $1,0001 to 2 Bedroom Apartments Available Now
Le Sueur Apartments
411 N 3rd St NLe Sueur, MN 56058
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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.
Showing Results 1-8, Page 1 of 1
St. Peter, MN Local Guide
The Broadway Bridge by Bobak Ha'Eri is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in St. Peter?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| St. Peter Studio Apartments | $1,066 | $720 | $1,300 |
| St. Peter 1 Bedroom Apartments | $1,283 | $825 | $2,095 |
| St. Peter 2 Bedroom Apartments | $1,441 | $675 | $2,125 |
| St. Peter 3 Bedroom Apartments | $1,542 | $1,249 | $2,095 |
| St. Peter 4 Bedroom Apartments | $1,741 | $1,600 | $1,880 |
Browse Top Apartments in St. Peter
See all Apartments in St. PeterExplore St. Peter
St. Peter, MN Local Guide
- Nearby Cities
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Cheapest Available St. Peter Apartments for Rent and Nearby
The cheapest available apartment rental in St. Peter, MN is a 2 Beds unit found at The Edge Apartments in the University neighborhood priced from $675. Highland Hills Apartments in the University neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $720. Here is today’s list of the most affordable St. Peter apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Edge Apartments | Two Bedroom | 2BR,1BA | $675 |
| Highland Hills Apartments | Studio | Studio,1BA | $720 |
| Tiller+Main | Studio | Studio,1BA | $900 |
Best Value Apartments for Rent in St. Peter, MN and Nearby
As of July 27, 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 |
| Riverfront Court | Three Bedroom Two Bath | 3BR,2BA | $1.36 |
| Southwood Flats | 2 Bed, 1 Bath (remodeled) | 2BR,1BA | $1.26 |
| The Edge Apartments | Two Bedroom | 2BR,1BA | $0.69 |
| Cedar Meadow Apartments | 3BR | 3BR,1BA | $1.35 |
| Glenwood Terrace | 2 BR/ 1 BA | 2BR,1BA | $1.14 |
| Le Sueur Apartments | 2 Bedroom | 2BR,1BA | $1.25 |
| Tiller Place | Studio | Studio ,1BA | $1.36 |
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Best Local Schools in St. Peter, MN
St. Peter Senior High School
St. Peter Public School District
Public School - Grades 9-12 (718)
7 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore St. Peter, MN Rentals by Map
See the most popular apartments and homes in St. Peter, MN
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 $720.
How much is rent for a Cheap One Bedroom St. Peter Apartment?
The lowest price for a Cheap One Bedroom St. Peter Apartment is $1,025 at Greenfield Estates I & II.
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 $675 at The Edge 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.
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.
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.
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.
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.