
Cheap Homes for Rent in St. Peter, MN from $1,000 (10 Rentals)
Search the lowest-cost Homes available for rent right now in St. Peter.


960 N 3rd St

300 Jefferson Ave

525 S 5th St
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.

122 Lynn Ln

121 Laurinda Ln

145 Lynn Ln

123 Lynn Ln

315 Louva Ln
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.

101 Heather Ln
St. Peter, MN Local Guide

How much does it cost to rent a home in St. Peter?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
St. Peter 2 Bedroom Homes for Rent | $1,506 | $1,095 | $1,800 |
St. Peter 3 Bedroom Homes for Rent | $1,739 | $1,050 | $2,599 |
St. Peter 4 Bedroom Homes for Rent | $2,164 | $1,600 | $3,250 |
St. Peter 5 Bedroom Homes for Rent | $1,695 | $1,695 | $1,695 |
Browse Top Homes for Rent in St. Peter
Explore St. Peter
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 1 Bed unit found at Le Sueur Apartments priced from $895. Village Court Apartments in the City Center Mankato neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here is today’s list of the most affordable St. Peter apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Le Sueur Apartments | 1 Bedroom | 1BR,1BA | $895 |
Village Court Apartments | 1 Bed, 1 Bath (original) | 1BR,1BA | $899 |
Tiller+Main | Studio | Studio,1BA | $900 |
Best Value Apartments for Rent in St. Peter, MN and Nearby
As of September 05, 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 |
Traverse Green Apartments | 2x1 3/4 | 2BR,1BA | $1.35 |
Riverfront Court | Three Bedroom Two Bath | 3BR,2BA | $1.36 |
300 Jefferson Ave | 300 Jefferson Ave | 2BR,1BA | $1.15 |
Le Sueur Meadows | 2 Beds, 1 bath | 2BR,1BA | $1.15 |
Glenwood Terrace | 2 BR/ 1 BA | 2BR,1BA | $1.14 |
The Edge Apartments | One Bedroom | 1BR,1BA | $1.35 |
Quick Rent Budget Calculator
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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
See the most popular apartments and homes in St. Peter, MN
Frequently Asked Questions about St. Peter
What type of rentals are currently available in St. Peter?
There are currently 69 Apartments for Rent in St. Peter, MN with pricing that ranges from $895 to $2,095. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in St. Peter ranging from $1,050 to $3,250.
What is the current price range for Rental Homes in St. Peter?
Today's rental pricing for Homes for Rent, Condos and Townhomes in St. Peter ranges from $1,050 to $3,250 with an average monthly rent of $1,653.
How much are larger Three and Four Bedroom Rentals in St. Peter?
For those who are looking for larger living arrangements, Three Bedroom Apartments in St. Peter range from $1,242 to $2,095, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,599. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,600.
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.

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.

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.