
Cheap Homes for Rent in St. Peter, MN from $600 (20 Rentals)
Search the lowest-cost Homes available for rent right now in St. Peter.


114 Lynn Ln

418 Allan Ave

47 Wood Dr

123 Jaybee Ln

109 Maple Dr
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.

118 Lynn Ln

121 Lynn Ln

152 Lynn Ln

21 Wood Dr

121 Maple Dr
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.

141 Lynn Ln

203 Karu Dr

103 Maple Dr

123 Lynn Ln

121 Jaybee Ln

156 Lynn Ln
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.

130 S Webster St

810-824 Ronell St
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 | $1,395 | $1,175 | $1,750 |
St. Peter 3 Bedroom Homes for Rent | $1,732 | $1,200 | $2,785 |
St. Peter 4 Bedroom Homes for Rent | $1,936 | $1,300 | $2,900 |
St. Peter 5 Bedroom Homes for Rent | $2,795 | $2,595 | $2,995 |
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 Studio unit found at Highland Hills Apartments in the University neighborhood priced from $750. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Highland Hills Apartments | Studio | Studio,1BA | $750 |
Le Sueur Apartments | 1 Bedroom | 1BR,1BA | $895 |
Tiller+Main | Studio | Studio,1BA | $900 |
Tiller Place | Studio | Studio,1BA | $900 |
College Station | 1 Bedroom | 1BR,1BA | $931 |
Best Value Apartments for Rent in St. Peter, MN and Nearby
As of October 23, 2025 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 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 | Fox Run Townhomes | 3BR,2.5BA | $1.19 |
Wolf Point Townhomes | Three Bedroom | 3BR,2.5BA | $1.28 |
Dublin Road Townhomes | 3 Bedroom 1.5 Bath Affordable | 3BR,1.5BA | $1.14 |
Fox Meadows Townhomes | Three Bed - Market | 3BR,1.5BA | $1.34 |
Vista View Townhomes | 3 Bedroom Townhouse | 3BR,1.5BA | $1.03 |
Augusta Commons | 3 Bedroom 2 Bath | 3BR,2BA | $1.27 |
Riverfront Court | Three Bedroom Two Bath | 3BR,2BA | $1.36 |
The Edge Apartments | Two Bedroom | 2BR,1BA | $1.28 |
Village Court Apartments | 2 Bed, 1 Bath (renovated) | 2BR,1BA | $1.30 |
Glenwood Terrace | 2 BR/ 1 BA | 2BR,1BA | $1.14 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleQuick 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.
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 67 Apartments for Rent in St. Peter, MN with pricing that ranges from $750 to $2,830. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in St. Peter ranging from $695 to $2,995.
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 $695 to $2,995 with an average monthly rent of $1,758.
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 $2,830, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,785. Four Bedroom Single-Family rentals are also available starting from $1,300 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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.