Cheap Homes for Rent in St. Peter, MN from $1,000 (10 Rentals)

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property at 960 N 3rd St

960 N 3rd St

St. PeterMN56082

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.

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.

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 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 ListingModel NameBed/BathPriced From
Le Sueur Apartments1 Bedroom1BR,1BA$895
Village Court Apartments1 Bed, 1 Bath (original)1BR,1BA$899
Tiller+MainStudioStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Fox Run Townhomes3 bed 2.5 bath (Exterior)3BR,2.5BA$1.19
Wolf Point TownhomesThree Bedroom3BR,2.5BA$1.28
Fox Meadows TownhomesThree Bed - Market3BR,1.5BA$1.34
Augusta Commons3 Bedroom 2 Bath3BR,2BA$1.27
Traverse Green Apartments2x1 3/42BR,1BA$1.35
Riverfront CourtThree Bedroom Two Bath3BR,2BA$1.36
300 Jefferson Ave300 Jefferson Ave2BR,1BA$1.15
Le Sueur Meadows2 Beds, 1 bath2BR,1BA$1.15
Glenwood Terrace2 BR/ 1 BA2BR,1BA$1.14
The Edge ApartmentsOne Bedroom1BR,1BA$1.35

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

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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.

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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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

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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.

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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.