305 S Broadway St
New UlmMN56073
Cheap Homes for Rent in St. Peter, MN from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in St. Peter.
412 N Cedar St
ChaskaMN55318
325 E Washington St
MankatoMN56001
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
561 S Elk St
Belle PlaineMN56011
101 1/2 W Madison Street
101 W Madison St
St. PeterMN56082
1611 5th Ave
MankatoMN56001
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.
730 N Broad St
MankatoMN56001
Showing Results 1-7, 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 a home in St. Peter?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| St. Peter 2 Bedroom Homes for Rent | $1,585 | $1,025 | $2,395 |
| St. Peter 3 Bedroom Homes for Rent | $1,795 | $1,300 | $2,300 |
| St. Peter 4 Bedroom Homes for Rent | $2,559 | $1,324 | $3,650 |
| St. Peter 5 Bedroom Homes for Rent | $2,250 | $2,250 | $2,250 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in St. Peter
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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 Lewis Lofts in the University neighborhood priced from $855. Fairview Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $865. Here is today’s list of the most affordable St. Peter apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lewis Lofts | 1a1t | 1BR,1BA | $855 |
| Fairview Apartments | 1 Bedroom | 1BR,1BA | $865 |
| Hillcrest Apartments | 1BD/1BA | 1BR,1BA | $895 |
Best Value Apartments for Rent in St. Peter, MN and Nearby
As of June 08, 2026 the best value apartment in the St. Peter area is the $1.13 price per square foot Fox Run Townhomes Model at Fox Run Townhomes in the in the City Center Mankato neighborhood starting from $1,995. The second greatest value St. Peter apartment is the Two Bedroom One Half Bathroom Model at Sibley Village Townhomes starting at $1,575 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fox Run Townhomes | Fox Run Townhomes | 2BR,2.5BA | $1.13 |
| Sibley Village Townhomes | Two Bedroom One Half Bathroom | 2BR,1.5BA | $1.16 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Market | 3BR,1.5BA | $1.20 |
| Vista View Townhomes | 3 Bedroom Townhouse | 3BR,1.5BA | $1.08 |
| Augusta Commons | 3 Bedroom 2 Bath | 3BR,2BA | $1.27 |
| Rock Ridge Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.14 |
| The Edge Apartments | Two Bedroom | 2BR,1BA | $1.30 |
| Village Place Apartments of Mankato | One Bedroom | 1BR,1BA | $1.37 |
| Fairview Apartments | 1 Bedroom | 1BR,1BA | $1.32 |
| Lewis Lofts | 1a1t | 1BR,1BA | $1.38 |
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.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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)
8 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
Frequently Asked Questions about St. Peter
What type of rentals are currently available in St. Peter?
There are currently 68 Apartments for Rent in St. Peter, MN with pricing that ranges from $750 to $2,794. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in St. Peter ranging from $945 to $3,650.
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 $945 to $3,650 with an average monthly rent of $1,880.
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 $1,250 to $2,794, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,324 and Four Bedroom Apartments start at $1,780.
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
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.