Cheap Apartments for Rent in St. Peter, MN from $500 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in St. Peter.

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Fairview Apartments
1 to 3 Bedroom Apartments

Fairview Apartments

720 Ronell StSt. Peter, MN 56082
Utilities inc.
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Vista View Townhomes
2 to 3 Bedroom Apartments

Vista View Townhomes

1811 Vista View DrSt. Peter, MN 56082
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Hillside Court
1 Bedroom Apartments

Hillside Court

220 Risedorph StLe Sueur, MN 56058
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Le Sueur Meadows
2 Bedroom Apartments

Le Sueur Meadows

417 Turril StLe Sueur, MN 56058

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 Highland Hills Apartments in the University neighborhood priced from $775. 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 ListingModel NameBed/BathPriced From
Highland Hills ApartmentsElm Tree Court1BR,1BA$775
Le Sueur Apartments1 Bedroom1BR,1BA$895
Tiller PlaceStudioStudio,1BA$900
Village Court Apartments1 Bed, 1 Bath (original)1BR,1BA$924
Tiller+Main1 Bedroom and 1 Bath1BR,1BA$950

Best Value Apartments for Rent in St. Peter, MN and Nearby

As of February 27, 2025 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 North Industrial Mankato neighborhood starting from $1,995. The second greatest value St. Peter apartment is the Two Bed Model at Willow Creek Townhomes starting at $1,680 with a $1.09 price per square foot in the East 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 TownhomesFox Run Townhomes3BR,2.5BA$1.13
Willow Creek TownhomesTwo Bed2BR,2.5BA$1.09
Dublin Road Townhomes3 Bedroom 1.5 Bath Accessible3BR,1.5BA$0.95
Greenfield Estates I & IIWaiting List 3BR3BR,1BA$1.20
445 S 7th St, Unit 445445 S 7th St4BR,1BA$1.04
Riverfront CourtThree Bedroom Two Bath3BR,2BA$1.26
The Edge ApartmentsTwo Bedroom2BR,1BA$1.30
Hoover Estates2/12BR,1BA$1.12
Southwood Flats1 Bed, 1 Bath (remodeled)1BR,1BA$1.30
Village Court Apartments1 Bed, 1 Bath (original)1BR,1BA$1.27

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Explore St. Peter, MN Rentals by Map

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Getting Around St. Peter, MN

Walk Score®

43 / 100

Car-Dependent

Most errands require a car

Bike Score®

45 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Tiller Place listed at $900.

How much is rent for a Cheap One Bedroom St. Peter Apartment?

The lowest price for a Cheap One Bedroom St. Peter Apartment is $775 at Highland Hills Apartments.

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 $920 at Highland Hills 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 Highland Hills Apartments and starts from $1,329.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.