Cheap Homes for Rent in St. Peter, MN from $1,100 (23 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

Showing Results 1-23, Page 1 of 1

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. Glenwood Terrace in the University neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. 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
Glenwood Terrace1 BR/1 BA1BR,1BA$825
Le Sueur Apartments1 Bedroom1BR,1BA$895
Village Court Apartments1 Bed, 1 Bath (original)1BR,1BA$924
Hillcrest Apartments2BD/1BA2BR,1BA$925

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

As of March 23, 2025 the best value apartment in the St. Peter area is the $1.20 price per square foot Waiting List 3BR Model at Greenfield Estates I & II in the starting from $1,450. The second greatest value St. Peter apartment is the Three Bedroom Two Bath Model at Riverfront Court starting at $1,350 with a $1.26 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Greenfield Estates I & IIWaiting List 3BR3BR,1BA$1.20
Riverfront CourtThree Bedroom Two Bath3BR,2BA$1.26
Tiller+Main2 Bedroom2BR,1BA$1.30
The Edge ApartmentsTwo Bedroom2BR,1BA$1.27
Cedar Meadow Apartments3BR3BR,1BA$1.30
RoK Lofts2 Bedroom Unit2BR,1BA$1.31
Hoover Estates2/12BR,1BA$1.12
Hillcrest Apartments2BD/1BA2BR,1BA$1.09
Village Court Apartments1 Bed, 1 Bath (renovated)1BR,1BA$1.34
Glenwood Terrace1 BR/1 BA1BR,1BA$1.29

Quick 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.

decorative image of people with a giant lease agreement

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 $775 to $2,495. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in St. Peter ranging from $1,195 to $2,700.

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 $1,195 to $2,700 with an average monthly rent of $1,624.

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 $1,025 to $2,260, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,545 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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for What to Know About Fees and Fines When Renting article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

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.