3

Saint Peter, MN Condos for Rent

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  • /14

    $1,300

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,380 Sq Ft
    • Condo for Rent

    426 Elm St Unit 2, Saint Peter, MN 56082

    Three-bedroom two-bath first floor apartment located blocks from Gustavus Adolphus College and Minnesota Square Park in St. Peter. In-unit laundry washer/dryer and dishwasher in the kitchen. One garage space available. Property owner pays for water, sewer, and gas. All other utilities paid by tenant. Pets ok with a monthly fee. Property owner lives in the building. Application

    426 Elm St Unit 2, Saint Peter, MN 56082
  • /12

    $1,325

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 673 Sq Ft
    • Condo for Rent

    960 N 3rd St Unit 207, Saint Peter, MN 56082

    Welcome to Capital Lofts: Modern Living in St. Peter, MN! Contemporary comfort surrounded by nature with a pond, trail and park right at your doorstep. Adjacent to a major grocery store, close to local dining and shopping, and easy access to Highway 169. Modern conveniences include key fob entry systems, in-unit washers/dryers, fiber internet, and modern finishes throughout! This unit features a

    960 N 3rd St Unit 207, Saint Peter, MN 56082
  • /12

    $1,325

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 673 Sq Ft
    • Condo for Rent

    960 N 3rd St Unit 209, Saint Peter, MN 56082

    Welcome to Capital Lofts: Modern Living in St. Peter, MN! Contemporary comfort surrounded by nature with a pond, trail and park right at your doorstep. Adjacent to a major grocery store, close to local dining and shopping, and easy access to Highway 169. Modern conveniences include key fob entry systems, in-unit washers/dryers, fiber internet, and modern finishes throughout! This unit features a

    960 N 3rd St Unit 209, Saint Peter, MN 56082

Frequently Asked Questions

How much does it cost to rent a condo in Saint Peter, MN?
The median rent for a condo in Saint Peter, MN is $1,325 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses are currently more expensive.
How much do you need to make to afford rent in Saint Peter, MN?
To comfortably afford the median rent in Saint Peter, MN, a household needs to earn roughly $53,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,325 per month in Saint Peter, MN, renters typically need to show $3,975 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Saint Peter, MN?
In Saint Peter, MN, the price-to-rent ratio is 18.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Saint Peter, MN are best for renting a condo?
The best neighborhood for renting in Saint Peter, MN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Washington Park, Five Corners and Liberty Park, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$1,325
Median 1 Bedroom Condo Rent
$1,325
Median 3 Bedroom Condo Rent
$1,300
How to Rent a Home