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Saint Peter, MN Homes for Rent

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  • /35

    Starting at $1,295 Plus Fees

    • 1 - 2 Beds

    970 N 3rd St, Saint Peter, MN 56082

    Welcome to Capital Lofts: Modern Living in St. Peter, Minnesota! Embrace contemporary comfort surrounded by nature, with the tranquility of 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, our prime location ensures that all your daily needs are just steps away. Modern conveniences include key fob

    Capital Lofts

    (507) 564-0372

    970 N 3rd St, Saint Peter, MN 56082
  • /20

    Starting at $1,175

    Total Monthly Price

    • 1 - 2 Beds

    410 S Minnesota Ave, Saint Peter, MN 56082

    St. Peters newest high-end units are perfect for those on the go. With easy access to the highway, shopping, food, entertainment, and Gustavus Adolphus College, these units could not be in a more convenient location. All units include stainless steel appliances, washer and dryer, LVT flooring, high end finishes, and a secure tenant entrance. Tenants will enjoy all St. Peter and the

    RoK Lofts

    (507) 607-2666

    410 S Minnesota Ave, Saint Peter, MN 56082
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    Starting at $830 Plus Fees

    • 1 - 3 Beds

    1320 N 5th St, Saint Peter, MN 56082

    This is an income-based property located in St. Peter, MN. Rent is based on 30% of monthly gross income for those who income qualify. Newly updated units, common areas and building featuring a new playground and shelter area with grills Every unit has new AC units, flooring, cabinets, countertops and appliances. Come and live with us! This has 30 family units.Utilities Included: heat,

    Maplewood Apartments

    (844) 668-5250

    1320 N 5th St, Saint Peter, MN 56082
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    Starting at $1,142 Plus Fees

    • 2 - 3 Beds

    1811 Vista View Dr, Saint Peter, MN 56082

    Our townhomes offer a private driveway with an attached garage. Each home also has a dishwasher, washer and dryer hook-ups, air conditioning and free heating. We are also a pet friendly community.

    Vista View Townhomes

    (507) 519-5710

    1811 Vista View Dr, Saint Peter, MN 56082
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    Starting at $1,000 Plus Fees

    • 1 - 3 Beds

    604 Knight St, Saint Peter, MN 56082

    Two-story apartment buildings located off of Dodd Road in a residential neighborhood. All units have either a walk-out patio on the main level or a balcony on the second level. Ground level is slab-on-grade and is wheelchair accessible. Common laundry rooms on each floor. Keyed entry into buildings.

    Rock Ridge Apartments

    (507) 519-4269

    604 Knight St, Saint Peter, MN 56082
  • /8

    Starting at $865 Plus Fees

    • 1 Bed

    720 Ronell St, Saint Peter, MN 56082

    Welcome to Fairview Apartments in St. Peter, Minnesota! Our spacious 1, 2 and 3 bedroom affordable apartments at Fairview are professionally managed and maintained. We offer open floorplans, ample closets, stylish window treatments, high speed internet and cable, open parking and plenty of space to call home. Bring along your best friend; Fairview is a dog friendly apartment community! Take

    Fairview Apartments

    (507) 519-6566

    720 Ronell St, Saint Peter, MN 56082
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    $1,200 Plus Fees

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • 101 1/2 W Madison Street

    101 W Madison St, Saint Peter, MN 56082

    Listed by Renters Warehouse Mankato is this very nice newly updated duplex with single stall garage in St. Peter. The home is available immediately. $1200 rent, which includes all utilities. Sorry no smoking, or pets allowed. Some amenities include private laundry, 1000 sq ft of living space and great quiet location. Please contact Dawn with any questions, or to schedule a viewing at .

    101 1/2 W Madison Street

    (833) 402-4237

    101 W Madison St, Saint Peter, MN 56082
  • /20

    $2,200 Plus Fees

    • 4 Beds
    • 2 Baths
    • 1,802 Sq Ft
    • House for Rent

    48362 Belgrade Township 193, Saint Peter, MN 56082

    Listed by Renters Warehouse Mankato is this beautiful river bluff country home surrounded by trees and wildlife available now. The home features 4 bedrooms & 2.5 bathrooms. Two stall attached garage included. Amenities include a fireplace, indoor jacuzzi, very large kitchen / formal dining room, deck, & washer/dryer. This is a home you will not want to miss out on seeing! $2200 + all utilities.

    (855) 829-5870

    48362 Belgrade Township 193, Saint Peter, MN 56082
  • /20

    $1,095

    Total Monthly Price

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

    407 Grace St Unit Upper, Saint Peter, MN 56082

    407 Grace St Unit Upper, 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 208, 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 208, 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 308, 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 308, Saint Peter, MN 56082

Why Live in Saint Peter

Saint Peter, Minnesota, is a small city set against rolling hills and the Minnesota River, combining historical charm with modern amenities. Home to Gustavus Adolphus College, the community features an eclectic downtown with unique shops and restaurants housed in Victorian-era red brick buildings. The Saint Peter Public School District serves area residents and includes multiple elementary, middle, and high schools. The city boasts 20 parks, including Minnesota Square Park with its large pavilion for community events and Riverside Park with picturesque trails and picnic spots. Outdoor activities such as biking, kayaking, and cross-country skiing are popular among residents. Saint Peter's architectural landscape includes American Foursquares, ranch-style homes, and New Traditional custom builds, reflecting a mix of historical and modern influences due to extensive rebuilding after a tornado in 1998. The city is safer than the national average, with lower rates of violent and property crime. U.S. Route 169 connects Saint Peter to Minneapolis, 68 miles northeast, and Mankato, 13 miles south, making commuting convenient. The downtown area is known for its niche shops and two local breweries, Tremendous Brewery and Paddlefish Brewing. Annual events like the Old Fashioned Independence Day celebration and Rock Bend Folk Festival draw significant crowds, enhancing the community spirit. The Arboretum at Gustavus Adolphus College offers scenic walking trails, and a new trail system is planned to connect Saint Peter to Mankato.

Frequently Asked Questions

How much does it cost to rent a home in Saint Peter, MN?
The median rent for a home in Saint Peter, MN is $1,262 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option while condos 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 $50,480 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 $1,262 per month in Saint Peter, MN, renters typically need to show $3,786 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 18.5, 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 home?
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 home include Country Club Estates, Thomas Park, Washington Park, Five Corners and Liberty Park, each with its own character and price range.

Rental Home Trends in Saint Peter, MN

Rental Home Trends

Number of Homes for Rent
11
Median Rent
$1,262
Median Single Family Home Rent
$1,200
Median Condo Rent
$1,325
How to Rent a Home