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Saint Peter, MN Homes for Rent

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  • /33

    Starting at $1,295 Plus Fees

    • 1 Bed

    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

    970 N 3rd St, 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

    1320 N 5th St, Saint Peter, MN 56082
  • /2

    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

    1811 Vista View Dr, Saint Peter, MN 56082
  • /20

    Starting at $1,250 Plus Fees

    • 2 Beds

    1901 Meridian St, Saint Peter, MN 56082

    Welcome to Welco West Apartments in the charming town of Saint Peter, MN. Our spacious two-bedroom, one-bathroom apartments are designed to provide you with the utmost comfort and convenience. With a prime location, you'll have easy access to all that Saint Peter has to offer. Forget about the hassle of finding parking, as we provide both off-street and garage parking options for our residents.

    Welco West

    1901 Meridian St, Saint Peter, MN 56082
  • /8

    Starting at $865 Plus Fees

    • 1 - 3 Beds

    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

    720 Ronell St, Saint Peter, MN 56082
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    $1,600 Plus Fees

    • 3 Beds
    • 1 Bath
    • Townhouse for Rent

    810-824 Ronell St, Saint Peter, MN 56082

    Property Id: 1368871 810-824 Ronell Street St. Peter, MN 56082 3 bedroom, 1 full bath townhome located in a quiet part of town. Electric stovetop, dishwasher, washer & dryer, central HVAC, one-stall garage. Available: August 1, 2026 Rent: $1,600/month Disclaimer: The photos shown are of a similar unit in the same community and may not reflect the exact finishes or

    810-824 Ronell St, Saint Peter, MN 56082
  • /21

    $1,695

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,758 Sq Ft
    • Townhouse for Rent

    1805 Gault St, Saint Peter, MN 56082

    Beacon View Townhomes are located in a beautiful subdivision on the North end in Saint Peter. All units have a two story living room with open loft. Main level has 1/2 bathroom & master bedroom with bath and walk in closet on lower level, 2 upper level bedrooms, and additional bedroom. Open kitchen with stainless steel appliances, spacious living room and double stall, attached garage. Units

    1805 Gault St, 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
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    $1,749

    Total Monthly Price

    • 4 Beds
    • 2.5 Baths
    • 1,845 Sq Ft
    • House for Rent

    820 N Washington Ave, Saint Peter, MN 56082

    Welcome to 820 N Washington Avenue, a beautifully updated 4-bedroom, 2.5-bathroom home located in the heart of Saint Peter. This spacious residence features a bright and modern kitchen with stainless steel appliances, a flexible layout with two bedrooms and a home office on the main floor, and two additional bedrooms upstairs along with a brand-new full bath. Enjoy the comfort of central air

    820 N Washington Ave, 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

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 $1,600 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes and 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 $64,000 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 $1,600 per month in Saint Peter, MN, renters typically need to show $4,800 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 15.6, 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 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, Franklin Rogers Park, Washington Park and Riverfront Park, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
10
Median Rent
$1,600
Median Single Family Home Rent
$1,675
Median Townhouse Rent
$1,695
Median Condo Rent
$1,325
How to Rent a Home