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Saint Peter, MN Homes for Rent

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  • /35

    Starting at $1,295 Plus Fees

    • 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

    970 N 3rd 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
  • /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

    410 S Minnesota Ave, 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
  • /14

    $1,600 Plus Fees

    • 3 Beds
    • 1 Bath
    • Townhouse for Rent

    810-824 Ronell St, Saint Peter, MN 56082

    Property Id: 1368871810-824 Ronell Street St. Peter, MN 560823 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, 2026Rent: $1,600/monthDisclaimer: The photos shown are of a similar unit in the same community and may not reflect the exact finishes

    810-824 Ronell St, Saint Peter, MN 56082
  • /24

    $1,650

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 977 Sq Ft
    • Townhouse for Rent

    2019 Essler Dr, Saint Peter, MN 56082

    Like new 2 bedroom townhomes with 6-12 month leases available. Each side has 2 bedroom, 1 bath and is a cozy 975 sq. feet. Each has a private single stall attached garage. Concrete shared wall is great for sound deafening. Nice sized tree/bush lined backyard, with adjacent community lot (not buildable). Separately metered utilities, and tenant pays all. Lawn & snow care included in rent. Quiet

    2019 Essler Dr, Saint Peter, MN 56082
  • /6

    $1,315

    Total Monthly Price

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

    960 N 3rd St Unit 127, 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 127, 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
  • /12

    $1,325

    Total Monthly Price

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

    960 N 3rd St Unit 309, 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 309, 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 $1,325 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option while condos 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 $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 18.1, 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, Riverfront Park and Washington Park, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
11
Median Rent
$1,325
Median Single Family Home Rent
$1,188
Median Townhouse Rent
$1,650
Median Condo Rent
$1,325
How to Rent a Home