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Saint Peter, MN Houses for Rent

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  • /16

    $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

Frequently Asked Questions

How much does it cost to rent a single-family home in Saint Peter, MN?
The median rent for a single-family home in Saint Peter, MN is $1,200 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.

Rental Home Trends in Saint Peter, MN

Rental Home Trends

Number of Houses for Rent
2
Median Single Family Home Rent
$1,200
How to Rent a Home