What is the median rent in St. Peter, MN?

Name: Median rent in St. Peter, MN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in St. Peter, MN is $961 (±$46) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 1,426 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In St. Peter, the median gross rent went from $861 in 2015–2019 to $961 in 2020–2024 (+11.6%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

Figures last updated on November 12, 2026.

Median gross rent: $961 (±$46)
Rented homes: 1,426 (±186)
$2,000 or more: 3.9%
Since 2015–2019: +11.6%

How much rent costs in St. Peter

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	St. Peter	Nicollet County	Minnesota	United States
Less than $500	7.9% (±3.8 points)	6.2%	8.4%	6.3%
$500 to $999	50.1% (±8.4 points)	50.3%	21.5%	20.2%
$1,000 to $1,499	34.3% (±7.8 points)	33.7%	33.6%	28.1%
$1,500 to $1,999	3.8% (±3.0 points)	6.0%	21.4%	21.1%
$2,000 to $2,499	1.1% (±1.3 points)	2.0%	9.2%	12.0%
$2,500 to $2,999	2.8% (±3.4 points)	1.9%	3.0%	5.5%
$3,000 or more	0.0% (±1.6 points)	0.0%	3.0%	6.8%

The most common range is $500 to $999, paid by 50.1% of renting households.

3.9% of rented homes in St. Peter cost $2,000 or more a month.

St. Peter against Nicollet County, its state and the nation

Estimate (90% margin of error)
	St. Peter	Nicollet County	Minnesota	United States
Median gross rent	$961 (±$46)	$970 (±$26)	$1,280 (±$7)	$1,413
Rented homes paying rent	1,426 (±186)	3,473 (±284)	614,257 (±4,397)	42,849,984

In St. Peter, median gross rent is not measurably different from Nicollet County ($970).

It is also lower than in Minnesota ($1,280).

It is lower than the national figure ($1,413).

In Nicollet County, St. Peter ranks 9 of 11 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 676 of 1,347.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in St. Peter has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$861 (±$51)	$961 (±$46)	+11.6%	Down after inflation
Households that rent	35.0% (±3.6 points)	35.1% (±3.9 points)	+0.1 percentage points	Not a measurable change
Rental vacancy rate	0.5% (±0.8 points)	2.0% (±2.4 points)	+1.5 percentage points	Not a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near St. Peter

Nearest places with a published estimate, compared with St. Peter
Place	Distance	Median gross rent	Compared with this place
St. Peter	—	$961 (±$46)	—
Kasota	2.6 mi	$692 (±$141)	Lower
Kasota Township	2.8 mi	$1,042 (±$452)	Not measurably different
Traverse Township	4.8 mi	$2,227 (±$102)	Higher
Cleveland	6.6 mi	$817 (±$137)	Not measurably different
Lake Prairie Township	7.1 mi	$975 (±$580)	Not measurably different
Cleveland Township	7.4 mi	$951 (±$4)	Not measurably different
Lime Township	7.7 mi	$1,033 (±$379)	Not measurably different
Belgrade Township	8.6 mi	$1,393 (±$50)	Higher

Nearby places with a measurably lower figure: Kasota, MN ($692).

Nearby places with a measurably higher figure: Traverse Township, MN ($2,227), Belgrade Township, MN ($1,393).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Nicollet County, place by place

Rank	Place	Median gross rent
3	Belgrade Township	$1,393 (±$50)
4	West Newton Township	$1,125 (±$1,024)
5	Courtland	$1,066 (±$570)
6	Lafayette	$980 (±$158)
7	Lake Prairie Township	$975 (±$580)
8	North Mankato	$973 (±$35)
9	St. Peter	$961 (±$46)
10	Nicollet	$855 (±$67)
11	Lafayette Township	$814 (±$128)

Showing 9 of 11 places in Nicollet County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about St. Peter

What is the average rent in St. Peter, MN?

The Census Bureau publishes the median rather than the average: the median gross rent in St. Peter is $961 (±$46) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in St. Peter?

In St. Peter, the median gross rent went from $861 in 2015–2019 to $961 in 2020–2024 (+11.6%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

How many rentals in St. Peter cost more than $2,000 a month?

3.9% of rented homes in St. Peter have a gross rent of $2,000 or more a month, and 7.9% cost less than $500.

Is rent in St. Peter higher than in Nicollet County?

In St. Peter, median gross rent is not measurably different from Nicollet County ($970).

It is also lower than in Minnesota ($1,280).

It is lower than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for St. Peter city, Minnesota (place:58036, in state:27).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.