Cheap Apartments for Rent in Mankato, KS from $500 (54 Rentals)

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Search the lowest-cost Apartments available for rent right now in Mankato.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Eagle Landing
Rent Specials
$950
Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950
3 Bedroom Apartments Contact Us For Availability

Eagle Landing

442 W 18th StJunction City, KS 66441
Cost Per Sq.Ft.
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  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Abilene Plaza
1 to 2 Bedroom Apartments

Abilene Plaza

510 NW 2nd StAbilene, KS 67410
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Pony Run
1 to 3 Bedroom Apartments

Pony Run

211 S 17th StMarysville, KS 66508
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Golden Ridge
1 to 2 Bedroom Apartments

Golden Ridge

1708 NW 17th StAbilene, KS 67410
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Hickory Hills Residences
2 to 3 Bedroom Apartments

Hickory Hills Residences

2610 Strauss BlvdJunction City, KS 66441
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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611 Tri-Plex
2 to 4 Bedroom Apartments

611 Tri-Plex

611 W 25th StKearney, NE 68845
Student Housing
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535 Flats
Studio to 4 Bedroom Apartments

535 Flats

535 N Minden AveMinden, NE 68959
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832 Flats
1 to 2 Bedroom Apartments

832 Flats

322 E 6th StMinden, NE 68959
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Autumn Park Apartments
2 to 3 Bedroom Apartments

Autumn Park Apartments

3720 W State StGrand Island, NE 68803
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-50, Page 1 of 2

Mankato, KS Local Guide

Cheapest Available Mankato Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mankato, KS is a 1 Bed unit found at Burlington Place priced from $675. Old Walnut has the second lowest priced unit, which is a Studio apartment currently listed from $745. Here is today’s list of the most affordable Mankato apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Burlington Place1 Bed 1 Bath1BR,1BA$675
Old WalnutStudioStudio,1BA$745
The Bluffs (KS)StudioStudio,1BA$750
HANGAR 55 AT THEATRE DISTRICTTetonStudio,1BA$965
The Reserves at Prairie GlenTwo Bedroom Two Bath2BR,2BA$1,030
Talon ApartmentsThe Phillips (Lakeside)1BR,1BA$1,049
Village at Kearney ApartmentsThree Bedroom Two Bath3BR,2BA$1,050
Heartland FlatsMarlowe1BR,1BA$1,065
Cedar Ridge2 Bed 2 Bath2BR,2BA$1,080
Ridgeland Park Apartments in YorkYork2BR,1BA$1,095

Best Value Apartments for Rent in Mankato, KS and Nearby

As of June 13, 2026 the best value apartment in the Mankato area is the $1.04 price per square foot 3 Bedroom Model at LongLeaf Apartments in the starting from $1,145. The second greatest value Mankato apartment is the Three Bedroom Two Bath Model at Village at Kearney Apartments starting at $1,050 with a $1.01 price per square foot . Here is today’s list of the best values for Mankato apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
LongLeaf Apartments3 Bedroom3BR,2BA$1.04
Village at Kearney ApartmentsThree Bedroom Two Bath3BR,2BA$1.01
The Reserves at Prairie GlenTwo Bedroom Two Bath2BR,2BA$1.07
Cedar Ridge2 Bed 2 Bath2BR,2BA$1.20
Pioneer Trail FlatsThe Malone w/ garage1BR,1BA$1.37
Ridgeland Park Apartments in YorkYork2BR,1BA$1.34
Heartland FlatsMarlowe1BR,1BA$1.43
Burlington Place1 Bed 1 Bath1BR,1BA$1.01
The Bluffs (KS)StudioStudio ,1BA$1.15
HANGAR 55 AT THEATRE DISTRICTTetonStudio ,1BA$1.68

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Mankato, KS Rentals by Map

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See the most popular apartments and homes in Mankato, KS

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Frequently Asked Questions about Cheap Mankato Apartments

What is the Cheapest Studio apartment in Mankato?

Currently the most affordable Cheap Studio Apartment in Mankato is at Old Walnut listed at $745.

How much is rent for a Cheap One Bedroom Mankato Apartment?

The lowest price for a Cheap One Bedroom Mankato Apartment is $675 at Burlington Place.

What is the lowest price for a Cheap Two Bedroom Mankato Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mankato is starting from $950 at The Bluffs (KS).

What is the most affordable Mankato Three Bedroom Apartment?

The best deal on a cheap Mankato Three Bedroom Apartment rental is at Village at Kearney Apartments and starts from $1,050.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.