323 Warren St, Unit 3
323 Warren St
MankatoMN56001
Cheap Apartments for Rent in Mankato, MN from $500 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in Mankato.
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$775
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Sep 1Total Monthly Price
Base Rent
$775
Total Monthly Price
$775
200 E Elm St, Unit Apt 4
200 E Elm StMankato, MN 56001
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$795Studio Apartments Available Aug 1
301 N Riverfront Dr, Unit 304
301 N Riverfront DrMankato, MN 56001
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$800
Total Monthly Price6 Month Lease Term
1 Bedroom Apartment Available Sep 1Total Monthly Price
Base Rent
$800
Total Monthly Price
$800
315 E Walnut St, Unit #2
315 E Walnut StMankato, MN 56001
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$800
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Sep 15Total Monthly Price
Base Rent
$800
Total Monthly Price
$800
609 S Broad St, Unit 4
609 S Broad StMankato, MN 56001
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$800
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$800
Total Monthly Price
$800
526 Carney Ave, Unit 526
526 Carney AveMankato, MN 56001
222 1/2 W 6th St.
222 1/2 W 6th St
MankatoMN56001
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$855 - $1,980
Total Monthly Price12 Month Lease Term
1 to 5 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$855 - $1,980
Total Monthly Price
$855 - $1,980
Highland Hills Apartments
1340 Warren StMankato, MN 56001
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Rent Specials
$880 - $985
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Aug 1Glenwood Terrace
107-115 Parkway AveMankato, MN 56001
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$900
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available Jul 31Village Place Apartments of Mankato
100-104 Thomas DrMankato, MN 56001
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$900 - $1,000
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowValley View Apartments
450-470 James AveMankato, MN 56001
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$925 - $1,095
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowCherry Ridge Apartments
101 Glenwood AveMankato, MN 56001
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$950
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$950
Total Monthly Price
$950
125 N Broad St, Unit 125 N Broad St Apt 1
125 N Broad StMankato, MN 56001
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$970 - $1,829
Total Monthly Price11 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$940 - $1,799
Required Monthly Fees
$30
Total Monthly Price
$970 - $1,829
The Grove at Mankato
200 Briargate RdMankato, MN 56001
525 S Broad St
MankatoMN56001
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$990
Total Monthly Price12 Month Lease Term
3 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$990
Total Monthly Price
$990
909 S Front St, Unit 3
909 S Front StMankato, MN 56001
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$1,000
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Sep 1Total Monthly Price
Base Rent
$1,000
Total Monthly Price
$1,000
930 N 5th St, Unit 2
930 N 5th StMankato, MN 56001
212 Alta Dr
MankatoMN56001
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$1,000 - $2,350
Plus Fees12 Month Lease Term
1 to 5 Bedroom Apartments Available NowHuntington Hills Apartments & Townhomes
744 James AveMankato, MN 56001
224 Carroll St
MankatoMN56001
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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$1,025
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$1,025
Total Monthly Price
$1,025
500 Belle Ave, Unit 1
500 Belle AveMankato, MN 56001
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$1,045 - $1,125
Plus Fees12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityGray Hawk Apartments
160-180 Homestead RdMankato, MN 56001
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$1,049 - $1,249
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowSouthwood Flats
520 James AveMankato, MN 56001
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$1,070 - $1,690
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,055 - $1,675
Required Monthly Fees
$15
Total Monthly Price
$1,070 - $1,690
Woodside Apartments
161-351 E Roosevelt CirMankato, MN 56001
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$1,075
Plus Fees
1 Bedroom Apartments Available Aug 1Cherry Square
500 S 2nd StMankato, MN 56001
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Rent Specials
$1,080 - $1,330
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,050 - $1,300
Required Monthly Fees
$30
Total Monthly Price
$1,080 - $1,330
The Edge Apartments
1902 Warren StMankato, MN 56001
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$1,095
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Aug 15Total Monthly Price
Base Rent
$1,095
Total Monthly Price
$1,095
501 N 5th St, Unit Upper Level 1/2
501 N 5th StMankato, MN 56001
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$1,100
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,100
Total Monthly Price
$1,100
429 State St, Unit 203
429 State StMankato, MN 56001
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1 to 2 Bedroom Apartments
Lewis Lofts
209 Dewey StMankato, MN 56001
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Studio to 2 Bedroom Apartments
404 S 4th St
404 S 4th StMankato, MN 56001
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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1 to 3 Bedroom Apartments
Eastport Apartments
1001 Eastport DrMankato, MN 56001
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1 to 2 Bedroom Apartments
Parkway
101-103 Parkway AveMankato, MN 56001
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Studio to 2 Bedroom Apartments
River Bluff Suites
123 N 4th StMankato, MN 56001
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1 to 3 Bedroom Apartments
Rosa Place
510 Timberwolf DrMankato, MN 56001
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1 to 3 Bedroom Apartments
Rosa Place Apartments II
875 Heron drMankato, MN 56001
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1 to 3 Bedroom Apartments
The Preserve Apartments
240 Jaycee CtMankato, MN 56001
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1 to 2 Bedroom Apartments
Hilltop Lane Apartments
50 Hilltop LnMankato, MN 56001
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2 to 3 Bedroom Apartments
Colette Townhomes
428 Commodore DrMankato, MN 56001
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2 Bedroom Apartments
Knollcrest
120-122 Knollcrest DrMankato, MN 56001
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1 to 3 Bedroom Apartments
Wesley Place
319 E Washington StMankato, MN 56001
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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1 to 3 Bedroom Apartments
Sinclair Flats
210 Dewey LnMankato, MN 56001
325 E Washington St
MankatoMN56001
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1 to 2 Bedroom Apartments
Meadow Rivers Apartments
1251-1261 Pohl RdMankato, MN 56001
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1 to 2 Bedroom Apartments
Echo Rivers
115 Echo StMankato, MN 56001
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Studio to 2 Bedroom Apartments
107 S 5th St
107 S 5th StMankato, MN 56001
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2 Bedroom Apartments
Rita Road
188-192 Rita RdMankato, MN 56001
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$835 - $1,600
Plus Fees
1 to 3 Bedroom Apartments Available Now442 Belgrade Ave
442 Belgrade AveNorth Mankato, MN 56003
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Rent Specials
$928 - $1,178
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$928 - $1,178
Total Monthly Price
$928 - $1,178
Village Court Apartments
1620 Village CtNorth Mankato, MN 56003
630 Lyndale St
North MankatoMN56003
1711 Northway Dr
North MankatoMN56003
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.
Showing Results 1-50, Page 1 of 2
Mankato, MN Local Guide
How much does it cost to rent an apartment in Mankato?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Mankato Studio Apartments | $1,136 | $795 | $1,315 |
| Cheap Mankato 1 Bedroom Apartments | $1,242 | $775 | $2,155 |
| Cheap Mankato 2 Bedroom Apartments | $1,331 | $975 | $2,025 |
| Cheap Mankato 3 Bedroom Apartments | $1,593 | $990 | $2,150 |
| Cheap Mankato 4 Bedroom Apartments | $1,920 | $1,780 | $2,080 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Mankato
See all Apartments in MankatoExplore Mankato
Mankato, MN Local Guide
- Mankato Neighborhoods
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Cheapest Neighborhoods for Apartments in Mankato, MN
Pricing Updated: 07/25/2026Current apartment rentals in the Mankato, MN area range in price from $775 to $2,350 with an overall median price of $2,196. The three Mankato neighborhoods with the lowest median rent pricing are North Industrial Mankato at $775, Downtown Mankato at $775, and The Prairie at $775. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Mankato Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| North Industrial Mankato | $1,800 | $775 | 31 |
| Downtown Mankato | $1,940 | $775 | 8 |
| The Prairie | $2,135 | $775 | 48 |
| City Center Mankato | $2,242 | $775 | 99 |
| East Mankato | $2,242 | $775 | 89 |
| Erlandson Park | $2,242 | $775 | 90 |
| Five Corners | $2,242 | $775 | 97 |
| Indian Lake | $2,242 | $800 | 102 |
| Lincoln Park | $2,242 | $775 | 100 |
| Riverfront Park | $2,242 | $775 | 96 |
Cheapest Available Mankato Apartments for Rent
The cheapest available apartment rental in Mankato, MN is a 1 Bed unit found at Village Court Apartments in the North Mankato neighborhood priced from $928. 442 Belgrade Ave in the North Mankato neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here is today’s list of the most affordable Mankato apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village Court Apartments | 1 Bed, 1 Bath (original) | 1BR,1BA | $928 |
| 442 Belgrade Ave | Two Bedroom | 2BR,1BA | $995 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $995 |
| Valley View Apartments | Two Bedroom | 2BR,1BA | $1,000 |
| Huntington Hills Apartments & Townhomes | 1BR Apartment | 1BR,1BA | $1,000 |
| Commerce Apartments | Two Bedroom | 2BR,1BA | $1,000 |
| Wesley Place | Wesley Place - 8 | 2BR,1BA | $1,025 |
| Sinclair Flats | 2 Bedroom | 2BR,1BA | $1,025 |
Best Value Apartments for Rent in Mankato, MN
As of July 26, 2026 the best value apartment in the Mankato area is the $1.20 price per square foot 3 Bedroom 1.5 Bath Market Model at Dublin Road Townhomes in the in the City Center Mankato neighborhood starting from $1,525. The second greatest value Mankato apartment is the Three Bedroom 1.75 Bathroom Model at Legacy Park Estates starting at $1,514 with a $1.24 price per square foot in the City Center Mankato neighborhood. Here is today’s list of the best values for Mankato apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Market | 3BR,1.5BA | $1.20 |
| Legacy Park Estates | Three Bedroom 1.75 Bathroom | 3BR,1.75BA | $1.24 |
| 909 S Front St, Unit 3 | 909 S Front St | 3BR,1BA | $0.83 |
| Pfau Reed Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.02 |
| 125 N Broad St, Unit 125 N Broad St Apt 1 | 125 N Broad St | 1BR,1BA | $0.95 |
| Sinclair Flats | 2 Bedroom | 2BR,1BA | $1.09 |
| 442 Belgrade Ave | Two Bedroom | 2BR,1BA | $1.12 |
| Wesley Place | Wesley Place - 8 | 2BR,1BA | $1.17 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $1.21 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.92 |
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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Best Local Schools in Mankato, MN
Prairie Winds Middle School
Mankato Public School District
Public School - Grades 6-8 (954)
5 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Mankato, MN
Frequently Asked Questions about Cheap Mankato Apartments
What is the price of a cheap apartment in Mankato?
The cheapest apartment in Mankato is Village Court Apartments which is listed at $928, while the average apartment in Mankato costs $2,196.
What types of apartments are the cheapest in Mankato?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 139 regular apartments in Mankato that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Mankato?
Cheap apartments in Mankato have an average cost of $454 which is $1,742 cheaper than the average rent for all rentals in Mankato.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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.