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$295 - $1,980
Total Monthly Price
Base Rent$295 - $1,980
Total Monthly Price$295 - $1,980
Highland Hills Apartments
1340 Warren StMankato, MN 56001
Cheap Apartments for Rent in Mankato, MN from $427 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in Mankato.
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Rent Specials
$427 - $2,1355 Bedroom Apartments Available Now
Plus Fees12 Month Lease Term
College Station
1341 Pohl RdMankato, MN 56001
335 Bradley St, Unit Left Side
335 Bradley St
MankatoMN56001
322 E Walnut St
MankatoMN56001
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$800
Total 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 Price
Base Rent$800
Total Monthly Price$800
315 E Walnut St, Unit #2
315 E Walnut StMankato, MN 56001
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$880 - $9851 to 2 Bedroom Apartments Available Now
Plus Fees12 Month Lease Term
Glenwood Terrace
107-115 Parkway AveMankato, MN 56001
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$900 - $1,0001 to 2 Bedroom Apartments Available Now
Plus Fees12 Month Lease Term
Valley View Apartments
450-470 James AveMankato, MN 56001
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$9002 Bedroom Apartments Available Oct 1
426 N 5th St, Unit 1
426 N 5th StMankato, MN 56001
100 Glenwood Ave
MankatoMN56001
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.
226 Bradley St
MankatoMN56001
525 S Broad St
MankatoMN56001
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Rent Specials
$970 - $1,829
Total 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
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$975
Total Monthly Price
Base Rent$975
Total Monthly Price$975
221 State St, Unit 1
221 State StMankato, MN 56001
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Rent Specials
$980 - $1,517
Total Monthly Price
Base Rent$950 - $1,487
Required Monthly Fees$30
Total Monthly Price$980 - $1,517
River Bluff Apartments
405 N 5th StMankato, MN 56001
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$1,000
Total Monthly Price
Base Rent$1,000
Total Monthly Price$1,000
930 N 5th St, Unit 2
930 N 5th StMankato, MN 56001
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$1,004 - $1,2041 to 2 Bedroom Apartments Available Now
Plus Fees12 Month Lease Term
Southwood Flats
520 James AveMankato, MN 56001
224 Carroll St
MankatoMN56001
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$1,045 - $1,1252 Bedroom Apartments Contact Us For Availability
Plus Fees12 Month Lease Term
Gray Hawk Apartments
160-180 Homestead RdMankato, MN 56001
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$1,070
Total Monthly Price
Base Rent$1,070
Total Monthly Price$1,070
501 N 5th St, Unit Upper Level 1/2
501 N 5th StMankato, MN 56001
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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$1,0751 Bedroom Apartments Available Now
Plus Fees
Cherry Square
500 S 2nd StMankato, MN 56001
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Rent Specials
$1,080 - $1,330
Total 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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Rent Specials
$1,099 - $1,2993 Bedroom Apartments Available Now
Plus Fees12 Month Lease Term
Cedar Meadow Apartments
701 S Victory DrMankato, 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
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1 to 3 Bedroom Apartments
Eastport Apartments
1001 Eastport DrMankato, 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
Sinclair Flats
210 Dewey LnMankato, 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
Rosa Place
510 Timberwolf DrMankato, 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
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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1 to 2 Bedroom Apartments
Parkway Apartments
101-103 Parkway AveMankato, MN 56001
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1 to 3 Bedroom Apartments
Cherry Ridge Apartments
101 Glenwood AveMankato, 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
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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
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.
815 N 4th St
MankatoMN56001
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2 Bedroom Apartments
Rita Road
188-192 Rita RdMankato, MN 56001
914 Lyndale St
North MankatoMN56003
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$7251 Bedroom Apartments Available Now
138 N Agency St, Unit 4
138 N Agency StEagle Lake, MN 56024
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$750 - $8751 to 2 Bedroom Apartments Available Now
Plus Fees12 Month Lease Term
Colony Court Apartments
1621 Colony CtNorth Mankato, MN 56003
315 Belgrade Ave, Unit 3
315 Belgrade Ave
North MankatoMN56003
423 Nicollet Ave
North MankatoMN56003
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$918 - $1,218
Total Monthly Price
Base Rent$895 - $1,195
Required Monthly Fees$23
Total Monthly Price$918 - $1,218
Hoover Estates
1866 Lee BlvdNorth 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 | $1,154 | $900 | $1,315 |
| Cheap Mankato 1 Bedroom Apartments | $1,245 | $724 | $2,155 |
| Cheap Mankato 2 Bedroom Apartments | $1,377 | $722 | $2,155 |
| Cheap Mankato 3 Bedroom Apartments | $1,552 | $1,099 | $2,415 |
| Cheap Mankato 4 Bedroom Apartments | $1,980 | $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
- Nearby Cities
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Cheapest Available Mankato Apartments for Rent
The cheapest available apartment rental in Mankato, MN is a 5 Beds unit found at Highland Hills Apartments in the University neighborhood priced from $295. College Station in the University neighborhood has the second lowest priced unit, which is a 5 Beds apartment currently listed from $427. Here is today’s list of the most affordable Mankato apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highland Hills Apartments | Highland East B | 5BR,2BA | $295 |
| College Station | 5 Bedroom 2 bath | 5BR,2BA | $427 |
| Lewis Lofts | 1a1t | 1BR,1BA | $465 |
| Colony Court Apartments | MNCCT 1x1 627sqft | 1BR,1BA | $750 |
| Hoover Estates | Efficient One Bedroom Apartment Home | 1BR,1BA | $918 |
| Parkway Apartments | 1 Bed, 1 Bath | 1BR,1BA | $974 |
| Glenwood Terrace | 2 BR/ 1 BA | 2BR,1BA | $985 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $995 |
| Key City Group, LLC (BT) | 2BR/1.0BA | 2BR,1BA | $995 |
Best Value Apartments for Rent in Mankato, MN
As of September 09, 2026 the best value apartment in the Mankato area is the $0.91 price per square foot 428 Deldona Dr Model at 428 Deldona Dr, Unit 4 in the in the University neighborhood starting from $1,745. The second greatest value Mankato apartment is the 101 S Broad St Model at 101 S Broad St, Unit 1 starting at $1,200 with a $0.80 price per square foot in the University 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. |
|---|---|---|---|
| 428 Deldona Dr, Unit 4 | 428 Deldona Dr | 3BR,2BA | $0.91 |
| 101 S Broad St, Unit 1 | 101 S Broad St | 2BR,1BA | $0.80 |
| College Station | 5 Bedroom 2 bath | 5BR,2BA | $0.32 |
| 214 Heather Ln, Unit 3 | 214 Heather Ln | 3BR,2BA | $0.96 |
| 120 Locust St, Unit 7 Lower | 120 Locust St | 3BR,2BA | $0.88 |
| 930 N 5th St, Unit 2 | 930 N 5th St | 2BR,1BA | $1.05 |
| Key City Group, LLC (BT) | 2BR/1.0BA | 2BR,1BA | $1.12 |
| 315 E Walnut St, Unit #2 | 315 E Walnut St | 1BR,1BA | $1.00 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.73 |
| Lewis Lofts | 1a1t | 1BR,1BA | $0.75 |
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.
Read Article
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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
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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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Best Local Schools in Mankato, MN
Mankato West Senior High School
Mankato Public School District
Public School - Grades 9-12 (1232)
8 out of 10
Prairie Winds Middle School
Mankato Public School District
Public School - Grades 6-8 (887)
6 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mankato, MN Rentals by Map
See the most popular apartments and homes in Mankato, MN
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 Skyway Properties LLC listed at $1,150.
How much is rent for a Cheap One Bedroom Mankato Apartment?
The lowest price for a Cheap One Bedroom Mankato Apartment is $465 at Lewis Lofts.
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 $875 at Colony Court Apartments.
What is the most affordable Mankato Three Bedroom Apartment?
The best deal on a cheap Mankato Three Bedroom Apartment rental is at Cedar Meadow Apartments and starts from $1,099.
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.