Cheap Apartments for Rent in the City Center Mankato Neighborhood of Mankato, MN from $700 (12 Rentals)

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Search the lowest-cost Apartments available for rent right now in the City Center Mankato area of Mankato.

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Sinclair Flats
1 to 3 Bedroom Apartments

Sinclair Flats

210 Dewey LnMankato, MN 56001

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

City Center Mankato, Mankato, MN Local Guide

Cheapest Available City Center Mankato Apartments for Rent

 

The cheapest available apartment rental in the City Center Mankato area of Mankato, MN is a 1 Bed unit found at Highland Hills Apartments priced from $775. Village Court Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $949. Here are the most affordable City Center Mankato apartments for rent in Mankato, MN:

Apartment ListingModel NameBed/BathPriced From
Highland Hills ApartmentsElm Tree Court1BR,1BA$775
Village Court Apartments2 Bed, 1 Bath (original)2BR,1BA$949
River Bluff ApartmentsTwo Bedroom2BR,1BA$1,070
Riverfront CourtTwo Bedroom/ One Bathroom w Balcony2BR,1BA$1,120
Southwood Flats1 Bed, 1 Bath (remodeled)1BR,1BA$1,124

Best Value Apartments for Rent in City Center Mankato, MN

As of June 17, 2025 the best value apartment in the City Center Mankato area is the $0.93 price per square foot 220 State St Model at 220 State St, Unit #2 2nd Floor in the in the University neighborhood starting from $1,400. The second greatest value City Center Mankato apartment is the Three Bedroom Two Bath Model at Riverfront Court starting at $1,450 with a $1.36 price per square foot in the University neighborhood. Here is today’s list of the best values for City Center Mankato apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
220 State St, Unit #2 2nd Floor220 State St3BR,1BA$0.93
Riverfront CourtThree Bedroom Two Bath3BR,2BA$1.36
The Grove at MankatoB2C3BR,2BA$1.41
River Bluff ApartmentsTwo Bedroom2BR,1BA$1.38
Axis Lofts1 Bedroom1BR,1BA$1.84
Southwood Flats1 Bed, 1 Bath (remodeled)1BR,1BA$1.49
Village Court Apartments1 Bed, 1 Bath (renovated)1BR,1BA$1.37
Highland Hills ApartmentsElm Tree Court1BR,1BA$1.79
107 E Liberty St, Unit 2107 E Liberty St1BR,1BA$3.16

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Pet Friendly Lifestyle
City Center Mankato, Mankato, MN

Ranked #7

Among neighborhoods in Mankato, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the City Center Mankato Neighborhood in Mankato, MN

Walk Score®

78 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

86 / 100

Very Bikeable

Biking is convenient for most trips

Frequently Asked Questions about Cheap City Center Mankato Apartments

What is the price of a cheap apartment in City Center Mankato?

The cheapest apartment in City Center Mankato is Highland Hills Apartments which is listed at $775, while the average apartment in City Center Mankato costs $1,812.

What types of apartments are the cheapest in City Center 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 6 regular apartments in City Center 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 City Center Mankato?

Cheap apartments in City Center Mankato have an average cost of $1,300 which is $512 cheaper than the average rent for all rentals in City Center Mankato.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.