Cheap Apartments for Rent in the City Center Mankato Neighborhood of Mankato, MN from $700 (29 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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525 S Broad St, Unit 3
$745
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$745

Total Monthly Price
$745
Studio Apartment Available Jan 1, 2026

525 S Broad St, Unit 3

525 S Broad StMankato, MN 56001
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930 N 5th St, Unit 3
$750
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750
1 Bedroom Apartment Available Jan 1, 2026

930 N 5th St, Unit 3

930 N 5th StMankato, MN 56001
Cost Per Sq.Ft.
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107 E Liberty St, Unit 3
$875
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875
1 Bedroom Apartment Available Now

107 E Liberty St, Unit 3

107 E Liberty StMankato, MN 56001
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1101 N 6th St, Unit 2
$900
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900
1 Bedroom Apartment Available Now

1101 N 6th St, Unit 2

1101 N 6th StMankato, MN 56001
Affordability
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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.

property at 218 Van Brunt St

218 Van Brunt St

MankatoMN56001

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.

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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1325 Fair Street, Unit Unit #1
$1,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200
2 Bedroom Apartment Available Now

1325 Fair Street, Unit Unit #1

1325 Fair StreetMankato, MN 56001
Affordability
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property at 633 S 2nd St

633 S 2nd St

MankatoMN56001
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Sinclair Flats
1 to 3 Bedroom Apartments

Sinclair Flats

210 Dewey LnMankato, MN 56001
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Hoover Estates
$1,065
Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Required Monthly Fees
$15

Total Monthly Price
$1,065
2 Bedroom Apartments Contact Us For Availability

Hoover Estates

1866 Lee BlvdNorth Mankato, MN 56003
  • Verified
  • Utilities Included
  • Low Income

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.

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1916 Haughton Ave, Unit 4
$1,150
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150
2 Bedroom Apartment Available Nov 1

1916 Haughton Ave, Unit 4

1916 Haughton AveNorth Mankato, MN 56003
Cost Per Sq.Ft.
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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 Studio unit found at Highland Hills Apartments priced from $750. Sinclair Flats has the second lowest priced unit, which is a 2 Beds apartment currently listed from $838. Here are the most affordable City Center Mankato apartments for rent in Mankato, MN:

Apartment ListingModel NameBed/BathPriced From
Highland Hills ApartmentsStudioStudio,1BA$750
Sinclair Flats2 Bedroom2BR,1BA$838
Village Place Apartments1 BR Large Floor Plan1BR,1BA$900
College Station1 Bedroom1BR,1BA$931
Glenwood Terrace2 BR/ 1 BA2BR,1BA$950
Knollcrest2 bed2BR,1BA$995
Commerce ApartmentsTwo Bedroom2BR,1BA$1,000

Best Value Apartments for Rent in City Center Mankato, MN

As of October 31, 2025 the best value apartment in the City Center Mankato area is the $1.19 price per square foot Fox Run Townhomes Model at Fox Run Townhomes in the in the City Center Mankato neighborhood starting from $2,095. The second greatest value City Center Mankato apartment is the Three Bedroom Model at 442 Belgrade Ave starting at $1,500 with a $0.94 price per square foot in the City Center Mankato 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.
Fox Run TownhomesFox Run Townhomes3BR,2.5BA$1.19
442 Belgrade AveThree Bedroom3BR,2BA$0.94
Dublin Road Townhomes3 Bedroom 1.5 Bath Affordable3BR,1.5BA$1.14
1104 N 5th St, Unit 3 Bed1104 N 5th St3BR,1BA$1.08
The Edge ApartmentsTwo Bedroom2BR,1BA$1.28
Sinclair Flats2 Bedroom2BR,1BA$0.89
Knollcrest2 bed2BR,1BA$1.11
Glenwood Terrace2 BR/ 1 BA2BR,1BA$1.14
1101 N 6th St, Unit 21101 N 6th St1BR,1BA$1.13
Bunting Lane ApartmentsTwo Bed2BR,1BA$0.82

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Pet Friendly Lifestyle
City Center Mankato, Mankato, MN

Ranked #8

Among cities in Minnesota 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

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

The lowest price for a Cheap One Bedroom City Center Mankato Apartment is $830 at Highland Hills Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in City Center Mankato is starting from $838 at Sinclair Flats.

What is the most affordable City Center Mankato Three Bedroom Apartment?

The best deal on a cheap City Center Mankato Three Bedroom Apartment rental is at Cedar Meadow Apartments and starts from $1,249.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.