Cheap Apartments for Rent in the City Center Mankato Neighborhood of Mankato, MN from $500 (17 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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Highland Hills Apartments
Rent Specials
$750 - $1,980
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$750 - $1,980

Total Monthly Price
$750 - $1,980
Studio to 5 Bedroom Apartments Available Now

Highland Hills Apartments

1340 Warren StMankato, MN 56001
Active Lifestyle
  • Verified
  • Customer Reviewed
  • Utilities Included
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930 N 5th St
$750 - $1,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$750 - $1,000

Total Monthly Price
$750 - $1,000
1 to 2 Bedroom Apartment Available Sep 1

930 N 5th St

930 N 5th StMankato, MN 56001
Affordability
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112 Grove St, Unit 3
$900
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900
2 Bedroom Apartment Available Aug 1

112 Grove St, Unit 3

112 Grove StMankato, MN 56001
Affordability
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403 Riverfront N Dr
$935 - $1,145
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$935 - $1,145

Total Monthly Price
$935 - $1,145
1 to 2 Bedroom Apartment Available Now

403 Riverfront N Dr

403 Riverfront N DrMankato, MN 56001
Affordability
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The Grove at Mankato
$970 - $1,868
Total Monthly Price11 Month Lease Term

Total Monthly Price

Base Rent
$940 - $1,838
Required Monthly Fees
$30

Total Monthly Price
$970 - $1,868
1 to 3 Bedroom Apartments Available Now

The Grove at Mankato

200 Briargate RdMankato, MN 56001
Student Housing
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  • Customer Reviewed
  • 3D Tour

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Lewis Lofts
1 to 2 Bedroom Apartments

Lewis Lofts

209 Dewey StMankato, MN 56001
Senior Living
  • Utilities Included
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Sinclair Flats
1 to 3 Bedroom Apartments

Sinclair Flats

210 Dewey LnMankato, MN 56001

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Village Court Apartments
Rent Specials
$928 - $1,128
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$928 - $1,128

Total Monthly Price
$928 - $1,128
1 to 2 Bedroom Apartments Available Now

Village Court Apartments

1620 Village CtNorth Mankato, MN 56003
  • Verified
  • Customer Reviewed
  • Utilities Included

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 442 Belgrade Ave priced from $835. Lewis Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $855. Here are the most affordable City Center Mankato apartments for rent in Mankato, MN:

Apartment ListingModel NameBed/BathPriced From
442 Belgrade AveOne Bedroom1BR,1BA$835
Lewis Lofts1a1t1BR,1BA$855
Village Court Apartments1 Bed, 1 Bath (original)1BR,1BA$928
Village Place Apartments of MankatoOne Bedroom1BR,1BA$975
Cherry Ridge ApartmentsTax Credit2BR,1BA$995

Best Value Apartments for Rent in City Center Mankato, MN

As of June 26, 2026 the best value apartment in the City Center Mankato area is the $1.04 price per square foot 508 S 4th St Model at 508 S 4th St, Unit #1 in the in the University neighborhood starting from $2,600. The second greatest value City Center Mankato apartment is the Fox Run Townhomes Model at Fox Run Townhomes starting at $1,995 with a $1.13 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.
508 S 4th St, Unit #1508 S 4th St5BR,2BA$1.04
Fox Run TownhomesFox Run Townhomes2BR,2.5BA$1.13
Pfau Reed Apartments2 Beds, 1 bath2BR,1BA$1.02
Riverfront CourtThree Bedroom Two Bath3BR,2BA$1.36
Cherry Ridge ApartmentsTax Credit2BR,1BA$0.94
Sinclair Flats2 Bedroom2BR,1BA$1.34
1740 Lee Blvd, Unit 31740 Lee Blvd2BR,1BA$1.33
Village Court Apartments2 Bed, 1 Bath (renovated)2BR,1BA$1.33
442 Belgrade AveOne Bedroom1BR,1BA$1.04
Bunting Lane ApartmentsIndividual Roommates Included!2BR,2BA$0.92

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 442 Belgrade Ave which is listed at $835, while the average apartment in City Center Mankato costs $2,350.

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 12 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 $352 which is $1,998 cheaper than the average rent for all rentals in City Center 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.

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