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$750
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Sep 1Total Monthly Price
Base Rent
$750
Total Monthly Price
$750
200 E Elm St, Unit Apt 4
200 E Elm StMankato, MN 56001
Cheap Apartments for Rent in the City Center Mankato Neighborhood of Mankato, MN from $400 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the City Center Mankato area of Mankato.
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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
620 S 2nd St
MankatoMN56001
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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
107 E Liberty St
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.
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$855 - $1,980
Total Monthly Price12 Month Lease Term
1 to 5 Bedroom Apartments Available NowTotal Monthly Price
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$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 NowGlenwood Terrace
107-115 Parkway AveMankato, MN 56001
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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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1 to 2 Bedroom Apartments
Lewis Lofts
209 Dewey StMankato, MN 56001
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1 to 3 Bedroom Apartments
Sinclair Flats
210 Dewey LnMankato, 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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$835 - $1,600
Plus Fees
1 to 3 Bedroom Apartments Available NowKey City Group, LLC (BT)
442 Belgrade AveNorth Mankato, MN 56003
Showing Results 1-11, Page 1 of 1
City Center Mankato, Mankato, MN Local Guide
How much does it cost to rent an apartment in City Center Mankato?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| City Center Mankato Studio Apartments | $1,150 | $1,150 | $1,150 |
| City Center Mankato 1 Bedroom Apartments | $1,240 | $750 | $2,155 |
| City Center Mankato 2 Bedroom Apartments | $1,351 | $985 | $2,150 |
| City Center Mankato 3 Bedroom Apartments | $1,534 | $1,150 | $2,095 |
| City Center Mankato 4 Bedroom Apartments | $1,880 | $1,780 | $1,980 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the City Center Mankato Neighborhood of Mankato, MN.
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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 Key City Group, LLC (BT) priced from $835. Highland Hills Apartments 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Key City Group, LLC (BT) | 1BR/1.0BA | 1BR,1BA | $835 |
| Highland Hills Apartments | Maplewood Place | 1BR,1BA | $855 |
| Glenwood Terrace | 1 BR/1 BA | 1BR,1BA | $880 |
| Village Court Apartments | 1 Bed, 1 Bath (original) | 1BR,1BA | $928 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $995 |
Best Value Apartments for Rent in City Center Mankato, MN
As of August 18, 2026 the best value apartment in the City Center Mankato area is the $0.80 price per square foot 101 S Broad St Model at 101 S Broad St, Unit 1 in the in the University neighborhood starting from $1,200. The second greatest value City Center Mankato apartment is the 120 Locust St Model at 120 Locust St, Unit 7 Lower starting at $1,150 with a $0.88 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 101 S Broad St, Unit 1 | 101 S Broad St | 2BR,1BA | $0.80 |
| 120 Locust St, Unit 7 Lower | 120 Locust St | 3BR,2BA | $0.88 |
| Tartan Glen | 2 Bedroom 1 Bath | 2BR,1BA | $1.26 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Market | 3BR,1.5BA | $1.20 |
| 422 Commodore Dr, Unit Unit 426 | 422 Commodore Dr | 2BR,1BA | $1.05 |
| 939 E Main St, Unit 939 East Main Street | 939 E Main St | 2BR,1BA | $1.20 |
| 501 N 5th St, Unit Upper Level 1/2 | 501 N 5th St | 2BR,1BA | $1.20 |
| Key City Group, LLC (BT) | 2BR/1.0BA | 2BR,1BA | $1.23 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $1.21 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.66 |
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 Key City Group, LLC (BT) which is listed at $835, while the average apartment in City Center Mankato costs $1,280.
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 22 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 $373 which is $907 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.
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.
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.
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.