
Cheap Apartments for Rent in the City Center Mankato Neighborhood of Mankato, MN from $400 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the City Center Mankato area of Mankato.


Highland Hills Apartments

Village Place Apartments

Glenwood Terrace

Valley View Apartments

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717 N 2nd St, Unit 4
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157 E Welcome Ave, Unit 1

Cherry Square

Gray Hawk Apartments

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612 N 4th St, Unit 1

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149 E Welcome Ave, Unit 4

Total Monthly Price
608 N 4th St, Unit 1
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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.

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River Bluff Apartments

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Pfau Reed Apartments

Sinclair Flats

442 Belgrade Ave

Commerce Apartments

Village Court Apartments
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Total Monthly Price
Hoover Estates
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 | $792 | $750 | $835 |
| City Center Mankato 1 Bedroom Apartments | $1,440 | $451 | $2,146 |
| City Center Mankato 2 Bedroom Apartments | $1,588 | $538 | $2,396 |
| City Center Mankato 3 Bedroom Apartments | $1,846 | $885 | $2,830 |
| City Center Mankato 4 Bedroom Apartments | $1,717 | $1,500 | $1,880 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the City Center Mankato Neighborhood of Mankato, MN.
See all Apartments in MankatoExplore Mankato
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 Lewis Lofts priced from $451. Highland Hills Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable City Center Mankato apartments for rent in Mankato, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lewis Lofts | 1a1t | 1BR,1BA | $451 |
| Highland Hills Apartments | Elm Tree Court | 1BR,1BA | $800 |
| Village Place Apartments | Studio | Studio,1BA | $835 |
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $835 |
| Sinclair Flats | 2 Bedroom | 2BR,1BA | $839 |
Best Value Apartments for Rent in City Center Mankato, MN
As of January 26, 2026 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 One Half Bathroom Model at Sibley Village Townhomes starting at $1,795 with a $1.16 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. |
|---|---|---|---|
| Fox Run Townhomes | Fox Run Townhomes | 3BR,2.5BA | $1.19 |
| Sibley Village Townhomes | Three Bedroom One Half Bathroom | 3BR,1.5BA | $1.16 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Affordable | 3BR,1.5BA | $1.17 |
| 1104 N 5th St, Unit 3 Bed | 1104 N 5th St | 3BR,1BA | $1.08 |
| Sinclair Flats | 3 Bedroom | 3BR,2BA | $1.21 |
| Pfau Reed Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.00 |
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $0.92 |
| 608 N 4th St, Unit 1 | 608 N 4th St | 2BR,1BA | $1.24 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.92 |
| Lewis Lofts | 1a1t | 1BR,1BA | $0.73 |
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 Lewis Lofts which is listed at $451, while the average apartment in City Center Mankato costs $2,305.
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 19 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 $618 which is $1,687 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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.