Cheap Homes for Rent in City Center Mankato Neighborhood of Mankato, MN from $600 (3 Rentals)

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

property at 633 S 2nd St

$695

Total Monthly Price

Total Monthly Price

Base Rent
$695

Total Monthly Price
$695

1 Bedroom, 1 Bath Condo for Rent

Available Now

633 S 2nd St

MankatoMN56001

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 115 Renet Path

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

3 Bedroom, 3 Bath Townhome for Rent

Available Jul 1

115 Renet Path

MankatoMN56001

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 120 Center St

$2,600

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,600

Total Monthly Price
$2,600

4 Bedroom, 2 Bath Home for Rent

Available Now

120 Center St

MankatoMN56001

Best Value Apartments for Rent in City Center Mankato, MN

As of May 05, 2026 the best value apartment in the City Center Mankato area is the $1.19 price per square foot 3 bed 2.5 bath (Exterior) 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 220 State St Model at 220 State St starting at $1,400 with a $1.00 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.
Fox Run Townhomes3 bed 2.5 bath (Exterior)3BR,2.5BA$1.19
220 State St220 State St3BR,1BA$1.00
Sibley Village TownhomesTwo Bedroom One Half Bathroom2BR,1.5BA$1.16
Dublin Road Townhomes3 Bedroom 1.5 Bath Market3BR,1.5BA$1.20
Legacy Park EstatesThree Bedroom 1.75 Bathroom3BR,1.75BA$1.22
313 E Rock St, Unit 2313 E Rock St2BR,1BA$1.25
Sinclair Flats2 Bedroom2BR,1BA$0.89
305 1/2 Elm St, Unit 305.5305 1/2 Elm St1BR,1BA$1.02
442 Belgrade AveOne Bedroom1BR,1BA$1.04
Bunting Lane ApartmentsIndividual Roommates Included!2BR,2BA$0.92

Frequently Asked Questions about City Center Mankato

What type of rentals are currently available in City Center Mankato?

There are currently 60 Apartments for Rent in City Center Mankato, MN with pricing that ranges from $750 to $2,794. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in City Center Mankato ranging from $695 to $2,600.

What is the current price range for Rental Homes in City Center Mankato?

Today's rental pricing for Homes for Rent, Condos and Townhomes in City Center Mankato ranges from $695 to $2,600 with an average monthly rent of $1,748.

How much are larger Three and Four Bedroom Rentals in City Center Mankato?

For those who are looking for larger living arrangements, Three Bedroom Apartments in City Center Mankato range from $1,200 to $2,794, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $1,950. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $1,780.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.