315 Belgrade Ave, Unit 3
315 Belgrade Ave
North MankatoMN56003
Cheap Homes for Rent in the Downtown Mankato Neighborhood of Mankato, MN from $860 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Mankato area of Mankato.
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.
103 Locust St
MankatoMN56001
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.
Showing Results 1-2, Page 1 of 1
Downtown Mankato, Mankato, MN Local Guide
How much does it cost to rent a home in Downtown Mankato?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Mankato 2 Bedroom Homes for Rent | $1,750 | $1,750 | $1,750 |
| Downtown Mankato 3 Bedroom Homes for Rent | $1,795 | $1,295 | $2,295 |
| Downtown Mankato 4 Bedroom Homes for Rent | $1,973 | $1,425 | $2,300 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Downtown Mankato Neighborhood of Mankato, MN.
Explore Mankato
Downtown Mankato, Mankato, MN Local Guide
- Nearby Mankato neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Best Value Apartments for Rent in Downtown Mankato, MN
As of September 04, 2026 the best value apartment in the Downtown Mankato area is the $1.96 price per square foot 2BR/2.0BA Model at Bridge Plaza Apartments in the in the University neighborhood starting from $4,000. The second greatest value Downtown Mankato apartment is the 101 S Broad St Model at 101 S Broad St, Unit 1 starting at $1,200 with a $0.80 price per square foot in the University neighborhood. Here is today’s list of the best values for Downtown Mankato apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bridge Plaza Apartments | 2BR/2.0BA | 2BR,2BA | $1.96 |
| 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 |
| Riverfront Court | New Three Bedroom/ Two Bath | 3BR,2BA | $1.68 |
| Wesley Place | Wesley Place - 8 | 2BR,1BA | $1.17 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $1.21 |
| 315 E Walnut St, Unit #2 | 315 E Walnut St | 1BR,1BA | $1.00 |
| The Alma | 1 Bedroom | 1BR,1BA | $2.18 |
| Skyway Properties LLC | 0BR/1.0BA | Studio ,1BA | $2.17 |
| Cherry Square | 1 Bedroom | 1BR,1BA | $2.04 |
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.
Read Article
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read Article
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Downtown Mankato area?
If you’re an expert on all things Downtown Mankato, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleDowntown Mankato, Mankato, MN
Ranked #14
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Downtown Mankato
What type of rentals are currently available in Downtown Mankato?
There are currently 35 Apartments for Rent in Downtown Mankato, MN with pricing that ranges from $774 to $2,080. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Mankato ranging from $860 to $2,300.
What is the current price range for Rental Homes in Downtown Mankato?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Mankato ranges from $860 to $2,300 with an average monthly rent of $1,765.
How much are larger Three and Four Bedroom Rentals in Downtown Mankato?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Mankato range from $1,150 to $1,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $2,295. Four Bedroom Single-Family rentals are also available starting from $1,425 and Four Bedroom Apartments start at $2,080.
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
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.