
Cheap Apartments for Rent in the East Mankato Neighborhood of Mankato, MN from $500 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the East Mankato area of Mankato.


Total Monthly Price
930 N 5th St, Unit 3

Highland Hills Apartments

Total Monthly Price
805 N 5th St, Unit 805 N 5th St

Glenwood Terrace

Village Place Apartments

Valley View Apartments
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.

Total Monthly Price
107 E Liberty St, Unit 1

Knollcrest

Cherry Square

Rita Road

Gray Hawk Apartments

Total Monthly Price
612 N 4th St, Unit 1

Total Monthly Price
608 N 4th St, Unit 1
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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.

Total Monthly Price
149 E Welcome Ave, Unit 4

Woodside Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
East Mankato, Mankato, MN Local Guide

How much does it cost to rent an apartment in East Mankato?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| East Mankato Studio Apartments | $941 | $745 | $1,215 |
| East Mankato 1 Bedroom Apartments | $1,499 | $750 | $2,146 |
| East Mankato 2 Bedroom Apartments | $1,614 | $950 | $2,396 |
| East Mankato 3 Bedroom Apartments | $1,861 | $885 | $2,830 |
| East Mankato 4 Bedroom Apartments | $1,758 | $1,580 | $1,880 |
Browse Apartments in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the East Mankato Neighborhood of Mankato, MN.
See all Apartments in MankatoExplore Mankato
East Mankato, Mankato, MN Local Guide
- Nearby Mankato neighborhoods
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- School Districts
Cheapest Available East Mankato Apartments for Rent
 The cheapest available apartment rental in the East Mankato area of Mankato, MN is a 1 Bed unit found at Cherry Square priced from $995. Knollcrest has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here are the most affordable East Mankato apartments for rent in Mankato, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cherry Square | 1 Bedroom | 1BR,1BA | $995 |
| Knollcrest | 2 bed | 2BR,1BA | $995 |
| Rita Road | 2 Bed 1 Bath | 2BR,1BA | $1,000 |
| Riverfront Court | Two Bedroom/ One Bathroom w Balcony | 2BR,1BA | $1,120 |
| Village Place Apartments | 2 Bedroom | 2BR,1BA | $1,125 |
| Huntington Hills Apartments & Townhomes | Large 2BR | 2BR,1BA | $1,200 |
| Legacy Park Estates | One Bedroom One Bathroom | 1BR,1BA | $1,234 |
| Cedar Meadow Apartments | 3BR | 3BR,1BA | $1,249 |
| The Edge Apartments | Two Bedroom | 2BR,1BA | $1,261 |
| River Bluff Apartments | Two Bedroom | 2BR,1BA | $1,261 |
Best Value Apartments for Rent in East Mankato, MN
As of November 26, 2025 the best value apartment in the East 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 East Mankato apartment is the Three Bedroom Model at Wolf Point Townhomes starting at $1,965 with a $1.28 price per square foot in the North Industrial Mankato neighborhood. Here is today’s list of the best values for East 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 |
| Wolf Point Townhomes | Three Bedroom | 3BR,2.5BA | $1.28 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Affordable | 3BR,1.5BA | $1.14 |
| 1104 N 5th St, Unit 3 Bed | 1104 N 5th St | 3BR,1BA | $1.08 |
| Augusta Commons | 3 Bedroom 2 Bath | 3BR,2BA | $1.27 |
| Riverfront Court | Three Bedroom Two Bath | 3BR,2BA | $1.36 |
| The Edge Apartments | Two Bedroom | 2BR,1BA | $1.28 |
| Knollcrest | 2 bed | 2BR,1BA | $1.11 |
| Rita Road | 2 Bed 1 Bath | 2BR,1BA | $1.18 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.92 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick 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.
Pet Friendly LifestyleEast Mankato, Mankato, MN
Ranked #3
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in East Mankato, Mankato, MN
Prairie Winds Middle School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for Central Mankato, MN. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the East Mankato Neighborhood in Mankato, MN
Walk Score®
39 / 100
Car-Dependent
Most errands require a car
Bike Score®
54 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap East Mankato Apartments
What is the price of a cheap apartment in East Mankato?
The cheapest apartment in East Mankato is Cherry Square which is listed at $995, while the average apartment in East Mankato costs $2,355.
What types of apartments are the cheapest in East 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 17 regular apartments in East 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 East Mankato?
Cheap apartments in East Mankato have an average cost of $574 which is $1,781 cheaper than the average rent for all rentals in East Mankato.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.













