Cheap Apartments for Rent in the East Mankato Neighborhood of Mankato, MN from $575 (73 Rentals)

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Search the lowest-cost Apartments available for rent right now in the East Mankato area of Mankato.

property at 322 E Walnut St

$774

Total Monthly Price

Total Monthly Price

Base Rent
$774

Total Monthly Price
$774

1 Bedroom, 1 Bath Home for Rent

Available Oct 1

322 E Walnut St

MankatoMN56001
property at 107 E Liberty St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

1 Bedroom, 1 Bath Home for Rent

Available Now

107 E Liberty St

MankatoMN56001
property at 100 Glenwood Ave

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

Studio, 1 Bath Home for Rent

Available Sep 1

100 Glenwood Ave

MankatoMN56001
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The Grove at Mankato
$970 - $1,829
Total Monthly Price11 Month Lease Term

Total Monthly Price

Base Rent
$940 - $1,799
Required Monthly Fees
$30

Total Monthly Price
$970 - $1,829
1 to 3 Bedroom Apartments Available Now

The Grove at Mankato

200 Briargate RdMankato, MN 56001
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

property at 525 S Broad St

$985

Total Monthly Price

Total Monthly Price

Base Rent
$985

Total Monthly Price
$985

2 Bedroom, 1 Bath Home for Rent

Available Sep 1

525 S Broad St

MankatoMN56001
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Highland Hills Apartments
Rent Specials
$1,000 - $1,980
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,000 - $1,980

Total Monthly Price
$1,000 - $1,980
2 to 5 Bedroom Apartments Available Now

Highland Hills Apartments

1340 Warren StMankato, MN 56001
Active Lifestyle
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  • Customer Reviewed
  • Utilities Included
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930 N 5th St, Unit 2
$1,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000
2 Bedroom Apartment Available Sep 1

930 N 5th St, Unit 2

930 N 5th StMankato, MN 56001
Cost Per Sq.Ft.
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property at 224 Carroll St

$1,024

Total Monthly Price

Total Monthly Price

Base Rent
$1,024

Total Monthly Price
$1,024

2 Bedroom, 1 Bath Home for Rent

Available Now

224 Carroll 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.

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The Edge Apartments
Rent Specials
$1,080 - $1,330
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050 - $1,300
Required Monthly Fees
$30

Total Monthly Price
$1,080 - $1,330
1 to 2 Bedroom Apartments Available Now

The Edge Apartments

1902 Warren StMankato, MN 56001
Outdoors
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  • Utilities Included
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River Bluff Apartments
Rent Specials
$1,112 - $1,517
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,082 - $1,487
Required Monthly Fees
$30

Total Monthly Price
$1,112 - $1,517
1 to 3 Bedroom Apartments Available Now

River Bluff Apartments

405 N 5th StMankato, MN 56001
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Augusta Park Estates
$1,120 - $1,899
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,120 - $1,899

Total Monthly Price
$1,120 - $1,899
Studio to 2 Bedroom Apartments Available Now

Augusta Park Estates

1690 Premier DrMankato, MN 56001
Pet Friendly
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  • Utilities Included
  • 3D Tour
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The Alma
$1,167
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,137
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Contact Us For Availability

The Alma

105 E Walnut StMankato, MN 56001
Transit Friendly
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1325 Fair Street
$1,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200
2 Bedroom Apartment Available Now

1325 Fair Street

1325 Fair StreetMankato, MN 56001
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101 S Broad St, Unit 1
$1,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200
2 Bedroom Apartment Available Now

101 S Broad St, Unit 1

101 S Broad StMankato, MN 56001
Cost Per Sq.Ft.
  • Smoke Free

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Legacy Park Estates
Rent Specials
$1,214 - $1,689
Total Monthly Price

Total Monthly Price

Base Rent
$1,175 - $1,650
Required Monthly Fees
$39

Total Monthly Price
$1,214 - $1,689
1 to 3 Bedroom Apartments Available Now

Legacy Park Estates

100 Dublin CtMankato, MN 56001
Pet Friendly
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property at 931 Madison Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom Rentals

Available Now

931 Madison Ave

MankatoMN56001
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Woodside Apartments
$1,300 - $1,690
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,285 - $1,675
Required Monthly Fees
$15

Total Monthly Price
$1,300 - $1,690
1 to 3 Bedroom Apartments Available Now

Woodside Apartments

161-351 E Roosevelt CirMankato, MN 56001
Pet Friendly
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  • Utilities Included
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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.

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Pond View Heights Apartments
Rent Specials
$1,350 - $2,025
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,350 - $2,025

Total Monthly Price
$1,350 - $2,025
1 to 2 Bedroom Apartments Available Now

Pond View Heights Apartments

1015 Hope StMankato, MN 56001
Family Friendly
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  • Utilities Included
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404 S 4th St
Studio to 2 Bedroom Apartments

404 S 4th St

404 S 4th StMankato, MN 56001
  • Utilities Included
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River Bluff Suites
Studio to 2 Bedroom Apartments

River Bluff Suites

123 N 4th StMankato, MN 56001
  • Utilities Included
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Rosa Place
1 to 3 Bedroom Apartments

Rosa Place

510 Timberwolf DrMankato, MN 56001
  • Utilities Included
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The Preserve Apartments
1 to 3 Bedroom Apartments

The Preserve Apartments

240 Jaycee CtMankato, MN 56001
Student Housing
  • Utilities Included
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Colette Townhomes
2 to 3 Bedroom Apartments

Colette Townhomes

428 Commodore DrMankato, MN 56001

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.

East Mankato, Mankato, MN Local Guide

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 Glenwood Terrace priced from $880. Parkway Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $974. Here are the most affordable East Mankato apartments for rent in Mankato, MN:

Apartment ListingModel NameBed/BathPriced From
Glenwood Terrace1 BR/1 BA1BR,1BA$880
Parkway Apartments1 Bed, 1 Bath1BR,1BA$974
Cherry Ridge ApartmentsTax Credit2BR,1BA$995
Valley View ApartmentsTwo Bedroom2BR,1BA$1,000
Highland Hills ApartmentsEvergreen Terrace2BR,1BA$1,000
Southwood Flats1 Bed, 1 Bath (Phase 1)1BR,1BA$1,004
Wesley PlaceWesley Place - 82BR,1BA$1,025
Skyway Properties LLC0BR/1.0BAStudio,1BA$1,050
Cherry Square1 Bedroom1BR,1BA$1,075
The Edge ApartmentsTwo Bedroom2BR,1BA$1,191

Best Value Apartments for Rent in East Mankato, MN

As of August 27, 2026 the best value apartment in the East 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 East Mankato apartment is the 214 Heather Ln Model at 214 Heather Ln, Unit 3 starting at $1,250 with a $0.96 price per square foot in the University neighborhood. Here is today’s list of the best values for East Mankato apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
101 S Broad St, Unit 1101 S Broad St2BR,1BA$0.80
214 Heather Ln, Unit 3214 Heather Ln3BR,2BA$0.96
Dublin Road Townhomes3 Bedroom 1.5 Bath Affordable3BR,1.5BA$1.19
Tartan Glen2 Bedroom 1 Bath2BR,1BA$1.26
422 Commodore Dr, Unit 426422 Commodore Dr2BR,1BA$1.05
The Edge ApartmentsTwo Bedroom2BR,1BA$1.21
Cedar Meadow Apartments3BR3BR,1BA$1.30
Wesley PlaceWesley Place - 82BR,1BA$1.17
Cherry Ridge ApartmentsTax Credit2BR,1BA$1.21
Bunting Lane ApartmentsIndividual Roommates Included!2BR,2BA$0.73

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.

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Real 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.

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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.

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Pet Friendly Lifestyle
East Mankato, Mankato, MN

Ranked #3

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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!

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 Glenwood Terrace which is listed at $880, while the average apartment in East Mankato costs $1,300.

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 20 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 $354 which is $946 cheaper than the average rent for all rentals in East 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

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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.

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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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.