Cheap Homes for Rent in the East Mankato Neighborhood of Mankato, MN from $700 (10 Rentals)

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

property at 323 Warren St

$750

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

323 Warren St, Unit 3

323 Warren St
MankatoMN56001
property at 325 E Washington St

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

2 Bedroom, 1 Bath Condo for Rent

Available Now

325 E Washington St

MankatoMN56001
property at 114 Lynn Ln

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

114 Lynn Ln

MankatoMN56001
property at 525 S 5th St

$1,145

2 Bedroom, 1 Bath Rentals

Available Now

525 S 5th 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 815 N 4th St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

3 Bedroom, 1 Bath Condo for Rent

Available Aug 11

815 N 4th St

MankatoMN56001
property at 121 Lynn Ln

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

121 Lynn Ln

MankatoMN56001
property at 122 Terri Ln

$1,294

Total Monthly Price

Total Monthly Price

Base Rent
$1,294

Total Monthly Price
$1,294

2 Bedroom, 2 Bath Home for Rent

Available Now

122 Terri Ln

MankatoMN56001
property at 136 Lynn Ln

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 2 Bath Home for Rent

Available Now

136 Lynn Ln

MankatoMN56001
property at 730 N Broad St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 1 Bath Condo for Rent

Available Sep 10

730 N Broad St

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.

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. Village Place Apartments of Mankato has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. 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
Village Place Apartments of MankatoOne Bedroom1BR,1BA$975
Cherry Ridge ApartmentsTax Credit2BR,1BA$995

Best Value Apartments for Rent in East Mankato, MN

As of July 12, 2026 the best value apartment in the East Mankato area is the $1.23 price per square foot New 3Br, 2.5 Bath @ Willow Cascades! Model at Willow Cascades Townhomes in the in the University neighborhood starting from $1,850. The second greatest value East Mankato apartment is the 120 Locust St Model at 120 Locust St starting at $1,150 with a $0.88 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.
Willow Cascades TownhomesNew 3Br, 2.5 Bath @ Willow Cascades!3BR,2.5BA$1.23
120 Locust St120 Locust St3BR,1BA$0.88
Pfau Reed Apartments2 Beds, 1 bath2BR,1BA$1.02
Riverfront CourtThree Bedroom Two Bath3BR,2BA$1.36
Cherry Ridge ApartmentsTax Credit2BR,1BA$0.94
The Edge ApartmentsTwo Bedroom2BR,1BA$1.30
Wesley PlaceWesley Place - 82BR,1BA$1.17
Bunting Lane ApartmentsIndividual Roommates Included!2BR,2BA$0.92
Village Place Apartments of MankatoOne Bedroom1BR,1BA$1.37
Glenwood Terrace1 BR/1 BA1BR,1BA$1.38

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
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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.

Read Article
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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 #2

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about East Mankato

What type of rentals are currently available in East Mankato?

There are currently 133 Apartments for Rent in East Mankato, MN with pricing that ranges from $750 to $2,350. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Mankato ranging from $750 to $2,679.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in East Mankato ranges from $750 to $2,679 with an average monthly rent of $1,657.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in East Mankato range from $1,065 to $2,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,395. Four Bedroom Single-Family rentals are also available starting from $1,425 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 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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.