
Cheap Homes for Rent in East Mankato Neighborhood of Mankato, MN from $1,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the East Mankato area of Mankato.


203 Valley St

325 E Washington St

921 N Riverfront Dr, Unit 1, Unit 1

312 Belgrade Ave
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.

103 Lincoln St

1611 5th Ave

34 Wood Dr

127 Laurinda Ln

306 Louva Ln
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.

121 Lynn Ln
East Mankato, Mankato, MN Local Guide

How much does it cost to rent a home in East Mankato?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| East Mankato 2 Bedroom Homes for Rent | $1,399 | $1,000 | $1,679 |
| East Mankato 3 Bedroom Homes for Rent | $1,765 | $1,100 | $2,495 |
| East Mankato 4 Bedroom Homes for Rent | $1,978 | $1,450 | $2,400 |
| East Mankato 5 Bedroom Homes for Rent | $2,015 | $1,800 | $2,300 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the East Mankato Neighborhood of Mankato, MN.
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East Mankato, Mankato, MN Local Guide
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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. Cherry Square has the second lowest priced unit, which is a 1 Bed 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 |
|---|---|---|---|
| Glenwood Terrace | 1 BR/1 BA | 1BR,1BA | $880 |
| Cherry Square | 1 Bedroom | 1BR,1BA | $995 |
| Valley View Apartments | Two Bedroom | 2BR,1BA | $1,000 |
| River Bluff Apartments | One Bedroom | 1BR,1BA | $1,011 |
| Ohana Apartments | Studio (Phase III - Type 7) | Studio,1BA | $1,084 |
Best Value Apartments for Rent in East Mankato, MN
As of April 12, 2026 the best value apartment in the East 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 East Mankato apartment is the 528 N 5th St Model at 528 N 5th St starting at $1,200 with a $0.86 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fox Run Townhomes | 3 bed 2.5 bath (Exterior) | 3BR,2.5BA | $1.19 |
| 528 N 5th St | 528 N 5th St | 3BR,1BA | $0.86 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Market | 3BR,1.5BA | $1.11 |
| 225 Belgrade Ave, Unit B | 225 Belgrade Ave | 2BR,1BA | $1.09 |
| Riverfront Court | Three Bedroom Two Bath | 3BR,2BA | $1.36 |
| Rita Road | 2 Bed 1 Bath | 2BR,1BA | $1.29 |
| Huntington Hills Apartments & Townhomes | 2 Bedroom Apartment | 2BR,1BA | $1.37 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.92 |
| 612 N 4th St | 612 N 4th St | 1BR,1BA | $1.42 |
| Glenwood Terrace | 1 BR/1 BA | 1BR,1BA | $1.38 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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
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Read ArticleCash 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.
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 #1
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
Frequently Asked Questions about East Mankato
What type of rentals are currently available in East Mankato?
There are currently 139 Apartments for Rent in East Mankato, MN with pricing that ranges from $750 to $2,794. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Mankato ranging from $1,000 to $2,495.
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 $1,000 to $2,495 with an average monthly rent of $1,717.
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 $1,200 to $2,794, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,495. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $1,500.
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

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.