
Cheap Apartments for Rent in the Erlandson Park Neighborhood of Mankato, MN from $700 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in the Erlandson Park area of Mankato.


Total Monthly Price
609 S Broad St, Unit 1

Glenwood Terrace

Valley View Apartments

Total Monthly Price
505 S 4th St, Unit 2

Total Monthly Price
403 Riverfront N Dr

Village Place Apartments of Mankato

Cherry Square

Cherry Ridge Apartments
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.

Huntington Hills Apartments & Townhomes

120 S 4th St

Gray Hawk Apartments

Total Monthly Price
Woodside Apartments

325 E Plum St

Total Monthly Price
River Bluff Apartments

Skyway Properties LLC

Total Monthly Price
Pfau Reed Apartments

Southwood Flats
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
Augusta Park Estates

Total Monthly Price
The Alma

Total Monthly Price
500 Belle Ave, Unit 1

Total Monthly Price
328 N 6th St, Unit 328 N 6th St. 2

Total Monthly Price
120 Locust St, Unit 5 Upper

Total Monthly Price
101 S Broad St, Unit 1

Total Monthly Price
1325 Fair Street, Unit #4

Total Monthly Price
Legacy Park Estates

Dublin Road Townhomes
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.

Village Place Flats

Total Monthly Price
516 N Broad St, Unit 2

210 E Elm St, Unit 210

Total Monthly Price
The Edge Apartments

Ohana Apartments

Cedar Meadow Apartments

Cardinal Creek Apartments

Riverfront Court

Parkway
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.

River Bluff Suites

Knollcrest

325 E Washington St

Echo Rivers

107 S 5th St

815 N 4th St

730 N Broad St

442 Belgrade Ave

Commerce Apartments
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.

The Forde
Erlandson Park, Mankato, MN Local Guide

How much does it cost to rent an apartment in Erlandson Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Erlandson Park Studio Apartments | $1,082 | $750 | $1,315 |
| Erlandson Park 1 Bedroom Apartments | $1,360 | $800 | $2,120 |
| Erlandson Park 2 Bedroom Apartments | $1,507 | $925 | $2,370 |
| Erlandson Park 3 Bedroom Apartments | $1,787 | $1,080 | $2,794 |
| Erlandson Park 4 Bedroom Apartments | $1,880 | $1,780 | $1,980 |
Browse Apartments in this Neighborhood
There are currently 46 rentals with your search options within a 2 mile radius of the Erlandson Park Neighborhood of Mankato, MN.
See all Apartments in MankatoExplore Mankato
Erlandson Park, Mankato, MN Local Guide
- Nearby Mankato neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Erlandson Park Apartments for Rent
 The cheapest available apartment rental in the Erlandson Park area of Mankato, MN is a 1 Bed unit found at 442 Belgrade Ave priced from $835. 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 Erlandson Park apartments for rent in Mankato, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $835 |
| Village Place Apartments of Mankato | One Bedroom | 1BR,1BA | $975 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $995 |
| Valley View Apartments | Two Bedroom | 2BR,1BA | $1,000 |
| Huntington Hills Apartments & Townhomes | 1BR Apartment | 1BR,1BA | $1,000 |
| Commerce Apartments | Two Bedroom | 2BR,1BA | $1,000 |
| Pfau Reed Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,100 |
| River Bluff Apartments | Two Bedroom | 2BR,1BA | $1,100 |
| Southwood Flats | 1 Bed, 1 Bath (Phase 1) | 1BR,1BA | $1,114 |
Best Value Apartments for Rent in Erlandson Park, MN
As of June 09, 2026 the best value apartment in the Erlandson Park area is the $1.04 price per square foot 508 S 4th St Model at 508 S 4th St, Unit #1 in the in the University neighborhood starting from $2,600. The second greatest value Erlandson Park apartment is the Fox Run Townhomes Model at Fox Run Townhomes starting at $1,995 with a $1.13 price per square foot in the City Center Mankato neighborhood. Here is today’s list of the best values for Erlandson Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 508 S 4th St, Unit #1 | 508 S 4th St | 5BR,2BA | $1.04 |
| Fox Run Townhomes | Fox Run Townhomes | 2BR,2.5BA | $1.13 |
| Sibley Village Townhomes | Two Bedroom One Half Bathroom | 2BR,1.5BA | $1.16 |
| Tartan Glen | 2 Bedroom 1 Bath | 2BR,1BA | $1.22 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Market | 3BR,1.5BA | $1.20 |
| 328 N 6th St, Unit 328 N 6th St. Unit 2 | 328 N 6th St | 3BR,1BA | $1.06 |
| Pfau Reed Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.00 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $1.21 |
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $1.04 |
| 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 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 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 LifestyleErlandson Park, Mankato, MN
Ranked #6
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Minnesota, including Mankato. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Erlandson Park Apartments
What is the price of a cheap apartment in Erlandson Park?
The cheapest apartment in Erlandson Park is 442 Belgrade Ave which is listed at $835, while the average apartment in Erlandson Park costs $2,400.
What types of apartments are the cheapest in Erlandson Park?
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 19 regular apartments in Erlandson Park 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 Erlandson Park?
Cheap apartments in Erlandson Park have an average cost of $458 which is $1,942 cheaper than the average rent for all rentals in Erlandson Park.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.