Cheap Apartments for Rent in the Erlandson Park Neighborhood of Mankato, MN from $427 (52 Rentals)

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

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Highland Hills Apartments
Rent Specials
$295 - $1,980

Total Monthly Price

Base Rent$295 - $1,980

Total Monthly Price$295 - $1,980
12 Month Lease Term
2 to 5 Bedroom Apartments Available Now

Highland Hills Apartments

1340 Warren StMankato, MN 56001
Active Lifestyle
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property at 322 E Walnut St
$774

Total Monthly Price

Base Rent$774

Total Monthly Price$774
1 Bedroom, 1 Bath Home for Rent
Available Oct 9
Affordability

322 E Walnut St

MankatoMN56001
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315 E Walnut St, Unit #2
$800

Total Monthly Price

Base Rent$800

Total Monthly Price$800
6 Month Lease Term
1 Bedroom Apartment Available Now

315 E Walnut St, Unit #2

315 E Walnut StMankato, MN 56001
Cost Per Sq.Ft.
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The Grove at Mankato
Rent Specials
$970 - $1,829

Total Monthly Price

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

Total Monthly Price$970 - $1,829
11 Month Lease Term
1 to 3 Bedroom Apartments Available Now

The Grove at Mankato

200 Briargate RdMankato, MN 56001
Student Housing
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221 State St, Unit 1
$975

Total Monthly Price

Base Rent$975

Total Monthly Price$975
6 Month Lease Term
1 Bedroom Apartment Available Oct 1

221 State St, Unit 1

221 State StMankato, MN 56001

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.

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River Bluff Apartments
Rent Specials
$980 - $1,517

Total Monthly Price

Base Rent$950 - $1,487
Required Monthly Fees$30

Total Monthly Price$980 - $1,517
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

River Bluff Apartments

405 N 5th StMankato, MN 56001
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930 N 5th St, Unit 2
$1,000

Total Monthly Price

Base Rent$1,000

Total Monthly Price$1,000
12 Month Lease Term
2 Bedroom Apartment Available Now

930 N 5th St, Unit 2

930 N 5th StMankato, MN 56001
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The Edge Apartments
Rent Specials
$1,080 - $1,330

Total Monthly Price

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

Total Monthly Price$1,080 - $1,330
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

The Edge Apartments

1902 Warren StMankato, MN 56001
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Augusta Park Estates
$1,120 - $1,899

Total Monthly Price

Base Rent$1,120 - $1,899

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

Augusta Park Estates

1690 Premier DrMankato, MN 56001
Pet Friendly
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  • 3D Tour

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 Alma
$1,167

Total Monthly Price

Base Rent$1,137
Required Monthly FeesVaries

Total Monthly PriceVaries
12 Month Lease Term
1 Bedroom Apartments Available Now

The Alma

105 E Walnut StMankato, MN 56001
Transit Friendly
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1325 Fair Street
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
12 Month Lease Term
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 Price

Base Rent$1,200

Total Monthly Price$1,200
12 Month Lease Term
2 Bedroom Apartment Available Now

101 S Broad St, Unit 1

101 S Broad StMankato, MN 56001
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Legacy Park Estates
Rent Specials
$1,214 - $1,689

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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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.

property at 931 Madison Ave
$1,250

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 Price

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

Total Monthly Price$1,300 - $1,690
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Woodside Apartments

161-351 E Roosevelt CirMankato, MN 56001
Pet Friendly
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Pond View Heights Apartments
Rent Specials
$1,350 - $2,025

Total Monthly Price

Base Rent$1,350 - $2,025

Total Monthly Price$1,350 - $2,025
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Pond View Heights Apartments

1015 Hope StMankato, MN 56001
Family Friendly
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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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Parkway Apartments
1 to 2 Bedroom Apartments

Parkway Apartments

101-103 Parkway AveMankato, MN 56001

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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Knollcrest
2 Bedroom Apartments

Knollcrest

120-122 Knollcrest DrMankato, MN 56001
  • Utilities Included
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Wesley Place
1 to 3 Bedroom Apartments

Wesley Place

319 E Washington StMankato, MN 56001
  • Utilities Included
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Echo Rivers
1 to 2 Bedroom Apartments

Echo Rivers

115 Echo StMankato, MN 56001
  • Utilities Included
property at 815 N 4th St
$1,095

Total Monthly Price

Base Rent$1,095

Total Monthly Price$1,095
3 Bedroom, 1 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

815 N 4th St

MankatoMN56001
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107 S 5th St
Studio to 2 Bedroom Apartments

107 S 5th St

107 S 5th StMankato, MN 56001
property at 103 Locust St
$1,295

Total Monthly Price

Base Rent$1,295

Total Monthly Price$1,295
3 Bedroom, 1 Bath Condo for Rent
Available Now

103 Locust 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.

Erlandson Park, Mankato, MN Local Guide

Cheapest Available Erlandson Park Apartments for Rent

 

The cheapest available apartment rental in the Erlandson Park area of Mankato, MN is a 5 Beds unit found at Highland Hills Apartments priced from $295. College Station has the second lowest priced unit, which is a 5 Beds apartment currently listed from $427. Here are the most affordable Erlandson Park apartments for rent in Mankato, MN:

Apartment ListingModel NameBed/BathPriced From
Highland Hills ApartmentsHighland East B5BR,2BA$295
College Station5 Bedroom 2 bath5BR,2BA$427
Colony Court ApartmentsMNCCT 1x1 627sqft1BR,1BA$750
Parkway Apartments1 Bed, 1 Bath1BR,1BA$974
Glenwood Terrace2 BR/ 1 BA2BR,1BA$985
Key City Group, LLC (BT)2BR/1.0BA2BR,1BA$995
Cherry Ridge ApartmentsTax Credit2BR,1BA$995
Valley View ApartmentsTwo Bedroom2BR,1BA$1,000
Commerce ApartmentsTwo Bedroom2BR,1BA$1,000

Best Value Apartments for Rent in Erlandson Park, MN

As of September 08, 2026 the best value apartment in the Erlandson Park area is the $0.91 price per square foot 428 Deldona Dr Model at 428 Deldona Dr, Unit 4 in the in the University neighborhood starting from $1,745. The second greatest value Erlandson Park apartment is the 3 bed 2.5 bath (Interior) Model at Fox Run Townhomes starting at $1,995 with a $1.14 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 ListingModel NameBed/BathPrice Per Sq.Ft.
428 Deldona Dr, Unit 4428 Deldona Dr3BR,2BA$0.91
Fox Run Townhomes3 bed 2.5 bath (Interior)3BR,2.5BA$1.14
101 S Broad St, Unit 1101 S Broad St2BR,1BA$0.80
College Station5 Bedroom 2 bath5BR,2BA$0.32
120 Locust St, Unit 7 Lower120 Locust St3BR,2BA$0.88
214 Heather Ln, Unit 3214 Heather Ln3BR,2BA$0.96
930 N 5th St, Unit 2930 N 5th St2BR,1BA$1.05
Key City Group, LLC (BT)2BR/1.0BA2BR,1BA$1.12
315 E Walnut St, Unit #2315 E Walnut St1BR,1BA$1.00
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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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
Erlandson Park, Mankato, MN

Ranked #1

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 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 Colony Court Apartments which is listed at $750, while the average apartment in Erlandson Park costs $1,309.

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 20 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 $365 which is $944 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

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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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

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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.