Cheap Apartments for Rent in the Erlandson Park Neighborhood of Mankato, MN from $700 (40 Rentals)

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

property at 318 E Walnut St

$824

Total Monthly Price

Total Monthly Price

Base Rent
$824

Total Monthly Price
$824

1 Bedroom, 1 Bath Home for Rent

Available Now

318 E Walnut St

MankatoMN56001
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113 E Spring St, Unit 1
$925
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925
2 Bedroom Apartment Available Now

113 E Spring St, Unit 1

113 E Spring StMankato, MN 56001
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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.

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.

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The Alma
$1,131
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,101
Required Monthly Fees
$30

Total Monthly Price
$1,131
1 Bedroom Apartments Contact Us For Availability

The Alma

105 E Walnut StMankato, MN 56001
Transit Friendly
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  • Low Income
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119 S 6th St, Unit 1
$1,200
Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$1,200

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

119 S 6th St, Unit 1

119 S 6th StMankato, MN 56001
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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.

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1325 Fair Street, Unit #4
$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, Unit #4

1325 Fair StreetMankato, MN 56001
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Parkway
1 to 2 Bedroom Apartments

Parkway

101-103 Parkway AveMankato, MN 56001
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River Bluff Suites
Studio to 2 Bedroom Apartments

River Bluff Suites

123 N 4th StMankato, MN 56001
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Knollcrest
2 Bedroom Apartments

Knollcrest

120-122 Knollcrest DrMankato, MN 56001
  • Utilities Included
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
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107 S 5th St
Studio to 2 Bedroom Apartments

107 S 5th St

107 S 5th StMankato, MN 56001
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Echo Rivers
1 to 2 Bedroom Apartments

Echo Rivers

115 Echo StMankato, MN 56001
  • Utilities Included

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.

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 Studio unit found at Village Place Apartments priced from $735. Lewis Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $784. Here are the most affordable Erlandson Park apartments for rent in Mankato, MN:

Apartment ListingModel NameBed/BathPriced From
Village Place ApartmentsStudioStudio,1BA$735
Lewis Lofts1a1t1BR,1BA$784
Glenwood Terrace1 BR/1 BA1BR,1BA$880
Cherry Square1 Bedroom1BR,1BA$995
Rita Road2 Bed 1 Bath2BR,1BA$1,000
Valley View ApartmentsTwo Bedroom2BR,1BA$1,000
Woodside ApartmentsStudioStudio,1BA$1,010
River Bluff ApartmentsOne Bedroom1BR,1BA$1,011

Best Value Apartments for Rent in Erlandson Park, MN

As of March 10, 2026 the best value apartment in the Erlandson Park 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 Erlandson Park apartment is the Three Bedroom One Half Bathroom Model at Sibley Village Townhomes starting at $1,795 with a $1.16 price per square foot in the University 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.
Fox Run Townhomes3 bed 2.5 bath (Exterior)3BR,2.5BA$1.19
Sibley Village TownhomesThree Bedroom One Half Bathroom3BR,1.5BA$1.16
229 Center St, Unit 1229 Center St3BR,1BA$1.04
Dublin Road Townhomes3 Bedroom 1.5 Bath Affordable3BR,1.5BA$1.17
225 Belgrade Ave, Unit B225 Belgrade Ave2BR,1BA$1.09
711 Grant Ave711 Grant Ave2BR,1BA$1.07
119 S 6th St, Unit 1119 S 6th St2BR,1BA$1.20
Rita Road2 Bed 1 Bath2BR,1BA$1.18
326 E Vine St326 E Vine St1BR,1BA$1.00
Bunting Lane ApartmentsIndividual 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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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.

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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 Cheapest Studio apartment in Erlandson Park?

Currently the most affordable Cheap Studio Apartment in Erlandson Park is at Village Place Apartments listed at $735.

How much is rent for a Cheap One Bedroom Erlandson Park Apartment?

The lowest price for a Cheap One Bedroom Erlandson Park Apartment is $784 at Lewis Lofts.

What is the lowest price for a Cheap Two Bedroom Erlandson Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Erlandson Park is starting from $1,000 at Valley View Apartments.

What is the most affordable Erlandson Park Three Bedroom Apartment?

The best deal on a cheap Erlandson Park Three Bedroom Apartment rental is at Cedar Meadow Apartments and starts from $1,349.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.