
Cheap Apartments for Rent in the Erlandson Park Neighborhood of Mankato, MN from $700 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the Erlandson Park area of Mankato.


301 N Riverfront Dr, Unit 304

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315 E Walnut St, Unit #2

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609 S Broad St, Unit 4

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Highland Hills Apartments

Glenwood Terrace

Village Place Apartments of Mankato

Valley View Apartments

Cherry Ridge Apartments

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125 N Broad St, Unit 125 N Broad St Apt 1
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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The Grove at Mankato

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909 S Front St, Unit 3

Huntington Hills Apartments & Townhomes

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930 N 5th St, Unit 2

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500 Belle Ave, Unit 1

Gray Hawk Apartments

Southwood Flats

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Woodside Apartments

Cherry Square

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The Edge Apartments
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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501 N 5th St, Unit Upper Level 1/2

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Augusta Park Estates

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Pfau Reed Apartments

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River Bluff Apartments

Riverfront Court

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120 Locust St, Unit 7 Lower

Village Place Flats

Skyway Properties LLC

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The Alma

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939 E Main St, Unit 939 East Main Street
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.

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312 N 4th St

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1325 Fair Street

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Legacy Park Estates

Dublin Road Townhomes

931 Madison Ave

Cedar Meadow Apartments

Cardinal Creek Apartments

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422 Commodore Dr, Unit 426

Parkway

River Bluff Suites
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.

Knollcrest

325 E Washington St

Wesley Place

Echo Rivers

107 S 5th St

815 N 4th St

730 N Broad St

442 Belgrade Ave

Commerce Apartments

The Forde
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

How much does it cost to rent an apartment in Erlandson Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Erlandson Park Studio Apartments | $1,136 | $795 | $1,315 |
| Erlandson Park 1 Bedroom Apartments | $1,241 | $775 | $2,155 |
| Erlandson Park 2 Bedroom Apartments | $1,352 | $985 | $2,025 |
| Erlandson Park 3 Bedroom Apartments | $1,593 | $990 | $2,150 |
| Erlandson Park 4 Bedroom Apartments | $1,840 | $1,780 | $1,980 |
Browse Apartments in this Neighborhood
There are currently 50 rentals with your search options within a 2 mile radius of the Erlandson Park Neighborhood of Mankato, MN.
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Erlandson Park, Mankato, MN Local Guide
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Cheapest Available Erlandson Park Apartments for Rent
 The cheapest available apartment rental in the Erlandson Park area of Mankato, MN is a 2 Beds unit found at 442 Belgrade Ave priced from $995. Cherry Ridge Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here are the most affordable Erlandson Park apartments for rent in Mankato, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 442 Belgrade Ave | Two Bedroom | 2BR,1BA | $995 |
| 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 |
| Wesley Place | Wesley Place - 8 | 2BR,1BA | $1,025 |
| Southwood Flats | 1 Bed, 1 Bath (Phase 1) | 1BR,1BA | $1,049 |
| Pfau Reed Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,120 |
Best Value Apartments for Rent in Erlandson Park, MN
As of July 25, 2026 the best value apartment in the Erlandson Park area is the $1.20 price per square foot 3 Bedroom 1.5 Bath Market Model at Dublin Road Townhomes in the in the City Center Mankato neighborhood starting from $1,525. The second greatest value Erlandson Park apartment is the Three Bedroom 1.75 Bathroom Model at Legacy Park Estates starting at $1,489 with a $1.22 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. |
|---|---|---|---|
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Market | 3BR,1.5BA | $1.20 |
| Legacy Park Estates | Three Bedroom 1.75 Bathroom | 3BR,1.75BA | $1.22 |
| 909 S Front St, Unit 3 | 909 S Front St | 3BR,1BA | $0.83 |
| Pfau Reed Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.02 |
| 125 N Broad St, Unit 125 N Broad St Apt 1 | 125 N Broad St | 1BR,1BA | $0.95 |
| The Edge Apartments | Two Bedroom | 2BR,1BA | $1.30 |
| 442 Belgrade Ave | Two Bedroom | 2BR,1BA | $1.12 |
| Wesley Place | Wesley Place - 8 | 2BR,1BA | $1.17 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $1.21 |
| 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 #4
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 Huntington Hills Apartments & Townhomes which is listed at $1,000, while the average apartment in Erlandson Park costs $2,242.
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 13 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 $418 which is $1,824 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

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.

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.

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.

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.