Cheap Apartments for Rent in the Five Corners Neighborhood of Mankato, MN from $300 (14 Rentals)

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

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404 S 4th St
Studio to 2 Bedroom Apartments

404 S 4th St

404 S 4th StMankato, MN 56001
  • Utilities Included
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River Bluff Suites
Studio to 2 Bedroom Apartments

River Bluff Suites

123 N 4th StMankato, MN 56001
  • Utilities Included
property at 315 E Cherry St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1.5 Bath Condo for Rent

Available Feb 3

315 E Cherry St

MankatoMN56001

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Cheapest Available Five Corners Apartments for Rent

 

The cheapest available apartment rental in the Five Corners area of Mankato, MN is a 1 Bed unit found at Lewis Lofts priced from $451. Village Place Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $835. Here are the most affordable Five Corners apartments for rent in Mankato, MN:

Apartment ListingModel NameBed/BathPriced From
Lewis Lofts1a1t1BR,1BA$451
Village Place ApartmentsStudioStudio,1BA$835
442 Belgrade AveOne Bedroom1BR,1BA$835
Glenwood Terrace1 BR/1 BA1BR,1BA$880
Cherry Square1 Bedroom1BR,1BA$995

Best Value Apartments for Rent in Five Corners, MN

As of January 27, 2026 the best value apartment in the Five Corners area is the $1.19 price per square foot Fox Run Townhomes Model at Fox Run Townhomes in the in the City Center Mankato neighborhood starting from $2,095. The second greatest value Five Corners 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 Five Corners apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fox Run TownhomesFox Run Townhomes3BR,2.5BA$1.19
Sibley Village TownhomesThree Bedroom One Half Bathroom3BR,1.5BA$1.16
Dublin Road Townhomes3 Bedroom 1.5 Bath Affordable3BR,1.5BA$1.17
1104 N 5th St, Unit 3 Bed1104 N 5th St3BR,1BA$1.08
Pfau Reed Apartments2 Beds, 1 bath2BR,1BA$1.00
Riverfront CourtThree Bedroom Two Bath3BR,2BA$1.36
442 Belgrade AveOne Bedroom1BR,1BA$0.92
608 N 4th St, Unit 1608 N 4th St2BR,1BA$1.24
Bunting Lane ApartmentsIndividual Roommates Included!2BR,2BA$0.92
Lewis Lofts1a1t1BR,1BA$0.73

Frequently Asked Questions about Cheap Five Corners Apartments

What is the price of a cheap apartment in Five Corners?

The cheapest apartment in Five Corners is Lewis Lofts which is listed at $451, while the average apartment in Five Corners costs $2,305.

What types of apartments are the cheapest in Five Corners?

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 Five Corners 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 Five Corners?

Cheap apartments in Five Corners have an average cost of $566 which is $1,739 cheaper than the average rent for all rentals in Five Corners.

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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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.

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