
Cheap Apartments for Rent in the Five Corners Neighborhood of Mankato, MN from $500 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Five Corners area of Mankato.


College Station
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.

Huntington Hills Apartments & Townhomes
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Five Corners, Mankato, MN Local Guide

How much does it cost to rent an apartment in Five Corners?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Five Corners 1 Bedroom Apartments | $1,315 | $775 | $1,495 |
Five Corners 2 Bedroom Apartments | $1,527 | $916 | $2,250 |
Five Corners 3 Bedroom Apartments | $1,415 | $1,269 | $1,730 |
Five Corners 4 Bedroom Apartments | $1,637 | $1,400 | $1,880 |
Browse Apartments in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Five Corners Neighborhood of Mankato, MN.
See all Apartments in MankatoExplore Mankato
Five Corners, Mankato, MN Local Guide
- Nearby Mankato neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Highland Hills Apartments priced from $775. Riverfront Court has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,090. Here are the most affordable Five Corners apartments for rent in Mankato, MN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Highland Hills Apartments | Elm Tree Court | 1BR,1BA | $775 |
Riverfront Court | Two Bedroom/ One Bathroom w Balcony | 2BR,1BA | $1,090 |
Huntington Hills Apartments & Townhomes | 2 Bedroom Apartment | 2BR,1BA | $1,150 |
Best Value Apartments for Rent in Five Corners, MN
As of May 01, 2025 the best value apartment in the Five Corners area is the $1.08 price per square foot 221 N 5th St Model at 221 N 5th St, Unit 1 in the in the University neighborhood starting from $1,400. The second greatest value Five Corners apartment is the 2 Bed, 2 Bath (Type A) Model at Silos Apartments starting at $1,874 with a $1.75 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
221 N 5th St, Unit 1 | 221 N 5th St | 4BR,1BA | $1.08 |
Silos Apartments | 2 Bed, 2 Bath (Type A) | 2BR,2BA | $1.75 |
Riverfront Court | Three Bedroom Two Bath | 3BR,2BA | $1.26 |
Huntington Hills Apartments & Townhomes | 2 Bedroom Apartment | 2BR,1BA | $1.37 |
River Bluff Apartments | Two Bedroom | 2BR,1BA | $1.55 |
Axis Lofts | 1 Bedroom | 1BR,1BA | $1.64 |
Highland Hills Apartments | Elm Tree Court | 1BR,1BA | $1.79 |
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.
Pet Friendly LifestyleFive Corners, Mankato, MN
Ranked #3
Among neighborhoods in Mankato, MN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Five Corners Neighborhood in Mankato, MN
Walk Score®
81 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
60 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Highland Hills Apartments which is listed at $775, while the average apartment in Five Corners costs $1,920.
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 9 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 $829 which is $1,091 cheaper than the average rent for all rentals in Five Corners.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.