620 N Broad St
MankatoMN56001
Cheap Homes for Rent in Mankato, MN from $600 (29 Rentals)
Cheap Homes in Mankato.
123 S 5th St, Unit 2
123 S 5th St
MankatoMN56001
218 Van Brunt St
MankatoMN56001
122 Lynn Ln
MankatoMN56001
121 Laurinda Ln
MankatoMN56001
327 E Walnut St
MankatoMN56001
224 W Pleasant St
MankatoMN56001
102 Terri Ln
MankatoMN56001
112 Terri Ln
MankatoMN56001
123 Lynn Ln
MankatoMN56001
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.
122 Terri Ln
MankatoMN56001
144 Lynn Ln
MankatoMN56001
136 Lynn Ln
MankatoMN56001
121 Jaybee Ln
MankatoMN56001
515 W 11th St
MankatoMN56001
515 W 11th St
MankatoMN56001
708 Belgrade Ave, Unit 708.5 Upper Unit
708 Belgrade Ave
North MankatoMN56003
55 Wood Dr
MankatoMN56001
403 Elm Dr
MankatoMN56001
114 Laurinda Ln
MankatoMN56001
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.
210 Karu Dr
MankatoMN56001
206 Janjo Dr
MankatoMN56001
204 Karu Dr
MankatoMN56001
207 Janjo Dr
MankatoMN56001
128 Terri Ln
MankatoMN56001
304 Oak Ln
MankatoMN56001
109 Jaybee Ln
MankatoMN56001
1940 Haughton Ave
North MankatoMN56003
203 Arthur Dr
MankatoMN56001
Showing Results 1-29, Page 1 of 1
Mankato, MN Local Guide
Bison cooling off at Minneopa State Park by Lorie Shaull is licensed under CC BY 2.0
How much does it cost to rent a home in Mankato?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mankato 2 Bedroom Homes for Rent | $1,383 | $600 | $1,750 |
| Mankato 3 Bedroom Homes for Rent | $1,726 | $1,250 | $2,700 |
| Mankato 4 Bedroom Homes for Rent | $2,038 | $1,500 | $3,000 |
| Mankato 5 Bedroom Homes for Rent | $2,333 | $1,945 | $2,950 |
Browse Top Homes for Rent in Mankato
Explore Mankato
Mankato, MN Local Guide
- Mankato Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Mankato, MN
Pricing Updated: 05/02/2025Current apartment rentals in the Mankato, MN area range in price from $775 to $3,725 with an overall median price of $1,820. The three Mankato neighborhoods with the lowest median rent pricing are The Prairie at $800, North Industrial Mankato at $899, and City Center Mankato at $775. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Mankato Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| The Prairie | $1,450 | $800 | 76 |
| North Industrial Mankato | $1,590 | $899 | 74 |
| City Center Mankato | $1,812 | $775 | 85 |
| Sibley Park | $1,812 | $775 | 83 |
| Downtown Mankato | $1,850 | $775 | 87 |
| Erlandson Park | $1,850 | $775 | 84 |
| Five Corners | $1,850 | $775 | 84 |
| Riverfront Park | $1,850 | $775 | 78 |
| Washington Park | $1,850 | $775 | 84 |
| West Mankato | $1,850 | $775 | 91 |
Cheapest Available Mankato Apartments for Rent
The cheapest available apartment rental in Mankato, MN is a 1 Bed unit found at Highland Hills Apartments in the University neighborhood priced from $775. Village Court Apartments in the City Center Mankato neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $949. Here is today’s list of the most affordable Mankato apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highland Hills Apartments | Elm Tree Court | 1BR,1BA | $775 |
| Village Court Apartments | 2 Bed, 1 Bath (original) | 2BR,1BA | $949 |
| Riverfront Court | Two Bedroom/ One Bathroom w Balcony | 2BR,1BA | $1,120 |
| Dublin Heights | Two Bedroom | 2BR,1BA | $1,167 |
| River Bluff Apartments | Two Bedroom | 2BR,1BA | $1,200 |
| Northgate Townhomes | Two BR Apt | 2BR,1BA | $1,225 |
| Axis Lofts | 1 Bedroom | 1BR,1BA | $1,245 |
Best Value Apartments for Rent in Mankato, MN
As of May 02, 2025 the best value apartment in the Mankato area is the $0.88 price per square foot 428 Deldona Dr Model at 428 Deldona Dr, Unit 3 in the in the University neighborhood starting from $1,685. The second greatest value Mankato apartment is the 220 State St Model at 220 State St, Unit #2 2nd Floor starting at $1,400 with a $0.93 price per square foot in the University neighborhood. Here is today’s list of the best values for Mankato apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 428 Deldona Dr, Unit 3 | 428 Deldona Dr | 3BR,2BA | $0.88 |
| 220 State St, Unit #2 2nd Floor | 220 State St | 3BR,1BA | $0.93 |
| 221 N 5th St, Unit 1 | 221 N 5th St | 4BR,1BA | $1.08 |
| 210 Cross St, Unit Upper | 210 Cross St | 3BR,1BA | $1.22 |
| 2108 Arlington Trl, Unit 4 | 2108 Arlington Trl | 2BR,1BA | $1.16 |
| The Edge Apartments | Two Bedroom | 2BR,1BA | $1.30 |
| Dublin Heights | Two Bedroom | 2BR,1BA | $1.22 |
| 930 N 5th St, Unit 2 | 930 N 5th St | 2BR,1BA | $1.05 |
| Village Court Apartments | 2 Bed, 1 Bath (renovated) | 2BR,1BA | $1.30 |
| 329 Belgrade Ave, Unit 2 | 329 Belgrade Ave | 1BR,1BA | $1.00 |
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Frequently Asked Questions about Mankato
What type of rentals are currently available in Mankato?
There are currently 157 Apartments for Rent in Mankato, MN with pricing that ranges from $775 to $3,725. There are also 70 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mankato ranging from $600 to $3,000.
What is the current price range for Rental Homes in Mankato?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mankato ranges from $600 to $3,000 with an average monthly rent of $1,703.
How much are larger Three and Four Bedroom Rentals in Mankato?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mankato range from $1,269 to $2,095, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,325.
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.