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Cheap Homes for Rent in Mankato, MN from $1,100 (23 Rentals)
Search the lowest-cost Homes available for rent right now in Mankato.
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218 Van Brunt St
MankatoMN56001
101 Parkway Ave, Unit Apt A
101 Parkway Ave
Eagle LakeMN56024
122 Lynn Ln
MankatoMN56001
730 N Broad St, Unit Lower
730 N Broad St
MankatoMN56001
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.
327 E Walnut St
MankatoMN56001
121 Laurinda Ln
MankatoMN56001
102 Terri Ln
MankatoMN56001
144 Lynn Ln
MankatoMN56001
110 Terri Ln
MankatoMN56001
159 Laurinda Ln
MankatoMN56001
123 Lynn Ln
MankatoMN56001
145 Lynn Ln
MankatoMN56001
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
220 Lakeview Dr
Eagle LakeMN56024
1715 Northway Dr
North MankatoMN56003
304 Oak Ln
MankatoMN56001
133 Maple Dr
MankatoMN56001
315 Louva Ln
MankatoMN56001
620 N Broad St
MankatoMN56001
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.
206 Janjo Dr
MankatoMN56001
145 Terri Ln
MankatoMN56001
137 Savannah S
MankatoMN56001
Showing Results 1-23, 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 | $1,485 | $1,150 | $2,500 |
| Mankato 3 Bedroom Homes for Rent | $1,752 | $1,200 | $2,600 |
| Mankato 4 Bedroom Homes for Rent | $1,913 | $1,735 | $2,180 |
| Mankato 5 Bedroom Homes for Rent | $2,130 | $1,695 | $2,900 |
Browse Top Homes for Rent in Mankato
Explore Mankato
Mankato, MN Local Guide
- Mankato Neighborhoods
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Cheapest Neighborhoods for Apartments in Mankato, MN
Pricing Updated: 08/02/2025Current apartment rentals in the Mankato, MN area range in price from $720 to $2,500 with an overall median price of $1,870. The three Mankato neighborhoods with the lowest median rent pricing are West Mankato at $824, North Industrial Mankato at $825, and Sibley Park at $720. 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 |
|---|---|---|---|
| West Mankato | $1,500 | $824 | 40 |
| North Industrial Mankato | $1,695 | $825 | 78 |
| Sibley Park | $1,850 | $720 | 87 |
| City Center Mankato | $1,920 | $720 | 123 |
| Downtown Mankato | $1,920 | $720 | 124 |
| East Mankato | $1,920 | $720 | 122 |
| Erlandson Park | $1,920 | $720 | 146 |
| Five Corners | $1,920 | $720 | 142 |
| Lincoln Park | $1,920 | $720 | 124 |
| Riverfront Park | $1,920 | $720 | 140 |
Cheapest Available Mankato Apartments for Rent
The cheapest available apartment rental in Mankato, MN is a Studio unit found at Highland Hills Apartments in the University neighborhood priced from $720. 442 Belgrade Ave in the City Center Mankato neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $835. Here is today’s list of the most affordable Mankato apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highland Hills Apartments | Studio | Studio,1BA | $720 |
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $835 |
| Commerce Apartments | One Bedroom | 1BR,1BA | $875 |
| River Bluff Apartments | One Bedroom | 1BR,1BA | $900 |
| Valley View Apartments | One Bedroom | 1BR,1BA | $900 |
Best Value Apartments for Rent in Mankato, MN
As of August 02, 2025 the best value apartment in the Mankato 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 Mankato apartment is the Three Bedroom Model at Timberwolf Townhomes starting at $1,850 with a $1.20 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. |
|---|---|---|---|
| Fox Run Townhomes | 3 bed 2.5 bath (Exterior) | 3BR,2.5BA | $1.19 |
| Timberwolf Townhomes | Three Bedroom | 3BR,2.5BA | $1.20 |
| 220 State St, Unit #2 2nd Floor | 220 State St | 3BR,1BA | $0.80 |
| Tartan Glen | 2 Bedroom 1 Bath | 2BR,1BA | $1.22 |
| Augusta Commons | 3 Bedroom 2 Bath | 3BR,2BA | $1.23 |
| 320 E Hickory St | 320 E Hickory St | 3BR,1BA | $1.13 |
| 442 Belgrade Ave | Two Bedroom | 2BR,1BA | $1.13 |
| Gray Hawk Apartments | Large Two Bedroom | 2BR,1BA | $1.21 |
| Glenwood Terrace | 2 BR/ 1 BA | 2BR,1BA | $1.14 |
| Bunting Lane Apartments | Three Bed | 3BR,1.5BA | $0.63 |
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Frequently Asked Questions about Mankato
What type of rentals are currently available in Mankato?
There are currently 144 Apartments for Rent in Mankato, MN with pricing that ranges from $700 to $2,500. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mankato ranging from $1,100 to $2,900.
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 $1,100 to $2,900 with an average monthly rent of $1,691.
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 $1,200 to $2,095, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,735 and Four Bedroom Apartments start at $1,379.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.