
Cheap Apartments for Rent in the Lincoln Park Neighborhood of Mankato, MN from $400 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lincoln Park area of Mankato.


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200 E Elm St, Unit Apt 4

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526 Carney Ave, Unit 526

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609 S Broad St, Unit 4

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315 E Walnut St, Unit #2

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Highland Hills Apartments

Village Place Apartments of Mankato

Glenwood Terrace

Valley View Apartments
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.

Cherry Ridge Apartments

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125 N Broad St, Unit 125 N Broad St Apt 1

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The Grove at Mankato

525 S Broad St

Huntington Hills Apartments & Townhomes

Southwood Flats

224 Carroll St

Gray Hawk Apartments

Cherry Square
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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The Edge Apartments

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

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429 State St, Unit 203

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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

Skyway Properties LLC

Village Place Flats
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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The Alma

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101 S Broad St, Unit 1

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939 E Main St, Unit 939 East Main Street

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312 N 4th St

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Legacy Park Estates

Dublin Road Townhomes

Cedar Meadow Apartments

Cardinal Creek Apartments

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Axis Lofts
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.

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Silos Apartments

Lewis Lofts

404 S 4th St

Sinclair Flats

525 S 5th St

210 S 4th

442 Belgrade Ave

Commerce Apartments

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Village Court Apartments
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.

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Hoover Estates

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715 Lakeview Ave, Unit Spring Lake Park

The Forde

Westview Heights
Lincoln Park, Mankato, MN Local Guide

How much does it cost to rent an apartment in Lincoln Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lincoln Park Studio Apartments | $1,150 | $1,150 | $1,150 |
| Lincoln Park 1 Bedroom Apartments | $1,233 | $775 | $2,155 |
| Lincoln Park 2 Bedroom Apartments | $1,328 | $985 | $2,150 |
| Lincoln Park 3 Bedroom Apartments | $1,552 | $1,150 | $2,095 |
| Lincoln Park 4 Bedroom Apartments | $1,920 | $1,780 | $2,080 |
Browse Apartments in this Neighborhood
There are currently 49 rentals with your search options within a 2 mile radius of the Lincoln Park Neighborhood of Mankato, MN.
See all Apartments in MankatoExplore Mankato
Lincoln Park, Mankato, MN Local Guide
- Nearby Mankato neighborhoods
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Cheapest Available Lincoln Park Apartments for Rent
 The cheapest available apartment rental in the Lincoln Park area of Mankato, MN is a 1 Bed unit found at 442 Belgrade Ave priced from $835. Cherry Ridge Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here are the most affordable Lincoln Park apartments for rent in Mankato, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $835 |
| 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 |
| Southwood Flats | 1 Bed, 1 Bath (Phase 1) | 1BR,1BA | $1,004 |
| Sinclair Flats | 2 Bedroom | 2BR,1BA | $1,025 |
| Hoover Estates | 2/1 | 2BR,1BA | $1,065 |
| Village Court Apartments | 1 Bed, 1 Bath (special-reno) | 1BR,1BA | $1,078 |
Best Value Apartments for Rent in Lincoln Park, MN
As of July 30, 2026 the best value apartment in the Lincoln Park area is the $1.26 price per square foot 2 Bedroom 1 Bath Model at Tartan Glen in the in the University neighborhood starting from $1,600. The second greatest value Lincoln Park apartment is the 3 Bedroom 1.5 Bath Market Model at Dublin Road Townhomes starting at $1,525 with a $1.20 price per square foot in the City Center Mankato neighborhood. Here is today’s list of the best values for Lincoln Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tartan Glen | 2 Bedroom 1 Bath | 2BR,1BA | $1.26 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Market | 3BR,1.5BA | $1.20 |
| Pfau Reed Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.02 |
| Riverfront Court | Three Bedroom Two Bath | 3BR,2BA | $1.36 |
| 125 N Broad St, Unit 125 N Broad St Apt 1 | 125 N Broad St | 1BR,1BA | $0.95 |
| Sinclair Flats | 2 Bedroom | 2BR,1BA | $1.09 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $1.21 |
| 429 State St, Unit 203 | 429 State St | 2BR,1BA | $1.38 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.66 |
| Commerce Apartments | Two Bedroom | 2BR,1BA | $1.36 |
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 LifestyleLincoln Park, Mankato, MN
Ranked #6
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Lincoln Park Apartments
What is the price of a cheap apartment in Lincoln Park?
The cheapest apartment in Lincoln Park is 442 Belgrade Ave which is listed at $835, while the average apartment in Lincoln Park costs $2,242.
What types of apartments are the cheapest in Lincoln 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 11 regular apartments in Lincoln 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 Lincoln Park?
Cheap apartments in Lincoln Park have an average cost of $452 which is $1,790 cheaper than the average rent for all rentals in Lincoln 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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.