Cheap Apartments for Rent in the Lincoln Park Neighborhood of Mankato, MN from $500 (20 Rentals)

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

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930 N 5th St, Unit 3
$750
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750
1 Bedroom Apartment Available Jan 1, 2026

930 N 5th St, Unit 3

930 N 5th StMankato, MN 56001
Cost Per Sq.Ft.
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528 N 6th St, Unit .5
$825
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$825

Total Monthly Price
$825
2 Bedroom Apartment Available Now

528 N 6th St, Unit .5

528 N 6th StMankato, MN 56001
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107 E Liberty St, Unit 3
$875
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875
1 Bedroom Apartment Available Now

107 E Liberty St, Unit 3

107 E Liberty StMankato, MN 56001
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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.

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College Station
Rent Specials
$931 - $2,135
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$931 - $2,135

Total Monthly Price
$931 - $2,135
1 to 5 Bedroom Apartments Contact Us For Availability

College Station

1341 Pohl RdMankato, MN 56001
Student Housing
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  • Customer Reviewed
  • Utilities Included
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525 S Broad St, Unit 4
$950
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950
2 Bedroom Apartment Available Now

525 S Broad St, Unit 4

525 S Broad StMankato, MN 56001
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property at 218 Van Brunt St

218 Van Brunt St

MankatoMN56001

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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The Grove at Mankato
$975 - $1,849
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$925 - $1,799
Required Monthly Fees
$50

Total Monthly Price
$975 - $1,849
1 to 3 Bedroom Apartments Available Now

The Grove at Mankato

200 Briargate RdMankato, MN 56001
Active Lifestyle
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  • Customer Reviewed
  • Matterport 3D Tour
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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
property at 633 S 2nd St

633 S 2nd St

MankatoMN56001
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Sinclair Flats
1 to 3 Bedroom Apartments

Sinclair Flats

210 Dewey LnMankato, MN 56001

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Lincoln Park, Mankato, MN Local Guide

Cheapest Available Lincoln Park Apartments for Rent

 

The cheapest available apartment rental in the Lincoln Park area of Mankato, MN is a Studio unit found at Highland Hills Apartments priced from $750. Glenwood Terrace has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here are the most affordable Lincoln Park apartments for rent in Mankato, MN:

Apartment ListingModel NameBed/BathPriced From
Highland Hills ApartmentsStudioStudio,1BA$750
Glenwood Terrace2 BR/ 1 BA2BR,1BA$950
Knollcrest2 bed2BR,1BA$995
Huntington Hills Apartments & Townhomes1BR Apartment1BR,1BA$1,000
Commerce ApartmentsTwo Bedroom2BR,1BA$1,000

Best Value Apartments for Rent in Lincoln Park, MN

As of October 09, 2025 the best value apartment in the Lincoln Park area is the $0.94 price per square foot Three Bedroom Model at 442 Belgrade Ave in the in the City Center Mankato neighborhood starting from $1,500. The second greatest value Lincoln Park apartment is the 3 Bedroom 1.5 Bath Affordable Model at Dublin Road Townhomes starting at $1,450 with a $1.14 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 ListingModel NameBed/BathPrice Per Sq.Ft.
442 Belgrade AveThree Bedroom3BR,2BA$0.94
Dublin Road Townhomes3 Bedroom 1.5 Bath Affordable3BR,1.5BA$1.14
Gray Hawk Apartments3 Bedroom/2 Bath3BR,2BA$1.06
2108 Arlington Trl, Unit 42108 Arlington Trl2BR,1BA$1.16
108 Rogers St, Unit 1108 Rogers St2BR,1BA$1.15
505 S 4th St, Unit 1505 S 4th St1BR,1BA$0.83
Knollcrest2 bed2BR,1BA$1.11
Glenwood Terrace2 BR/ 1 BA2BR,1BA$1.14
Bunting Lane ApartmentsTwo Bed2BR,1BA$0.82
112 S 5th St, Unit Upper112 S 5th St1BR,1BA$1.14

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Pet Friendly Lifestyle
Lincoln Park, Mankato, MN

Ranked #7

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Lincoln Park Neighborhood in Mankato, MN

Walk Score®

84 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

73 / 100

Very Bikeable

Biking is convenient for most trips

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 Highland Hills Apartments which is listed at $830, while the average apartment in Lincoln Park costs $2,135.

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 25 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 $879 which is $1,256 cheaper than the average rent for all rentals in Lincoln Park.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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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.