Cheap Apartments for Rent in the Lincoln Park Neighborhood of Mankato, MN from $500 (7 Rentals)

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

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.

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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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Sinclair Flats
1 to 3 Bedroom Apartments

Sinclair Flats

210 Dewey LnMankato, MN 56001

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 2 Beds unit found at Bunting Lane Apartments priced from $682. Highland Hills Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here are the most affordable Lincoln Park apartments for rent in Mankato, MN:

Apartment ListingModel NameBed/BathPriced From
Bunting Lane ApartmentsRandom Roommate Included!2BR,2BA$682
Highland Hills ApartmentsElm Tree Court1BR,1BA$775
River Bluff ApartmentsTwo Bedroom2BR,1BA$1,070

Best Value Apartments for Rent in Lincoln Park, MN

As of June 13, 2025 the best value apartment in the Lincoln Park area is the $0.93 price per square foot 220 State St Model at 220 State St, Unit #2 2nd Floor in the in the University neighborhood starting from $1,400. The second greatest value Lincoln Park apartment is the Three Bedroom Two Bath Model at Riverfront Court starting at $1,450 with a $1.36 price per square foot in the University 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.
220 State St, Unit #2 2nd Floor220 State St3BR,1BA$0.93
Riverfront CourtThree Bedroom Two Bath3BR,2BA$1.36
Southwood Flats2 Bed, 1 Bath (remodeled)2BR,1BA$1.31
The Grove at MankatoB2C3BR,2BA$1.41
River Bluff ApartmentsTwo Bedroom2BR,1BA$1.38
Augusta Park Estates1 Bedroom/1 Bathroom A (D)1BR,1BA$2.03
Axis Lofts1 Bedroom1BR,1BA$1.84
Bunting Lane ApartmentsTwo Bed, Two Bath2BR,2BA$1.85
Highland Hills ApartmentsElm Tree Court1BR,1BA$1.79
107 E Liberty St, Unit 2107 E Liberty St1BR,1BA$3.16

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Pet Friendly Lifestyle
Lincoln Park, Mankato, MN

Ranked #8

Among neighborhoods in Mankato, MN 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

How much is rent for a Cheap One Bedroom Lincoln Park Apartment?

The lowest price for a Cheap One Bedroom Lincoln Park Apartment is $775 at Highland Hills Apartments.

What is the lowest price for a Cheap Two Bedroom Lincoln Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lincoln Park is starting from $682 at Bunting Lane Apartments.

What is the most affordable Lincoln Park Three Bedroom Apartment?

The best deal on a cheap Lincoln Park Three Bedroom Apartment rental is at Highland Hills Apartments and starts from $1,329.

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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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.

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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.