Cheap Apartments for Rent in the Lincoln Park Neighborhood of Mankato, MN from $400 (49 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 323 Warren St

$750

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

323 Warren St, Unit 3

323 Warren St
MankatoMN56001
close
View Me
315 E Walnut St, Unit #2
$800
Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800
1 Bedroom Apartment Available Sep 1

315 E Walnut St, Unit #2

315 E Walnut StMankato, MN 56001
Cost Per Sq.Ft.
  • Smoke Free
close
View Me
Highland Hills Apartments
$855 - $1,980
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$855 - $1,980

Total Monthly Price
$855 - $1,980
1 to 5 Bedroom Apartments Available Aug 1

Highland Hills Apartments

1340 Warren StMankato, MN 56001
Active Lifestyle
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

close
View Me
The Grove at Mankato
$970 - $1,829
Total Monthly Price11 Month Lease Term

Total Monthly Price

Base Rent
$940 - $1,799
Required Monthly Fees
$30

Total Monthly Price
$970 - $1,829
1 to 3 Bedroom Apartments Available Aug 14

The Grove at Mankato

200 Briargate RdMankato, MN 56001
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 525 S Broad St

$985

Total Monthly Price

Total Monthly Price

Base Rent
$985

Total Monthly Price
$985

2 Bedroom, 1 Bath Home for Rent

Available Sep 1

525 S Broad St

MankatoMN56001
property at 224 Carroll St

$1,024

Total Monthly Price

Total Monthly Price

Base Rent
$1,024

Total Monthly Price
$1,024

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

224 Carroll St

MankatoMN56001

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.

close
View Me
The Edge Apartments
Rent Specials
$1,080 - $1,330
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050 - $1,300
Required Monthly Fees
$30

Total Monthly Price
$1,080 - $1,330
1 to 2 Bedroom Apartments Available Now

The Edge Apartments

1902 Warren StMankato, MN 56001
Outdoors
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
River Bluff Apartments
Rent Specials
$1,130 - $1,530
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100 - $1,500
Required Monthly Fees
$30

Total Monthly Price
$1,130 - $1,530
1 to 3 Bedroom Apartments Available Now

River Bluff Apartments

405 N 5th StMankato, MN 56001
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
The Alma
$1,167
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,137
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Contact Us For Availability

The Alma

105 E Walnut StMankato, MN 56001
Transit Friendly
  • Verified
  • 3D Tour
  • Smoke Free
close
View Me
101 S Broad St, Unit 1
$1,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200
2 Bedroom Apartment Available Aug 1

101 S Broad St, Unit 1

101 S Broad StMankato, MN 56001
  • Smoke Free
close
View Me
312 N 4th St
$1,200 - $1,800
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200 - $1,800

Total Monthly Price
$1,200 - $1,800
2 to 4 Bedroom Apartment Available Aug 1

312 N 4th St

312 N 4th StMankato, MN 56001
Cost Per Sq.Ft.
close
View Me
Legacy Park Estates
Rent Specials
$1,214 - $1,689
Total Monthly Price

Total Monthly Price

Base Rent
$1,175 - $1,650
Required Monthly Fees
$39

Total Monthly Price
$1,214 - $1,689
1 to 3 Bedroom Apartments Available Aug 14

Legacy Park Estates

100 Dublin CtMankato, MN 56001
Pet Friendly
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
Axis Lofts
$1,370 - $1,820
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $1,745
Required Monthly Fees
$75

Total Monthly Price
$1,370 - $1,820
1 Bedroom Apartments Available Aug 1

Axis Lofts

1247 Range StMankato, MN 56001
Furnished
  • Verified
  • Utilities Included
  • 3D Tour

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.

close
View Me
Silos Apartments
$1,454
Total Monthly Price

Total Monthly Price

Base Rent
$1,399
Required Monthly Fees
$55

Total Monthly Price
$1,454
1 Bedroom Apartments Available Sep 1

Silos Apartments

302 N 2nd StMankato, MN 56001
Eco-Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Lewis Lofts
1 to 2 Bedroom Apartments

Lewis Lofts

209 Dewey StMankato, MN 56001
Senior Living
  • Utilities Included
close
View Me
404 S 4th St
Studio to 2 Bedroom Apartments

404 S 4th St

404 S 4th StMankato, MN 56001
  • Utilities Included
close
View Me
Sinclair Flats
1 to 3 Bedroom Apartments

Sinclair Flats

210 Dewey LnMankato, MN 56001
property at 525 S 5th St

$1,145

Total Monthly Price

Total Monthly Price

Base Rent
$1,145

Total Monthly Price
$1,145

2 Bedroom, 1 Bath Home for Rent

Available Now

525 S 5th St

MankatoMN56001
property at 210 S 4th

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

4 Bedroom, 1 Bath Condo for Rent

Available Aug 14

210 S 4th

MankatoMN56001
close
View Me
Village Court Apartments
Rent Specials
$1,028 - $1,178
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,028 - $1,178

Total Monthly Price
$1,028 - $1,178
1 to 2 Bedroom Apartments Available Now

Village Court Apartments

1620 Village CtNorth Mankato, MN 56003
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

close
View Me
Hoover Estates
$1,065
Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Required Monthly Fees
$15

Total Monthly Price
$1,065
2 Bedroom Apartments Available Now

Hoover Estates

1866 Lee BlvdNorth Mankato, MN 56003
  • Verified
  • Utilities Included
  • 3D Tour

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 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 ListingModel NameBed/BathPriced From
442 Belgrade AveOne Bedroom1BR,1BA$835
Cherry Ridge ApartmentsTax Credit2BR,1BA$995
Valley View ApartmentsTwo Bedroom2BR,1BA$1,000
Huntington Hills Apartments & Townhomes1BR Apartment1BR,1BA$1,000
Commerce ApartmentsTwo Bedroom2BR,1BA$1,000
Southwood Flats1 Bed, 1 Bath (Phase 1)1BR,1BA$1,004
Sinclair Flats2 Bedroom2BR,1BA$1,025
Hoover Estates2/12BR,1BA$1,065
Village Court Apartments1 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Tartan Glen2 Bedroom 1 Bath2BR,1BA$1.26
Dublin Road Townhomes3 Bedroom 1.5 Bath Market3BR,1.5BA$1.20
Pfau Reed Apartments2 Beds, 1 bath2BR,1BA$1.02
Riverfront CourtThree Bedroom Two Bath3BR,2BA$1.36
125 N Broad St, Unit 125 N Broad St Apt 1125 N Broad St1BR,1BA$0.95
Sinclair Flats2 Bedroom2BR,1BA$1.09
Cherry Ridge ApartmentsTax Credit2BR,1BA$1.21
429 State St, Unit 203429 State St2BR,1BA$1.38
Bunting Lane ApartmentsIndividual Roommates Included!2BR,2BA$0.66
Commerce ApartmentsTwo Bedroom2BR,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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Lincoln Park, Mankato, MN

Ranked #6

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.