
Cheap Apartments for Rent in the North Industrial Mankato Neighborhood of Mankato, MN from $800 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Industrial Mankato area of Mankato.


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717 N 2nd St, Unit 4, Unit 4

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500 Belle Ave

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612 N 4th St

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River Bluff Apartments

Skyway Properties LLC

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Augusta Park Estates
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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The Alma

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320 E Hickory St, Unit 1, Unit 1

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313 E Rock St, Unit 2, Unit 2

River Bluff Suites

Knollcrest

Echo Rivers

107 S 5th St
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.

Pfau Reed Apartments

442 Belgrade Ave

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329 Belgrade Ave, Unit 2, Unit 2

Commerce Apartments

Village Court Apartments

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Hoover Estates

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1740 Lee Blvd, Unit 3, Unit 3
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.
North Industrial Mankato, Mankato, MN Local Guide

How much does it cost to rent an apartment in North Industrial Mankato?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Industrial Mankato Studio Apartments | $1,174 | $1,100 | $1,315 |
| North Industrial Mankato 1 Bedroom Apartments | $1,355 | $850 | $1,850 |
| North Industrial Mankato 2 Bedroom Apartments | $1,505 | $950 | $2,025 |
| North Industrial Mankato 3 Bedroom Apartments | $1,700 | $1,095 | $2,415 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the North Industrial Mankato Neighborhood of Mankato, MN.
See all Apartments in MankatoExplore Mankato
North Industrial Mankato, Mankato, MN Local Guide
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Cheapest Available North Industrial Mankato Apartments for Rent
 The cheapest available apartment rental in the North Industrial Mankato area of Mankato, MN is a 1 Bed unit found at 442 Belgrade Ave priced from $835. Village Court Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,028. Here are the most affordable North Industrial Mankato apartments for rent in Mankato, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $835 |
| Village Court Apartments | 2 Bed, 1 Bath (original) | 2BR,1BA | $1,028 |
| River Bluff Apartments | One Bedroom | 1BR,1BA | $1,030 |
Best Value Apartments for Rent in North Industrial Mankato, MN
As of April 26, 2026 the best value apartment in the North Industrial 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 North Industrial Mankato apartment is the 3 Bedroom 1.5 Bath Affordable Model at Dublin Road Townhomes starting at $1,633 with a $1.28 price per square foot in the City Center Mankato neighborhood. Here is today’s list of the best values for North Industrial 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 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Affordable | 3BR,1.5BA | $1.28 |
| Legacy Park Estates | Three Bedroom 1.75 Bathroom | 3BR,1.75BA | $1.22 |
| 2108 Arlington Trl, Unit 4 | 2108 Arlington Trl | 2BR,1BA | $1.16 |
| 313 E Rock St, Unit 2 | 313 E Rock St | 2BR,1BA | $1.09 |
| 320 E Hickory St, Unit 1 | 320 E Hickory St | 3BR,1BA | $1.20 |
| 305 1/2 Elm St, Unit 305.5 | 305 1/2 Elm St | 1BR,1BA | $1.02 |
| 442 Belgrade Ave | Two Bedroom | 2BR,1BA | $1.12 |
| 329 Belgrade Ave, Unit 2 | 329 Belgrade Ave | 1BR,1BA | $1.06 |
| 612 N 4th St | 612 N 4th St | 2BR,1BA | $1.28 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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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Read ArticleCash 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.
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 LifestyleNorth Industrial Mankato, Mankato, MN
Ranked #11
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap North Industrial Mankato Apartments
What is the price of a cheap apartment in North Industrial Mankato?
The cheapest apartment in North Industrial Mankato is 442 Belgrade Ave which is listed at $835, while the average apartment in North Industrial Mankato costs $1,598.
What types of apartments are the cheapest in North Industrial Mankato?
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 3 regular apartments in North Industrial Mankato 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 North Industrial Mankato?
Cheap apartments in North Industrial Mankato have an average cost of $344 which is $1,254 cheaper than the average rent for all rentals in North Industrial Mankato.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.