Cheap Apartments for Rent in the Riverfront Park Neighborhood of Mankato, MN from $700 (35 Rentals)

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

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The Alma
$1,131
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,101
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
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  • Low Income
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119 S 6th St, Unit 1
$1,200
Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$1,200

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

119 S 6th St, Unit 1

119 S 6th StMankato, MN 56001
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property at 325 E Washington St

$1,025 - $1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom Rentals

Available Now

325 E Washington St

MankatoMN56001

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711 Grant Ave
$1,225 - $1,775
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,225 - $1,775

Total Monthly Price
$1,225 - $1,775
2 to 3 Bedroom Apartment Available Now

711 Grant Ave

711 Grant AveNorth Mankato, MN 56003
Cost Per Sq.Ft.
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Cheapest Available Riverfront Park Apartments for Rent

 

The cheapest available apartment rental in the Riverfront Park area of Mankato, MN is a Studio unit found at Village Place Apartments priced from $735. Lewis Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $784. Here are the most affordable Riverfront Park apartments for rent in Mankato, MN:

Apartment ListingModel NameBed/BathPriced From
Village Place ApartmentsStudioStudio,1BA$735
Lewis Lofts1a1t1BR,1BA$784
Glenwood Terrace1 BR/1 BA1BR,1BA$880
Cherry Square1 Bedroom1BR,1BA$995
Rita Road2 Bed 1 Bath2BR,1BA$1,000
Valley View ApartmentsTwo Bedroom2BR,1BA$1,000
River Bluff ApartmentsOne Bedroom1BR,1BA$1,011
Village Court Apartments2 Bed, 1 Bath (original)2BR,1BA$1,028

Best Value Apartments for Rent in Riverfront Park, MN

As of March 11, 2026 the best value apartment in the Riverfront Park area is the $1.04 price per square foot 508 S 4th St Model at 508 S 4th St, Unit #1 in the in the University neighborhood starting from $2,600. The second greatest value Riverfront Park apartment is the 3 bed 2.5 bath (Exterior) Model at Fox Run Townhomes starting at $2,095 with a $1.19 price per square foot in the City Center Mankato neighborhood. Here is today’s list of the best values for Riverfront Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
508 S 4th St, Unit #1508 S 4th St5BR,2BA$1.04
Fox Run Townhomes3 bed 2.5 bath (Exterior)3BR,2.5BA$1.19
229 Center St, Unit 1229 Center St3BR,1BA$1.04
Dublin Road Townhomes3 Bedroom 1.5 Bath Affordable3BR,1.5BA$1.17
225 Belgrade Ave, Unit B225 Belgrade Ave2BR,1BA$1.09
711 Grant Ave711 Grant Ave2BR,1BA$1.07
113 E Spring St, Unit 1113 E Spring St2BR,1BA$0.93
119 S 6th St, Unit 1119 S 6th St2BR,1BA$1.20
326 E Vine St326 E Vine St1BR,1BA$1.00
Bunting Lane ApartmentsIndividual Roommates Included!2BR,2BA$0.92

Frequently Asked Questions about Cheap Riverfront Park Apartments

What is the price of a cheap apartment in Riverfront Park?

The cheapest apartment in Riverfront Park is Lewis Lofts which is listed at $784, while the average apartment in Riverfront Park costs $2,135.

What types of apartments are the cheapest in Riverfront 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 19 regular apartments in Riverfront 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 Riverfront Park?

Cheap apartments in Riverfront Park have an average cost of $683 which is $1,452 cheaper than the average rent for all rentals in Riverfront 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

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Written by: Lauren Harrington

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.