Cheap Apartments for Rent in the Sibley Park Neighborhood of Mankato, MN from $552 (16 Rentals)

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

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Valley View Apartments
$900 - $1,000

Total Monthly Price

Base Rent$900 - $1,000

Total Monthly Price$900 - $1,000
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Valley View Apartments

450-470 James AveMankato, MN 56001
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Rent According to Income: A Look at Income-Restricted Rentals

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River Bluff Apartments
Rent Specials
$980 - $1,517

Total Monthly Price

Base Rent$950 - $1,487
Required Monthly Fees$30

Total Monthly Price$980 - $1,517
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

River Bluff Apartments

405 N 5th StMankato, MN 56001
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Glenwood Terrace
$985

Total Monthly Price

Base Rent$985

Total Monthly Price$985
12 Month Lease Term
2 Bedroom Apartments Available Now

Glenwood Terrace

107-115 Parkway AveMankato, MN 56001
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930 N 5th St, Unit 2
$1,000

Total Monthly Price

Base Rent$1,000

Total Monthly Price$1,000
12 Month Lease Term
2 Bedroom Apartment Available Oct 1

930 N 5th St, Unit 2

930 N 5th StMankato, MN 56001
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Highland Hills Apartments
Rent Specials
$1,000 - $1,980

Total Monthly Price

Base Rent$1,000 - $1,980

Total Monthly Price$1,000 - $1,980
12 Month Lease Term
2 to 5 Bedroom Apartments Available Now

Highland Hills Apartments

1340 Warren StMankato, MN 56001
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Lewis Lofts
1 to 2 Bedroom Apartments

Lewis Lofts

209 Dewey StMankato, MN 56001
Senior Living
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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.

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Sinclair Flats
1 to 3 Bedroom Apartments

Sinclair Flats

210 Dewey LnMankato, MN 56001
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Hoover Estates
$918 - $1,218

Total Monthly Price

Base Rent$895 - $1,195
Required Monthly Fees$23

Total Monthly Price$918 - $1,218
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Hoover Estates

1866 Lee BlvdNorth Mankato, MN 56003
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property at 423 Nicollet Ave
$975

Total Monthly Price

Base Rent$975

Total Monthly Price$975
1 Bedroom, 1 Bath Home for Rent
Available Sep 28

423 Nicollet Ave

North MankatoMN56003

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.

Sibley Park, Mankato, MN Local Guide

Cheapest Available Sibley Park Apartments for Rent

 

The cheapest available apartment rental in the Sibley Park area of Mankato, MN is a 1 Bed unit found at Colony Court Apartments priced from $750. Hoover Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $918. Here are the most affordable Sibley Park apartments for rent in Mankato, MN:

Apartment ListingModel NameBed/BathPriced From
Colony Court ApartmentsCozy One Bedroom Enclave1BR, 1BA$750
Hoover EstatesEfficient One Bedroom Apartment Home1BR, 1BA$918
Glenwood Terrace2 BR/ 1 BA2BR, 1BA$985
Key City Group, LLC (BT)2BR/1.0BA2BR, 1BA$995
Valley View ApartmentsTwo Bedroom2BR, 1BA$1,000

Best Value Apartments for Rent in Sibley Park, MN

As of September 18, 2026 the best value apartment in the Sibley Park area is the $0.80 price per square foot 101 S Broad St Model at 101 S Broad St, Unit 1 in the University neighborhood starting from $1,200. The second greatest value Sibley Park apartment is the 120 Locust St Model at 120 Locust St, Unit 7 Lower in the University neighborhood starting at $1,150 with a $0.88 price per square foot. Here is today’s list of the best values for Sibley Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
101 S Broad St, Unit 1101 S Broad St2BR, 1BA$0.80
120 Locust St, Unit 7 Lower120 Locust St3BR, 2BA$0.88
200 E Elm St, Unit Apt.2200 E Elm St1BR, 1BA$0.63
2108 Arlington Trl, Unit 42108 Arlington Trl2BR, 1BA$1.16
Sinclair Flats2 Bedroom2BR, 1BA$1.09
501 N 5th St, Unit Upper Level 1/2501 N 5th St2BR, 1BA$1.19
Key City Group, LLC (BT)2BR/1.0BA2BR, 1BA$1.12
Glenwood Terrace2 BR/ 1 BA2BR, 1BA$1.19
Bunting Lane ApartmentsIndividual Roommates Included!2BR, 2BA$0.73
Colony Court ApartmentsCozy One Bedroom Enclave1BR, 1BA$1.20

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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.

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Pet Friendly Lifestyle
Sibley Park, Mankato, MN

Ranked #8

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Sibley Park Apartments

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

The cheapest apartment in Sibley Park is Colony Court Apartments which is listed at $750, while the average apartment in Sibley Park costs $1,225.

What types of apartments are the cheapest in Sibley 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 16 regular apartments in Sibley 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 Sibley Park?

Cheap apartments in Sibley Park have an average cost of $468 which is $757 cheaper than the average rent for all rentals in Sibley 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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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.