Cheap Apartments for Rent in the Sibley Park Neighborhood of Mankato, MN from $700 (26 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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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
  • Verified
  • Low Income
  • 3D Tour

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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
  • Smoke Free
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Sinclair Flats
1 to 3 Bedroom Apartments

Sinclair Flats

210 Dewey LnMankato, MN 56001

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property at 414 Nicollet Ave

$1,150

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Condo for Rent

Available Mar 15

414 Nicollet Ave, Unit 1

414 Nicollet Ave
North MankatoMN56003
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442 Belgrade Ave
1 to 3 Bedroom Apartments

442 Belgrade Ave

442 Belgrade AveNorth Mankato, MN 56003
  • Utilities Included

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 Lewis Lofts priced from $784. Glenwood Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here are the most affordable Sibley Park apartments for rent in Mankato, MN:

Apartment ListingModel NameBed/BathPriced From
Lewis Lofts1a1t1BR,1BA$784
Glenwood Terrace1 BR/1 BA1BR,1BA$880
Cherry Square1 Bedroom1BR,1BA$995
Valley View ApartmentsTwo Bedroom2BR,1BA$1,000
River Bluff ApartmentsOne Bedroom1BR,1BA$1,011
Sinclair Flats2 Bedroom2BR,1BA$1,025
Village Court Apartments2 Bed, 1 Bath (original)2BR,1BA$1,028
Rita Road2 Bed 1 Bath2BR,1BA$1,100

Best Value Apartments for Rent in Sibley Park, MN

As of March 12, 2026 the best value apartment in the Sibley 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 Sibley Park apartment is the 229 Center St Model at 229 Center St, Unit 1 starting at $1,595 with a $1.04 price per square foot in the University neighborhood. 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.
508 S 4th St, Unit #1508 S 4th St5BR,2BA$1.04
229 Center St, Unit 1229 Center St3BR,1BA$1.04
802 Le Hillier St, Unit 1802 Le Hillier St4BR,2BA$1.00
225 Belgrade Ave, Unit B225 Belgrade Ave2BR,1BA$1.09
711 Grant Ave711 Grant Ave2BR,1BA$1.07
2108 Arlington Trl, Unit 42108 Arlington Trl2BR,1BA$1.16
119 S 6th St, Unit 1119 S 6th St2BR,1BA$1.20
113 E Spring St, Unit 1113 E Spring St2BR,1BA$0.93
326 E Vine St326 E Vine St1BR,1BA$1.00
Bunting Lane ApartmentsIndividual Roommates Included!2BR,2BA$0.92

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash 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.

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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.

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Pet Friendly Lifestyle
Sibley Park, Mankato, MN

Ranked #10

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 Lewis Lofts which is listed at $784, while the average apartment in Sibley Park costs $2,600.

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 18 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 $755 which is $1,845 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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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.

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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.

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

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.