
Cheap Homes for Rent in Sibley Park Neighborhood of Mankato, MN from $800 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Sibley Park area of Mankato.

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.

414 Nicollet Ave, Unit 1
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.

418 Allan Ave
Sibley Park, Mankato, MN Local Guide

How much does it cost to rent a home in Sibley Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sibley Park 2 Bedroom Homes for Rent | $1,150 | $1,150 | $1,150 |
| Sibley Park 3 Bedroom Homes for Rent | $1,650 | $1,650 | $1,650 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Sibley Park Neighborhood of Mankato, MN.
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Sibley Park, Mankato, MN Local Guide
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Best Value Apartments for Rent in Sibley Park, MN
As of June 22, 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 313 E Rock St Model at 313 E Rock St, Unit 2 starting at $1,250 with a $1.04 price per square foot in the City Center Mankato neighborhood. Here is today’s list of the best values for Sibley Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 508 S 4th St, Unit #1 | 508 S 4th St | 5BR,2BA | $1.04 |
| 313 E Rock St, Unit 2 | 313 E Rock St | 2BR,1BA | $1.04 |
| The Edge Apartments | Two Bedroom | 2BR,1BA | $1.30 |
| Sinclair Flats | 2 Bedroom | 2BR,1BA | $1.34 |
| 1740 Lee Blvd, Unit 3 | 1740 Lee Blvd | 2BR,1BA | $1.33 |
| Village Court Apartments | 2 Bed, 1 Bath (renovated) | 2BR,1BA | $1.33 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $1.21 |
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $1.04 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.92 |
| Commerce Apartments | Two Bedroom | 2BR,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 ArticleReal 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 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 LifestyleSibley Park, Mankato, MN
Ranked #11
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Sibley Park
What type of rentals are currently available in Sibley Park?
There are currently 53 Apartments for Rent in Sibley Park, MN with pricing that ranges from $675 to $2,600. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sibley Park ranging from $895 to $1,650.
What is the current price range for Rental Homes in Sibley Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Sibley Park ranges from $895 to $1,650 with an average monthly rent of $1,231.
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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.