Cheap Homes for Rent in Sibley Park Neighborhood of Mankato, MN from $1,100 (2 Rentals)

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

property at 418 Allan Ave

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Condo for Rent

Available Now

418 Allan Ave

North MankatoMN56003

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.

property at 109 Florence St

$1,250

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

109 Florence St

MankatoMN56001

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.

Sibley Park, Mankato, MN Local Guide

Best Value Apartments for Rent in Sibley Park, MN

As of May 08, 2026 the best value apartment in the Sibley Park area is the $1.00 price per square foot 220 State St Model at 220 State St in the in the University neighborhood starting from $1,400. The second greatest value Sibley Park apartment is the Two Bedroom One Half Bathroom Model at Sibley Village Townhomes starting at $1,575 with a $1.16 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.
220 State St220 State St3BR,1BA$1.00
Sibley Village TownhomesTwo Bedroom One Half Bathroom2BR,1.5BA$1.16
313 E Rock St, Unit 2313 E Rock St2BR,1BA$1.25
2108 Arlington Trl, Unit 42108 Arlington Trl2BR,1BA$1.16
Sinclair Flats2 Bedroom2BR,1BA$0.89
305 1/2 Elm St, Unit 305.5305 1/2 Elm St1BR,1BA$1.02
Rita Road2 Bed 1 Bath2BR,1BA$1.29
442 Belgrade AveOne Bedroom1BR,1BA$1.04
612 N 4th St612 N 4th St2BR,1BA$1.28
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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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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Quick Rent Budget Calculator

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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 #9

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 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 $750 to $2,794. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sibley Park ranging from $1,195 to $2,500.

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 $1,195 to $2,500 with an average monthly rent of $1,799.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.