Cheap Apartments for Rent in the The Prairie Neighborhood of Mankato, MN from $700 (30 Rentals)

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

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149 E Welcome Ave, Unit 4
$975
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975
2 Bedroom Apartment Available Aug 1

149 E Welcome Ave, Unit 4

149 E Welcome AveMankato, MN 56001
Affordability
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River Bluff Apartments
$1,081 - $1,511
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,070 - $1,500
Required Monthly Fees
$11

Total Monthly Price
$1,081 - $1,511
1 to 3 Bedroom Apartments Available Now

River Bluff Apartments

405 N 5th StMankato, MN 56001
Outdoors
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Pfau Reed Apartments
$1,100
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100
2 Bedroom Apartments Available Now

Pfau Reed Apartments

610-620 Reed StMankato, MN 56001
Cost Per Sq.Ft.
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The Alma
$1,131
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,101
Required Monthly Fees
$30

Total Monthly Price
$1,131
1 Bedroom Apartments Contact Us For Availability

The Alma

105 E Walnut StMankato, MN 56001
Transit Friendly
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  • Low Income
  • 3D Tour
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Augusta Park Estates
Rent Specials
$1,195 - $1,899
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $1,899

Total Monthly Price
$1,195 - $1,899
Studio to 2 Bedroom Apartments Available Now

Augusta Park Estates

1690 Premier DrMankato, MN 56001
Pet Friendly
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1325 Fair Street, Unit Unit #4
$1,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

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

1325 Fair Street, Unit Unit #4

1325 Fair StreetMankato, MN 56001
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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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Legacy Park Estates
Rent Specials
$1,214 - $1,634
Total Monthly Price

Total Monthly Price

Base Rent
$1,175 - $1,595
Required Monthly Fees
$39

Total Monthly Price
$1,214 - $1,634
1 to 3 Bedroom Apartments Available Now

Legacy Park Estates

100 Dublin CtMankato, MN 56001
Pet Friendly
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119 E Welcome Ave
$1,275 - $2,475
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,275 - $2,475

Total Monthly Price
$1,275 - $2,475
2 to 5 Bedroom Apartment Available Aug 1

119 E Welcome Ave

119 E Welcome AveMankato, MN 56001
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Hoover Estates
$1,065
Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Required Monthly Fees
$15

Total Monthly Price
$1,065
2 Bedroom Apartments Contact Us For Availability

Hoover Estates

1866 Lee BlvdNorth Mankato, MN 56003
55+ Active Adult
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  • Utilities Included
  • Low Income
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1916 Haughton Ave, Unit 4
$1,150
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150
2 Bedroom Apartment Available Apr 1

1916 Haughton Ave, Unit 4

1916 Haughton AveNorth Mankato, MN 56003
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442 Belgrade Ave
1 to 3 Bedroom Apartments

442 Belgrade Ave

442 Belgrade AveNorth Mankato, MN 56003
  • Utilities Included

Cheapest Available The Prairie Apartments for Rent

 

The cheapest available apartment rental in the The Prairie area of Mankato, MN is a 1 Bed unit found at Lewis Lofts priced from $784. Village Place Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $835. Here are the most affordable The Prairie apartments for rent in Mankato, MN:

Apartment ListingModel NameBed/BathPriced From
Lewis Lofts1a1t1BR,1BA$784
Village Place ApartmentsStudioStudio,1BA$835
Glenwood Terrace1 BR/1 BA1BR,1BA$880
Cherry Square1 Bedroom1BR,1BA$995
Village Court Apartments2 Bed, 1 Bath (original)2BR,1BA$1,028
River Bluff ApartmentsTwo Bedroom2BR,1BA$1,081
Pfau Reed Apartments2 Beds, 1 bath2BR,1BA$1,100
Rita Road2 Bed 1 Bath2BR,1BA$1,100

Best Value Apartments for Rent in The Prairie, MN

As of February 26, 2026 the best value apartment in the The Prairie area is the $1.19 price per square foot 3 bed 2.5 bath (Exterior) Model at Fox Run Townhomes in the in the City Center Mankato neighborhood starting from $2,095. The second greatest value The Prairie apartment is the Three Bedroom One Half Bathroom Model at Sibley Village Townhomes starting at $1,795 with a $1.16 price per square foot in the University neighborhood. Here is today’s list of the best values for The Prairie apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fox Run Townhomes3 bed 2.5 bath (Exterior)3BR,2.5BA$1.19
Sibley Village TownhomesThree Bedroom One Half Bathroom3BR,1.5BA$1.16
802 Le Hillier St, Unit 1802 Le Hillier St4BR,2BA$1.00
Dublin Road Townhomes3 Bedroom 1.5 Bath Affordable3BR,1.5BA$1.17
1104 N 5th St, Unit 3 Bed1104 N 5th St3BR,1BA$1.08
225 Belgrade Ave, Unit B225 Belgrade Ave2BR,1BA$1.09
2108 Arlington Trl, Unit 42108 Arlington Trl2BR,1BA$1.16
Pfau Reed Apartments2 Beds, 1 bath2BR,1BA$1.00
119 S 6th St, Unit 1119 S 6th St2BR,1BA$1.20
Lewis Lofts1a1t1BR,1BA$1.27

Frequently Asked Questions about Cheap The Prairie Apartments

What is a cheap apartment in The Prairie?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in The Prairie is under $1,100.

What is the price of a cheap apartment in The Prairie?

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

What types of apartments are the cheapest in The Prairie?

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 11 regular apartments in The Prairie 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 The Prairie?

Cheap apartments in The Prairie have an average cost of $772 which is $1,363 cheaper than the average rent for all rentals in The Prairie.

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.

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