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Rent Specials
$880 - $985
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowGlenwood Terrace
107-115 Parkway AveMankato, MN 56001
Cheap Apartments for Rent in the The Prairie Neighborhood of Mankato, MN from $800 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Prairie area of Mankato.
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$900 - $925
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$900 - $925
Total Monthly Price
$900 - $925
612 N 4th St
612 N 4th StMankato, MN 56001
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$950
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Apr 15Total Monthly Price
Base Rent
$950
Total Monthly Price
$950
717 N 2nd St, Unit 4, Unit 4
717 N 2nd StMankato, MN 56001
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$975 - $1,000
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$975 - $1,000
Total Monthly Price
$975 - $1,000
108 Glenwood Ave
108 Glenwood AveMankato, MN 56001
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$975
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$975
Total Monthly Price
$975
141 E Welcome Ave, Unit M Hanson Prop., Unit M Hanson Prop.
141 E Welcome AveMankato, MN 56001
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$9951 Bedroom Apartments Available Now
301 N Riverfront Dr, Unit 301
301 N Riverfront DrMankato, MN 56001
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$995 - $1,295
Plus Fees
1 to 2 Bedroom Apartments Available NowCherry Square
500 S 2nd StMankato, MN 56001
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$1,000 - $1,050
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available Apr 30Village Place Apartments of Mankato
100-104 Thomas DrMankato, MN 56001
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.
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$1,011 - $1,611
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,000 - $1,600
Required Monthly Fees
$11
Total Monthly Price
$1,011 - $1,611
River Bluff Apartments
405 N 5th StMankato, MN 56001
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$1,020 - $1,100
Plus Fees12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityGray Hawk Apartments
160-180 Homestead RdMankato, MN 56001
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$1,050
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available May 1Total Monthly Price
Base Rent
$1,050
Total Monthly Price
$1,050
712 N 2nd St, Unit Lower, Unit Lower
712 N 2nd StMankato, MN 56001
921 N Riverfront Dr, Unit 1, Unit 1
921 N Riverfront Dr
MankatoMN56001
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$1,100
Plus Fees12 Month Lease Term
Studio Apartments Contact Us For AvailabilitySkyway Properties LLC
507 N Riverfront DrMankato, MN 56001
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$1,100
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowRita Road
188-192 Rita RdMankato, MN 56001
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$1,100
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,100
Total Monthly Price
$1,100
429 State St, Unit 203, Unit 203
429 State StMankato, MN 56001
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$1,120 - $1,850
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowRiverfront Court
115 S Riverfront DrMankato, MN 56001
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.
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$1,131
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,101
Required Monthly Fees
Varies
Total Monthly Price
Varies
The Alma
105 E Walnut StMankato, MN 56001
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$1,195 - $1,899
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,195 - $1,899
Total Monthly Price
$1,195 - $1,899
Augusta Park Estates
1690 Premier DrMankato, MN 56001
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$1,200
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available May 1Total Monthly Price
Base Rent
$1,200
Total Monthly Price
$1,200
1325 Fair Street, Unit #4, Unit #4
1325 Fair StreetMankato, MN 56001
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$1,200
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,200
Total Monthly Price
$1,200
528 N 5th St
528 N 5th StMankato, MN 56001
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$1,200 - $1,400
Total Monthly Price12 Month Lease Term
3 Bedroom Apartment Available May 1Total Monthly Price
Base Rent
$1,200 - $1,400
Total Monthly Price
$1,200 - $1,400
220 State St
220 State StMankato, MN 56001
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$1,200
Total Monthly Price12 Month Lease Term
3 Bedroom Apartment Available Apr 15Total Monthly Price
Base Rent
$1,200
Total Monthly Price
$1,200
320 E Hickory St, Unit 1, Unit 1
320 E Hickory StMankato, MN 56001
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$1,214 - $1,689
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,175 - $1,650
Required Monthly Fees
$39
Total Monthly Price
$1,214 - $1,689
Legacy Park Estates
100 Dublin CtMankato, MN 56001
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$1,275
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Jun 1Total Monthly Price
Base Rent
$1,275
Total Monthly Price
$1,275
422 Commodore Dr, Unit 424, Unit 424
422 Commodore DrMankato, MN 56001
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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$1,300
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$1,300
Total Monthly Price
$1,300
1428 N 4th St, Unit #1, Unit #1
1428 N 4th StMankato, MN 56001
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$1,349
Plus Fees
3 Bedroom Apartments Available NowCedar Meadow Apartments
701 S Victory DrMankato, MN 56001
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$1,380 - $1,780
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,345 - $1,745
Required Monthly Fees
$35
Total Monthly Price
$1,380 - $1,780
Axis Lofts
1247 Range StMankato, MN 56001
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$1,400 - $2,125
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,400 - $2,125
Total Monthly Price
$1,400 - $2,125
Pond View Heights Apartments
1015 Hope StMankato, MN 56001
1611 5th Ave
MankatoMN56001
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$850
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Apr 15Total Monthly Price
Base Rent
$850
Total Monthly Price
$850
329 Belgrade Ave, Unit 2, Unit 2
329 Belgrade AveNorth Mankato, MN 56003
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$875 - $1,000
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityCommerce Apartments
1621-1633 Commerce DrNorth Mankato, MN 56003
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$928 - $1,199
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowVillage Court Apartments
1620 Village CtNorth Mankato, MN 56003
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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$1,065
Total Monthly Price
2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,050
Required Monthly Fees
$15
Total Monthly Price
$1,065
Hoover Estates
1866 Lee BlvdNorth Mankato, MN 56003
312 Belgrade Ave
North MankatoMN56003
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$1,200
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,200
Total Monthly Price
$1,200
1740 Lee Blvd, Unit 3, Unit 3
1740 Lee BlvdNorth Mankato, MN 56003
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$1,225 - $1,775
Total Monthly Price12 Month Lease Term
2 to 3 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,225 - $1,775
Total Monthly Price
$1,225 - $1,775
711 Grant Ave
711 Grant AveNorth Mankato, MN 56003
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$1,250
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,250
Total Monthly Price
$1,250
225 Belgrade Ave, Unit B, Unit B
225 Belgrade AveNorth Mankato, MN 56003
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Rent Specials
$1,250 - $1,545
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Forde
1111 Range StNorth Mankato, MN 56003
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$1,275
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,275
Total Monthly Price
$1,275
2108 Arlington Trl, Unit 4, Unit 4
2108 Arlington TrlNorth Mankato, MN 56003
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1 to 3 Bedroom Apartments
442 Belgrade Ave
442 Belgrade AveNorth Mankato, MN 56003
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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The Prairie, Mankato, MN Local Guide
How much does it cost to rent an apartment in The Prairie?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Prairie Studio Apartments | $1,231 | $1,100 | $1,315 |
| The Prairie 1 Bedroom Apartments | $1,451 | $850 | $2,120 |
| The Prairie 2 Bedroom Apartments | $1,602 | $900 | $2,370 |
| The Prairie 3 Bedroom Apartments | $1,919 | $1,200 | $2,794 |
| The Prairie 4 Bedroom Apartments | $1,950 | $1,500 | $2,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 2 mile radius of the The Prairie Neighborhood of Mankato, MN.
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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 Glenwood Terrace priced from $880. Cherry Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable The Prairie apartments for rent in Mankato, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Glenwood Terrace | 1 BR/1 BA | 1BR,1BA | $880 |
| Cherry Square | 1 Bedroom | 1BR,1BA | $995 |
| River Bluff Apartments | One Bedroom | 1BR,1BA | $1,011 |
| Village Court Apartments | 2 Bed, 1 Bath (original) | 2BR,1BA | $1,028 |
| Rita Road | 2 Bed 1 Bath | 2BR,1BA | $1,100 |
| Riverfront Court | Two Bedroom/ One Bathroom w Balcony | 2BR,1BA | $1,120 |
| The Alma | 1 Bedroom | 1BR,1BA | $1,131 |
| Augusta Park Estates | D- Studio | Studio,1BA | $1,195 |
Best Value Apartments for Rent in The Prairie, MN
As of April 13, 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 528 N 5th St Model at 528 N 5th St starting at $1,200 with a $0.86 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fox Run Townhomes | 3 bed 2.5 bath (Exterior) | 3BR,2.5BA | $1.19 |
| 528 N 5th St | 528 N 5th St | 3BR,1BA | $0.86 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Market | 3BR,1.5BA | $1.11 |
| 225 Belgrade Ave, Unit B | 225 Belgrade Ave | 2BR,1BA | $1.09 |
| 711 Grant Ave | 711 Grant Ave | 2BR,1BA | $1.07 |
| 2108 Arlington Trl, Unit 4 | 2108 Arlington Trl | 2BR,1BA | $1.16 |
| Riverfront Court | Three Bedroom Two Bath | 3BR,2BA | $1.36 |
| 1740 Lee Blvd, Unit 3 | 1740 Lee Blvd | 2BR,1BA | $1.33 |
| Rita Road | 2 Bed 1 Bath | 2BR,1BA | $1.29 |
| Glenwood Terrace | 1 BR/1 BA | 1BR,1BA | $1.38 |
Frequently Asked Questions about Cheap The Prairie Apartments
What is the price of a cheap apartment in The Prairie?
The cheapest apartment in The Prairie is Glenwood Terrace which is listed at $880, 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 13 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 $985 which is $1,150 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.
Articles, How-To's, and Tips
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.
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.
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.
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.