Cheap Apartments for Rent in the The Prairie Neighborhood of Mankato, MN from $700 (44 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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930 N 5th St
$750 - $1,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$750 - $1,000

Total Monthly Price
$750 - $1,000
1 to 2 Bedroom Apartment Available Sep 1

930 N 5th St

930 N 5th StMankato, MN 56001
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315 E Walnut St, Unit #2
$800
Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800
1 Bedroom Apartment Available Sep 1

315 E Walnut St, Unit #2

315 E Walnut StMankato, MN 56001
Cost Per Sq.Ft.
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112 Grove St, Unit 3
$900
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900
2 Bedroom Apartment Available Aug 1

112 Grove St, Unit 3

112 Grove StMankato, MN 56001
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River Bluff Apartments
Rent Specials
$930 - $1,530
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900 - $1,500
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

River Bluff Apartments

405 N 5th StMankato, MN 56001
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The Grove at Mankato
$970 - $1,829
Total Monthly Price11 Month Lease Term

Total Monthly Price

Base Rent
$940 - $1,799
Required Monthly Fees
$30

Total Monthly Price
$970 - $1,829
1 to 3 Bedroom Apartments Available Now

The Grove at Mankato

200 Briargate RdMankato, MN 56001
Student Housing
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Augusta Park Estates
$1,120 - $1,899
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,120 - $1,899

Total Monthly Price
$1,120 - $1,899
Studio to 2 Bedroom Apartments Available Now

Augusta Park Estates

1690 Premier DrMankato, MN 56001
Pet Friendly
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The Alma
$1,131 - $1,167
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,101 - $1,137
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Contact Us For Availability

The Alma

105 E Walnut StMankato, MN 56001
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1325 Fair Street
$1,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

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

1325 Fair Street

1325 Fair StreetMankato, MN 56001
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312 N 4th St
$1,200 - $1,800
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200 - $1,800

Total Monthly Price
$1,200 - $1,800
2 to 4 Bedroom Apartment Available Aug 1

312 N 4th St

312 N 4th StMankato, MN 56001
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Legacy Park Estates
Rent Specials
$1,214 - $1,689
Total Monthly Price

Total Monthly Price

Base Rent
$1,175 - $1,650
Required Monthly Fees
$39

Total Monthly Price
$1,214 - $1,689
1 to 3 Bedroom Apartments Available Aug 13

Legacy Park Estates

100 Dublin CtMankato, MN 56001
Pet Friendly
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Axis Lofts
$1,370 - $1,820
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $1,745
Required Monthly Fees
$75

Total Monthly Price
$1,370 - $1,820
1 Bedroom Apartments Available Aug 1

Axis Lofts

1247 Range StMankato, MN 56001
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property at 815 N 4th St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

3 Bedroom, 1 Bath Condo for Rent

Available Aug 11

815 N 4th St

MankatoMN56001

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property at 730 N Broad St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 1 Bath Condo for Rent

Available Sep 10

730 N Broad St

MankatoMN56001
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Village Court Apartments
Rent Specials
$928 - $1,178
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$928 - $1,178

Total Monthly Price
$928 - $1,178
1 to 2 Bedroom Apartments Available Now

Village Court Apartments

1620 Village CtNorth Mankato, MN 56003
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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 Available Now

Hoover Estates

1866 Lee BlvdNorth Mankato, MN 56003
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property at 418 Allan Ave

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Condo for Rent

Available Now

418 Allan Ave

North MankatoMN56003
property at 325.5 McKinley Ave

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Home for Rent

Available Now

325.5 McKinley Ave

North MankatoMN56003
property at 340 Webster Ave

$1,345 - $1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,375

Total Monthly Price
$1,375

1 To 2 Bedroom Rentals

Available Aug 28

340 Webster Ave

North MankatoMN56003
property at 242 Belgrade Ave

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 Bedroom Rentals

Available Sep 15

242 Belgrade Ave

North MankatoMN56003

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 442 Belgrade Ave priced from $835. Glenwood Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here are the most affordable The Prairie apartments for rent in Mankato, MN:

Apartment ListingModel NameBed/BathPriced From
442 Belgrade AveOne Bedroom1BR,1BA$835
Glenwood Terrace1 BR/1 BA1BR,1BA$880
Village Court Apartments1 Bed, 1 Bath (original)1BR,1BA$928
Village Place Apartments of MankatoOne Bedroom1BR,1BA$975
Cherry Ridge ApartmentsTax Credit2BR,1BA$995
Commerce ApartmentsTwo Bedroom2BR,1BA$1,000
Hoover Estates2/12BR,1BA$1,065
Pfau Reed Apartments2 Beds, 1 bath2BR,1BA$1,120

Best Value Apartments for Rent in The Prairie, MN

As of July 12, 2026 the best value apartment in the The Prairie area is the $0.88 price per square foot 120 Locust St Model at 120 Locust St in the in the University neighborhood starting from $1,150. The second greatest value The Prairie apartment is the 909 S Front St Model at 909 S Front St, Unit 3 starting at $990 with a $0.83 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.
120 Locust St120 Locust St3BR,1BA$0.88
909 S Front St, Unit 3909 S Front St3BR,1BA$0.83
Pfau Reed Apartments2 Beds, 1 bath2BR,1BA$1.02
Riverfront CourtThree Bedroom Two Bath3BR,2BA$1.36
Cherry Ridge ApartmentsTax Credit2BR,1BA$0.94
1740 Lee Blvd, Unit 31740 Lee Blvd2BR,1BA$1.33
442 Belgrade AveTwo Bedroom2BR,1BA$1.12
Commerce ApartmentsTwo Bedroom2BR,1BA$1.36
Village Place Apartments of MankatoOne Bedroom1BR,1BA$1.37
Glenwood Terrace1 BR/1 BA1BR,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 442 Belgrade Ave which is listed at $835, 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 5 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 $814 which is $1,321 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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