
Cheap Apartments for Rent in the The Prairie Neighborhood of Mankato, MN from $700 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Prairie area of Mankato.


217.5 Willard St

Village Place Apartments

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729 N Broad St, Unit 729.5 N Broad st

Glenwood Terrace

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157 E Welcome Ave, Unit 1

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149 E Welcome Ave, Unit 4
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.

Cherry Square

Rita Road

Gray Hawk Apartments

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River Bluff Apartments

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Pfau Reed Apartments

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429 State St, Unit 203

Riverfront Court
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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The Alma

Dublin Road Townhomes

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Augusta Park Estates

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1325 Fair Street, Unit Unit #4

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119 S 6th St, Unit 1

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Legacy Park Estates

Cedar Meadow Apartments
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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119 E Welcome Ave

Skyway Property Holdings, LLC - (Studio 5)

Commerce Apartments

Village Court Apartments

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Hoover Estates

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1916 Haughton Ave, Unit 4

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225 Belgrade Ave, Unit B
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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2108 Arlington Trl, Unit 4

442 Belgrade Ave
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 | $1,140 | $835 | $1,295 |
| The Prairie 1 Bedroom Apartments | $1,499 | $784 | $2,150 |
| The Prairie 2 Bedroom Apartments | $1,609 | $975 | $2,396 |
| The Prairie 3 Bedroom Apartments | $1,935 | $1,299 | $2,830 |
| The Prairie 4 Bedroom Apartments | $1,657 | $1,500 | $1,828 |
Browse Apartments in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the The Prairie Neighborhood of Mankato, MN.
See all Apartments in MankatoExplore Mankato
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lewis Lofts | 1a1t | 1BR,1BA | $784 |
| Village Place Apartments | Studio | Studio,1BA | $835 |
| Glenwood Terrace | 1 BR/1 BA | 1BR,1BA | $880 |
| Cherry Square | 1 Bedroom | 1BR,1BA | $995 |
| Village Court Apartments | 2 Bed, 1 Bath (original) | 2BR,1BA | $1,028 |
| River Bluff Apartments | Two Bedroom | 2BR,1BA | $1,081 |
| Pfau Reed Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,100 |
| Rita Road | 2 Bed 1 Bath | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fox Run Townhomes | 3 bed 2.5 bath (Exterior) | 3BR,2.5BA | $1.19 |
| Sibley Village Townhomes | Three Bedroom One Half Bathroom | 3BR,1.5BA | $1.16 |
| 802 Le Hillier St, Unit 1 | 802 Le Hillier St | 4BR,2BA | $1.00 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Affordable | 3BR,1.5BA | $1.17 |
| 1104 N 5th St, Unit 3 Bed | 1104 N 5th St | 3BR,1BA | $1.08 |
| 225 Belgrade Ave, Unit B | 225 Belgrade Ave | 2BR,1BA | $1.09 |
| 2108 Arlington Trl, Unit 4 | 2108 Arlington Trl | 2BR,1BA | $1.16 |
| Pfau Reed Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.00 |
| 119 S 6th St, Unit 1 | 119 S 6th St | 2BR,1BA | $1.20 |
| Lewis Lofts | 1a1t | 1BR,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.
Articles, How-To's, and Tips

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.