815 N 4th St
MankatoMN56001
Cheap Homes for Rent in The Prairie Neighborhood of Mankato, MN from $1,100 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the The Prairie area of Mankato.
1611 5th Ave
MankatoMN56001
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.
210 E Elm St, Unit 210
210 E Elm St
MankatoMN56001
730 N Broad 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.
Showing Results 1-4, Page 1 of 1
The Prairie, Mankato, MN Local Guide
How much does it cost to rent a home in The Prairie?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Prairie 2 Bedroom Homes for Rent | $1,397 | $1,395 | $1,400 |
| The Prairie 3 Bedroom Homes for Rent | $1,233 | $1,150 | $1,300 |
| The Prairie 4 Bedroom Homes for Rent | $2,300 | $2,300 | $2,300 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the The Prairie Neighborhood of Mankato, MN.
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Best Value Apartments for Rent in The Prairie, MN
As of June 13, 2026 the best value apartment in the The Prairie area is the $1.04 price per square foot 508 S 4th St Model at 508 S 4th St, Unit Unit #1 in the in the University neighborhood starting from $2,600. The second greatest value The Prairie apartment is the Fox Run Townhomes Model at Fox Run Townhomes starting at $1,995 with a $1.13 price per square foot in the City Center Mankato 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. |
|---|---|---|---|
| 508 S 4th St, Unit Unit #1 | 508 S 4th St | 5BR,2BA | $1.04 |
| Fox Run Townhomes | Fox Run Townhomes | 2BR,2.5BA | $1.13 |
| Sibley Village Townhomes | Three Bedroom One Half Bathroom | 3BR,1.5BA | $1.16 |
| 313 E Rock St, Unit 2 | 313 E Rock St | 2BR,1BA | $1.04 |
| 328 N 6th St, Unit 328 N 6th St. Unit 2 | 328 N 6th St | 3BR,1BA | $1.06 |
| 2108 Arlington Trl, Unit 4 | 2108 Arlington Trl | 2BR,1BA | $1.16 |
| Pfau Reed Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.00 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $1.21 |
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $1.04 |
| Commerce Apartments | Two Bedroom | 2BR,1BA | $1.36 |
Frequently Asked Questions about The Prairie
What type of rentals are currently available in The Prairie?
There are currently 50 Apartments for Rent in The Prairie, MN with pricing that ranges from $685 to $2,794. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Prairie ranging from $1,150 to $2,300.
What is the current price range for Rental Homes in The Prairie?
Today's rental pricing for Homes for Rent, Condos and Townhomes in The Prairie ranges from $1,150 to $2,300 with an average monthly rent of $1,564.
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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.