Cheap Homes for Rent in The Prairie Neighborhood of Mankato, MN from $1,200 (5 Rentals)

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

property at 418 Allan Ave

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 1 Bath Condo for Rent

Available Now

418 Allan Ave

North MankatoMN56003
property at 1611 5th Ave

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Home for Rent

Available Jun 1

1611 5th Ave

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.

property at 235 Belgrade Ave

$1,500 - $1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 To 2 Bedroom Rentals

Available Now

235 Belgrade Ave

North MankatoMN56003
property at 245 Wheeler Ave

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

2 Bedroom, 1.5 Bath Home for Rent

Available Now

245 Wheeler Ave

North MankatoMN56003

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.

property at 429 Belgrade Ave

$1,600

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 2 Bath Home for Rent

Available Now

429 Belgrade Ave, Unit 429.5 #2

429 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 Lewis Lofts priced from $784. 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
Lewis Lofts1a1t1BR,1BA$784
Glenwood Terrace1 BR/1 BA1BR,1BA$880
Cherry Square1 Bedroom1BR,1BA$995

Best Value Apartments for Rent in The Prairie, MN

As of March 14, 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 3 bed 2.5 bath (Exterior) Model at Fox Run Townhomes starting at $2,095 with a $1.19 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 ListingModel NameBed/BathPrice Per Sq.Ft.
508 S 4th St, Unit Unit #1508 S 4th St5BR,2BA$1.04
Fox Run Townhomes3 bed 2.5 bath (Exterior)3BR,2.5BA$1.19
229 Center St, Unit 1229 Center St3BR,1BA$1.04
Legacy Park EstatesThree Bedroom 1.75 Bathroom3BR,1.75BA$1.22
225 Belgrade Ave, Unit B225 Belgrade Ave2BR,1BA$1.09
711 Grant Ave711 Grant Ave2BR,1BA$1.07
2108 Arlington Trl, Unit 42108 Arlington Trl2BR,1BA$1.16
113 E Spring St, Unit 1113 E Spring St2BR,1BA$0.93
119 S 6th St, Unit 1119 S 6th St2BR,1BA$1.20
326 E Vine St326 E Vine St1BR,1BA$1.00

Frequently Asked Questions about The Prairie

What type of rentals are currently available in The Prairie?

There are currently 53 Apartments for Rent in The Prairie, MN with pricing that ranges from $784 to $2,830. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Prairie ranging from $1,295 to $2,450.

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 $1,295 to $2,450 with an average monthly rent of $1,879.

How much are larger Three and Four Bedroom Rentals in The Prairie?

For those who are looking for larger living arrangements, Three Bedroom Apartments in The Prairie range from $1,349 to $2,830, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $1,600. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $1,500.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.