815 N 4th St
MankatoMN56001
Cheap Homes for Rent in the The Prairie Neighborhood of Mankato, MN from $1,100 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the The Prairie area of Mankato.
325.5 McKinley Ave
North MankatoMN56003
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
340 Webster Ave
North MankatoMN56003
242 Belgrade Ave
North MankatoMN56003
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
622 N Broad St
MankatoMN56001
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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 | $1,366 | $1,150 | $1,550 |
| The Prairie 3 Bedroom Homes for Rent | $1,150 | $1,150 | $1,150 |
| The Prairie 4 Bedroom Homes for Rent | $2,250 | $2,250 | $2,250 |
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 5 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 Village Court Apartments priced from $928. 442 Belgrade Ave has the second lowest priced unit, which is a 2 Beds 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 |
|---|---|---|---|
| Village Court Apartments | 1 Bed, 1 Bath (original) | 1BR,1BA | $928 |
| 442 Belgrade Ave | Two Bedroom | 2BR,1BA | $995 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $995 |
Best Value Apartments for Rent in The Prairie, MN
As of July 29, 2026 the best value apartment in the The Prairie area is the $1.20 price per square foot 3 Bedroom 1.5 Bath Market Model at Dublin Road Townhomes in the in the City Center Mankato neighborhood starting from $1,525. The second greatest value The Prairie apartment is the 2 Beds, 1 bath Model at Pfau Reed Apartments starting at $1,120 with a $1.02 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. |
|---|---|---|---|
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Market | 3BR,1.5BA | $1.20 |
| Pfau Reed Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.02 |
| Riverfront Court | Three Bedroom Two Bath | 3BR,2BA | $1.36 |
| 125 N Broad St, Unit 125 N Broad St Apt 1 | 125 N Broad St | 1BR,1BA | $0.95 |
| Cedar Meadow Apartments | 3BR | 3BR,1BA | $1.40 |
| 442 Belgrade Ave | Two Bedroom | 2BR,1BA | $1.12 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $1.21 |
| 429 State St, Unit 203 | 429 State St | 2BR,1BA | $1.38 |
| Hoover Estates | 2/1 | 2BR,1BA | $1.41 |
| 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 49 Apartments for Rent in The Prairie, MN with pricing that ranges from $775 to $2,155. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Prairie ranging from $1,150 to $2,250.
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 $2,250 with an average monthly rent of $1,537.
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 $1,150 to $2,095, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $1,150. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $1,800.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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.