
Cheap Homes for Rent in The Prairie Neighborhood of Mankato, MN from $1,100 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the The Prairie area of Mankato.

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.

418 Allan Ave
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.

312 Belgrade Ave
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 | $1,683 | $1,195 | $2,500 |
| The Prairie 3 Bedroom Homes for Rent | $1,300 | $1,100 | $1,600 |
| The Prairie 4 Bedroom Homes for Rent | $1,983 | $1,450 | $2,300 |
| The Prairie 5 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the The Prairie Neighborhood of Mankato, MN.
Explore Mankato
Best Value Apartments for Rent in The Prairie, MN
As of April 28, 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 Model at 442 Belgrade Ave starting at $1,050 with a $0.66 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. |
|---|---|---|---|
| Fox Run Townhomes | 3 bed 2.5 bath (Exterior) | 3BR,2.5BA | $1.19 |
| 442 Belgrade Ave | Three Bedroom | 3BR,2BA | $0.66 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Affordable | 3BR,1.5BA | $1.28 |
| Legacy Park Estates | Three Bedroom 1.75 Bathroom | 3BR,1.75BA | $1.22 |
| 2108 Arlington Trl, Unit 4 | 2108 Arlington Trl | 2BR,1BA | $1.16 |
| 313 E Rock St, Unit 2 | 313 E Rock St | 2BR,1BA | $1.09 |
| 320 E Hickory St, Unit 1 | 320 E Hickory St | 3BR,1BA | $1.20 |
| 305 1/2 Elm St, Unit 305.5 | 305 1/2 Elm St | 1BR,1BA | $1.02 |
| Rita Road | 2 Bed 1 Bath | 2BR,1BA | $1.29 |
| 612 N 4th St | 612 N 4th St | 2BR,1BA | $1.28 |
Frequently Asked Questions about The Prairie
What type of rentals are currently available in The Prairie?
There are currently 47 Apartments for Rent in The Prairie, MN with pricing that ranges from $875 to $2,794. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Prairie ranging from $1,100 to $2,500.
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 $1,100 to $2,500 with an average monthly rent of $1,741.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.