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$295 - $1,980
Total Monthly Price
Base Rent$295 - $1,980
Total Monthly Price$295 - $1,980
Highland Hills Apartments
1340 Warren StMankato, MN 56001
Cheap Apartments for Rent in the University Neighborhood of Mankato, MN from $427 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in the University area of Mankato.
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Rent Specials
$427 - $2,135
Total Monthly Price
Base Rent$427 - $2,135
Total Monthly Price$427 - $2,135
College Station
1341 Pohl RdMankato, MN 56001
335 Bradley St, Unit Left Side
335 Bradley St
MankatoMN56001
322 E Walnut St
MankatoMN56001
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$800
Total Monthly Price
Base Rent$800
Total Monthly Price$800
609 S Broad St, Unit 4
609 S Broad StMankato, MN 56001
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$800
Total Monthly Price
Base Rent$800
Total Monthly Price$800
315 E Walnut St, Unit #2
315 E Walnut StMankato, MN 56001
107 E Liberty St
MankatoMN56001
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$880 - $985
Total Monthly Price
Base Rent$880 - $985
Total Monthly Price$880 - $985
Glenwood Terrace
107-115 Parkway AveMankato, MN 56001
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$900 - $1,000
Total Monthly Price
Base Rent$900 - $1,000
Total Monthly Price$900 - $1,000
Valley View Apartments
450-470 James AveMankato, MN 56001
100 Glenwood Ave
MankatoMN56001
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.
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$9002 Bedroom Apartments Available Oct 1
426 N 5th St, Unit 1
426 N 5th StMankato, MN 56001
226 Bradley St
MankatoMN56001
525 S Broad St
MankatoMN56001
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Rent Specials
$980 - $1,517
Total Monthly Price
Base Rent$950 - $1,487
Required Monthly Fees$30
Total Monthly Price$980 - $1,517
River Bluff Apartments
405 N 5th StMankato, MN 56001
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$1,004 - $1,204
Total Monthly Price
Base Rent$1,004 - $1,204
Total Monthly Price$1,004 - $1,204
Southwood Flats
520 James AveMankato, MN 56001
224 Carroll St
MankatoMN56001
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Rent Specials
$1,036 - $1,895
Total Monthly Price
Base Rent$940 - $1,799
Required Monthly Fees$96
Total Monthly Price$1,036 - $1,895
The Grove at Mankato
200 Briargate RdMankato, MN 56001
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$1,045 - $1,125
Total Monthly Price
Base Rent$1,045 - $1,125
Total Monthly Price$1,045 - $1,125
Gray Hawk Apartments
160-180 Homestead RdMankato, MN 56001
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$1,070
Total Monthly Price
Base Rent$1,070
Total Monthly Price$1,070
501 N 5th St, Unit Upper Level 1/2
501 N 5th StMankato, MN 56001
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$1,075
Total Monthly Price
Base Rent$1,075
Total Monthly Price$1,075
Cherry Square
500 S 2nd StMankato, MN 56001
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.
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Rent Specials
$1,080 - $1,330
Total Monthly Price
Base Rent$1,050 - $1,300
Required Monthly Fees$30
Total Monthly Price$1,080 - $1,330
The Edge Apartments
1902 Warren StMankato, MN 56001
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Rent Specials
$1,099 - $1,299
Total Monthly Price
Base Rent$1,099 - $1,299
Total Monthly Price$1,099 - $1,299
Cedar Meadow Apartments
701 S Victory DrMankato, MN 56001
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Rent Specials
$1,150 - $1,300
Total Monthly Price
Base Rent$1,150 - $1,300
Total Monthly Price$1,150 - $1,300
Village Place Flats
210 Thomas DrMankato, MN 56001
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$1,150 - $2,300
Total Monthly Price
Base Rent$1,150 - $2,300
Total Monthly Price$1,150 - $2,300
Huntington Hills Apartments & Townhomes
744 James AveMankato, MN 56001
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$1,150
Total Monthly Price
Base Rent$1,150
Total Monthly Price$1,150
120 Locust St, Unit 7 Lower
120 Locust StMankato, MN 56001
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$1,150
Total Monthly Price
Base Rent$1,150
Total Monthly Price$1,150
116 Van Brunt St, Unit 1
116 Van Brunt StMankato, MN 56001
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$1,167
Total Monthly Price
Base Rent$1,137
Required Monthly FeesVaries
Total Monthly PriceVaries
The Alma
105 E Walnut StMankato, MN 56001
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$1,200
Total Monthly Price
Base Rent$1,200
Total Monthly Price$1,200
1325 Fair Street
1325 Fair StreetMankato, MN 56001
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$1,200
Total Monthly Price
Base Rent$1,200
Total Monthly Price$1,200
251 Bunting Ln, Unit 122
251 Bunting LnMankato, MN 56001
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$1,200
Total Monthly Price
Base Rent$1,200
Total Monthly Price$1,200
101 S Broad St, Unit 1
101 S Broad StMankato, MN 56001
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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1 to 2 Bedroom Apartments
Lewis Lofts
209 Dewey StMankato, MN 56001
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Studio to 2 Bedroom Apartments
404 S 4th St
404 S 4th StMankato, MN 56001
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1 to 3 Bedroom Apartments
Eastport Apartments
1001 Eastport DrMankato, MN 56001
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Studio to 2 Bedroom Apartments
River Bluff Suites
123 N 4th StMankato, MN 56001
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1 to 3 Bedroom Apartments
Sinclair Flats
210 Dewey LnMankato, MN 56001
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1 to 3 Bedroom Apartments
Rosa Place
510 Timberwolf DrMankato, MN 56001
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1 to 3 Bedroom Apartments
Rosa Place Apartments II
875 Heron drMankato, MN 56001
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1 to 3 Bedroom Apartments
The Preserve Apartments
240 Jaycee CtMankato, MN 56001
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1 to 2 Bedroom Apartments
Hilltop Lane Apartments
50 Hilltop LnMankato, MN 56001
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2 to 3 Bedroom Apartments
Colette Townhomes
428 Commodore DrMankato, MN 56001
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.
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1 to 2 Bedroom Apartments
Parkway Apartments
101-103 Parkway AveMankato, MN 56001
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2 Bedroom Apartments
Knollcrest
120-122 Knollcrest DrMankato, MN 56001
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1 to 3 Bedroom Apartments
Cherry Ridge Apartments
101 Glenwood AveMankato, MN 56001
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1 to 3 Bedroom Apartments
Wesley Place
319 E Washington StMankato, MN 56001
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1 to 2 Bedroom Apartments
Meadow Rivers Apartments
1251-1261 Pohl RdMankato, MN 56001
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Studio to 2 Bedroom Apartments
107 S 5th St
107 S 5th StMankato, MN 56001
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1 to 2 Bedroom Apartments
Echo Rivers
115 Echo StMankato, MN 56001
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2 Bedroom Apartments
Rita Road
188-192 Rita RdMankato, MN 56001
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2 Bedroom Apartments
Pfau Reed Apartments
610-620 Reed StMankato, MN 56001
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4 Bedroom Apartments
Maverick Heights
1522 Warren StMankato, MN 56001
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 1-50, Page 1 of 2
University, Mankato, MN Local Guide
How much does it cost to rent an apartment in University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Studio Apartments | $825 | $750 | $900 |
| University 1 Bedroom Apartments | $1,119 | $774 | $2,155 |
| University 2 Bedroom Apartments | $1,304 | $722 | $2,155 |
| University 3 Bedroom Apartments | $1,533 | $1,099 | $2,415 |
| University 4 Bedroom Apartments | $1,980 | $1,780 | $2,080 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 51 rentals with your search options within a 2 mile radius of the University Neighborhood of Mankato, MN.
See all Apartments in MankatoExplore Mankato
University, Mankato, MN Local Guide
- Nearby Mankato neighborhoods
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Cheapest Available University Apartments for Rent
The cheapest available apartment rental in the University area of Mankato, MN is a 5 Beds unit found at Highland Hills Apartments priced from $295. College Station has the second lowest priced unit, which is a 5 Beds apartment currently listed from $427. Here are the most affordable University apartments for rent in Mankato, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highland Hills Apartments | Highland East B | 5BR,2BA | $295 |
| College Station | 5 Bedroom 2 bath | 5BR,2BA | $427 |
| Parkway Apartments | 1 Bed, 1 Bath | 1BR,1BA | $974 |
| Glenwood Terrace | 2 BR/ 1 BA | 2BR,1BA | $985 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $995 |
| Valley View Apartments | Two Bedroom | 2BR,1BA | $1,000 |
| Southwood Flats | 1 Bed, 1 Bath (Phase 1) | 1BR,1BA | $1,004 |
| Wesley Place | Wesley Place - 8 | 2BR,1BA | $1,025 |
| Sinclair Flats | 2 Bedroom | 2BR,1BA | $1,025 |
Best Value Apartments for Rent in University, MN
As of September 13, 2026 the best value apartment in the University area is the $1.18 price per square foot 5 Bedroom Townhome Model at Huntington Hills Apartments & Townhomes in the in the University neighborhood starting from $2,300. The second greatest value University apartment is the 428 Deldona Dr Model at 428 Deldona Dr, Unit 4 starting at $1,745 with a $0.91 price per square foot in the University neighborhood. Here is today’s list of the best values for University apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Huntington Hills Apartments & Townhomes | 5 Bedroom Townhome | 5BR,2BA | $1.18 |
| 428 Deldona Dr, Unit 4 | 428 Deldona Dr | 3BR,2BA | $0.91 |
| 101 S Broad St, Unit 1 | 101 S Broad St | 2BR,1BA | $0.80 |
| College Station | 5 Bedroom 2 bath | 5BR,2BA | $0.32 |
| 120 Locust St, Unit 7 Lower | 120 Locust St | 3BR,2BA | $0.88 |
| 214 Heather Ln, Unit 3 | 214 Heather Ln | 3BR,2BA | $0.96 |
| Sinclair Flats | 2 Bedroom | 2BR,1BA | $1.09 |
| Wesley Place | Wesley Place - 8 | 2BR,1BA | $1.17 |
| 315 E Walnut St, Unit #2 | 315 E Walnut St | 1BR,1BA | $1.00 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.73 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Quick Rent Budget Calculator
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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If you’re an expert on all things University, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleUniversity, Mankato, MN
Ranked #8
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
Our team of engineers and researchers works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central Mankato. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, places to raise kids, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap University Apartments
What is the price of a cheap apartment in University?
The cheapest apartment in University is Parkway Apartments which is listed at $974, while the average apartment in University costs $1,204.
What types of apartments are the cheapest in University?
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 17 regular apartments in University 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 University?
Cheap apartments in University have an average cost of $429 which is $775 cheaper than the average rent for all rentals in University.
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.