323 Warren St, Unit 3
323 Warren St
MankatoMN56001
Cheap Apartments for Rent in the University Neighborhood of Mankato, MN from $400 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the University area of Mankato.
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$800
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Sep 15Total 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 Price6 Month Lease Term
1 Bedroom Apartment Available Sep 1Total Monthly Price
Base Rent
$800
Total Monthly Price
$800
315 E Walnut St, Unit #2
315 E Walnut StMankato, MN 56001
222 1/2 W 6th St.
222 1/2 W 6th St
MankatoMN56001
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$855 - $1,980
Total Monthly Price12 Month Lease Term
1 to 5 Bedroom Apartments Available Aug 1Total Monthly Price
Base Rent
$855 - $1,980
Total Monthly Price
$855 - $1,980
Highland Hills Apartments
1340 Warren StMankato, MN 56001
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$875Studio to 2 Bedroom Apartments Available Sep 4
Village Place Apartments of Mankato
100-104 Thomas DrMankato, MN 56001
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Rent Specials
$880 - $985
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Aug 1Glenwood Terrace
107-115 Parkway AveMankato, MN 56001
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$900 - $1,000
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowValley View Apartments
450-470 James AveMankato, MN 56001
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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$925 - $1,095
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowCherry Ridge Apartments
101 Glenwood AveMankato, MN 56001
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$950
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$950
Total Monthly Price
$950
125 N Broad St, Unit 125 N Broad St Apt 1
125 N Broad StMankato, MN 56001
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$970 - $1,829
Total Monthly Price11 Month Lease Term
1 to 3 Bedroom Apartments Available Aug 14Total Monthly Price
Base Rent
$940 - $1,799
Required Monthly Fees
$30
Total Monthly Price
$970 - $1,829
The Grove at Mankato
200 Briargate RdMankato, MN 56001
525 S Broad St
MankatoMN56001
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$1,000 - $2,350
Plus Fees12 Month Lease Term
1 to 5 Bedroom Apartments Available NowHuntington Hills Apartments & Townhomes
744 James AveMankato, MN 56001
212 Alta Dr
MankatoMN56001
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$1,004 - $1,204
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowSouthwood Flats
520 James AveMankato, MN 56001
224 Carroll St
MankatoMN56001
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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$1,025
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$1,025
Total Monthly Price
$1,025
500 Belle Ave, Unit 1
500 Belle AveMankato, MN 56001
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$1,045 - $1,125
Plus Fees12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityGray Hawk Apartments
160-180 Homestead RdMankato, MN 56001
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$1,075
Plus Fees
1 Bedroom Apartments Available Aug 1Cherry Square
500 S 2nd StMankato, MN 56001
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Rent Specials
$1,080 - $1,330
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal 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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$1,095
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Aug 15Total Monthly Price
Base Rent
$1,095
Total Monthly Price
$1,095
501 N 5th St, Unit Upper Level 1/2
501 N 5th StMankato, MN 56001
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$1,100
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,100
Total Monthly Price
$1,100
429 State St, Unit 203
429 State StMankato, MN 56001
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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
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.
119 Glenview Ave
MankatoMN56001
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1 to 3 Bedroom Apartments
Eastport Apartments
1001 Eastport DrMankato, MN 56001
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1 to 2 Bedroom Apartments
Parkway
101-103 Parkway AveMankato, 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
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
Hilltop Lane Apartments
50 Hilltop LnMankato, MN 56001
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2 to 3 Bedroom Apartments
Colette Townhomes
428 Commodore DrMankato, 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
Wesley Place
319 E Washington StMankato, MN 56001
325 E Washington St
MankatoMN56001
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1 to 2 Bedroom Apartments
Meadow Rivers Apartments
1251-1261 Pohl RdMankato, MN 56001
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1 to 2 Bedroom Apartments
Echo Rivers
115 Echo StMankato, MN 56001
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Studio to 2 Bedroom Apartments
107 S 5th St
107 S 5th 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.
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2 Bedroom Apartments
Rita Road
188-192 Rita RdMankato, MN 56001
Showing Results 1-41, Page 1 of 1
University, Mankato, MN Local Guide
How much does it cost to rent an apartment in University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University 1 Bedroom Apartments | $1,111 | $800 | $2,155 |
| University 2 Bedroom Apartments | $1,265 | $985 | $2,150 |
| University 3 Bedroom Apartments | $1,521 | $1,150 | $1,829 |
| University 4 Bedroom Apartments | $1,920 | $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 41 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
- Nearby Cities
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- School Districts
Cheapest Available University Apartments for Rent
The cheapest available apartment rental in the University area of Mankato, MN is a 2 Beds unit found at Cherry Ridge Apartments priced from $995. Valley View Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,000. Here are the most affordable University apartments for rent in Mankato, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $995 |
| Valley View Apartments | Two Bedroom | 2BR,1BA | $1,000 |
| Huntington Hills Apartments & Townhomes | 1BR Apartment | 1BR,1BA | $1,000 |
| Wesley Place | Wesley Place - 8 | 2BR,1BA | $1,025 |
| Sinclair Flats | 2 Bedroom | 2BR,1BA | $1,025 |
| Southwood Flats | 1 Bed, 1 Bath (Phase 1) | 1BR,1BA | $1,049 |
| The Edge Apartments | One Bedroom | 1BR,1BA | $1,080 |
| Pfau Reed Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,120 |
Best Value Apartments for Rent in University, MN
As of July 30, 2026 the best value apartment in the University area is the $1.02 price per square foot 2 Beds, 1 bath Model at Pfau Reed Apartments in the in the University neighborhood starting from $1,120. The second greatest value University apartment is the Three Bedroom Two Bath Model at Riverfront Court starting at $1,450 with a $1.36 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. |
|---|---|---|---|
| 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 |
| Sinclair Flats | 2 Bedroom | 2BR,1BA | $1.09 |
| Cedar Meadow Apartments | 3BR | 3BR,1BA | $1.40 |
| Wesley Place | Wesley Place - 8 | 2BR,1BA | $1.17 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $1.21 |
| 429 State St, Unit 203 | 429 State St | 2BR,1BA | $1.38 |
| The Edge Apartments | One Bedroom | 1BR,1BA | $1.39 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.66 |
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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Real 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
How much rent can you afford?
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 #9
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 Huntington Hills Apartments & Townhomes which is listed at $1,000, while the average apartment in University costs $2,242.
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 9 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 $474 which is $1,768 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.
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.
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.