Cheap Homes for Rent in University Neighborhood of Mankato, MN from $1,000 (5 Rentals)

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

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.

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 327 E Walnut St

327 E Walnut St

MankatoMN56001

University, Mankato, MN Local Guide

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 Sinclair Flats priced from $838. Valley View Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable University apartments for rent in Mankato, MN:

Apartment ListingModel NameBed/BathPriced From
Sinclair Flats2 Bedroom2BR,1BA$838
Valley View ApartmentsOne Bedroom1BR,1BA$900
Glenwood Terrace2 BR/ 1 BA2BR,1BA$950

Best Value Apartments for Rent in University, MN

As of September 02, 2025 the best value apartment in the University area is the $0.95 price per square foot 2 bedrooms & 1 loft Model at Sibley Parkway Crossing in the in the University neighborhood starting from $1,900. The second greatest value University apartment is the Three Bedroom Model at Timberwolf Townhomes starting at $1,850 with a $1.20 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Sibley Parkway Crossing2 bedrooms & 1 loft2BR,2.5BA$0.95
Timberwolf TownhomesThree Bedroom3BR,2.5BA$1.20
Cherry Ridge ApartmentsTax Credit3BR,2BA$0.93
Tartan Glen2 Bedroom 1 Bath2BR,1BA$1.22
206 W 9th St, Unit Left206 W 9th St2BR,1BA$1.19
Sinclair Flats2 Bedroom2BR,1BA$0.89
Knollcrest2 bed2BR,1BA$1.11
Gray Hawk ApartmentsLarge Two Bedroom2BR,1BA$1.21
Glenwood Terrace2 BR/ 1 BA2BR,1BA$1.14
Bunting Lane ApartmentsTwo Bed2BR,1BA$0.82

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
University, Mankato, MN

Ranked #5

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about University

What type of rentals are currently available in University?

There are currently 105 Apartments for Rent in University, MN with pricing that ranges from $850 to $2,095. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in University ranging from $1,025 to $1,995.

What is the current price range for Rental Homes in University?

Today's rental pricing for Homes for Rent, Condos and Townhomes in University ranges from $1,025 to $1,995 with an average monthly rent of $1,527.

How much are larger Three and Four Bedroom Rentals in University?

For those who are looking for larger living arrangements, Three Bedroom Apartments in University range from $1,250 to $2,095, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $1,740. Four Bedroom Single-Family rentals are also available starting from $1,980 and Four Bedroom Apartments start at $1,600.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.