
Cheap Apartments for Rent in the Washington Park Neighborhood of Mankato, MN from $500 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the Washington Park area of Mankato.


Total Monthly Price
1104 N 5th St, Unit 1 Bed, Unit 1 Bed

Total Monthly Price
609 S Broad St, Unit 1, Unit 1

Total Monthly Price
120 Locust St

Glenwood Terrace

Valley View Apartments

Village Place Apartments of Mankato

Total Monthly Price
305 1/2 Elm St, Unit 305.5, Unit 305.5
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.

Total Monthly Price
505 S 4th St, Unit 2, Unit 2

Cherry Ridge Apartments

Cherry Square

120 S 4th St

Total Monthly Price
612 N 4th St

Gray Hawk Apartments

Total Monthly Price
The Edge Apartments

Total Monthly Price
River Bluff Apartments
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.

Skyway Properties LLC

Rita Road

Southwood Flats

Total Monthly Price
Augusta Park Estates

Total Monthly Price
The Alma

Huntington Hills Apartments & Townhomes

Total Monthly Price
320 E Hickory St, Unit 1, Unit 1

Total Monthly Price
Legacy Park Estates
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Dublin Road Townhomes

Ohana Apartments

Village Place Flats

Cedar Meadow Apartments

Riverfront Court

Cardinal Creek Apartments

404 S 4th St

River Bluff Suites
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.

326 E Washington St

325 E Washington St

107 S 5th St

442 Belgrade Ave

Village Court Apartments

Commerce Apartments

Total Monthly Price
Hoover Estates

Total Monthly Price
408 W Wheeler Ave, Unit Upstairs Unit, Unit Upstairs Unit
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

The Forde
Washington Park, Mankato, MN Local Guide

How much does it cost to rent an apartment in Washington Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Washington Park Studio Apartments | $1,071 | $750 | $1,315 |
| Washington Park 1 Bedroom Apartments | $1,325 | $800 | $2,120 |
| Washington Park 2 Bedroom Apartments | $1,497 | $925 | $2,370 |
| Washington Park 3 Bedroom Apartments | $1,793 | $1,200 | $2,794 |
| Washington Park 4 Bedroom Apartments | $1,910 | $1,600 | $2,250 |
Browse Apartments in this Neighborhood
There are currently 41 rentals with your search options within a 2 mile radius of the Washington Park Neighborhood of Mankato, MN.
See all Apartments in MankatoExplore Mankato
Washington Park, Mankato, MN Local Guide
- Nearby Mankato neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Washington Park Apartments for Rent
 The cheapest available apartment rental in the Washington Park area of Mankato, MN is a 1 Bed unit found at 442 Belgrade Ave priced from $835. Glenwood Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here are the most affordable Washington Park apartments for rent in Mankato, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $835 |
| Glenwood Terrace | 1 BR/1 BA | 1BR,1BA | $880 |
| Village Place Apartments of Mankato | One Bedroom | 1BR,1BA | $900 |
| Village Court Apartments | 1 Bed, 1 Bath (original) | 1BR,1BA | $928 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $995 |
| Valley View Apartments | Two Bedroom | 2BR,1BA | $1,000 |
| Commerce Apartments | Two Bedroom | 2BR,1BA | $1,000 |
| Hoover Estates | 2/1 | 2BR,1BA | $1,065 |
Best Value Apartments for Rent in Washington Park, MN
As of May 20, 2026 the best value apartment in the Washington Park 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 Washington Park apartment is the Two Bedroom One Half Bathroom Model at Sibley Village Townhomes starting at $1,575 with a $1.16 price per square foot in the University neighborhood. Here is today’s list of the best values for Washington Park 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 |
| Sibley Village Townhomes | Two Bedroom One Half Bathroom | 2BR,1.5BA | $1.16 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Market | 3BR,1.5BA | $1.20 |
| 313 E Rock St, Unit 2 | 313 E Rock St | 2BR,1BA | $1.25 |
| 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 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $1.21 |
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $1.04 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.92 |
| Village Place Apartments of Mankato | One Bedroom | 1BR,1BA | $1.27 |
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.
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.
Read ArticleQuick 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.
Pet Friendly LifestyleWashington Park, Mankato, MN
Ranked #3
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Washington Park Apartments
What is the price of a cheap apartment in Washington Park?
The cheapest apartment in Washington Park is 442 Belgrade Ave which is listed at $835, while the average apartment in Washington Park costs $2,135.
What types of apartments are the cheapest in Washington Park?
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 21 regular apartments in Washington Park 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 Washington Park?
Cheap apartments in Washington Park have an average cost of $584 which is $1,551 cheaper than the average rent for all rentals in Washington Park.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.