Cheap Apartments for Rent in the Washington Park Neighborhood of Mankato, MN from $400 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Washington Park area of Mankato.

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930 N 5th St, Unit 3
$750
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750
1 Bedroom Apartment Available Jan 1, 2026

930 N 5th St, Unit 3

930 N 5th StMankato, MN 56001
Cost Per Sq.Ft.
  • Smoke Free
property at 204 N 5th St

204 N 5th St

MankatoMN56001

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107 E Liberty St, Unit 1
$915
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$915

Total Monthly Price
$915
1 Bedroom Apartment Available Jan 1, 2026

107 E Liberty St, Unit 1

107 E Liberty StMankato, MN 56001
Affordability
  • Smoke Free
property at 329 N Riverfront Dr

329 N Riverfront Dr

MankatoMN56001

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.

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149 E Welcome Ave, Unit 4
$1,050
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050
2 Bedroom Apartment Available Aug 1, 2026

149 E Welcome Ave, Unit 4

149 E Welcome AveMankato, MN 56001
Affordability
  • Smoke Free
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River Bluff Apartments
Rent Specials
$1,096 - $1,311
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,085 - $1,300
Required Monthly Fees
$11

Total Monthly Price
$1,096 - $1,311
1 to 3 Bedroom Apartments Available Now

River Bluff Apartments

405 N 5th StMankato, MN 56001
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404 S 4th St
Studio to 2 Bedroom Apartments

404 S 4th St

404 S 4th StMankato, MN 56001
  • Utilities Included

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River Bluff Suites
Studio to 2 Bedroom Apartments

River Bluff Suites

123 N 4th StMankato, MN 56001
  • Utilities Included
property at 325 E Washington St

325 E Washington St

MankatoMN56001
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107 S 5th St
Studio to 2 Bedroom Apartments

107 S 5th St

107 S 5th StMankato, MN 56001

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.

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Hoover Estates
$1,065
Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Required Monthly Fees
$15

Total Monthly Price
$1,065
2 Bedroom Apartments Contact Us For Availability

Hoover Estates

1866 Lee BlvdNorth Mankato, MN 56003
  • Verified
  • Utilities Included
  • Low Income

Washington Park, Mankato, MN Local Guide

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 Village Place Apartments priced from $975. Cherry Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Washington Park apartments for rent in Mankato, MN:

Apartment ListingModel NameBed/BathPriced From
Village Place Apartments1 Bedroom Large W/Den1BR,1BA$975
Cherry Square1 Bedroom1BR,1BA$995
Valley View ApartmentsTwo Bedroom2BR,1BA$1,000
Village Court Apartments2 Bed, 1 Bath (renovated)2BR,1BA$1,099
Riverfront CourtTwo Bedroom/ One Bathroom w Balcony2BR,1BA$1,120
Southwood Flats1 Bed, 1 Bath (remodeled)1BR,1BA$1,174
Huntington Hills Apartments & TownhomesLarge 2BR2BR,1BA$1,200

Best Value Apartments for Rent in Washington Park, MN

As of December 12, 2025 the best value apartment in the Washington Park area is the $1.19 price per square foot Fox Run Townhomes 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 Three Bedroom Model at 442 Belgrade Ave starting at $1,500 with a $0.94 price per square foot in the City Center Mankato neighborhood. Here is today’s list of the best values for Washington Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fox Run TownhomesFox Run Townhomes3BR,2.5BA$1.19
442 Belgrade AveThree Bedroom3BR,2BA$0.94
Wolf Point TownhomesThree Bedroom3BR,2.5BA$1.23
Dublin Road Townhomes3 Bedroom 1.5 Bath Market3BR,1.5BA$1.14
1104 N 5th St, Unit 3 Bed1104 N 5th St3BR,1BA$1.08
Riverfront CourtThree Bedroom Two Bath3BR,2BA$1.36
The Edge ApartmentsTwo Bedroom2BR,1BA$1.28
608 N 4th St, Unit 1608 N 4th St2BR,1BA$1.24
Bunting Lane ApartmentsIndividual Roommates Included!2BR,2BA$0.92
Village Place Apartments1 Bedroom Large W/Den1BR,1BA$1.37

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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Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Pet Friendly Lifestyle
Washington Park, Mankato, MN

Ranked #4

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Washington Park Neighborhood in Mankato, MN

Walk Score®

81 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

58 / 100

Bikeable

Some bike infrastructure

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 Village Place Apartments which is listed at $975, 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 17 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 $645 which is $1,490 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

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.