Cheap Apartments for Rent in the 56001 ZIP Code of Mankato, MN from $300 (108 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 56001 ZIP Code 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.
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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
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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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property at 329 N Riverfront Dr

329 N Riverfront Dr

MankatoMN56001
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Woodside Apartments
$1,070 - $1,690
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,055 - $1,675
Required Monthly Fees
$15
Total Monthly Price
$1,070 - $1,690
Studio to 3 Bedroom Apartments Available Now

Woodside Apartments

161-351 E Roosevelt CirMankato, MN 56001
Family Friendly
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  • Utilities Included
  • 3D Tour

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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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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Legacy Park Estates
Rent Specials
$1,234 - $1,534
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,495
Required Monthly Fees
$39
Total Monthly Price
$1,234 - $1,534
1 to 3 Bedroom Apartments Available Now

Legacy Park Estates

100 Dublin CtMankato, MN 56001
Pet Friendly
  • Verified
  • Utilities Included
  • 3D Tour

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.

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427 W Pleasant St, Unit 2
$1,260
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,260
Total Monthly Price
$1,260
3 Bedroom Apartment Available Aug 1, 2026

427 W Pleasant St, Unit 2

427 W Pleasant StMankato, MN 56001
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The Edge Apartments
Rent Specials
$1,261 - $1,311
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250 - $1,300
Required Monthly Fees
$11
Total Monthly Price
$1,261 - $1,311
1 to 2 Bedroom Apartments Available Now

The Edge Apartments

1902 Warren StMankato, MN 56001
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property at 216 Van Brunt St

216 Van Brunt St, Unit 216

216 Van Brunt St
MankatoMN56001
property at 225-229 State St

225-229 State St

MankatoMN56001

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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property at 314 E Hickory St

314 E Hickory St

MankatoMN56001
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Silos Apartments
$1,454 - $1,754
Total Monthly Price

Total Monthly Price

Base Rent
$1,399 - $1,699
Required Monthly Fees
$55
Total Monthly Price
$1,454 - $1,754
1 Bedroom Apartments Available Now

Silos Apartments

302 N 2nd StMankato, MN 56001
Eco-Friendly
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  • Customer Reviewed
  • 3D Tour
property at 129 Savannah S

129 Savannah S

MankatoMN56001
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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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Parkway
1 to 2 Bedroom Apartments

Parkway

101-103 Parkway AveMankato, MN 56001
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River Bluff Suites
Studio to 2 Bedroom Apartments

River Bluff Suites

123 N 4th StMankato, MN 56001
  • Utilities Included
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Sinclair Flats
1 to 3 Bedroom Apartments

Sinclair Flats

210 Dewey LnMankato, MN 56001

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Mankato, MN Local Guide

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

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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap the 56001 ZIP Code Apartments

What is the Cheapest Studio apartment in 56001?

Currently the most affordable Cheap Studio Apartment in 56001 is at 1439 6th Avenue listed at $1,025.

How much is rent for a Cheap One Bedroom 56001 Apartment?

The lowest price for a Cheap One Bedroom 56001 Apartment is $615 at Mary Lane Estates.

What is the lowest price for a Cheap Two Bedroom 56001 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 56001 is starting from $725 at Main Street Apartments.

What is the most affordable 56001 Three Bedroom Apartment?

The best deal on a cheap 56001 Three Bedroom Apartment rental is at Childers Crossing Apartments and starts from $838.

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

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

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.