Cheap Apartments for Rent in Nicollet, MN from $400 (57 Rentals)

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520 6th St
1 to 2 Bedroom Apartments

520 6th St

520 6th StNicollet, MN 56074

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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River Bluff Apartments
$1,011 - $1,611
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,000 - $1,600
Required Monthly Fees
$11

Total Monthly Price
$1,011 - $1,611
1 to 3 Bedroom Apartments Available Now

River Bluff Apartments

405 N 5th StMankato, MN 56001
Outdoors
  • Verified
  • Customer Reviewed
  • 3D Tour
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The Edge Apartments
$1,061 - $1,311
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050 - $1,300
Required Monthly Fees
$11

Total Monthly Price
$1,061 - $1,311
1 to 2 Bedroom Apartments Available May 8

The Edge Apartments

1902 Warren StMankato, MN 56001
Outdoors
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  • Customer Reviewed
  • Utilities Included
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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
55+ Active Adult
  • Verified
  • Utilities Included
  • Low Income
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Woodside Apartments
$1,090 - $1,690
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,075 - $1,675
Required Monthly Fees
$15

Total Monthly Price
$1,090 - $1,690
Studio to 3 Bedroom Apartments Available Now

Woodside Apartments

161-351 E Roosevelt CirMankato, MN 56001
Active Lifestyle
  • Verified
  • Utilities Included
  • 3D Tour

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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The Alma
$1,131
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,101
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

The Alma

105 E Walnut StMankato, MN 56001
Transit Friendly
  • Verified
  • Low Income
  • 3D Tour
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Augusta Park Estates
Rent Specials
$1,195 - $1,899
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $1,899

Total Monthly Price
$1,195 - $1,899
Studio to 2 Bedroom Apartments Available Now

Augusta Park Estates

1690 Premier DrMankato, MN 56001
Pet Friendly
  • Verified
  • Utilities Included
  • 3D Tour
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Legacy Park Estates
Rent Specials
$1,214 - $1,689
Total Monthly Price

Total Monthly Price

Base Rent
$1,175 - $1,650
Required Monthly Fees
$39

Total Monthly Price
$1,214 - $1,689
1 to 3 Bedroom Apartments Available Now

Legacy Park Estates

100 Dublin CtMankato, MN 56001
Pet Friendly
  • Verified
  • 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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Axis Lofts
$1,380 - $1,780
Total Monthly Price

Total Monthly Price

Base Rent
$1,345 - $1,745
Required Monthly Fees
$35

Total Monthly Price
$1,380 - $1,780
1 to 2 Bedroom Apartments Available Now

Axis Lofts

1247 Range StMankato, MN 56001
Furnished
  • Verified
  • Utilities Included
  • 3D Tour
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Pond View Heights Apartments
Rent Specials
$1,400 - $2,125
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400 - $2,125

Total Monthly Price
$1,400 - $2,125
1 to 3 Bedroom Apartments Available Now

Pond View Heights Apartments

1015 Hope StMankato, MN 56001
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
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Lewis Lofts
1 to 2 Bedroom Apartments

Lewis Lofts

209 Dewey StMankato, MN 56001
Senior Living
  • Utilities Included
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442 Belgrade Ave
1 to 3 Bedroom Apartments

442 Belgrade Ave

442 Belgrade AveNorth Mankato, MN 56003
  • Utilities Included
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Knollcrest
2 Bedroom Apartments

Knollcrest

120-122 Knollcrest DrMankato, MN 56001
  • Utilities Included

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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501 4th St
2 to 3 Bedroom Apartments

501 4th St

501 4th StCourtland, MN 56021
  • Utilities Included
property at 325 E Washington St

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

2 Bedroom, 1 Bath Condo for Rent

Available Now

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
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Pfau Reed Apartments
2 Bedroom Apartments

Pfau Reed Apartments

610-620 Reed StMankato, MN 56001
  • Utilities Included
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Northgate Townhomes
2 to 3 Bedroom Apartments

Northgate Townhomes

1010 Jace DrMankato, MN 56001
  • Utilities Included
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Dublin Heights
1 to 3 Bedroom Apartments

Dublin Heights

1010 Patriot CtMankato, MN 56001
  • Utilities Included
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Haughton Estates
2 Bedroom Apartments

Haughton Estates

1915 Haughton AveNorth Mankato, MN 56003
property at 103 Lincoln St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 1 Bath Condo for Rent

Available Jul 11

103 Lincoln St

MankatoMN56001
property at 960 N 3rd St

$1,315

Total Monthly Price

Total Monthly Price

Base Rent
$1,315

Total Monthly Price
$1,315

1 Bedroom, 1 Bath Condo for Rent

Available Now

960 N 3rd St

St. PeterMN56082

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.

Nicollet, MN Local Guide

Cheapest Available Nicollet Apartments for Rent and Nearby

 

The cheapest available apartment rental in Nicollet, MN is a 1 Bed unit found at Lewis Lofts in the University neighborhood priced from $465. Maplewood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. Here is today’s list of the most affordable Nicollet apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lewis Lofts1a1t1BR,1BA$465
Maplewood Apartments1 Bed, 1 bath1BR,1BA$830
Fairview Apartments1 Bedroom1BR,1BA$865
Glenwood Terrace1 BR/1 BA1BR,1BA$880
Le Sueur Apartments1 Bedroom1BR,1BA$895
Tiller+MainStudioStudio,1BA$900
Cherry Square1 Bedroom1BR,1BA$995
Valley View ApartmentsTwo Bedroom2BR,1BA$1,000
River Bluff ApartmentsOne Bedroom1BR,1BA$1,011
Village Court Apartments2 Bed, 1 Bath (original)2BR,1BA$1,028

Best Value Apartments for Rent in Nicollet, MN and Nearby

As of April 11, 2026 the best value apartment in the Nicollet 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 Nicollet apartment is the 3 Bedroom 1.5 Bath Market Model at Dublin Road Townhomes starting at $1,414 with a $1.11 price per square foot in the City Center Mankato neighborhood. Here is today’s list of the best values for Nicollet apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fox Run Townhomes3 bed 2.5 bath (Exterior)3BR,2.5BA$1.19
Dublin Road Townhomes3 Bedroom 1.5 Bath Market3BR,1.5BA$1.11
Vista View Townhomes3 Bedroom Townhouse3BR,1.5BA$1.08
Sleepy Eye Apartments Homes2 Bedroom 2 Bath2BR,2BA$1.28
Welco West2 Bedroom2BR,1BA$1.21
Rita Road2 Bed 1 Bath2BR,1BA$1.29
Bunting Lane ApartmentsIndividual Roommates Included!2BR,2BA$0.92
Maplewood Apartments1 Bed, 1 bath1BR,1BA$1.11
Fairview Apartments1 Bedroom1BR,1BA$1.32
Lewis Lofts1a1t1BR,1BA$0.75

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Explore Nicollet, MN Rentals by Map

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Frequently Asked Questions about Cheap Nicollet Apartments

What is the Cheapest Studio apartment in Nicollet?

Currently the most affordable Cheap Studio Apartment in Nicollet is at Tiller+Main listed at $900.

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

The lowest price for a Cheap One Bedroom Nicollet Apartment is $465 at Lewis Lofts.

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

Today's best deal for a Cheap Two Bedroom Apartment in Nicollet is starting from $1,000 at Valley View Apartments.

What is the most affordable Nicollet Three Bedroom Apartment?

The best deal on a cheap Nicollet Three Bedroom Apartment rental is at Vista View Townhomes and starts from $1,297.

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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.