Cheap Apartments for Rent in North Mankato, MN from $400 (40 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in North Mankato.

close
View Me
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
property at 209 Cross St

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Home for Rent

Available Now

209 1/2 Cross Street

209 Cross St
North MankatoMN56003
property at 418 Allan Ave

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1 Bath Condo for Rent

Available Now

418 Allan Ave

North MankatoMN56003

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.

close
View Me
107 E Liberty St, Unit 1
$895
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895
1 Bedroom Apartment Available Now

107 E Liberty St, Unit 1

107 E Liberty StMankato, MN 56001
Affordability
  • Smoke Free

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 329 N Riverfront Dr

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

1 Bedroom, 1 Bath Home for Rent

Available Feb 1

329 N Riverfront Dr

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.

close
View Me
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

149 E Welcome Ave, Unit 4

149 E Welcome AveMankato, MN 56001
Affordability
  • Smoke Free
close
View Me
River Bluff Apartments
Rent Specials
$1,081 - $1,511
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,070 - $1,500
Required Monthly Fees
$11

Total Monthly Price
$1,081 - $1,511
1 to 3 Bedroom Apartments Available Now

River Bluff Apartments

405 N 5th StMankato, MN 56001
Outdoors
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Norland Apartments
$1,100
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100
2 Bedroom Apartments Available Now

Norland Apartments

610-620 Reed StMankato, MN 56001
Cost Per Sq.Ft.
  • Verified
  • Utilities Included
  • Smoke Free
close
View Me
404 S 4th St
Studio to 2 Bedroom Apartments

404 S 4th St

404 S 4th StMankato, MN 56001
  • Utilities Included
close
View Me
Parkway
1 to 2 Bedroom Apartments

Parkway

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

River Bluff Suites

123 N 4th StMankato, MN 56001
  • Utilities Included
close
View Me
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.

close
View Me
The Preserve Apartments
1 to 3 Bedroom Apartments

The Preserve Apartments

240 Jaycee CtMankato, MN 56001
Student Housing
  • Utilities Included
close
View Me
Knollcrest
2 Bedroom Apartments

Knollcrest

120-122 Knollcrest DrMankato, MN 56001
  • Utilities Included
close
View Me
Rita Road
2 Bedroom Apartments

Rita Road

188-192 Rita RdMankato, MN 56001
Student Housing
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
close
View Me
107 S 5th St
Studio to 2 Bedroom Apartments

107 S 5th St

107 S 5th StMankato, MN 56001
close
View Me
Echo Rivers
1 to 2 Bedroom Apartments

Echo Rivers

115 Echo StMankato, MN 56001
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

North Mankato, MN Local Guide

Cheapest Available North Mankato Apartments for Rent

 

The cheapest available apartment rental in North Mankato, MN is a 1 Bed unit found at Highland Hills Apartments in the University neighborhood priced from $800. 442 Belgrade Ave in the City Center Mankato neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $835. Here is today’s list of the most affordable North Mankato apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Highland Hills ApartmentsElm Tree Court1BR,1BA$800
442 Belgrade AveOne Bedroom1BR,1BA$835
Sinclair Flats2 Bedroom2BR,1BA$839
Cherry Square1 Bedroom1BR,1BA$995
KnollcrestTwo Bedroom2BR,1BA$995
Valley View ApartmentsTwo Bedroom2BR,1BA$1,000

Best Value Apartments for Rent in North Mankato, MN

As of January 03, 2026 the best value apartment in the North Mankato area is the $0.94 price per square foot Three Bedroom Model at 442 Belgrade Ave in the in the City Center Mankato neighborhood starting from $1,500. The second greatest value North Mankato apartment is the Three Bedroom One Half Bathroom Model at Sibley Village Townhomes starting at $1,795 with a $1.16 price per square foot in the University neighborhood. Here is today’s list of the best values for North Mankato apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
442 Belgrade AveThree Bedroom3BR,2BA$0.94
Sibley Village TownhomesThree Bedroom One Half Bathroom3BR,1.5BA$1.16
1104 N 5th St, Unit 3 Bed1104 N 5th St3BR,1BA$1.08
2108 Arlington Trl, Unit 42108 Arlington Trl2BR,1BA$1.16
Norland Apartments2 Beds, 1 bath2BR,1BA$1.00
119 S 6th St, Unit 1119 S 6th St2BR,1BA$1.20
605 E Main St, Unit 1605 E Main St2BR,1BA$1.15
KnollcrestTwo Bedroom2BR,1BA$1.11
612 N 4th St, Unit 1612 N 4th St2BR,1BA$1.21
324 Mound Ave, Unit 324324 Mound Ave1BR,1BA$1.21

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore North Mankato, MN Rentals by Map

View Map
North Mankato, MN Apartments Map
View Map
North Mankato, MN Rental Homes Map

Frequently Asked Questions about Cheap North Mankato Apartments

How much is rent for a Cheap One Bedroom North Mankato Apartment?

The lowest price for a Cheap One Bedroom North Mankato Apartment is $800 at Highland Hills Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in North Mankato is starting from $839 at Sinclair Flats.

What is the most affordable North Mankato Three Bedroom Apartment?

The best deal on a cheap North Mankato Three Bedroom Apartment rental is at Highland Hills Apartments and starts from $885.

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 How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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!