
Cheap Apartments for Rent in North Mankato, MN from $500 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in North Mankato.


Village Court Apartments

314 Nicollet Ave, Unit Upstairs

1711 Northway Dr
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.

125 N Broad St, Unit 125 N Broad St Apt 2

Highland Hills Apartments

Glenwood Terrace
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.

921 N Riverfront Dr, Unit 2

1325 Fair Street, Unit #3

141 E Welcome Ave, Unit M Hanson Prop.

Huntington Hills Apartments & Townhomes
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.
North Mankato, MN Local Guide

How much does it cost to rent an apartment in North Mankato?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap North Mankato Studio Apartments | $1,100 | $1,100 | $1,100 |
Cheap North Mankato 1 Bedroom Apartments | $1,197 | $750 | $1,775 |
Cheap North Mankato 2 Bedroom Apartments | $1,406 | $875 | $3,725 |
Cheap North Mankato 3 Bedroom Apartments | $1,552 | $1,305 | $2,050 |
Cheap North Mankato 4 Bedroom Apartments | $1,435 | $595 | $1,880 |
Browse Top Apartments in North Mankato
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North Mankato, MN Local Guide
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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 $775. 442 Belgrade Ave in the City Center Mankato neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable North Mankato apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Highland Hills Apartments | Elm Tree Court | 1BR,1BA | $775 |
442 Belgrade Ave | One Bedroom | 1BR,1BA | $875 |
River Bluff Apartments | Two Bedroom | 2BR,1BA | $1,070 |
Village Court Apartments | 2 Bed, 1 Bath (renovated) | 2BR,1BA | $1,099 |
Riverfront Court | Two Bedroom/ One Bathroom w Balcony | 2BR,1BA | $1,120 |
Best Value Apartments for Rent in North Mankato, MN
As of June 25, 2025 the best value apartment in the North Mankato area is the $1.32 price per square foot 2BR/2.0BA Model at Bridge Plaza Apartments in the in the University neighborhood starting from $2,700. The second greatest value North Mankato apartment is the 220 State St Model at 220 State St, Unit #2 2nd Floor starting at $1,400 with a $0.93 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Bridge Plaza Apartments | 2BR/2.0BA | 2BR,2BA | $1.32 |
220 State St, Unit #2 2nd Floor | 220 State St | 3BR,1BA | $0.93 |
Riverfront Court | Three Bedroom Two Bath | 3BR,2BA | $1.36 |
The Edge Apartments | Two Bedroom | 2BR,1BA | $1.30 |
The Grove at Mankato | B2C | 3BR,2BA | $1.41 |
442 Belgrade Ave | Two Bedroom | 2BR,1BA | $1.13 |
Village Court Apartments | 2 Bed, 1 Bath (renovated) | 2BR,1BA | $1.30 |
Huntington Hills Apartments & Townhomes | 2 Bedroom Apartment | 2BR,1BA | $1.37 |
River Bluff Apartments | Two Bedroom | 2BR,1BA | $1.38 |
Southwood Flats | 1 Bed, 1 Bath (remodeled) | 1BR,1BA | $1.49 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around North Mankato, MN
Walk Score®
37 / 100
Car-Dependent
Most errands require a car
Bike Score®
45 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $775 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 $995 at 442 Belgrade Ave.
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 $1,329.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.