
Cheap Apartments for Rent in North Mankato, MN from $400 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in North Mankato.


Commerce Apartments

Village Court Apartments

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Hoover Estates

209 1/2 Cross Street

418 Allan Ave

Lewis Lofts

Highland Hills Apartments
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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505 S 4th St, Unit 3

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221 State St, Unit 2

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324 Mound Ave, Unit 324

Glenwood Terrace

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107 E Liberty St, Unit 1

Valley View Apartments

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717 N 2nd St, Unit 4

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157 E Welcome Ave, Unit 1
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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329 N Riverfront Dr, Unit 1

329 N Riverfront Dr

Cherry Square

301 N Riverfront Dr

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404 James Ave, Unit 101

Gray Hawk Apartments

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612 N 4th St, Unit 1

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608 N 4th St, Unit 1
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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149 E Welcome Ave, Unit 4

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River Bluff Apartments

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429 State St, Unit 203

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Norland Apartments
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.

325 E Washington St
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

How much does it cost to rent an apartment in North Mankato?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap North Mankato Studio Apartments | $750 | $750 | $750 |
| Cheap North Mankato 1 Bedroom Apartments | $1,370 | $451 | $2,146 |
| Cheap North Mankato 2 Bedroom Apartments | $1,619 | $538 | $2,396 |
| Cheap North Mankato 3 Bedroom Apartments | $2,178 | $885 | $2,830 |
| Cheap North Mankato 4 Bedroom Apartments | $1,733 | $1,529 | $1,880 |
Browse Top Apartments in North Mankato
See all Apartments in North MankatoExplore North Mankato
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 $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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highland Hills Apartments | Elm Tree Court | 1BR,1BA | $800 |
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $835 |
| Sinclair Flats | 2 Bedroom | 2BR,1BA | $839 |
| Cherry Square | 1 Bedroom | 1BR,1BA | $995 |
| Knollcrest | Two Bedroom | 2BR,1BA | $995 |
| Valley View Apartments | Two Bedroom | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 442 Belgrade Ave | Three Bedroom | 3BR,2BA | $0.94 |
| Sibley Village Townhomes | Three Bedroom One Half Bathroom | 3BR,1.5BA | $1.16 |
| 1104 N 5th St, Unit 3 Bed | 1104 N 5th St | 3BR,1BA | $1.08 |
| 2108 Arlington Trl, Unit 4 | 2108 Arlington Trl | 2BR,1BA | $1.16 |
| Norland Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.00 |
| 119 S 6th St, Unit 1 | 119 S 6th St | 2BR,1BA | $1.20 |
| 605 E Main St, Unit 1 | 605 E Main St | 2BR,1BA | $1.15 |
| Knollcrest | Two Bedroom | 2BR,1BA | $1.11 |
| 612 N 4th St, Unit 1 | 612 N 4th St | 2BR,1BA | $1.21 |
| 324 Mound Ave, Unit 324 | 324 Mound Ave | 1BR,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 ArticleThe 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 ArticleCash 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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore North Mankato, MN Rentals by Map
See the most popular apartments and homes in North Mankato, MN
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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!










