Cheap Apartments for Rent in North Mankato, MN from $724 (49 Rentals)

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

property at 914 Lyndale St
$724

Total Monthly Price

Base Rent$724

Total Monthly Price$724
1 Bedroom, 1 Bath Home for Rent
Available Nov 2

914 Lyndale St

North MankatoMN56003
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property at 315 Belgrade Ave
$860

Total Monthly Price

Base Rent$860

Total Monthly Price$860
12 Month Lease Term
1 Bedroom, 1 Bath Home for Rent
Available Now

315 Belgrade Ave, Unit 3

315 Belgrade Ave
North MankatoMN56003
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property at 630 Lyndale St
$895 - $960

Total Monthly Price

Base Rent$895

Total Monthly Price$895
2 Bedroom Rentals
Available Now

630 Lyndale St

North MankatoMN56003
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Hoover Estates
$918 - $1,218

Total Monthly Price

Base Rent$895 - $1,195
Required Monthly Fees$23

Total Monthly Price$918 - $1,218
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Hoover Estates

1866 Lee BlvdNorth Mankato, MN 56003
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property at 423 Nicollet Ave
$975

Total Monthly Price

Base Rent$975

Total Monthly Price$975
1 Bedroom, 1 Bath Home for Rent
Available Sep 28

423 Nicollet Ave

North MankatoMN56003

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property at 409 Sherman St
$1,000

Total Monthly Price

Base Rent$1,000

Total Monthly Price$1,000
12 Month Lease Term
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

409 Sherman St, Unit 409 Sherman

409 Sherman St
North MankatoMN56003
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Village Court Apartments
$1,028 - $1,128

Total Monthly Price

Base Rent$1,028 - $1,128

Total Monthly Price$1,028 - $1,128
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Village Court Apartments

1620 Village CtNorth Mankato, MN 56003
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  • Customer Reviewed
  • Utilities Included
property at 325.5 McKinley Ave
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
2 Bedroom, 1 Bath Home for Rent
Available Now

325.5 McKinley Ave

North MankatoMN56003
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Highland Hills Apartments
Rent Specials
$295 - $1,980

Total Monthly Price

Base Rent$295 - $1,980

Total Monthly Price$295 - $1,980
12 Month Lease Term
Studio to 5 Bedroom Apartments Available Now

Highland Hills Apartments

1340 Warren StMankato, MN 56001
Active Lifestyle
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  • Customer Reviewed
  • Utilities Included
property at 335 Bradley St
$750

Total Monthly Price

Base Rent$750

Total Monthly Price$750
12 Month Lease Term
1 Bedroom, 1.5 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

335 Bradley St, Unit Left Side

335 Bradley St
MankatoMN56001
property at 322 E Walnut St
$774

Total Monthly Price

Base Rent$774

Total Monthly Price$774
1 Bedroom, 1 Bath Home for Rent
Available Oct 9
Affordability

322 E Walnut St

MankatoMN56001
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315 E Walnut St, Unit #2
$800

Total Monthly Price

Base Rent$800

Total Monthly Price$800
6 Month Lease Term
1 Bedroom Apartment Available Now

315 E Walnut St, Unit #2

315 E Walnut StMankato, MN 56001
Cost Per Sq.Ft.
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 107 E Liberty St
$850

Total Monthly Price

Base Rent$850

Total Monthly Price$850
1 Bedroom Rentals
Available Now
Affordability

107 E Liberty St

MankatoMN56001
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Glenwood Terrace
$880 - $985

Total Monthly Price

Base Rent$880 - $985

Total Monthly Price$880 - $985
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Glenwood Terrace

107-115 Parkway AveMankato, MN 56001
Active Lifestyle
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  • Customer Reviewed
  • Utilities Included
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Valley View Apartments
$900 - $1,000

Total Monthly Price

Base Rent$900 - $1,000

Total Monthly Price$900 - $1,000
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Valley View Apartments

450-470 James AveMankato, MN 56001
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  • Utilities Included
property at 100 Glenwood Ave
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
Studio, 1 Bath Home for Rent
Available Now

100 Glenwood Ave

MankatoMN56001
property at 226 Bradley St
$950

Total Monthly Price

Base Rent$950

Total Monthly Price$950
12 Month Lease Term
2 Bedroom, 2 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

226 Bradley St

MankatoMN56001
property at 525 S Broad St
$960

Total Monthly Price

Base Rent$960

Total Monthly Price$960
2 Bedroom, 1 Bath Home for Rent
Available Now

525 S Broad St

MankatoMN56001
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River Bluff Apartments
Rent Specials
$980 - $1,517

Total Monthly Price

Base Rent$950 - $1,487
Required Monthly Fees$30

Total Monthly Price$980 - $1,517
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

River Bluff Apartments

405 N 5th StMankato, MN 56001
Outdoors
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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930 N 5th St, Unit 2
$1,000

Total Monthly Price

Base Rent$1,000

Total Monthly Price$1,000
12 Month Lease Term
2 Bedroom Apartment Available Oct 1

930 N 5th St, Unit 2

930 N 5th StMankato, MN 56001
Cost Per Sq.Ft.
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Southwood Flats
$1,004 - $1,204

Total Monthly Price

Base Rent$1,004 - $1,204

Total Monthly Price$1,004 - $1,204
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Southwood Flats

520 James AveMankato, MN 56001
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  • Utilities Included
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property at 224 Carroll St
$1,024

Total Monthly Price

Base Rent$1,024

Total Monthly Price$1,024
2 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

224 Carroll St

MankatoMN56001
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The Grove at Mankato
Rent Specials
$1,036 - $1,895

Total Monthly Price

Base Rent$940 - $1,799
Required Monthly Fees$96

Total Monthly Price$1,036 - $1,895
11 Month Lease Term
1 to 3 Bedroom Apartments Available Now

The Grove at Mankato

200 Briargate RdMankato, MN 56001
Student Housing
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  • Customer Reviewed
  • 3D Tour
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Gray Hawk Apartments
$1,045 - $1,125

Total Monthly Price

Base Rent$1,045 - $1,125

Total Monthly Price$1,045 - $1,125
12 Month Lease Term
2 Bedroom Apartments Contact Us For Availability

Gray Hawk Apartments

160-180 Homestead RdMankato, MN 56001
Family Friendly
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  • Customer Reviewed
  • Utilities Included
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The Edge Apartments
Rent Specials
$1,080 - $1,330

Total Monthly Price

Base Rent$1,050 - $1,300
Required Monthly Fees$30

Total Monthly Price$1,080 - $1,330
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

The Edge Apartments

1902 Warren StMankato, MN 56001
Outdoors
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  • Utilities Included
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Lewis Lofts
1 to 2 Bedroom Apartments

Lewis Lofts

209 Dewey StMankato, MN 56001
Senior Living
  • Utilities Included

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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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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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
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The Preserve Apartments
1 to 3 Bedroom Apartments

The Preserve Apartments

240 Jaycee CtMankato, MN 56001
Student Housing
  • Utilities Included
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Parkway Apartments
1 to 2 Bedroom Apartments

Parkway Apartments

101-103 Parkway AveMankato, MN 56001
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Knollcrest
2 Bedroom Apartments

Knollcrest

120-122 Knollcrest DrMankato, MN 56001
  • Utilities Included
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Wesley Place
1 to 3 Bedroom Apartments

Wesley Place

319 E Washington StMankato, MN 56001
  • Utilities Included
property at 815 N 4th St
$1,095

Total Monthly Price

Base Rent$1,095

Total Monthly Price$1,095
3 Bedroom, 1 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

815 N 4th St

MankatoMN56001

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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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Echo Rivers
1 to 2 Bedroom Apartments

Echo Rivers

115 Echo StMankato, MN 56001
  • Utilities Included
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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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Rita Road
2 Bedroom Apartments

Rita Road

188-192 Rita RdMankato, MN 56001
Student Housing
property at 606 S Main St
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
12 Month Lease Term
3 Bedroom, 1 Bath Home for Rent
Available Now

606 S Main St

Blue EarthMN56013

North Mankato, MN Local Guide

Cheapest Available North Mankato Apartments for Rent

 

The cheapest available apartment rental in North Mankato, MN is a 5 Beds unit found at Highland Hills Apartments in the University neighborhood priced from $295. Colony Court Apartments in the North Mankato neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable North Mankato apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Highland Hills ApartmentsHighland East B5BR,2BA$295
Colony Court ApartmentsMNCCT 1x1 627sqft1BR,1BA$750
Hoover EstatesEfficient One Bedroom Apartment Home1BR,1BA$918
Parkway Apartments1 Bed, 1 Bath1BR,1BA$974
Glenwood Terrace2 BR/ 1 BA2BR,1BA$985
Key City Group, LLC (BT)2BR/1.0BA2BR,1BA$995
Valley View ApartmentsTwo Bedroom2BR,1BA$1,000
Commerce ApartmentsTwo Bedroom2BR,1BA$1,000

Best Value Apartments for Rent in North Mankato, MN

As of September 15, 2026 the best value apartment in the North Mankato area is the $1.18 price per square foot 5 Bedroom Townhome Model at Huntington Hills Apartments & Townhomes in the in the University neighborhood starting from $2,300. The second greatest value North Mankato apartment is the 101 S Broad St Model at 101 S Broad St, Unit 1 starting at $1,200 with a $0.80 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.
Huntington Hills Apartments & Townhomes5 Bedroom Townhome5BR,2BA$1.18
101 S Broad St, Unit 1101 S Broad St2BR,1BA$0.80
120 Locust St, Unit 7 Lower120 Locust St3BR,2BA$0.88
200 E Elm St, Unit Apt.2200 E Elm St1BR,1BA$0.63
2108 Arlington Trl, Unit 42108 Arlington Trl2BR,1BA$1.16
Sinclair Flats2 Bedroom2BR,1BA$1.09
Key City Group, LLC (BT)2BR/1.0BA2BR,1BA$1.12
Wesley PlaceWesley Place - 82BR,1BA$1.17
Glenwood Terrace2 BR/ 1 BA2BR,1BA$1.19
315 E Walnut St, Unit #2315 E Walnut St1BR,1BA$1.00

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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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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 North Mankato, MN Rentals by Map

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Frequently Asked Questions about Cheap North Mankato Apartments

What is the Cheapest Studio apartment in North Mankato?

Currently the most affordable Cheap Studio Apartment in North Mankato is at Highland Hills Apartments listed at $750.

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

The lowest price for a Cheap One Bedroom North Mankato Apartment is $750 at Colony Court 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 $875 at Colony Court Apartments.

What is the most affordable North Mankato Three Bedroom Apartment?

The best deal on a cheap North Mankato Three Bedroom Apartment rental is at Hoover Estates and starts from $1,218.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.