
Cheap Homes for Rent in North Mankato, MN from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in North Mankato.


323 Warren St, Unit 3

301 N Riverfront Dr, Unit 304

222 1/2 W 6th St.
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1711 Northway Dr

409 Sherman St, Unit 409 Sherman

212 Alta Dr

325 E Washington St
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.
North Mankato, MN Local Guide

How much does it cost to rent a home in North Mankato?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Mankato 2 Bedroom Homes for Rent | $1,387 | $995 | $1,995 |
| North Mankato 3 Bedroom Homes for Rent | $1,773 | $1,150 | $2,395 |
| North Mankato 4 Bedroom Homes for Rent | $2,274 | $1,500 | $2,995 |
| North Mankato 5 Bedroom Homes for Rent | $2,066 | $2,000 | $2,200 |
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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 Village Court Apartments in the North Mankato neighborhood priced from $928. 442 Belgrade Ave in the North Mankato neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here is today’s list of the most affordable North Mankato apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village Court Apartments | 1 Bed, 1 Bath (original) | 1BR,1BA | $928 |
| 442 Belgrade Ave | Two Bedroom | 2BR,1BA | $995 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $995 |
Best Value Apartments for Rent in North Mankato, MN
As of July 25, 2026 the best value apartment in the North Mankato area is the $0.83 price per square foot 909 S Front St Model at 909 S Front St, Unit 3 in the in the University neighborhood starting from $990. The second greatest value North Mankato apartment is the 2 Beds, 1 bath Model at Pfau Reed Apartments starting at $1,120 with a $1.02 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. |
|---|---|---|---|
| 909 S Front St, Unit 3 | 909 S Front St | 3BR,1BA | $0.83 |
| Pfau Reed Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.02 |
| Riverfront Court | Three Bedroom Two Bath | 3BR,2BA | $1.36 |
| 125 N Broad St, Unit 125 N Broad St Apt 1 | 125 N Broad St | 1BR,1BA | $0.95 |
| The Edge Apartments | Two Bedroom | 2BR,1BA | $1.30 |
| Sinclair Flats | 2 Bedroom | 2BR,1BA | $1.09 |
| 442 Belgrade Ave | Two Bedroom | 2BR,1BA | $1.12 |
| Wesley Place | Wesley Place - 8 | 2BR,1BA | $1.17 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $1.21 |
| Commerce Apartments | Two Bedroom | 2BR,1BA | $1.36 |
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 ArticleReal 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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about North Mankato
What type of rentals are currently available in North Mankato?
There are currently 114 Apartments for Rent in North Mankato, MN with pricing that ranges from $775 to $2,350. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Mankato ranging from $750 to $2,995.
What is the current price range for Rental Homes in North Mankato?
Today's rental pricing for Homes for Rent, Condos and Townhomes in North Mankato ranges from $750 to $2,995 with an average monthly rent of $1,699.
How much are larger Three and Four Bedroom Rentals in North Mankato?
For those who are looking for larger living arrangements, Three Bedroom Apartments in North Mankato range from $990 to $2,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,395. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,780.
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

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.