Cheap Homes for Rent in North Mankato, MN from $800 (9 Rentals)

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

property at 418 Allan Ave

418 Allan Ave

North MankatoMN56003
property at 114 Lynn Ln

114 Lynn Ln

MankatoMN56001
property at 121 Lynn Ln

121 Lynn Ln

MankatoMN56001
property at 103 Maple Dr

103 Maple Dr

MankatoMN56001
property at 622 N Broad St

622 N Broad St

MankatoMN56001
property at 1715 Northway Dr

1715 Northway Dr

North MankatoMN56003
property at 314 E Hickory St

314 E Hickory St

MankatoMN56001

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 Cherry Square in the University neighborhood priced from $995. Knollcrest in the University 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 ListingModel NameBed/BathPriced From
Cherry Square1 Bedroom1BR,1BA$995
Knollcrest2 bed2BR,1BA$995
Rita Road2 Bed 1 Bath2BR,1BA$1,000

Best Value Apartments for Rent in North Mankato, MN

As of November 12, 2025 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 1104 N 5th St Model at 1104 N 5th St, Unit 3 Bed starting at $1,350 with a $1.08 price per square foot in the City Center Mankato 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
1104 N 5th St, Unit 3 Bed1104 N 5th St3BR,1BA$1.08
2108 Arlington Trl, Unit 42108 Arlington Trl2BR,1BA$1.16
1026 N 2nd St, Unit Upper Unit1026 N 2nd St2BR,1BA$1.10
The Edge ApartmentsTwo Bedroom2BR,1BA$1.28
Knollcrest2 bed2BR,1BA$1.11
Rita Road2 Bed 1 Bath2BR,1BA$1.18
Village Court Apartments2 Bed, 1 Bath (renovated)2BR,1BA$1.30
Gray Hawk ApartmentsMedium Two Bedroom2BR,1BA$1.30
112 S 5th St, Unit Upper112 S 5th St1BR,1BA$1.14

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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 107 Apartments for Rent in North Mankato, MN with pricing that ranges from $745 to $2,970. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Mankato ranging from $895 to $3,050.

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 $895 to $3,050 with an average monthly rent of $2,009.

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 $885 to $2,830, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,785. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,279.

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.

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! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.