Cheap Homes for Rent in North Mankato, MN from $900 (15 Rentals)

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

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.

property at 218 Van Brunt St

218 Van Brunt St

MankatoMN56001

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.

property at 327 E Walnut St

327 E Walnut St

MankatoMN56001
property at 709 Sherman St

709 Sherman St

North MankatoMN56003

The 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.

property at 960 N 3rd St

960 N 3rd St

St. PeterMN56082

North Mankato, MN Local Guide

Cheapest Available North Mankato Apartments for Rent

 

The cheapest available apartment rental in North Mankato, MN is a Studio unit found at Highland Hills Apartments in the University neighborhood priced from $750. Sinclair Flats in the University neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $838. Here is today’s list of the most affordable North Mankato apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Highland Hills ApartmentsStudioStudio,1BA$750
Sinclair Flats2 Bedroom2BR,1BA$838
Valley View ApartmentsOne Bedroom1BR,1BA$900
Glenwood Terrace2 BR/ 1 BA2BR,1BA$950
Knollcrest2 bed2BR,1BA$995

Best Value Apartments for Rent in North Mankato, MN

As of September 15, 2025 the best value apartment in the North Mankato area is the $0.95 price per square foot 2 bedrooms & 1 loft Model at Sibley Parkway Crossing in the in the University neighborhood starting from $1,900. The second greatest value North Mankato apartment is the Tax Credit Model at Cherry Ridge Apartments starting at $1,285 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Sibley Parkway Crossing2 bedrooms & 1 loft2BR,2.5BA$0.95
Cherry Ridge ApartmentsTax Credit3BR,2BA$0.93
704 N 2nd St, Unit 1704 N 2nd St2BR,1BA$0.76
Sinclair Flats3 Bedroom3BR,2BA$1.28
Southwood Flats2 Bed, 1 Bath (remodeled)2BR,1BA$1.16
206 W 9th St, Unit Upper206 W 9th St2BR,1BA$1.19
1027 N Broad St, Unit Apt 31027 N Broad St1BR,1BA$0.80
Knollcrest2 bed2BR,1BA$1.11
Gray Hawk ApartmentsLarge Two Bedroom2BR,1BA$1.21
Glenwood Terrace2 BR/ 1 BA2BR,1BA$1.14

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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 101 Apartments for Rent in North Mankato, MN with pricing that ranges from $750 to $2,100. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Mankato ranging from $991 to $3,250.

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 $991 to $3,250 with an average monthly rent of $1,688.

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 $1,250 to $1,849, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $1,379.

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 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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.