207 E 4th St
Albert LeaMN56007
Cheap Homes for Rent in Pemberton, MN from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Pemberton.
305 S Broadway St
New UlmMN56073
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.
325 E Washington St
MankatoMN56001
240 E Rice St
OwatonnaMN55060
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.
815 N 4th St
MankatoMN56001
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Pemberton, MN Local Guide
Road through Fall Colors by Tony Webster is licensed under CC BY 2.0
How much does it cost to rent a home in Pemberton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pemberton 2 Bedroom Homes for Rent | $1,558 | $1,025 | $2,010 |
| Pemberton 3 Bedroom Homes for Rent | $1,634 | $1,150 | $2,395 |
| Pemberton 4 Bedroom Homes for Rent | $2,069 | $1,324 | $2,995 |
| Pemberton 5 Bedroom Homes for Rent | $1,972 | $1,695 | $2,250 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Pemberton, MN Local Guide
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Cheapest Available Pemberton Apartments for Rent and Nearby
The cheapest available apartment rental in Pemberton, MN is a 1 Bed unit found at F and H Apartments priced from $825. Lewis Lofts in the University neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $855. Here is today’s list of the most affordable Pemberton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| F and H Apartments | 1 Bed, 1 bath | 1BR,1BA | $825 |
| Lewis Lofts | 1a1t | 1BR,1BA | $855 |
| Village Place Apartments of Mankato | One Bedroom | 1BR,1BA | $900 |
Best Value Apartments for Rent in Pemberton, MN and Nearby
As of June 14, 2026 the best value apartment in the Pemberton area is the $1.13 price per square foot Fox Run Townhomes Model at Fox Run Townhomes in the in the City Center Mankato neighborhood starting from $1,995. The second greatest value Pemberton apartment is the Two Bedroom One Half Bathroom Model at Sibley Village Townhomes starting at $1,575 with a $1.16 price per square foot in the University neighborhood. Here is today’s list of the best values for Pemberton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fox Run Townhomes | Fox Run Townhomes | 2BR,2.5BA | $1.13 |
| Sibley Village Townhomes | Two Bedroom One Half Bathroom | 2BR,1.5BA | $1.16 |
| Tartan Glen | 2 Bedroom 1 Bath | 2BR,1BA | $1.22 |
| Autumn Wind Townhomes | Three Bedroom | 3BR,1.5BA | $1.27 |
| South Pointe Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.30 |
| Pfau Reed Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.00 |
| Huntington Hills Apartments & Townhomes | 2 Bedroom Apartment | 2BR,1BA | $1.37 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $1.21 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.92 |
| Village Place Apartments of Mankato | One Bedroom | 1BR,1BA | $1.27 |
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 Article
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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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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Frequently Asked Questions about Pemberton
What type of rentals are currently available in Pemberton?
There are currently 70 Apartments for Rent in Pemberton, MN with pricing that ranges from $685 to $2,794. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pemberton ranging from $875 to $2,995.
What is the current price range for Rental Homes in Pemberton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Pemberton ranges from $875 to $2,995 with an average monthly rent of $1,558.
How much are larger Three and Four Bedroom Rentals in Pemberton?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Pemberton range from $925 to $2,794, 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 $1,324 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
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.