What are the average rent costs in Mankato, MN?

The average rent in Mankato, MN is $1,164.

What are the average rent costs of a studio apartment in Mankato, MN?

The average rent for a studio apartment in Mankato, MN is $1,109.

What are the average rent costs of a one bedroom apartment in Mankato, MN?

The average rent for a 1 bedroom apartment in Mankato, MN is $1,164.

What are the average rent costs of a two bedroom apartment in Mankato, MN?

The average rent for a 2 bedroom apartment in Mankato, MN is $1,332.

What are the average rent costs of a three bedroom apartment in Mankato, MN?

The average rent for a 3 bedroom apartment in Mankato, MN is $1,637.

What are the average rent costs of a four bedroom apartment in Mankato, MN?

The average rent for a 4 bedroom apartment in Mankato, MN is $1,924.

Apartments under $1,000 for Rent in Mankato, MN

46 Rentals

Good Value

1 BED

$1,020

Total Monthly Price Total Monthly Price New
Base Rent$940 - $959
Required Monthly Fees$80
Total Monthly Price$1,020 - $1,039
- 11 Month Lease

The Grove at Mankato

200 Briargate Rd, Mankato, MN 56001

Call (507) 486-4446
Good Value

2 BEDS

$1,000

Total Monthly Price Total Monthly Price New
Base Rent$1,000
Required Monthly FeesNone
Total Monthly Price$1,000
- 12 Month Lease

Highland Hills Apartments

1340 Warren St, Mankato, MN 56001

Call (507) 607-5929
1 BED

$918

Total Monthly Price Total Monthly Price New
Base Rent$895
Required Monthly Fees$23
Total Monthly Price$918
- 12 Month Lease

Hoover Estates

1866 Lee Blvd, North Mankato, MN 56003

Call (507) 418-5298
Good Value

1 BED

$750+

2 BEDS

$875+

Plus Fees - 12 Month Lease

Colony Court Apartments

1621 Colony Ct, North Mankato, MN 56003

Call (507) 992-1164
Rent Special

Rent Special

1 BED

$980

Total Monthly Price Total Monthly Price New
Base Rent$950 - $1,082
Required Monthly Fees$30
Total Monthly Price$980 - $1,112
- 12 Month Lease

River Bluff Apartments

405 N 5th St, Mankato, MN 56001

Call (507) 646-2236
2 BEDS

$550

Total Monthly Price Total Monthly Price New
Base Rent$525 - $1,395
Required Monthly Fees$25
Total Monthly Price$550 - $1,420
- 12 Month Lease

Bunting Lane Apartments

311 Bunting Ln, Mankato, MN 56001

Call (855) 702-0580
1 BED

$900+

2 BEDS

$1,000+

Plus Fees - 12 Month Lease

Valley View Apartments

450-470 James Ave, Mankato, MN 56001

Call (855) 578-5974
2 BEDS

$1,000

Plus Fees

Commerce Apartments

1621-1633 Commerce Dr, North Mankato, MN 56003

Call (844) 790-3666
Good Value

2 BEDS

$985

Plus Fees - 12 Month Lease

Glenwood Terrace

107-115 Parkway Ave, Mankato, MN 56001
Exceptional Value

2 BEDS

$995

Plus Fees

Key City Group, LLC (BT)

442 Belgrade Ave, North Mankato, MN 56003
2 BEDS, 1 BATH

$875

426 N 5th St Unit 1

426 N 5th St, Mankato, MN 56001

Call (507) 327-7811
1 BED, 1 BATH

$975

423 Nicollet Ave Unit 1/2

423 Nicollet Ave, North Mankato, MN 56003
2 BEDS, 1 BATH

$995

1711 Northway Dr

1711 Northway Dr, North Mankato, MN 56003
1 BED, 1 BATH

$895

1711 Northway Dr

1711 Northway Dr, North Mankato, MN 56003
1 BED, 1 BATH

$750

Total Monthly Price Total Monthly Price New
Base Rent$750
Required Monthly FeesNone
Total Monthly Price$750
- 12 Month Lease

200 E Elm St Unit Apt.2

200 E Elm St, Mankato, MN 56001

Apply
2 BEDS, 1 BATH

$1,000

Total Monthly Price Total Monthly Price New
Base Rent$1,000
Required Monthly FeesNone
Total Monthly Price$1,000
- 12 Month Lease

930 N 5th St Unit 2

930 N 5th St, Mankato, MN 56001

Apply
1 BED, 1.5 BATHS

$750

Total Monthly Price Total Monthly Price New
Base Rent$750
Required Monthly FeesNone
Total Monthly Price$750
- 12 Month Lease

335 Bradley St Unit Left Side

335 Bradley St, Mankato, MN 56001

Apply
1 BED, 1 BATH

$800

Total Monthly Price Total Monthly Price New
Base Rent$800
Required Monthly FeesNone
Total Monthly Price$800
- 12 Month Lease

609 S Broad St Unit 4

609 S Broad St, Mankato, MN 56001
1 BED, 1 BATH

$850

Total Monthly Price Total Monthly Price New
Base Rent$850
Required Monthly FeesNone
Total Monthly Price$850
- 12 Month Lease

112 S 5th St Unit Upper

112 S 5th St, Mankato, MN 56001
2 BEDS, 2 BATHS

$950

Total Monthly Price Total Monthly Price New
Base Rent$950
Required Monthly FeesNone
Total Monthly Price$950
- 12 Month Lease

226 Bradley St

226 Bradley St, Mankato, MN 56001
2 BEDS, 1 BATH

$960

Total Monthly Price Total Monthly Price New
Base Rent$960
Required Monthly FeesNone
Total Monthly Price$960

525 S Broad St Unit 2

525 S Broad St, Mankato, MN 56001
1 BED, 1 BATH

$850

Total Monthly Price Total Monthly Price New
Base Rent$850
Required Monthly FeesNone
Total Monthly Price$850

107 E Liberty St Unit 2

107 E Liberty St, Mankato, MN 56001
1 BED, 1 BATH

$774

Total Monthly Price Total Monthly Price New
Base Rent$774
Required Monthly FeesNone
Total Monthly Price$774

322 E Walnut St Unit A

322 E Walnut St, Mankato, MN 56001
1 BED, 1 BATH

$850

Total Monthly Price Total Monthly Price New
Base Rent$850
Required Monthly FeesNone
Total Monthly Price$850

107 E Liberty St Unit 3

107 E Liberty St, Mankato, MN 56001
STUDIO, 1 BATH

$900

Total Monthly Price Total Monthly Price New
Base Rent$900
Required Monthly FeesNone
Total Monthly Price$900

100 Glenwood Ave Unit 100 Glenwood Ave 2

100 Glenwood Ave, Mankato, MN 56001
2 BEDS

$995

Plus Fees - 12 Month Lease

Cherry Ridge Apartments

101 Glenwood Ave, Mankato, MN 56001
1 BED, 1 BATH

$724

Total Monthly Price Total Monthly Price New
Base Rent$724
Required Monthly FeesNone
Total Monthly Price$724

914 Lyndale St Unit 2

914 Lyndale St, North Mankato, MN 56003
2 BEDS, 1 BATH

$960

Total Monthly Price Total Monthly Price New
Base Rent$960
Required Monthly FeesNone
Total Monthly Price$960

630 Lyndale St Unit 2

630 Lyndale St, North Mankato, MN 56003
2 BEDS, 1 BATH

$895

Total Monthly Price Total Monthly Price New
Base Rent$895
Required Monthly FeesNone
Total Monthly Price$895

630 Lyndale St Unit 3

630 Lyndale St, North Mankato, MN 56003
1 BED

$974

Plus Fees

Parkway Apartments

101-103 Parkway Ave, Mankato, MN 56001
Call for Rent

Sinclair Flats

210 Dewey Ln, Mankato, MN 56001
2 BEDS

$552

Plus Fees - 12 Month Lease

Lewis Lofts

209 Dewey St, Mankato, MN 56001

Can't find what you are looking for?

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Mankato at a Glance

Average Rent

$1,164

(All bedrooms and property types)

Learn more about

Average Rent in Mankato

School Rating

out of 10 Rating

Learn more about

Schools in Mankato

Mankato, MN Apartments for Rent

Mankato sits where the Minnesota River meets the Blue Earth River, making it the fourth-largest city outside the Minneapolis–Saint Paul area with a population of over 44,000. If you're looking for apartments for rent in Mankato, you'll find a city that combines college-town energy with the affordability and accessibility of a regional hub. Home to Minnesota State University—the state's second-largest university by enrollment—Mankato keeps its rental market steady, with one-bedroom apartments averaging around $1,166 per month and two-bedroom units at approximately $1,255.

Renting in Mankato means easy access to both outdoor fun and everyday conveniences. Downtown keeps its historic charm with local shops and restaurants, while Sibley Park offers riverside trails and green space along the Minnesota River. The city's spot at the junction of U.S. Highway 169 and State Highway 60 makes getting around simple, and the university ensures plenty of apartment communities for students, professionals, and long-term residents. Shopping is a breeze at River Hills Mall and other retail areas, and seasonal events at the Vetter Stone Amphitheater add extra appeal for renters looking for both convenience and quality of life.

Renting in Mankato

Average Rental Rates and Apartment Sizes

Apartment Type Average Sq Ft Average Rent
Studio 569 Sq Ft $1,109 / mo
1 Bedroom 702 Sq Ft $1,164 / mo
2 Bedrooms 967 Sq Ft $1,332 / mo
3 Bedrooms 1,278 Sq Ft $1,637 / mo
4 Bedrooms 1,675 Sq Ft $1,924 / mo

Top Budget-Friendly Neighborhoods in Mankato

(For 1 bedroom apartments)

Neighborhoods Average Sq Ft Average Rent
Washington Park 694 Sq Ft $1,174/mo
Downtown Mankato 627 Sq Ft $1,229/mo
Erlandson Park 704 Sq Ft $1,280/mo
East Mankato 773 Sq Ft $1,401/mo

Education

College/University High School Middle School Elementary School

Minnesota State University Mankato Campus

Public University

Gustavus Adolphus College

Private University

GreatSchools Rating

Mankato West Senior High School

Public High School

Public

Grades 9-12

1,232 Students

GreatSchools Rating

Mankato East Senior High School

Public High School

Public

Grades 9-12

1,302 Students

GreatSchools Rating

Central High Area Learning Center

Public High School

Public

Grades 9-12

79 Students

GreatSchools Rating

Prairie Winds Middle School

Public Middle School

Public

Grades 6-8

887 Students

GreatSchools Rating

Central Middle School Alp

Public Middle School

Public

Grades 6-8

0 Students

GreatSchools Rating

Washington Elementary

Public Elementary School

Public

Grades K-5

376 Students

GreatSchools Rating

Washington Elementary School

Public Elementary School

Public

Grades K-5

376 Students

GreatSchools Rating

Roosevelt Elementary School

Public Elementary School

Public

Grades K-5

302 Students

Apartments for Rent Near Mankato

North Mankato Apartments for Rent

Mankato Apartments for Rent in Your Budget

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Apartments under $1,000 for Rent in Mankato, MN

Can't find what you are looking for?

Mankato at a Glance

Average Rent

School Rating

Mankato, MN Apartments for Rent

Renting in Mankato

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Mankato

Education

Apartments for Rent Near Mankato

Mankato Apartments for Rent in Your Budget

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