Apartments under $2,000 for Rent in Mankato, MN
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Rent SpecialTotal Monthly Price Total Monthly Price New1 BED$970+2 BEDS$1,109+3 BEDS$1,389+Base Rent$940 - $1,799Required Monthly Fees$30Total Monthly Price$970 - $1,829- 11 Month Lease
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Price Drop. $260 OffTotal Monthly Price Total Monthly Price NewSTUDIO$1,120+1 BED$1,320+2 BEDS$1,600+Base Rent$1,120 - $1,795Utilities & EssentialsVariesTotal Monthly Price$1,120 - $1,795- 12 Month Lease
Augusta Park Estates
1690 Premier Dr, Mankato, MN 56001 -
Plus Fees - 12 Month Lease2 BEDS$1,140+3 BEDS$1,450+
Riverfront Court
115 S Riverfront Dr, Mankato, MN 56001 -
Plus Fees - 12 Month Lease1 BED$1,004+2 BEDS$1,129+
Southwood Flats
520 James Ave, Mankato, MN 56001 -
Exceptional Value
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Good ValueTotal Monthly Price Total Monthly Price New1 BED$855+2 BEDS$1,000+3 BEDS$1,350+4 BEDS$1,780+Base Rent$855 - $1,980Required Monthly FeesNoneTotal Monthly Price$855 - $1,980- 12 Month Lease
Highland Hills Apartments
1340 Warren St, Mankato, MN 56001 -
Good ValueTotal Monthly Price Total Monthly Price New1 BED$1,214+2 BEDS$1,314+3 BEDS$1,564+Base Rent$1,175 - $1,525Required Monthly Fees$39Total Monthly Price$1,214 - $1,564
Legacy Park Estates
100 Dublin Ct, Mankato, MN 56001 -
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Rent SpecialTotal Monthly Price Total Monthly Price New1 BED$1,575+2 BEDS$1,850+Base Rent$1,575 - $1,850Required Monthly FeesNoneTotal Monthly Price$1,575 - $1,850- 12 Month Lease
Pond View Heights Apartments
1015 Hope St, Mankato, MN 56001 -
Rent SpecialTotal Monthly Price Total Monthly Price New1 BED$1,130+2 BEDS$1,230+3 BEDS$1,530+Base Rent$1,100 - $1,500Required Monthly Fees$30Total Monthly Price$1,130 - $1,530- 12 Month LeaseRiver Bluff Apartments
405 N 5th St, Mankato, MN 56001 -
Plus Fees - 12 Month Lease2 BEDS$1,100Huntington Hills Apartments & Townhomes
744 James Ave, Mankato, MN 56001 -
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Good ValueTotal Monthly Price Total Monthly Price NewSTUDIO$1,110+1 BED$1,350+2 BEDS$1,410+3 BEDS$1,690+Base Rent$1,095 - $1,675Required Monthly Fees$15Total Monthly Price$1,110 - $1,690- 12 Month Lease
Woodside Apartments
161-351 E Roosevelt Cir, Mankato, MN 56001 -
Total Monthly Price Total Monthly Price New1 BED$1,470Base Rent$1,395 - $1,495Required Monthly Fees$75Utilities & EssentialsVariesTotal Monthly Price$1,470 - $1,570
Axis Lofts
1247 Range St, Mankato, MN 56001 -
Rent SpecialTotal Monthly Price Total Monthly Price New1 BED$1,130+2 BEDS$1,305+Base Rent$1,100 - $1,300Required Monthly Fees$30Total Monthly Price$1,130 - $1,330- 12 Month Lease
The Edge Apartments
1902 Warren St, Mankato, MN 56001 -
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Total Monthly Price Total Monthly Price New1 BED$1,580+2 BEDS$1,840+Base Rent$1,525 - $2,100Required Monthly Fees$55Total Monthly Price$1,580 - $2,155- 12 Month Lease
M² Lofts
1050 Marsh St, Mankato, MN 56001 -
Plus Fees - 12 Month Lease1 BED$875
Village Place Apartments of Mankato
100-104 Thomas Dr, Mankato, MN 56001 -
Total Monthly Price Total Monthly Price New1 BED$1,454Base Rent$1,399Required Monthly Fees$55Total Monthly Price$1,454
Silos Apartments
302 N 2nd St, Mankato, MN 56001 -
Total Monthly Price Total Monthly Price New1 BED$1,137Base Rent$1,137Required Monthly FeesNoneTotal Monthly Price$1,137- 12 Month Lease
The Alma
105 E Walnut St, Mankato, MN 56001 -
Plus Fees - 12 Month Lease2 BEDS$500+3 BEDS$1,500+
Bunting Lane Apartments
311 Bunting Ln, Mankato, MN 56001 -
Good ValuePlus Fees - 12 Month Lease3 BEDS$1,299
Cedar Meadow Apartments
701 S Victory Dr, Mankato, MN 56001 -
Plus Fees - 12 Month Lease1 BED$900+2 BEDS$1,000+
Valley View Apartments
450-470 James Ave, Mankato, MN 56001 -
Plus Fees - 12 Month Lease2 BEDS$1,045
Gray Hawk Apartments
160-180 Homestead Rd, Mankato, MN 56001 -
Total Monthly Price Total Monthly Price New1 BED$1,028+2 BEDS$1,028+Base Rent$1,028 - $1,128Required Monthly FeesNoneTotal Monthly Price$1,028 - $1,128- 12 Month Lease
Village Court Apartments
1620 Village Ct, North Mankato, MN 56003 -
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Total Monthly Price Total Monthly Price New2 BEDS$1,065Base Rent$1,050Required Monthly Fees$15Total Monthly Price$1,065
Hoover Estates
1866 Lee Blvd, North Mankato, MN 56003 -
Good ValuePlus Fees - 12 Month Lease1 BED$880+2 BEDS$985+Glenwood Terrace
107-115 Parkway Ave, Mankato, MN 56001 -
Plus Fees - 12 Month LeaseSTUDIO$1,150Skyway Properties LLC
507 N Riverfront Dr, Mankato, MN 56001 -
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2 Months FreePlus Fees - 12 Month Lease1 BED$1,150+2 BEDS$1,350+
Village Place Flats
210 Thomas Dr, Mankato, MN 56001 -
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Good ValuePlus Fees - 12 Month Lease1 BED$925+2 BEDS$995+
Cherry Ridge Apartments
101 Glenwood Ave, Mankato, MN 56001 -
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Total Monthly Price Total Monthly Price New2 BEDS$1,120Base Rent$1,120Utilities & EssentialsVariesTotal Monthly Price$1,120- 12 Month Lease
Pfau Reed Apartments
610-620 Reed St, Mankato, MN 56001 -
Plus Fees - 12 Month Lease1 BED$1,300+2 BEDS$1,500+
Cardinal Creek Apartments
111 Redtail Ct, Mankato, MN 56001 -
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Exceptional ValuePlus Fees2 BEDS$1,095+3 BEDS$1,600+
Key City Group, LLC (BT)
442 Belgrade Ave, North Mankato, MN 56003 -
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Mankato at a Glance
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 570 Sq Ft $1,111 / mo
- 1 Bedroom 698 Sq Ft $1,170 / mo
- 2 Bedrooms 964 Sq Ft $1,300 / mo
- 3 Bedrooms 1,278 Sq Ft $1,643 / 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
- Southeast Village 671 Sq Ft $1,048/mo
- Downtown Mankato 674 Sq Ft $1,113/mo
- East Mankato 768 Sq Ft $1,457/mo
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
Apartments for Rent Near Mankato
Mankato Apartments for Rent in Your Budget
- Apartments with Move-In Specials in Mankato, MN
- Mankato Apartments Under $500
- Mankato Apartments Under $600
- Mankato Apartments Under $700
- Mankato Apartments Under $800
- Mankato Apartments Under $900
- Mankato Apartments Under $1,000
- Mankato Apartments Under $1,100
- Mankato Apartments Under $1,200
- Mankato Apartments Under $1,300
- Mankato Apartments Under $1,400
- Mankato Apartments Under $1,500
- Mankato Apartments Under $1,600
- Mankato Apartments Under $1,700
- Mankato Apartments Under $1,800
- Mankato Apartments Under $1,900
- Mankato Apartments Under $2,000
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Best Value
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Note: Based on community-supplied data and independent market research. Subject to change without notice.