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Apartments under $900 for Rent in Mankato, MN

62 Rentals
  1. Building Photo - Glenwood Terrace
    1 BED
    $880
    Plus Fees - 12 Month Lease

    Glenwood Terrace

    107-115 Parkway Ave, Mankato, MN 56001
  2. Building Photo - 612 N 4th St
    1 BED, 1 BATH
    $900
    Total Monthly Price Total Monthly Price New
    Base Rent$900
    Required Monthly FeesNone
    Total Monthly Price$900
    - 12 Month Lease

    612 N 4th St

    612 N 4th St, Mankato, MN 56001
  3. 1 BED, 1 BATH
    $740
    Total Monthly Price Total Monthly Price New
    Base Rent$740
    Required Monthly FeesNone
    Total Monthly Price$740
    - 12 Month Lease

    315 Washington Ct Unit 315.5

    315 Washington Ct, Mankato, MN 56001
  4. Building Photo - 318 E Walnut St
    1 BED, 1 BATH
    $824
    Total Monthly Price Total Monthly Price New
    Base Rent$824
    Required Monthly FeesNone
    Total Monthly Price$824

    318 E Walnut St Unit 2

    318 E Walnut St, Mankato, MN 56001

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Mankato at a Glance

Average Rent

$1,177
(All bedrooms and property types)
Learn more about
Average Rent in Mankato
7

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out of 10 Rating
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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

Top Budget-Friendly Neighborhoods in Mankato

(For 1 bedroom apartments)

Education

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Public High School

Public
Grades 9-12
Students
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Public High School

Public
Grades 9-12
Students
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Public Middle School

Public
Grades 6-8
Students
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Public Elementary School

Public
Grades K-5
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Public Elementary School

Public
Grades K-5
Students
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Public Elementary School

Public
Grades K-5
Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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