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  2. Building Photo - 513 W 11th St
    2 BEDS, 1 BATH
    $1,390
    Total Monthly Price Total Monthly Price New
    Base Rent$1,390
    Required Monthly FeesNone
    Total Monthly Price$1,390
         - 12 Month Lease

    513 W 11th St

    513 W 11th St, Mankato, MN 56001
  3. Building Photo - 320 E Hickory St
    3 BEDS, 1 BATH
    $1,200
    Total Monthly Price Total Monthly Price New
    Base Rent$1,200
    Required Monthly FeesNone
    Total Monthly Price$1,200
         - 12 Month Lease

    320 E Hickory St Unit 1

    320 E Hickory St, Mankato, MN 56001
  4. 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

    1104 N 5th St Unit 1 Bed

    1104 N 5th St, Mankato, MN 56001
  5. Building Photo - Opal Townhomes
    3 BEDS, 1 BATH
    $1,279
    Total Monthly Price Total Monthly Price New
    Base Rent$1,279
    Required Monthly FeesNone
    Total Monthly Price$1,279

    Opal Townhomes Unit 103

    101-103 Opal Ln, Mankato, MN 56001

Mankato at a Glance

Average Rent

$1,175
(All bedrooms and property types)
Learn more about
Average Rent in Mankato
6

School Rating

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)
  • Neighborhoods Average Sq Ft Average Rent
  • East Mankato 737 Sq Ft $1,358/mo

Average Rent in Nearby Cities

(For 1 bedroom apartments)

Education

GreatSchools Rating
Mankato West Senior High School

Public High School

Public
Grades 9-12
1,223 Students
GreatSchools Rating
Mankato West Senior High

Public High School

Public
Grades 9-12
1,223 Students
GreatSchools Rating
Mankato East Senior High

Public High School

Public
Grades 9-12
1,293 Students
GreatSchools Rating
Mankato East Senior High School

Public High School

Public
Grades 9-12
1,293 Students
GreatSchools Rating
Central High Area Learning Center

Public High School

Public
Grades 9-12
92 Students
GreatSchools Rating
Prairie Winds Middle School

Public Middle School

Public
Grades 6-8
954 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

Public Elementary School

Public
Grades K-5
333 Students

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

Apartments for Rent Near Mankato

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Mankato Apartments for Rent in Your Budget

Frequently asked questions about renting in Mankato, MN

What are the average rent costs in Mankato, MN?

The average rent in Mankato, MN is $1,175.

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

The average rent for a studio apartment in Mankato, MN is $1,101.

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 $1,175.

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 $1,298.

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 $1,645.

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 $1,959.

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