Cheap Apartments for Rent in the City Center Mankato Neighborhood of Mankato, MN from $700 (6 Rentals)

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Search the lowest-cost Apartments available for rent right now in the City Center Mankato area of Mankato.

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City Center Mankato, Mankato, MN Local Guide

Cheapest Available City Center Mankato Apartments for Rent

 

The cheapest available apartment rental in the City Center Mankato area of Mankato, MN is a 1 Bed unit found at Highland Hills Apartments priced from $775. Village Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable City Center Mankato apartments for rent in Mankato, MN:

Apartment ListingModel NameBed/BathPriced From
Highland Hills ApartmentsElm Tree Court1BR,1BA$775
Village Court Apartments1 Bed, 1 Bath (original)1BR,1BA$899
Riverfront CourtTwo Bedroom/ One Bathroom w Balcony2BR,1BA$1,090

Best Value Apartments for Rent in City Center Mankato, MN

As of March 30, 2025 the best value apartment in the City Center Mankato area is the $1.54 price per square foot 3BR/2.0BA Model at M² Lofts in the in the University neighborhood starting from $2,260. The second greatest value City Center Mankato apartment is the Three Bedroom 1.75 Bathroom Model at Legacy Park Estates starting at $1,525 with a $1.25 price per square foot in the University neighborhood. Here is today’s list of the best values for City Center Mankato apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
M² Lofts3BR/2.0BA3BR,2BA$1.54
Legacy Park EstatesThree Bedroom 1.75 Bathroom3BR,1.75BA$1.25
Silos Apartments2 Bed, 2 Bath (Type A)2BR,2BA$1.75
Riverfront CourtThree Bedroom Two Bath3BR,2BA$1.26
The Grove at MankatoB2C3BR,2BA$1.41
River Bluff ApartmentsTwo Bedroom2BR,1BA$1.55
Axis Lofts1 Bedroom1BR,1BA$1.91
Southwood Flats1 Bed, 1 Bath (remodeled)1BR,1BA$1.49
Village Court Apartments1 Bed, 1 Bath (renovated)1BR,1BA$1.37
Highland Hills ApartmentsHighland North A1BR,1BA$1.85

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Pet Friendly Lifestyle
City Center Mankato, Mankato, MN

Ranked #5

Among neighborhoods in Mankato, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the City Center Mankato Neighborhood in Mankato, MN

Walk Score®

78 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

86 / 100

Very Bikeable

Biking is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap City Center Mankato Apartments

What is the price of a cheap apartment in City Center Mankato?

The cheapest apartment in City Center Mankato is Highland Hills Apartments which is listed at $775, while the average apartment in City Center Mankato costs $1,812.

What types of apartments are the cheapest in City Center Mankato?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in City Center Mankato that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in City Center Mankato?

Cheap apartments in City Center Mankato have an average cost of $1,121 which is $691 cheaper than the average rent for all rentals in City Center Mankato.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.