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$451 - $1,182
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Jan 8, 2026Lewis Lofts
209 Dewey StMankato, MN 56001
Cheap Apartments for Rent in the City Center Mankato Neighborhood of Mankato, MN from $400 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the City Center Mankato area of Mankato.
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$750 - $1,880
Plus Fees12 Month Lease Term
Studio to 5 Bedroom Apartments Available Jan 2, 2026Highland Hills Apartments
1340 Warren StMankato, MN 56001
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$750
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Jan 1, 2026Total Monthly Price
Base Rent
$750
Total Monthly Price
$750
930 N 5th St, Unit 3
930 N 5th StMankato, MN 56001
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$750
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Feb 1, 2026Total Monthly Price
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$750
Total Monthly Price
$750
505 S 4th St, Unit 3
505 S 4th StMankato, MN 56001
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$850
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Jan 1, 2026Total Monthly Price
Base Rent
$850
Total Monthly Price
$850
324 Mound Ave, Unit 324
324 Mound AveMankato, MN 56001
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$850
Total Monthly Price5 Month Lease Term
1 Bedroom Apartment Available Feb 1, 2026Total Monthly Price
Base Rent
$850
Total Monthly Price
$850
221 State St, Unit 2
221 State StMankato, MN 56001
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Rent Specials
$880 - $985
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Jan 5, 2026Glenwood Terrace
107-115 Parkway AveMankato, MN 56001
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$895
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Jan 1, 2026Total Monthly Price
Base Rent
$895
Total Monthly Price
$895
107 E Liberty St, Unit 1
107 E Liberty StMankato, MN 56001
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$900 - $1,000
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowValley View Apartments
450-470 James AveMankato, MN 56001
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$950
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Feb 3, 2026Total Monthly Price
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$950
Total Monthly Price
$950
717 N 2nd St, Unit 4
717 N 2nd StMankato, MN 56001
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$975
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Feb 1, 2026Total Monthly Price
Base Rent
$975
Total Monthly Price
$975
329 N Riverfront Dr, Unit 1
329 N Riverfront DrMankato, MN 56001
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$995
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$995
Total Monthly Price
$995
404 James Ave, Unit 101
404 James AveMankato, MN 56001
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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$995 - $1,295
Plus Fees
1 to 2 Bedroom Apartments Available NowCherry Square
500 S 2nd StMankato, MN 56001
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$1,020 - $1,100
Plus Fees12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityGray Hawk Apartments
160-180 Homestead RdMankato, MN 56001
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$1,025
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Jan 1, 2026Total Monthly Price
Base Rent
$1,025
Total Monthly Price
$1,025
612 N 4th St, Unit 1
612 N 4th StMankato, MN 56001
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$1,050
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,050
Total Monthly Price
$1,050
608 N 4th St, Unit 1
608 N 4th StMankato, MN 56001
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$1,074 - $1,174
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowSouthwood Flats
520 James AveMankato, MN 56001
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$1,096 - $1,511
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,085 - $1,500
Required Monthly Fees
$11
Total Monthly Price
$1,096 - $1,511
River Bluff Apartments
405 N 5th StMankato, MN 56001
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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$1,100
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available Jan 1, 2026Total Monthly Price
Base Rent
$1,100
Total Monthly Price
$1,100
Norland Apartments
610-620 Reed StMankato, MN 56001
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$1,100
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,100
Total Monthly Price
$1,100
429 State St, Unit 203
429 State StMankato, MN 56001
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$835 - $1,600
Plus Fees
1 to 3 Bedroom Apartments Available Now442 Belgrade Ave
442 Belgrade AveNorth Mankato, MN 56003
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$875 - $1,000
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityCommerce Apartments
1621-1633 Commerce DrNorth Mankato, MN 56003
209 1/2 Cross Street
209 Cross St
North MankatoMN56003
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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$999 - $1,199
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowVillage Court Apartments
1620 Village CtNorth Mankato, MN 56003
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$1,065
Total Monthly Price
2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,050
Required Monthly Fees
$15
Total Monthly Price
$1,065
Hoover Estates
1866 Lee BlvdNorth Mankato, MN 56003
Showing Results 1-26, Page 1 of 1
City Center Mankato, Mankato, MN Local Guide
Bison cooling off at Minneopa State Park by Lorie Shaull is licensed under CC BY 2.0
How much does it cost to rent an apartment in City Center Mankato?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| City Center Mankato Studio Apartments | $750 | $750 | $750 |
| City Center Mankato 1 Bedroom Apartments | $1,377 | $451 | $2,146 |
| City Center Mankato 2 Bedroom Apartments | $1,619 | $538 | $2,396 |
| City Center Mankato 3 Bedroom Apartments | $1,852 | $885 | $2,830 |
| City Center Mankato 4 Bedroom Apartments | $1,804 | $1,680 | $1,880 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the City Center Mankato Neighborhood of Mankato, MN.
See all Apartments in MankatoExplore Mankato
City Center Mankato, Mankato, MN Local Guide
- Nearby Mankato neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Available City Center Mankato Apartments for Rent
The cheapest available apartment rental in the City Center Mankato area of Mankato, MN is a 2 Beds unit found at Sinclair Flats priced from $839. Cherry Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable City Center Mankato apartments for rent in Mankato, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sinclair Flats | 2 Bedroom | 2BR,1BA | $839 |
| Cherry Square | 1 Bedroom | 1BR,1BA | $995 |
| Valley View Apartments | Two Bedroom | 2BR,1BA | $1,000 |
| Southwood Flats | 1 Bed, 1 Bath (original) | 1BR,1BA | $1,074 |
| Village Court Apartments | 2 Bed, 1 Bath (renovated) | 2BR,1BA | $1,099 |
| Riverfront Court | Two Bedroom/ One Bathroom w Balcony | 2BR,1BA | $1,120 |
Best Value Apartments for Rent in City Center Mankato, MN
As of December 31, 2025 the best value apartment in the City Center Mankato area is the $1.19 price per square foot Fox Run Townhomes Model at Fox Run Townhomes in the in the City Center Mankato neighborhood starting from $2,095. The second greatest value City Center Mankato apartment is the Three Bedroom Model at 442 Belgrade Ave starting at $1,500 with a $0.94 price per square foot in the City Center Mankato neighborhood. Here is today’s list of the best values for City Center Mankato apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fox Run Townhomes | Fox Run Townhomes | 3BR,2.5BA | $1.19 |
| 442 Belgrade Ave | Three Bedroom | 3BR,2BA | $0.94 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Affordable | 3BR,1.5BA | $1.18 |
| Riverfront Court | Three Bedroom Two Bath | 3BR,2BA | $1.36 |
| 119 S 6th St, Unit 1 | 119 S 6th St | 2BR,1BA | $1.20 |
| The Edge Apartments | Two Bedroom | 2BR,1BA | $1.28 |
| 608 N 4th St, Unit 1 | 608 N 4th St | 2BR,1BA | $1.24 |
| 429 State St, Unit 203 | 429 State St | 2BR,1BA | $1.38 |
| 404 James Ave, Unit 101 | 404 James Ave | 1BR,1BA | $1.24 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.92 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleCity Center Mankato, Mankato, MN
Ranked #6
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 Cherry Square which is listed at $995, while the average apartment in City Center Mankato costs $2,135.
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 29 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 $807 which is $1,328 cheaper than the average rent for all rentals in City Center Mankato.
Expert Rental Resources
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.
Articles, How-To's, and Tips
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!