317 Belgrade Ave
North MankatoMN56003
Cheap Homes for Rent in Downtown Mankato Neighborhood of Mankato, MN from $1,400 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Mankato area of Mankato.
128 E Liberty St
MankatoMN56001
235 Belgrade Ave
North MankatoMN56003
319 Warren St, Unit 0
319 Warren St
MankatoMN56001
319 Warren St
MankatoMN56001
212 S 4th St
MankatoMN56001
Showing Results 1-6, Page 1 of 1
Downtown 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 a home in Downtown Mankato?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Mankato 3 Bedroom Homes for Rent | $1,450 | $1,450 | $1,450 |
| Downtown Mankato 4 Bedroom Homes for Rent | $1,581 | $1,545 | $1,600 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Downtown Mankato Neighborhood of Mankato, MN.
Explore Mankato
Downtown Mankato, Mankato, MN Local Guide
- Nearby Mankato neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Mankato Apartments for Rent
The cheapest available apartment rental in the Downtown Mankato area of Mankato, MN is a 1 Bed unit found at Highland Hills Apartments priced from $775. River Bluff Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Downtown Mankato apartments for rent in Mankato, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highland Hills Apartments | Elm Tree Court | 1BR,1BA | $775 |
| River Bluff Apartments | One Bedroom | 1BR,1BA | $1,000 |
| Skyway Property Holdings, LLC - (Studio 5) | 0BR/1.0BA | Studio,1BA | $1,050 |
Best Value Apartments for Rent in Downtown Mankato, MN
As of April 08, 2025 the best value apartment in the Downtown Mankato area is the $1.82 price per square foot 2BR/2.0BA Model at Bridge Plaza Apartments in the in the University neighborhood starting from $3,725. The second greatest value Downtown Mankato apartment is the 3BR/2.0BA Model at M² Lofts starting at $2,260 with a $1.54 price per square foot in the University neighborhood. Here is today’s list of the best values for Downtown Mankato apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bridge Plaza Apartments | 2BR/2.0BA | 2BR,2BA | $1.82 |
| M² Lofts | 3BR/2.0BA | 3BR,2BA | $1.54 |
| Silos Apartments | 2 Bed, 2 Bath (Type A) | 2BR,2BA | $1.75 |
| Riverfront Court | Three Bedroom Two Bath | 3BR,2BA | $1.26 |
| Axis Lofts | 1 Bedroom | 1BR,1BA | $1.91 |
| River Bluff Apartments | One Bedroom | 1BR,1BA | $1.74 |
| Skyway Property Holdings, LLC - (Studio 5) | 0BR/1.0BA | Studio ,1BA | $1.98 |
| Highland Hills Apartments | Highland North A | 1BR,1BA | $1.85 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
Let everyone know!
Do you know the Downtown Mankato area?
If you’re an expert on all things Downtown Mankato, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Downtown Mankato
What type of rentals are currently available in Downtown Mankato?
There are currently 37 Apartments for Rent in Downtown Mankato, MN with pricing that ranges from $775 to $3,725. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Mankato ranging from $1,450 to $1,600.
What is the current price range for Rental Homes in Downtown Mankato?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Mankato ranges from $1,450 to $1,600 with an average monthly rent of $1,515.
How much are larger Three and Four Bedroom Rentals in Downtown Mankato?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Mankato range from $1,269 to $2,260, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $1,450. Four Bedroom Single-Family rentals are also available starting from $1,545 and Four Bedroom Apartments start at $1,409.
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.
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.
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.
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.
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.