Cheap Apartments for Rent in the East Mankato Neighborhood of Mankato, MN from $500 (38 Rentals)

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

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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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404 S 4th St
Studio to 2 Bedroom Apartments

404 S 4th St

404 S 4th StMankato, MN 56001
  • Utilities Included
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Parkway
1 to 2 Bedroom Apartments

Parkway

101-103 Parkway AveMankato, MN 56001
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Rosa Place
1 to 3 Bedroom Apartments

Rosa Place

510 Timberwolf DrMankato, MN 56001
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River Bluff Suites
1 Bedroom Apartments

River Bluff Suites

123 N 4th StMankato, MN 56001
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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The Preserve Apartments
1 to 3 Bedroom Apartments

The Preserve Apartments

240 Jaycee CtMankato, MN 56001
Student Housing
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Gray Hawk Apartments
1 to 3 Bedroom Apartments

Gray Hawk Apartments

160-180 Homestead RdMankato, MN 56001
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Echo Rivers
1 to 2 Bedroom Apartments

Echo Rivers

115 Echo StMankato, MN 56001
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107 S 5th St
2 Bedroom Apartments

107 S 5th St

107 S 5th StMankato, MN 56001
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Rita Road
2 Bedroom Apartments

Rita Road

188-192 Rita RdMankato, MN 56001

East Mankato, Mankato, MN Local Guide

Cheapest Available East Mankato Apartments for Rent

 

The cheapest available apartment rental in the East Mankato area of Mankato, MN is a 2 Beds unit found at Bunting Lane Apartments priced from $682. Highland Hills Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here are the most affordable East Mankato apartments for rent in Mankato, MN:

Apartment ListingModel NameBed/BathPriced From
Bunting Lane ApartmentsRandom Roommate Included!2BR,2BA$682
Highland Hills ApartmentsElm Tree Court1BR,1BA$775
Woodside ApartmentsStudioStudio,1BA$1,055
Riverfront CourtTwo Bedroom/ One Bathroom w Balcony2BR,1BA$1,120
Southwood Flats1 Bed, 1 Bath (remodeled)1BR,1BA$1,124
Dublin HeightsTwo Bedroom2BR,1BA$1,167
River Bluff ApartmentsTwo Bedroom2BR,1BA$1,220

Best Value Apartments for Rent in East Mankato, MN

As of May 10, 2025 the best value apartment in the East Mankato area is the $0.88 price per square foot 428 Deldona Dr Model at 428 Deldona Dr, Unit 3 in the in the University neighborhood starting from $1,685. The second greatest value East Mankato apartment is the 3 bed 2.5 bath (Exterior) Model at Fox Run Townhomes starting at $2,095 with a $1.19 price per square foot in the North Industrial Mankato neighborhood. Here is today’s list of the best values for East Mankato apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
428 Deldona Dr, Unit 3428 Deldona Dr3BR,2BA$0.88
Fox Run Townhomes3 bed 2.5 bath (Exterior)3BR,2.5BA$1.19
221 N 5th St, Unit 1221 N 5th St4BR,1BA$1.08
Augusta Commons3 Bedroom 2 Bath3BR,2BA$1.23
Riverfront CourtThree Bedroom Two Bath3BR,2BA$1.36
Cardinal Creek ApartmentsTwo Bedroom2BR,2BA$1.29
The Edge ApartmentsTwo Bedroom2BR,1BA$1.30
Dublin HeightsTwo Bedroom2BR,1BA$1.22
930 N 5th St, Unit 2930 N 5th St2BR,1BA$1.05
329 Belgrade Ave, Unit 2329 Belgrade Ave1BR,1BA$1.00

Quick Rent Budget Calculator

How much rent can you afford?

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Pet Friendly Lifestyle
East Mankato, Mankato, MN

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for Central Mankato, MN. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the East Mankato Neighborhood in Mankato, MN

Walk Score®

39 / 100

Car-Dependent

Most errands require a car

Bike Score®

54 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Cheap East Mankato Apartments

What is a cheap apartment in East Mankato?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Mankato is under $1,220.

What is the price of a cheap apartment in East Mankato?

The cheapest apartment in East Mankato is Highland Hills Apartments which is listed at $775, while the average apartment in East Mankato costs $1,990.

What types of apartments are the cheapest in East 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 6 regular apartments in East 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 East Mankato?

Cheap apartments in East Mankato have an average cost of $695 which is $1,295 cheaper than the average rent for all rentals in East 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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.