
Cheap Apartments for Rent in the Five Corners Neighborhood of Mankato, MN from $500 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Five Corners area of Mankato.


Highland Hills Apartments

College Station
Five Corners, Mankato, MN Local Guide

How much does it cost to rent an apartment in Five Corners?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Five Corners Studio Apartments | $950 | $950 | $950 |
Five Corners 1 Bedroom Apartments | $1,461 | $740 | $1,695 |
Five Corners 2 Bedroom Apartments | $1,735 | $916 | $2,495 |
Five Corners 3 Bedroom Apartments | $1,487 | $1,269 | $2,260 |
Five Corners 4 Bedroom Apartments | $1,643 | $1,409 | $1,880 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Five Corners Neighborhood of Mankato, MN.
See all Apartments in MankatoExplore Mankato
Five Corners, Mankato, MN Local Guide
- Nearby Mankato neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Five Corners Apartments for Rent
 The cheapest available apartment rental in the Five Corners area of Mankato, MN is a 1 Bed unit found at Highland Hills Apartments priced from $775. Riverfront Court has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,090. Here are the most affordable Five Corners apartments for rent in Mankato, MN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Highland Hills Apartments | Elm Tree Court | 1BR,1BA | $775 |
Riverfront Court | Two Bedroom/ One Bathroom w Balcony | 2BR,1BA | $1,090 |
River Bluff Apartments | Two Bedroom | 2BR,1BA | $1,200 |
Best Value Apartments for Rent in Five Corners, MN
As of March 22, 2025 the best value apartment in the Five Corners 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 Five Corners apartment is the 2 Bed, 2 Bath (Type A) Model at Silos Apartments starting at $1,874 with a $1.75 price per square foot in the University neighborhood. Here is today’s list of the best values for Five Corners apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
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 |
River Bluff Apartments | Two Bedroom | 2BR,1BA | $1.55 |
Axis Lofts | 1 Bedroom | 1BR,1BA | $1.91 |
315 Washington Ct, Unit 315.5 | 315 Washington Ct | 1BR,1BA | $1.23 |
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.
Pet Friendly LifestyleFive Corners, Mankato, MN
Ranked #8
Among neighborhoods in Mankato, MN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Getting Around the Five Corners Neighborhood in Mankato, MN
Walk Score®
81 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
60 / 100
Bikeable
Some bike infrastructure
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 Five Corners Apartments
What is the price of a cheap apartment in Five Corners?
The cheapest apartment in Five Corners is Highland Hills Apartments which is listed at $775, while the average apartment in Five Corners costs $2,220.
What types of apartments are the cheapest in Five Corners?
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 859 regular apartments in Five Corners 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 Five Corners?
Cheap apartments in Five Corners have an average cost of $1,078 which is $1,142 cheaper than the average rent for all rentals in Five Corners.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.