Cheap Homes for Rent in Five Corners Neighborhood of Mankato, MN from $1,200 (3 Rentals)

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Search the lowest-cost Homes available for rent right now in the Five Corners area of Mankato.

property at 327 E Walnut St

327 E Walnut St

MankatoMN56001
property at 409 E Cherry St

409 E Cherry St

MankatoMN56001

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.

Five Corners, Mankato, MN Local Guide

Best Value Apartments for Rent in Five Corners, MN

As of April 29, 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 221 N 5th St Model at 221 N 5th St, Unit 1 starting at $1,400 with a $1.08 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 ListingModel NameBed/BathPrice Per Sq.Ft.
M² Lofts3BR/2.0BA3BR,2BA$1.54
221 N 5th St, Unit 1221 N 5th St4BR,1BA$1.08
Silos Apartments2 Bed, 2 Bath (Type A)2BR,2BA$1.75
Riverfront CourtThree Bedroom Two Bath3BR,2BA$1.26
River Bluff ApartmentsTwo Bedroom2BR,1BA$1.55
Axis Lofts1 Bedroom1BR,1BA$1.64
Highland Hills ApartmentsHighland North A1BR,1BA$1.85

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Frequently Asked Questions about Five Corners

What type of rentals are currently available in Five Corners?

There are currently 32 Apartments for Rent in Five Corners, MN with pricing that ranges from $775 to $2,250. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Corners ranging from $1,200 to $1,600.

What is the current price range for Rental Homes in Five Corners?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Five Corners ranges from $1,200 to $1,600 with an average monthly rent of $1,375.

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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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.