Cheap Apartments for Rent in the Lincoln Park Neighborhood of Mankato, MN from $500 (6 Rentals)

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Cheap Apartments in the Lincoln Park area of Mankato.

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

Lincoln Park, Mankato, MN Local Guide

Cheapest Available Lincoln Park Apartments for Rent

 

The cheapest available apartment rental in the Lincoln Park 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 $1,120. Here are the most affordable Lincoln Park apartments for rent in Mankato, MN:

Apartment ListingModel NameBed/BathPriced From
Highland Hills ApartmentsElm Tree Court1BR,1BA$775
Riverfront CourtTwo Bedroom/ One Bathroom w Balcony2BR,1BA$1,120
River Bluff ApartmentsTwo Bedroom2BR,1BA$1,200

Best Value Apartments for Rent in Lincoln Park, MN

As of May 02, 2025 the best value apartment in the Lincoln Park area is the $0.93 price per square foot 220 State St Model at 220 State St, Unit #2 2nd Floor in the in the University neighborhood starting from $1,400. The second greatest value Lincoln Park 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 Lincoln Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
220 State St, Unit #2 2nd Floor220 State St3BR,1BA$0.93
Silos Apartments2 Bed, 2 Bath (Type A)2BR,2BA$1.75
Riverfront CourtThree Bedroom Two Bath3BR,2BA$1.36
The Grove at MankatoB2C3BR,2BA$1.41
River Bluff ApartmentsTwo Bedroom2BR,1BA$1.55
Augusta Park Estates1 Bedroom/1 Bathroom A (D)1BR,1BA$2.03
Axis Lofts1 Bedroom1BR,1BA$1.64
Highland Hills ApartmentsElm Tree Court1BR,1BA$1.79

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Pet Friendly Lifestyle
Lincoln Park, Mankato, MN

Ranked #7

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Lincoln Park Neighborhood in Mankato, MN

Walk Score®

84 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

73 / 100

Very Bikeable

Biking is convenient for most trips

Frequently Asked Questions about Cheap Lincoln Park Apartments

What is the price of a cheap apartment in Lincoln Park?

The cheapest apartment in Lincoln Park is Highland Hills Apartments which is listed at $775, while the average apartment in Lincoln Park costs $1,920.

What types of apartments are the cheapest in Lincoln Park?

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 Lincoln Park 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 Lincoln Park?

Cheap apartments in Lincoln Park have an average cost of $850 which is $1,070 cheaper than the average rent for all rentals in Lincoln Park.

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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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.

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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.