
Cheap Homes for Rent in North Mankato, MN from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in North Mankato.


325 E Washington St

418 Allan Ave

114 Lynn Ln
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

121 Lynn Ln

216 Van Brunt St, Unit 216

103 Maple Dr

1715 Northway Dr
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
North Mankato, MN Local Guide

How much does it cost to rent a home in North Mankato?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Mankato 2 Bedroom Homes for Rent | $1,516 | $895 | $2,500 |
| North Mankato 3 Bedroom Homes for Rent | $2,012 | $1,275 | $3,500 |
| North Mankato 4 Bedroom Homes for Rent | $1,984 | $1,595 | $2,300 |
| North Mankato 5 Bedroom Homes for Rent | $2,742 | $2,450 | $3,050 |
| North Mankato 7 Bedroom Homes for Rent | $2,975 | $2,975 | $2,975 |
Browse Top Homes for Rent in North Mankato
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North Mankato, MN Local Guide
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Cheapest Available North Mankato Apartments for Rent
 The cheapest available apartment rental in North Mankato, MN is a 2 Beds unit found at Sinclair Flats in the University neighborhood priced from $839. Knollcrest in the University neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here is today’s list of the most affordable North Mankato apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sinclair Flats | 2 Bedroom | 2BR,1BA | $839 |
| Knollcrest | Two Bedroom | 2BR,1BA | $995 |
| Cherry Square | 1 Bedroom | 1BR,1BA | $995 |
Best Value Apartments for Rent in North Mankato, MN
As of December 26, 2025 the best value apartment in the North Mankato area is the $0.94 price per square foot Three Bedroom Model at 442 Belgrade Ave in the in the City Center Mankato neighborhood starting from $1,500. The second greatest value North Mankato apartment is the 1104 N 5th St Model at 1104 N 5th St, Unit 3 Bed starting at $1,350 with a $1.08 price per square foot in the City Center Mankato neighborhood. Here is today’s list of the best values for North Mankato apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 442 Belgrade Ave | Three Bedroom | 3BR,2BA | $0.94 |
| 1104 N 5th St, Unit 3 Bed | 1104 N 5th St | 3BR,1BA | $1.08 |
| 2108 Arlington Trl, Unit 4 | 2108 Arlington Trl | 2BR,1BA | $1.16 |
| Riverfront Court | Three Bedroom Two Bath | 3BR,2BA | $1.36 |
| 119 S 6th St, Unit 1 | 119 S 6th St | 2BR,1BA | $1.20 |
| The Edge Apartments | Two Bedroom | 2BR,1BA | $1.28 |
| Knollcrest | Two Bedroom | 2BR,1BA | $1.11 |
| 608 N 4th St, Unit 1 | 608 N 4th St | 2BR,1BA | $1.24 |
| 429 State St, Unit 203 | 429 State St | 2BR,1BA | $1.38 |
| 404 James Ave, Unit 101 | 404 James Ave | 1BR,1BA | $1.24 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about North Mankato
What type of rentals are currently available in North Mankato?
There are currently 111 Apartments for Rent in North Mankato, MN with pricing that ranges from $451 to $2,830. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Mankato ranging from $895 to $3,500.
What is the current price range for Rental Homes in North Mankato?
Today's rental pricing for Homes for Rent, Condos and Townhomes in North Mankato ranges from $895 to $3,500 with an average monthly rent of $2,066.
How much are larger Three and Four Bedroom Rentals in North Mankato?
For those who are looking for larger living arrangements, Three Bedroom Apartments in North Mankato range from $885 to $2,830, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,275 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $1,529.
Expert Rental Resources
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.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!