How much is the average rent in Mankato, MN for 1-bedroom and 2-bedroom apartments?

One-bedroom apartments in Mankato average around $1,200 per month in 2025, while two-bedroom units average around $1,500 per month. Both apartment types have experienced rent increases from the previous year, with two-bedrooms seeing more substantial growth.

When is the best time to look for an apartment in Mankato, MN?

June offers the lowest rental prices in Mankato, while November sees the highest rent of the year. The difference between these peak and off-peak months reaches 17.1%, making a June move potentially more cost-effective than searching in late fall.

Are there pet-friendly apartments in Mankato, MN?

Mankato offers good options for pet owners, with 57% of rental listings welcoming pets. This represents a solid portion of the city's average 229 monthly listings, providing multiple choices for renters with furry companions.

Are utilities usually included in rent in Mankato, MN?

Utilities are rarely included in Mankato rental prices, appearing in less than 1% of total listings. This pattern holds consistent across apartment sizes, from studios at 0.13% to three-bedroom units at 0.07%, meaning renters should budget separately for utility costs.

Cheap Apartments for Rent in Mankato, MN

25 rentals available

5d+ ago

7.7

Very good

120 South Fourth

120 S 4th St, Mankato, MN 56001

Affordable

2 beds

1 bath

$1,024

Apartment for rent

5d+ ago

Cheap apartment for rent in Mankato

3BR/1.0BA

325 E Plum St, Mankato, MN 56001

Affordable | In-unit laundry

3 beds

1 bath

$1,080

Apartment for rent

Top amenities

In-Unit Laundry

5d+ ago

Cheap apartment for rent in Mankato

Upper 2 Bedroom Unit in Duplex

501 N 5th St #1-2, Mankato, MN 56001

Affordable | On-site laundry | Garage parking

2 beds

1 bath

$1,100

Apartment for rent

Available Aug 15

Top amenities

Air Conditioning

Dishwasher

Garage Parking

On-Site Laundry

5d+ ago

Cheap apartment for rent in Mankato

408 State St #101, Mankato, MN 56001

Affordable | On-site laundry | Assigned parking

2 beds

1 bath

$1,100

Apartment for rent

Available Jun 14

Top amenities

On-Site Laundry

Storage

5d+ ago

Cheap apartment for rent in Mankato

429 State St #102, Mankato, MN 56001

Affordable | On-site laundry | Garage parking

2 beds

1 bath

$1,100

Apartment for rent

Available Jun 15

Top amenities

Assigned Parking

Dishwasher

Garage Parking

On-Site Laundry

5d+ ago

Cheap condo for rent in Mankato

815 N 4th St, Mankato, MN 56001

Affordable | In-unit laundry | On-site management

3 beds

1 bath

$1,150

Condo for rent

Available Aug 11

Top amenities

Hardwood Floor

High Ceilings

In-Unit Laundry

On-Site Laundry

On-Site Management

Nearby rental good for eco-living

$500–$1,500

311 Bunting Ln

Nearby rental good for pet owners

$1,024

224 Carroll St

5d+ ago

Cheap apartment for rent in Mankato

120 Locust St #5, Mankato, MN 56001

Affordable | In-unit laundry | Garage parking

3 beds

1 bath

$1,175

Apartment for rent

Available Jul 1

Top amenities

In-Unit Laundry

5d+ ago

Cheap apartment for rent in Mankato

1027 E Main St #2, Mankato, MN 56001

Affordable | In-unit laundry | Dishwasher

3 beds

1 bath

$1,200

Apartment for rent

Available Jan 4

Top amenities

In-Unit Laundry

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5d+ ago

8.8

Very good

James Courtyard

422 James Ave, Mankato, MN 56001

Affordable | In-unit laundry | Dishwasher

2 beds

1 bath

$1,229

Apartment for rent

Top amenities

In-Unit Laundry

On-Site Laundry

5d+ ago

Cheap condo for rent in Mankato

730 N Broad St, Mankato, MN 56001

Affordable | In-unit laundry | Dishwasher

3 beds

1 bath

$1,300

Condo for rent

Available Sep 10

Top amenities

In-Unit Laundry

On-Site Laundry

On-Site Management

Find sweet deals near Mankato

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$1,100

Mankato

$1,124

Mankato

5d+ ago

Cheap house for rent in Mankato

319 E Main St, Mankato, MN 56001

Affordable | In-unit laundry

4 beds

2 baths

$1,324

House for rent

Top amenities

In-Unit Laundry

On-Site Laundry

New construction

5d+ ago

Cheap apartment for rent in Mankato

Mobile Home, Residential - Mankato, MN

306 Louva Ln #264, Mankato, MN 56001

Affordable | Garage parking

3 beds

2 baths

$1,400

Apartment for rent

New construction

5d+ ago

Cheap apartment for rent in Mankato

Mobile Home, Residential - Mankato, MN

55 Wood Dr #24, Mankato, MN 56001

Affordable | Garage parking

3 beds

2 baths

$1,600

Apartment for rent

New construction

5d+ ago

Cheap apartment for rent in Mankato

Mobile Home, Residential - Mankato, MN

23 Wood Dr #8, Mankato, MN 56001

Affordable | Garage parking

3 beds

2 baths

$1,609

Apartment for rent

New construction

5d+ ago

Cheap apartment for rent in Mankato

Mobile Home, Residential - Mankato, MN

314 Oak Ln #104, Mankato, MN 56001

Affordable | Garage parking

3 beds

2 baths

$1,629

Apartment for rent

5d+ ago

Cheap apartment for rent in Mankato

311 E Roosevelt Cir, Mankato, MN 56001

Affordable | In-unit laundry | Garage parking

3 beds

2 baths

$1,675

Apartment for rent

Available Nov 20

Top amenities

Air Conditioning

Fitness Center

Garage Parking

In-Unit Laundry

Residents Lounge

Swimming Pool

3d ago

Cheap townhouse for rent in Mankato

205 Partridge Path, Mankato, MN 56001

Affordable | In-unit laundry | Garage parking

2 beds

2.5 baths

$1,725

House for rent

Top amenities

Air Conditioning

Dishwasher

In-Unit Laundry

Microwave

Storage

5d+ ago

Cheap townhouse for rent in Mankato

428 Deldona Drive #3, Mankato, MN 56001

Affordable | In-unit laundry | Garage parking

3 beds

2 baths

$1,745

House for rent

Available Aug 15

Top amenities

Air Conditioning

Carpet

Dishwasher

High Ceilings

In-Unit Laundry

Roof Deck

5d+ ago

Cheap house for rent in Mankato

SINGLE_FAMILY - Mankato, MN

109 Oriole Path, Mankato, MN 56001

Affordable | In-unit laundry

3 beds

2.5 baths

$1,850

House for rent

Top amenities

In-Unit Laundry

5d+ ago

Cheap apartment for rent in Mankato

Affordable | In-unit laundry

5 beds

2 baths

$1,890

Apartment for rent

Available Aug 1

Top amenities

In-Unit Laundry

5d+ ago

Cheap house for rent in Mankato

422 N 4th St #422, Mankato, MN 56001

Affordable | In-unit laundry | Garage parking

4 beds

2 baths

$2,000

House for rent

Available Jan 8

Top amenities

Air Conditioning

Dishwasher

Fireplace

Garage Parking

On-Site Laundry

Storage

5d+ ago

Cheap house for rent in Mankato

18911 State Highway 22, Mankato, MN 56001

Affordable | In-unit laundry | Storage

4 beds

2 baths

$2,215

House for rent

Top amenities

In-Unit Laundry

5d+ ago

Cheap house for rent in Mankato

130 Parsons St, Mankato, MN 56001

Affordable | In-unit laundry | Dishwasher

5 beds

1.5 baths

$2,250

House for rent

Available Aug 1

Top amenities

In-Unit Laundry

On-Site Laundry

On-Site Management

Storage

5d+ ago

Cheap townhouse for rent in Mankato

3021 Bluestem Trl, Mankato, MN 56001

Affordable | In-unit laundry | Garage parking

4 beds

2.5 baths

$2,320

House for rent

Top amenities

In-Unit Laundry

5d+ ago

Cheap house for rent in Mankato

208 E Lewis St, Mankato, MN 56001

Affordable | Garage parking | Dishwasher

6 beds

2 baths

$2,500

House for rent

Available Jul 31

Top amenities

Garage Parking

Showing 1 - 25 of 25 results

Home > Apartments in Mankato > Mankato Cheap Apartments For Rent

Updated: June 21, 2026

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💸Lowest price	$1,024
🔑Available apartment rentals	25
💰Best rent deal	120 S 4th St
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🧦In-unit laundry
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