Apartments for Rent in Mankato MN
421 Rentals Available
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1 Bed$1,946+2 Beds$2,090+3 Beds$2,380+Total Monthly Price11 Month LeaseTotal Monthly Price NewPrices include required monthly fees of $1,021.Base Rent:1 Bed$925+2 Beds$1,069+3 Beds$1,359+
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1 Bed$1,2342 Beds$1,334+3 Beds$1,534Total Monthly PriceTotal Monthly Price NewPrices include required monthly fees of $39.Base Rent:1 Bed$1,1952 Beds$1,295+3 Beds$1,495Specials
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Plus Fees1 Bed$1,074+
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Plus Fees2 Beds$1,4253 Beds$1,575
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Total Monthly Price New1 Bed$1,0962 Beds$1,261+Total Monthly Price12 Month LeasePrices include required monthly fees of $11.Base Rent:1 Bed$1,0852 Beds$1,250+
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Total Monthly Price NewStudio$1,0701 Bed$1,3302 Beds+$1,315+Total Monthly Price12 Month LeasePrices include required monthly fees of $15.Base Rent:Studio$1,0551 Bed$1,3152 Beds+$1,300+
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Mankato Market Snapshot
Average 1-Bedroom Rent is $1,137/mo
Up 3% From Last Year
View More Mankato Rent Insights -
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Total Monthly Price New2 Beds$1,261+Total Monthly Price12 Month LeasePrices include required monthly fees of $11.Base Rent:2 Beds$1,250+
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Total Monthly Price New1 Bed$1,454+Total Monthly PricePrices include required monthly fees of $55.Base Rent:1 Bed$1,399+
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Total Monthly Price New2 Beds$1,065Total Monthly PricePrices include required monthly fees of $15.Base Rent:2 Beds$1,050
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1 Bed$1,650+2 Beds$1,850+Total Monthly Price12 Month LeaseTotal Monthly Price NewPrices include all required monthly fees.
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Showing 40 of 132 Results - Page 1 of 4
Explore Rent Prices Near Mankato, MN
Mankato, MN’s average rent price is $1,302 per month. Compare rent prices and available listings in nearby cities to find better value or more options that fit your budget.
| Average Rent | |
|---|---|
| North Mankato | $1,207 |
Average Monthly Rent is calculated using the average rent of active one-bedroom apartment listings.
Mankato, MN Apartments for Rent
Located along the Minnesota River, Mankato combines small-city charm with the energy of a college town. As home to Minnesota State University, the city offers both peaceful residential areas and lively entertainment districts. Outdoor enthusiasts can explore Sibley Park's riverside trails, while music lovers gather at the Vetter Stone Amphitheater for seasonal performances. Downtown Mankato preserves its historic character with local businesses, while River Hills Mall provides additional shopping options. The rental market remains strong, with one-bedroom apartments renting for $1,082, reflecting a 3.4% annual increase, while two-bedroom units average $1,232.
Mankato's housing landscape spans 20 square miles, featuring apartment communities near campus and established residential neighborhoods throughout the city. Minnesota State University, the state's second-largest university, anchors the local economy and enriches community life. The city celebrates its heritage through preserved landmarks like the Blue Earth County Courthouse and the R.D. Hubbard House, while its parks system provides year-round recreational opportunities. The rental market accommodates various needs, with studio apartments averaging $963 and three-bedroom residences available at approximately $1,563 monthly.
Mankato, MN Rental Insights
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The cost of living in Mankato, MN is 5.8% lower than the national average. Daily expenses like housing, groceries, and transportation generally cost less than in many other U.S. cities.
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To live comfortably in Mankato, MN as a single adult with no dependents, aim for a salary of at least $70,000 before taxes. Expect to spend about $8,472/year for groceries, $12,960 for goods and services, and $21,456/year for housing. To decide how much you should spend on rent, use our rent affordability calculator.
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You can find flexible rentals in Mankato, MN by exploring short-term rentals for temporary stays or browsing furnished apartments for move-in ready options that save time and hassle.
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Tour apartments from your couch with Matterport 3D Tours. We have 421 Mankato apartments with virtual tours available. Walk through the apartment, view room layouts and get a feel for the space before an in-person tour.
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Mankato, MN has very few transit options. Residents typically rely on driving for daily needs.