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Language: English

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call 507-353-2925
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Minnesota Blue Earth County Mankato Downtown Mankato Cherry Square

Cherry Square

500 S 2nd St, Mankato, MN 56001 Leasing Office: 931 Madison Ave, Mankato, MN 56001

3.0 (1 review)

Property Rating

3.0
Good
Out of 5

3.0 Blended Score

See all 1 Renter Reviews

How Is This Rating Determined?

Every community on Apartments.com features a rating displayed on a 5-star scale. This rating includes average renter review scores and a building rating to determine an overall blended score for this property.

Building ratings are based on this community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

2 Weeks Ago
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507-353-2925
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  • Monthly Rent

    $995 - $1,295

    Plus Fees

  • Bedrooms

    1 - 2 bd

  • Bathrooms

    1 ba

  • Square Feet

    526 - 750 sq ft

Cherry Square
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Cherry Square is located in the heart of the downtown entertainment district in Mankato. This one bedroom, one bath apartment has been fully remodeled. Complete with new vinyl flooring, kitchen cabinets, fixtures, and granite countertops, new bathroom vanities, shower surrounds and fixtures, along with new heaters, lighting and ceiling fans in all units. Security building with elevator access and assigned parking. Tenants pay electric (including heat). Water/sewer/garbage, internet and basic cable included in rent. One pet (cat or small dog under 20 pounds) considered with additional deposit and monthly pet fee. 12 month lease preferred, but would consider 6 or 9 month option. Background and credit check, and rental references required, application fee per adult tenant.

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Highlights

  • Controlled Access
  • Elevator

Pricing & Floor Plans

filter results by bedrooms
1 Bedroom $995 – $1,025 Plus Fees Available Now
1 Bed 1 Bath 526 Sq Ft
2 Bedroom $1,295 Plus Fees Available Soon
2 Beds 1 Bath 750 Sq Ft
1 Bedroom $995 – $1,025 Plus Fees Available Now
1 Bed 1 Bath 526 Sq Ft
2 Bedroom $1,295 Plus Fees Available Soon
2 Beds 1 Bath 750 Sq Ft
* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

  • One-Time Basics
    • Due at Application
      • Application Fee Per Applicant
        Charged per applicant.
        $30
  • Dogs
    20 lbs. Weight Limit
    Comments
    2 pets
    Read More Read Less
  • Cats
    20 lbs. Weight Limit
    Comments
    2 pets
    Read More Read Less
  • Surface Lot
  • Covered

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Details

Utilities Included

  • Water
  • Trash Removal
  • Sewer
  • Cable
  • Internet

Lease Options

  • 6, 9, or 12 months

Property Information

  • Built in 1950
  • 3838 units/3 stories

About Cherry Square

Cherry Square is located in the heart of the downtown entertainment district in Mankato. This one bedroom, one bath apartment has been fully remodeled. Complete with new vinyl flooring, kitchen cabinets, fixtures, and granite countertops, new bathroom vanities, shower surrounds and fixtures, along with new heaters, lighting and ceiling fans in all units. Security building with elevator access and assigned parking. Tenants pay electric (including heat). Water/sewer/garbage, internet and basic cable included in rent. One pet (cat or small dog under 20 pounds) considered with additional deposit and monthly pet fee. 12 month lease preferred, but would consider 6 or 9 month option. Background and credit check, and rental references required, application fee per adult tenant.

Cherry Square is an apartment community located in Blue Earth County and the 56001 ZIP Code. This area is served by the Mankato Public attendance zone.

Contact

Property Address: 500 S 2nd St, Mankato, MN 56001
Leasing Office: 931 Madison Ave, Mankato, MN 56001
Language: English
Open By Appointment Today
  • Monday - Friday, 9am - 5pm
  • Saturday & Sunday, By Appointment
Property Management Company Logo

Community Amenities

Laundry Facilities

Elevator

Controlled Access

Community-Wide WiFi

  • Community-Wide WiFi
  • Laundry Facilities
  • Controlled Access
  • Renters Insurance Program
  • Key Fob Entry
  • Elevator

Apartment Features

Air Conditioning

High Speed Internet Access

Granite Countertops

Microwave

  • High Speed Internet Access
  • Wi-Fi
  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Smoke Free
  • Security System
  • Sprinkler System
  • Granite Countertops
  • Kitchen
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Freezer
  • Vinyl Flooring
Location Get Directions
Schools Restaurants Groceries Coffee Banks Shops Fitness
Amenities
  • Community-Wide WiFi
  • Laundry Facilities
  • Controlled Access
  • Renters Insurance Program
  • Key Fob Entry
  • Elevator
  • High Speed Internet Access
  • Wi-Fi
  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Smoke Free
  • Security System
  • Sprinkler System
  • Granite Countertops
  • Kitchen
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Freezer
  • Vinyl Flooring
Expenses
Recurring
Cat Rent $30
Dog Rent $30
One-Time
Cat Fee $0
Cat Deposit $300
Dog Fee $0
Dog Deposit $300
Utilities Included
Water, Trash Removal, Sewer, Cable Included
Office Hours
Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm
Saturday By Appointment
Sunday By Appointment
507-353-2925
City - Mankato

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.

Learn more about living in Mankato 
Education
Colleges & Universities Distance
Colleges & Universities Distance
Minnesota State University
Drive: 4 min 1.7 mi
Gustavus Adolphus College
Drive: 20 min 13.5 mi
Cherry Square is within 4 minutes or 1.7 miles from Minnesota State University. It is also near Gustavus Adolphus College.
Schools
  • Public Schools
  • Private Schools
Washington Elementary
Public Elementary School
Grades K-5
376 Students
Attendance Zone
Special Education
Public Elementary, Middle & High School
Grades PK-12
267 Students
Nearby
Futures Program
Public Elementary, Middle & High School
Grades K-12
33 Students
Nearby
Prairie Winds Middle School
Public Middle School
Grades 6-8
954 Students
Attendance Zone
Mankato East Senior High
Public High School
Grades 9-12
1,293 Students
Attendance Zone
Grace Christian School
Private Elementary, Middle & High School
Grades K-11
35 Students
Nearby
Immanuel Lutheran School
Private Elementary, Middle & High School
Grades K-12
131 Students
Nearby
Sts. Peter - Paul Elementary School
Private Elementary School
Grades K-3
Nearby
Fitzgerald Campus Loyola Catholic School
Private Elementary & Middle School
Grades 4-8
235 Students
Nearby
School data provided by The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.

View GreatSchools Rating Methodology


Data provided by GreatSchools.org © 2025. All rights reserved.
Transportation
Very Walkable
87
Walk Score®
Out of 100
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Minimal Transit
0
Transit Score®
Out of 100
Very Bikeable
79
Bike Score®
Out of 100
This area is very Bikeable. You’ll find a variety of bike paths and lanes.
-
-
Soundscore™
Out of 100

Traffic:

-

Airport:

-

Businesses:

-

Score provided by

Scores provided by  and

Score provided by

Points of Interest

Time and distance from Cherry Square.

Shopping Centers Distance
Shopping Centers Distance
Riverfront Center
Walk: 13 min 0.7 mi
Madison Square
Drive: 3 min 1.1 mi
Stadium Centre
Drive: 5 min 2.0 mi
Cherry Square has 3 shopping centers within 2.0 miles, which is about a 5-minute drive. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
Rasmussen Woods-Elk's Nature Center
Drive: 4 min 1.9 mi
Mount Kato
Drive: 7 min 3.2 mi
Minneopa State Park
Drive: 7 min 4.6 mi
Cherry Square has 3 parks within 4.6 miles, including Rasmussen Woods-Elk's Nature Center, Mount Kato, and Minneopa State Park.
Hospitals Distance
Hospitals Distance
Mayo Clinic Health System - Mankato
Drive: 3 min 1.4 mi
Cherry Square is 1.4 miles and a 3 minute drive from Mayo Clinic Health System - Mankato.
Military Bases Distance
Military Bases Distance
Fort Snelling Military Reservation
Drive: 103 min 80.3 mi
Cherry Square is 80.3 miles and a 103 minute drive from Fort Snelling Military Reservation.
 
 

Property Ratings at Cherry Square

How Is This Rating Determined? How Is This Rating Determined? Every community on Apartments.com features a rating displayed on a 5-star scale. This rating includes average renter review scores and a building rating to determine an overall blended score for this property.

Building ratings are based on this community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
3.0
Good
Out of 5

3.0 Blended Score

1 Renter Review

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10/15/19
Complete Shame!

My brother just moved into a unit here and I am appalled at the condition! He had to move out of his old place because the building was closing. Due to his work schedule and commute being the bus line, his options were limited. The building itself is an old motel that was converted to apartments. His unit was so filthy dirty upon move it that he couldn't even unpack anything for the kitchen because the cabinets were so nasty. The trim around the door was falling off, the screen for the window isn't secure, the chain for the front door is barely attached, It appears it was recently painted and there is paint drips all over the flooring, and the previous tenant couldn't disconnect their cable so they just cut the cable so my brother can't even get cable without paying for repairs. And that is just a few of the issues! How is this even legal to rent to someone!!!! This is literally one step away from living on the street! I HAVE to find him some place else to live.

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Cherry Square Photos

  • Cherry Square

Frequently Asked Questions
Does Cherry Square have in-unit laundry?

While Cherry Square does not provide in‑unit laundry, on‑site laundry facilities are available for shared resident use.

What utilities are included in rent at Cherry Square?

Select utilities are included in rent at Cherry Square, including water, trash removal, sewer, cable, and internet. Residents are responsible for any other utilities not listed.

Which floor plans are available, and what are the price ranges?

Cherry Square has one to two-bedrooms with rent ranges from $995/mo. to $1,295/mo.

Is Cherry Square pet-friendly?

Yes, Cherry Square welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.

How much income do I need to rent at Cherry Square?

A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $995 for a one-bedroom, you would need to earn about $36,000 per year to qualify. Want to double-check your budget? Try our Rent Affordability Calculator to see how much rent fits your income and lifestyle.

Does Cherry Square have move-in specials?

Cherry Square is not currently offering any rent specials. Check back soon, as promotions change frequently.

Does Cherry Square offer Matterport 3D tours?

While Cherry Square does not offer Matterport 3D tours, renters can request a tour directly through our online platform.

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What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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What is a Sound Score Rating?

A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources

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500 S 2nd St

Mankato, MN 56001

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