Lewis Lofts
209 Dewey St,
Mankato, MN 56001
$451 - $1,182 Plus Fees
1-2 Beds | 12 Month Lease
Mankato
Mankato, MN
Area Guide
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.
Rent Trends
As of November 2025, the average apartment rent in Mankato, MN is $1,094 for a studio, $1,131 for one bedroom, $1,252 for two bedrooms, and $1,598 for three bedrooms. Apartment rent in Mankato has increased by 2.4% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,131/month
694 Sq Ft
House
$1,814/month
891 Sq Ft
Townhome
$1,889/month
1,464 Sq Ft
Cost of Living
The cost of living in Mankato, MN is 5.4% lower than the national average. Generally, housing in Mankato is 20.9% less expensive than the national average, with rent falling between $1,094 - $1,598. You can expect to pay 2.2% more for groceries, 0.7% less for utilities, and 3.1% less for transportation.
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Transportation
46
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
1
Minimal Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
57
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Schools
Public
Grades K-5
376 Students
Public
Grades PK-5
370 Students
Public
Grades K-5
333 Students
Public
Grades PK-5
414 Students
Public
Grades K-5
204 Students
Public
Grades 6-8
954 Students
Public
Grades PK-12
267 Students
Public
Grades 9-12
1,223 Students
Public
Grades 9-12
1,293 Students
Public
Grades PK-12
267 Students
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.
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.
Points of Interest
Shopping Centers
Parks and Recreation
- Rasmussen Woods-Elk's Nature Center
- Mount Kato
- Minneopa State Park
- Linnaeus Arboretum
Military Bases
Top Apartments in Mankato
Houses for Rent in Mankato
Property Management Companies in Mankato, MN
INH Property Management
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87
Communities
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6,396
Units
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50
Cities
4 Communities in Mankato
Michael Development
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16
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1,344
Units
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13
Cities
2 Communities in Mankato
MBG
-
18
Communities
-
1,397
Units
-
10
Cities
2 Communities in Mankato
Campus Advantage
-
29
Communities
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6,815
Units
-
24
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1 Community in Mankato
Prairie Lakes Management
-
23
Communities
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2,760
Units
-
23
Cities
1 Community in Mankato
Cohen-Esrey Property Management
-
20
Communities
-
4,200
Units
-
16
Cities
1 Community in Mankato
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.