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Apartments in Mankato

1 - 30 of 66 Results
5
Highland Hills Apartment for rent in Mankato, MN
$315 - 930
PER BED
& UNIT
Highland Hills
1340 Warren St Mankato, MN
1 - 5 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Air Conditioning
In Unit Laundry
15
3D Tour
Willow Creek Townhomes Apartment for rent in Mankato, MN
$1,740
Willow Creek Townhomes
4.0
Jace Drive Mankato, MN
2 BR | Jun. 11, 2025
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Townhome
21
Homestead Apartments Apartment for rent in Mankato, MN
$950 - 1,050
Homestead Apartments
4.2
140 Homestead Rd Mankato, MN
2 BR | Available Now
Contact
Heat Included
Income Restricted
Section 8
Air Conditioning
Storage
22
Lofts @ 1633 Apartment for rent in Mankato, MN
$600 - 1,300
PER
ROOM
Lofts @ 1633
1633 Monks Ave Mankato, MN
1 - 4 BR | Aug. 1, 2025
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Dog Friendly
Cat Friendly
Student
Air Conditioning
In Unit Laundry
41
College Town Mankato Apartment for rent in Mankato, MN
$680 - 720
PER
ROOM
College Town Mankato
1800 Pohl Rd Mankato, MN
3 - 5 BR | Aug. 1, 2025
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Dog Friendly
Cat Friendly
Student
Luxury
Air Conditioning
10
Southhaven Apartment for rent in Mankato, MN
$1,400
Southhaven
1125 Southhaven Drive Mankato, MN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Pool
24
University Park Apartment for rent in Mankato, MN
$1,200 - 1,575
University Park
2001 Monks Avenue Mankato, MN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
The Quarters Mankato Apartment for rent in Mankato, MN
$695 - 735
PER
ROOM
The Quarters Mankato
630 Timberwolf Dr Mankato, MN
3 BR | Aug. 1, 2025
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Dog Friendly
Cat Friendly
Student
Luxury
Air Conditioning
12
3D Tour
Hilltop Lane East & West Apartment for rent in Mankato, MN
$870 - 960
Hilltop Lane East & West
20-50 Hilltop Ln Mankato, MN
1 - 2 BR | Available Now
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Heat Included
Virtual Tour
Income Restricted
Section 8
Air Conditioning
11
3D Tour
Hilltop North & South Apartment for rent in Mankato, MN
$900
Hilltop North & South
415 - 623 Belle Ave Mankato, MN
2 BR | Jun. 15, 2025
Contact
Heat Included
Virtual Tour
Section 8
16
Cardinal Creek Apartments Apartment for rent in Mankato, MN
$1,255 - 1,495
Cardinal Creek Apartments
5.0
111 Redtail Court Mankato, MN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Luxury
In Unit Laundry
14
3D Tour
Wolf Point Townhomes Apartment for rent in Mankato, MN
$1,965
Wolf Point Townhomes
2325 Excel Dr Mankato, MN
3 BR | Jul. 11, 2025
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
19
3D Tour
Northgate Apartments Apartment for rent in Mankato, MN
$1,570
Northgate Apartments
1010 Jace Dr Mankato, MN
2 BR | Jul. 21, 2025
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Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Surface Parking
22
Stadium Courtyard Apartment for rent in Mankato, MN
$1,599
Stadium Courtyard
100 Blue Jay Trl Mankato, MN
2 BR | Aug. 1, 2025
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Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
Ohana Apartments Apartment for rent in Mankato, MN
$1,284 - 1,384
Ohana Apartments
2040 Prairie Rose Dr Mankato, MN
1 - 2 BR | Available Now
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Dog Friendly
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Balcony/Deck/Patio
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0
Ohana Apartments Apartment for rent in Mankato, MN
$1,084 - 1,334
Ohana Apartments
2010 Prairie Rose Dr Mankato, MN
Studio - 2 BR | Available Now
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Cat Friendly
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Dishwasher
1
117 Cherry St Apartment for rent in Mankato, MN
$1,500
117 Cherry St
Mankato, MN
4 BR | Aug. 1, 2025
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
0
202 James Ave Apartment for rent in Mankato, MN
$2,250
202 James Ave
Mankato, MN
5 BR | Jul. 28, 2025
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Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
0
$1,800 - 2,675
210 James Ave
Mankato, MN
4 - 5 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
0
$1,024 - 1,324
Southwood Flats
504 James Ave Mankato, MN
1 - 2 BR | Aug. 1, 2025
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
1
$3,725
Bridge Plaza Apartments
201 N Riverfront Dr Mankato, MN
2 BR | Available Now
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Balcony/Deck/Patio
Dishwasher
7
$1,024
120 South Fourth
120 S Fourth St Mankato, MN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
11
$780 - 3,600
PER
ROOM
RentMSU
530 S Front St #100 Mankato, MN
1 - 8+ BR | Available Now
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Dog Friendly
Cat Friendly
Student
Air Conditioning
In Unit Laundry
10
$900
100 Glenwood Ave
Mankato, MN
Studio | Available Now
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Dog Friendly
Cat Friendly
Storage
18
$1,035
407 Glenwood Ave Unit 1
Mankato, MN
2 BR | Nov. 1, 2025
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Cat Friendly
Dishwasher
14
$1,295
229 Center St Unit 2
Mankato, MN
4 BR | Available Now
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Dog Friendly
Cat Friendly
1
$1,625
Augusta Park Estates 1 (c)
1690 Premier Dr Mankato, MN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
Storage
21
$2,295
251 Bunting Ln Unit 209
Mankato, MN
5 BR | Aug. 1, 2025
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Dog Friendly
Cat Friendly
Dishwasher
11
$1,300
112 S 5th St Unit Main
Mankato, MN
3 BR | Available Now
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Dog Friendly
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29
$1,525
161 Roosevelt Cir Unit 404
Mankato, MN
2 BR | Available Now
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1 - 30 of 66 Results
  1. Home
  2. Mankato

How much does it cost to rent an apartment in Mankato?

Mankato Apartments
Bed Type Average Rent Range
Studio $990 $820 - $1,100
1BR $1,120 $760 - $1,630
2BR $1,320 $960 - $1,940
3BR $1,660 $1,200 - $2,100
4+BR $1,730 $1,300 - $2,680
Frequently Asked Questions

How many apartments are available in Mankato, MN on Rentable.co?

Rentable.co has over 1,495 apartments available in Mankato.

What is the average rent for a studio apartment in Mankato, MN?

The average rent for a studio apartment in Mankato is around $990 per month.

What is the average rent for a one-bedroom apartment in Mankato, MN?

The average rent for a one-bedroom apartment in Mankato is around $1,120 per month.

What is the average rent for a two-bedroom apartment in Mankato, MN?

The average rent for a two-bedroom apartment in Mankato is around $1,320 per month.

How expensive is it to rent an apartment in Mankato, MN?

For a two-bedroom apartment in Mankato, the average rent price is $1,320 per month, which is lower than the national average of $1,640 per month.

Can I afford an apartment for rent in Mankato, MN?

Based on average rent prices in Mankato, to afford a studio apartment you would need an annual household income of $40,000 to live comfortably.

Find a Mankato Apartment

Tucked in between the Minnesota and Blue Earth Rivers, Mankato is a perfect picture of scenic Minnesota. Although the population is still just under 40,000, it is the fourth largest city in the entire state, not including those that are part of the Twin Cities metropolitan area. Like most of Minnesota, Mankato is home to some extreme weather, with summers that are warm, and winters that can get very chilly.

The Mayo Clinic Health System is the largest employer in Mankato, with more than 2,200 employees. Minnesota State University is not far behind with over 1,700 in its employ. Minnesota State University draws a large portion of the population to the town each year, as roughly 15,000 students attend annually.

When to Search

If you can avoid an apartment hunt during January and February in Mankato, you should certainly do so. The winter months tend to be cold in this part of the country, which means people are unlikely to try and move and create vacancies. Use the snow melting as a green light to get started on looking for an apartment.

Staying in the Know

Mankato landlords are fair, but don't think that you can just walk in and get any apartment you want. You need to prove through your interview and your application that you would be an extraordinary tenant. Having proof of good employment, a steady prior rental history, and excellent references are the best ways to achieve this.

Life in Mankato

Transportation

The city of Mankato operates a public transportation system that utilizes modern, efficient busses. Bike racks on the front help encourage more cyclists in this already bike-friendly city. If you need to commute to cities outside the immediate vicinity of Mankato though, you would be well served by having a car in the town.

Where to play

The largest congregation of shops in the Mankato area comes at the River Hills Mall, which is also home to a large local movie theatre. As with much of the state, outdoor recreation is vital in Mankato. The city is surrounded by bike routes, and the city's location on the rivers make it an ideal launching point for boating activities, including white water rafting.

Search Cities Near Mankato, MN

North Mankato, MN
Eagle Lake, MN
St. Peter, MN
Le Sueur, MN

Campuses Nearby

Minnesota State University-Mankato

Mankato:
June Rent Report

Welcome to the June 2025 Mankato Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2025 key findings and figures for the Mankato rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Mankato and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Mankato average rent prices in the chart below.

Monthly Rent Report

$1,450
$1,090
$730
$360
$0
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
1 BR       2 BR

Mankato Rent Prices Decrease From May to June

Mankato rent prices decreased over the last month. From May to June, the city experienced a -0.53% decrease for the price of a one-bedroom apartment. The rent price for a Mankato one-bedroom apartments currently stands at $1,124.0.

When we take a look at the two-bedroom comparison from May to June, Mankato experienced a 1.52% increase for the price of a two-bedroom apartment. The rent price for a Mankato two-bedroom apartments currently stands at $1,338.0.

June Prices: Mankato vs. Surrounding Areas

St Peter, MN
Mankato, MN
North Mankato, MN
$1,152
$1,130
$909
$0
$400
$800
$1,200
$1,600
Median 1 BR Rent

Rent Prices in Mankato and Surrounding Areas

Rent prices have decreased in Mankato over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Mankato suburb increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in St Peter, MN .

  • Rent decreased in North Mankato, MN.

  • 1 suburb is currently priced higher than the city of Mankato.

  • 1 suburb is currently priced lower than the city of Mankato.

June 2025 Pricing Trends: Mankato vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Pittsburgh, PA
Minneapolis, MN
Mankato, MN
$4,101
$3,197
$2,350
$2,316
$1,870
$1,341
$1,263
$1,247
$1,130
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Mankato Rent Prices More Affordable Than Major Cities

Rent growth in Mankato over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Mankato average rent prices appear to be relatively affordable for local residents.

The price for a Mankato one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Mankato and surrounding area rent prices, take a look at the complete data set below.

Data set for Mankato and suburbs

1 BR June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
Mankato, MN $1,130.0 -1.40% $1,318.0 0.61%
North Mankato, MN $909.0 -2.99% $989.0 -0.60%
St Peter, MN $1,152.0 1.68% $1,233.0 -4.79%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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