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Updated 26 minutes ago

501 N 5th St Unit 1/2


Mankato, MN

2 Bed
•
1 Bath

896 Sq. Ft.

Available starting Aug. 15th
Floor plans
2 Beds • 1 Bath
$1,075
896 ft2
1 Available
Managed By: avail
Upper 2 Bedroom Unit in Duplex
$1,075
Available Aug 15th, 2026
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501 N 5th St Unit 1/2
501 N 5th St Unit 1/2
501 N 5th St Unit 1/2
Fees & leasing info
Pets
Cats Ok
Lease & Fees
Security Deposit: $1,075.00
Property details
Description

Duplex home with upper level 2 bedroom, 1 bath unit available.  Separate side entrance & stairs. Unit has 2 large bedrooms, full bathroom and eat in kitchen. Living room overlooks front yard & downtown Mankato. Shared laundry facilities in the back of home. Shared patio out back with nice sized yard, sidewalk to garage (each unit gets 1 garage space) and overflow off street parking.  Street parking for guests out front. Small deck off side of the unit as well. Wide trim & charm of older well cared for property. Tenants pay electric, cable/internet and flat fee for water/sewer/trash. Boiler heat, wall/window ac (2 provided). Gas/Heat is included. Quiet centrally located property.  Zoned for no more than 2 un-related occupants.
Cat is permitted with additional non refundable fee & monthly pet rent, and no dogs are permitted. Application & background check required. *This property does not participate in Section 8*

Additional Details
Total Unit Count: 1
Last Updated: Updated 26 minutes ago
Contact Number: (507) 345-6518
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Charter Communications 940.0 35.0
LTD Broadband LLC 250.0 250.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
VSAT Systems, LLC 2.0 1.3
Data from June 2020 provided by the FCC
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Photos Floor Plans
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 501 N 5th St Unit 1/2 by bedroom type below.
2 Bedroom
Suggested income:
$38,700
per year
Rent report

501 N 5th St Unit 1/2 Rent vs. Mankato Average

 501 N 5th St Unit 1/2      Mankato Average
2BR
$1,075
$1,392
$0
$500
$1,000
$1,500
$2,000

501 N 5th St Unit 1/2 is asking 23% less than the average 2 bedroom apartment in Mankato.

If you upsized to an average priced Mankato 3 bedroom apartment, you would pay 19% more per month.

If you downsized to an average priced Mankato 1 bedroom apartment, you would pay 28% less per month.

501 N 5th St Unit 1/2 provides 11% less square footage than the average Mankato 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
501 N 5th St Unit 1/2
2BR $1,075 $1.20 $3,225
Mankato Average
Studio $1,177 $2.00 $3,530
1BR $1,086 $1.60 $3,259
2BR $1,392 $1.40 $4,176
3BR $1,728 $1.20 $5,184
4BR $2,122 $1.30 $6,366

Availability in Mankato

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 80 2BR units on the market in Mankato. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
1% 24% 38% 18% 11%
Available Units in Mankato
Studio 3
1BR 51
2BR 80
3BR 39
4BR 24
Location
Nearby College

Minnesota State University-Mankato

FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on August 15, 2026.
What's the square footage of the available units?
It's 896 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
501 N 5th St Unit 1/2 has a 2 bedroom unit starting at $1,075.
Where is this property located?
This property is at 501 N 5th St Unit 1/2 in Mankato, MN. It's 0.6 miles north from the center of Mankato.
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