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Updated 3 days ago

Homestead Apartments

VERIFIED

140 Homestead Rd Mankato, MN

4.2 4 reviews
2 Bed
1 Bath

880 Sq. Ft.

Available Now
1 Bed • 1 Bath
$Ask
654 ft2
0 Available

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1 Bedroom - Project Based Section 8 (Rent based on 30% of income)
$Ask
Rented
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2 Beds • 1 Bath
$875 - $945
880 ft2
1 Available

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Two Bedroom - Tax Credit
$875+
Available Now
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3 Beds • 1 Bath
$1,095
1032 ft2
0 Available

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Three Bedroom market rate
$1,095
Rented
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3 Beds • 1 Bath
$1,050
1054 ft2
0 Available

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Three Bedroom - Tax Credit
$1,050
Rented
View
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
44
Car-Dependent
Bike Score®
77
Very Bikeable
Amenities
On-site Laundry
Heat Included
Air Conditioning
Storage
Refrigerator
Trash Removal Included
On Bus Line
Water Included
Large Closets
Sewer Included
Smoke-free Community
Online Payments
Section 8
Playground
24-hour Maintenance
Secured Entry
Recently Renovated
Bath Tub
High-speed Internet
Cable-ready
Freezer
Range / Oven
Dining Room
Living Room
Carpet
Income Restricted
Fees & leasing info
Parking
Off-street Parking
Lease & Fees
Security Deposit: $500 or Equal to One Month Rent (depends on unit type)
Lease Length: 12 Month
Property details
Description

Many units have been recently updated and you're not going to want to miss out! Contact Melissa today to find out how you can secure one for yourself!

Homestead is a great place to call home. It's located on the bus route and within walking distance to many convenience stores, laundromats, and restaurants.

We have one, two, and three bedroom options with on-site laundry and off-street parking. We gladly accept Section 8 Vouchers (select units) as well as offer subsidized options (income based rent).

For market and Tax Credit units, a $35 per adult application fee and security deposit equal to one month of rent is due at time of application. For Section 8 units, a security deposit equal to one month of rent is due at time of move in.

Please note: Specific student rules apply. At least one member of each household must NOT be a full time student. Please call Kim for details.

Additional Details
Total Unit Count: 1
Last Updated: Updated 3 days ago
Contact Number: (507) 625-8550
Property manager information
Lloyd Management, Inc.
135 West Lind Street, Mankato, MN 56001
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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
Consolidated Communications, Inc. 20.0 1.0
Data from June 2020 provided by the FCC
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Reviews
Homestead Apartments
4.2
4 reviews
I share a two bedroom with my daughter its very comfortable, cozy and affordable Kim is awesome and she is very reasonable with her...
Read More
I live there
Our two sons live here. Excellent on-site manager (Kathy). Any problems get solved quickly.
Photos Floor Plans Amenities Reviews
About Homestead Apartments
Welcome to Homestead Apartments, managed by Lloyd Management, Inc. This apartment complex is conveniently located at 100-150 Homestead Road in the bustling city of Mankato, Minnesota. Homestead Apartments offer a range of floor-plan options to suit your needs, including 1 bedroom, 2 bedrooms, and 3 bedrooms.

These well-maintained units attract attention with their recent updates, ensuring a comfortable living experience. Enjoy the convenience of various amenities such as heat and water included, air conditioning, on-site laundry facilities, and extra storage space. Forget about searching for parking spots as Homestead Apartments provide off-street parking.

With its location on the bus line, getting around town is a breeze. In addition, this complex is within walking distance to numerous convenience stores, laundromats, and restaurants, making everyday errands a breeze.

For students attending Minnesota State University-Mankato, Homestead Apartments provide a practical and comfortable living option. However, please note that specific student rules apply. At least one member of each household must NOT be a full-time student. Contact Kim, our property manager, for further details.

At Homestead Apartments, we strive to accommodate a diverse range of residents. We accept Section 8 Vouchers for select units and also offer subsidized options for income-based rent. Please keep in mind that a $25 per adult application fee and a security deposit of $500 are required at the time of application.

Don't miss out on this fantastic opportunity to secure a unit at Homestead Apartments. Contact Kim today to learn more about the application process and to schedule a tour of your potential new home.
Schools
Data provided by GreatSchools
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.
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 Homestead Apartments by bedroom type below.
2 Bedroom
Suggested income:
$31,500
per year
Rent report

If you upsized to an average priced Mankato 2 bedroom apartment, you would pay 23% more per month.

If you downsized to an average priced Mankato studio apartment, you would pay 3% less per month.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Mankato Average
Studio $995 $1.70 $2,985
1BR $1,024 $1.70 $3,073
2BR $1,328 $1.20 $3,985
3BR $1,599 $1.00 $4,797
4BR $2,112 $1.10 $6,335

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 97 2BR units on the market in Mankato. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
2% 17% 42% 17% 14%
Available Units in Mankato
Studio 4
1BR 38
2BR 97
3BR 39
4BR 32
Location
Nearby College
Nearby Hospitals
Name Distance
Mayo Clinic Health Sys Mankato 1.01 mi.
Rivers Edge Hospital & Clinic 13.84 mi.
Ridgeview Lesueur Medical Center 21.34 mi.
Nearby Fire Stations
Name Distance
Mankato Fire Department 1.32 mi.
Blue Earth Fire & Rescue 2.35 mi.
North Mankato Fire Department 2.52 mi.
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 now.
What's the square footage of the available units?
It's 880 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
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?
Homestead Apartments has a 2 bedroom unit starting at $875.
Where is this property located?
This property is at 140 Homestead Rd in Mankato, MN. It's 0.7 miles south from the center of Mankato.
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