Apartments in 56001

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$1,345
Mankato, MN
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How much does it cost to rent an apartment in 56001?

56001 apartments
Bed Type Average Rent Range
Studio $1,220 $1,080 - $1,270
1BR $1,260 $750 - $1,580
2BR $1,580 $980 - $2,570
3BR $1,690 $1,200 - $2,400
4+BR $2,120 $1,540 - $2,680
Find an Apartment in 56001
Are you in search of apartments for rent in 56001, Mankato, MN? Great news! Rentable currently has 237 available units in the 56001 zip code. The average rent for apartments in this area is $1,520, with the lowest rent for a 1-bedroom floor plan starting at just $748.

56001, Mankato, MN offers a variety of apartment options to suit different budgets and preferences. Whether you're a student or a professional, you'll find a range of floor plans and rental prices to choose from. With 237 units available, you have plenty of options to find the perfect apartment that meets your needs.

Take advantage of this opportunity and explore the apartments for rent in 56001 on Rentable today. Find your ideal apartment and start enjoying the convenience and comfort of living in Mankato, MN. Don't miss out on the chance to call 56001 home!

Mankato:
February Rent Report

Welcome to the February 2026 Mankato Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2026 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
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
1 BR       2 BR

Mankato Rent Prices Decrease From January to February

Mankato rent prices decreased over the last month. From January to February, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Mankato one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from January to February, Mankato experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Mankato two-bedroom apartments currently stands at $.

February Prices: Mankato vs. Surrounding Areas

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 0 of the Mankato suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Mankato suburbs

  • Rents did not decrease in any of the Mankato suburbs.

February 2026 Pricing Trends: Mankato vs. National Comparisons

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 February 1 BR M/M % Change 2 BR February 2 BR M/M % Change

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.