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Apartments in Mankato

31 - 60 of 66 Results
1
214 James Ave Apartment for rent in Mankato, MN
$2,600
214 James Ave
Mankato, MN
5 BR | Jul. 29, 2025
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24
125 Roosevelt Cir Unit 208 Apartment for rent in Mankato, MN
$1,575
125 Roosevelt Cir Unit 208
Mankato, MN
2 BR | Available Now
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24
408 Holly Ln Unit 8 Apartment for rent in Mankato, MN
$1,750
408 Holly Ln Unit 8
Mankato, MN
3 BR | Jul. 21, 2025
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1
James Courtyard Apartment for rent in Mankato, MN
$2,169
James Courtyard
422 James Ave Mankato, MN
5 BR | Aug. 1, 2025
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8
221 N 5th St Unit Unit Apartment for rent in Mankato, MN
$1,400
221 N 5th St Unit Unit
Mankato, MN
4 BR | Available Now
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1
Parkway Apartments Apartment for rent in Mankato, MN
$824 - 1,024
Parkway Apartments
101 Parkway Ave Mankato, MN
Studio - 2 BR | Jul. 23, 2025
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29
161 Roosevelt Cir Unit 404 Apartment for rent in Mankato, MN
$1,525
161 Roosevelt Cir Unit 404
Mankato, MN
2 BR | Available Now
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11
112 S 5th St Unit Main Apartment for rent in Mankato, MN
$1,300
112 S 5th St Unit Main
Mankato, MN
3 BR | Available Now
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22
161 Roosevelt Cir Unit 213 Apartment for rent in Mankato, MN
$1,315
161 Roosevelt Cir Unit 213
Mankato, MN
1 BR | Available Now
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25
310 Fulton St Apartment for rent in Mankato, MN
$2,100
310 Fulton St
Mankato, MN
5 BR | Aug. 1, 2025
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8
Stadium Commons Townhomes Apartment for rent in Mankato, MN
$1,485
Stadium Commons Townhomes
400-629 S Skylark Trl Mankato, MN
3 BR | Available Now
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1
931 Madison Ave Apartment for rent in Mankato, MN
$2,000
931 Madison Ave
Mankato, MN
1 BR | Jun. 25, 2025
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50
221 Prairie Rose Dr Unit 221 Apartment for rent in Mankato, MN
$1,925
221 Prairie Rose Dr Unit 221
Mankato, MN
3 BR | Available Now
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6
1611 5th Ave Apartment for rent in Mankato, MN
$1,150
1611 5th Ave
Mankato, MN
1 BR | Available Now
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8
722 S Broad St Unit 2 Apartment for rent in Mankato, MN
$975
722 S Broad St Unit 2
Mankato, MN
1 BR | Aug. 1, 2025
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1
Skyway Property Holdings, Llc - (studio 5) Apartment for rent in Mankato, MN
$1,100
Skyway Property Holdings, Llc - (studio 5)
507 N Riverfront Dr Mankato, MN
Studio | Aug. 1, 2025
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9
426 Commodore Dr Unit 426 Apartment for rent in Mankato, MN
$1,300
426 Commodore Dr Unit 426
Mankato, MN
2 BR | Aug. 1, 2025
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8
804 N Broad St Unit 2 Apartment for rent in Mankato, MN
$750
804 N Broad St Unit 2
Mankato, MN
1 BR | Aug. 1, 2025
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7
701 S Victory Dr Unit 8 Apartment for rent in Mankato, MN
$1,249
701 S Victory Dr Unit 8
Mankato, MN
2 BR | Aug. 1, 2025
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14
229 Center St Unit 2 Apartment for rent in Mankato, MN
$1,295
229 Center St Unit 2
Mankato, MN
4 BR | Available Now
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17
407 Glenwood Ave Unit 1 Apartment for rent in Mankato, MN
$1,035
407 Glenwood Ave Unit 1
Mankato, MN
2 BR | Nov. 1, 2025
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1
$850
Dg Properties, Llc (dg)
521-523 N Riverfront Dr Mankato, MN
1 BR | Jul. 1, 2025
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1
$1,900
Shaolin Property 119 (sha119)
119 S 4th St Mankato, MN
4 BR | Available Now
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$2,395
New-willow Cascades Townhomes!
204 Everglades Trl Mankato, MN
3 BR | Jul. 1, 2025
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1
$3,725
Bridge Plaza
201 N Riverfront Dr Mankato, MN
2 BR | Available Now
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$1,200
Shaolin Property 204 Llc (sha204)
204 N 5th St Mankato, MN
2 BR | Available Now
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2
$1,024
224 Carroll
224 Carroll St Mankato, MN
2 BR | Jul. 1, 2025
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$1,475 - 1,995
M² Lofts
1050 Marsh St Mankato, MN
1 - 2 BR | Available Now
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$1,580 - 1,899
Augusta Park Estates 2 (e)
1691 Premier Dr Mankato, MN
1 - 2 BR | Jul. 1, 2025
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$1,425
Augusta Park Estates 4 (b)
1631 Premier Dr Mankato, MN
1 BR | Jun. 10, 2025
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31 - 60 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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