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Apartments in Mankato

1 - 30 of 68 Results
5
$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
12
$1,295
Hiniker Pond Townhomes
Deal
151-179 W Lind St Mankato, MN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Surface Parking
In Unit Laundry
15
$1,740
Willow Creek Townhomes
4.0
Jace Drive Mankato, MN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Townhome
Air Conditioning
22
$600 - 1,300
PER
ROOM
Lofts @ 1633
1633 Monks Ave Mankato, MN
1 - 4 BR | Aug. 1, 2025
Contact
Dog Friendly
Cat Friendly
Student
Air Conditioning
In Unit Laundry
19
$1,200 - 1,450
University Park
2001 Monks Avenue Mankato, MN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
9
$1,400
Southhaven
1125 Southhaven Drive Mankato, MN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Pool
41
$680 - 720
PER
ROOM
College Town Mankato
1800 Pohl Rd Mankato, MN
3 - 5 BR | Aug. 1, 2025
Contact
Dog Friendly
Cat Friendly
Student
Luxury
Air Conditioning
1
$600 - 1,580
PER
ROOM
The Quarters at Mankato
630 Timberwolf Dr Mankato, MN
2 - 4 BR | Aug. 1, 2025
Contact
Dog Friendly
Cat Friendly
Student
Luxury
Air Conditioning
10
$900 - 930
Hilltop North & South
415 - 623 Belle Ave Mankato, MN
2 BR | Jan. 1, 2025
Contact
Heat Included
Section 8
7
$1,850
Timberwolf Townhomes
211 Timberwolf Trail Mankato, MN
3 BR | Available Now
Contact
House
In Unit Laundry
Dishwasher
19
$1,225 - 1,520
Northgate Apartments
1010 Jace Dr Mankato, MN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
8
$930 - 960
Hilltop Lane East & West
20-50 Hilltop Ln Mankato, MN
2 BR | Dec. 23, 2024
Contact
Heat Included
Income Restricted
Section 8
Air Conditioning
Balcony/Deck/Patio
16
$1,375 - 1,495
Cardinal Creek Apartments
5.0
111 Redtail Court Mankato, MN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
In Unit Laundry
22
$2,399
Stadium Courtyard
100 Blue Jay Trl Mankato, MN
4 BR | Jun. 1, 2025
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
$1,174
Ohana Apartments
2010 Prairie Rose Dr Mankato, MN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Disability Access
1
$2,675
210 James Ave
Mankato, MN
5 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$1,895
Indigo Crossing Townhomes
100 Partridge Path Mankato, MN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Dishwasher
1
$1,899
East Welcome Place
113 E Welcome Ave Mankato, MN
5 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
4
$1,650 - 2,100
1050 Marsh St
Mankato, MN
1 - 2 BR | Available Now
Contact
Balcony/Deck/Patio
Storage
Disability Access
Dishwasher
9
$495
102 S 5th St Unit 7
Mankato, MN
Studio | Jan. 1, 2025
Contact
7
$1,299
701 S Victory Dr Unit 8
Mankato, MN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
10
$1,395
107 Grove St Unit 4
Mankato, MN
2 BR | Feb. 1, 2025
Contact
Dishwasher
14
$2,250
31 Devonshire Pl
Mankato, MN
5 BR | Aug. 1, 2025
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
8
$1,525 - 1,625
Old Town Holdings, Llc (axis)
1247 Range St Mankato, MN
1 BR | Available Now
Contact
Dishwasher
1
$1,024
Parkway Apartments
101 Parkway Ave Mankato, MN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
25
$2,400
3032 Bluestem Trail, Unit 3032
Mankato, MN
4 BR | Apr. 1, 2025
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
10
$675
525 S Broad St Unit 3
Mankato, MN
1 BR | Available Now
Contact
6
$875
535 N 4th St Unit 1
Mankato, MN
2 BR | Feb. 1, 2025
Contact
1
$1,320 - 1,395
Augusta Park Estates 1 (c)
1690 Premier Dr Mankato, MN
1 BR | Jan. 10, 2025
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
9
$1,250
426 Commodore Dr Unit 426
Mankato, MN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
1 - 30 of 68 Results
  1. Home
  2. Mankato

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

Mankato Apartments
Bed Type Average Rent Range
Studio $1,050 $500 - $1,300
1BR $1,170 $680 - $1,740
2BR $1,270 $900 - $1,950
3BR $1,350 $1,150 - $2,300
4+BR $1,970 $1,410 - $2,680
Frequently Asked Questions

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

Rentable.co has over 1,054 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 $1,050 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 $1,170 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 $1,270 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 $1,270 per month, which is lower than the national average of $1,600 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 $42,000 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:
December Rent Report

Welcome to the December 2024 Mankato Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 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
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Mankato Rent Prices Increase From November to December

Mankato rent prices increased over the last month. From November to December, the city experienced a 0.56% increase for the price of a one-bedroom apartment. The rent price for a Mankato one-bedroom apartments currently stands at $1,260.0.

When we take a look at the two-bedroom comparison from November to December, Mankato experienced a 0.38% increase for the price of a two-bedroom apartment. The rent price for a Mankato two-bedroom apartments currently stands at $1,334.0.

December Prices: Mankato vs. Surrounding Areas

Mankato, MN
North Mankato, MN
$1,253
$965
$0
$450
$900
$1,350
$1,800
Median 1 BR Rent

Rent Prices in Mankato and Surrounding Areas

Rent prices have increased 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, 1 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

  • Rent decreased in North Mankato, MN.

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

December 2024 Pricing Trends: Mankato vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Mankato, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,253
$1,234
$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 on the rise. 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 December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Mankato, MN $1,253.0 5.56% $1,329.0 1.07%
North Mankato, MN $965.0 -0.72% $1,098.0 -1.79%

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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