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Apartments Under $500 in Mankato, MN

1 - 2 of 2 Results
5
$315 - 450
PER
BED
Highland Hills
1340 Warren St Mankato, MN
3 - 5 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Air Conditioning
In Unit Laundry
9
$495
102 S 5th St Unit 7
Mankato, MN
Studio | Jan. 1, 2025
Contact
1 - 2 of 2 Results

All Apartments in Mankato, MN

30 Results
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
9
$1,400
Southhaven
1125 Southhaven Drive Mankato, MN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Pool
19
$1,200 - 1,600
University Park
2001 Monks Avenue Mankato, MN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
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
8
$870 - 930
Hilltop Lane East & West
20-50 Hilltop Ln Mankato, MN
1 - 2 BR | Available Now
Contact
Heat Included
Income Restricted
Section 8
Air Conditioning
Balcony/Deck/Patio
25
$980
Sibley Park Apartments
3.8
410 Sibley Parkway Mankato, MN
2 BR | Available Now
Contact
Heat Included
Income Restricted
Section 8
Covered Parking
Fitness Center
14
$1,800 - 1,850
Wolf Point Townhomes
2325 Excel Dr Mankato, MN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
15
$1,680
Willow Creek Townhomes
4.0
Jace Drive Mankato, MN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Townhome
Air Conditioning
7
$1,850
Timberwolf Townhomes
211 Timberwolf Trail Mankato, MN
3 BR | Dec. 14, 2024
Contact
Luxury
Townhome
In Unit Laundry
Dishwasher
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
19
$1,270 - 1,620
Northgate Apartments
1010 Jace Dr Mankato, MN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
12
$1,350
Hiniker Pond Townhomes
Deal
151-179 W Lind St Mankato, MN
2 BR | Dec. 4, 2024
Contact
Dog Friendly
Cat Friendly
Townhome
Surface Parking
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 - 1,274
Ohana Apartments
2010 Prairie Rose Dr Mankato, MN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
$2,499
Pinnacle Bluffs
800 Pinnacle Path Mankato, MN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Fireplace
1
$1,224 - 1,324
Ohana Apartments
2040 Prairie Rose Dr Mankato, MN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Disability Access
2
$2,675
202 James Ave
Mankato, MN
5 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
$2,675
210 James Ave
Mankato, MN
5 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
15
$1,274 - 1,874
Silos Apartments
118 E Plum St Mankato, MN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$1,895
Indigo Crossing Townhomes
100 Partridge Path Mankato, MN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
1
$1,895
Fox Run Townhomes
940 Castle Pines Dr Mankato, MN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Fireplace
1
$1,895
Fox Run Townhomes
520 Castle Pines Dr Mankato, MN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Fireplace
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
14
$1,650
520 S 2nd St
Mankato, MN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Disability Access
15
$1,379
Sandpiper Townhomes
127 Sandpiper Dr Mankato, MN
2 BR | Available Now
Contact
Storage
Disability Access
10
$1,050
Skyway Property Holdings, Llc - (studio 5)
507 N Riverfront Dr Mankato, MN
Studio | Available Now
Contact
Air Conditioning
Storage
Dishwasher
10
$695
525 S Broad St Unit 3
Mankato, MN
1 BR | Available Now
Contact
1
$1,024
Parkway Apartments
101 Parkway Ave Mankato, MN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
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  2. Mankato
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Mankato, MN on Rentable.co?

There are 2 apartments under $500 in Mankato currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Mankato?

Rentable.co has 1 studio apartment under $500 available for rent in Mankato.

How many one-bedroom apartments under $500 are available in Mankato?

Rentable.co has 6 one-bedroom apartments under $500 available for rent in Mankato.

How many two-bedroom apartments under $500 are available in Mankato?

Rentable.co has 2 two-bedroom apartments under $500 available for rent in Mankato.

Can I afford a apartment under $500 in Mankato, MN?

To comfortably afford a apartment under $500 in Mankato based on average rent prices, a household would need an annual income of $20,000.

Apartments Under $500 in Mankato, MN: November Rental Information

Welcome to the November 2024 Mankato Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Mankato rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Mankato and surrounding areas. This summary also provides insights into available features and amenities, as well as location options for apartments under $500 in Mankato. Whether you are a student looking for an affordable apartment or someone on a tight budget, this report will give you valuable information to help you find your next rental in Mankato.
0 2 5 7 10 <$700 $740 $820 $900 $980 $1,060 $1,140 $1,220 $1,300 $1,380 $1,460 $1,540 $1,620 >$1,700

Available Apartments Under $500: Mankato vs. Surrounding Areas

In November 2024, there are a variety of affordable rental options available in Mankato, MN and its surrounding cities. According to the chart above, there are a total of 4 apartments under $500 in the Mankato, MN metro area. Some of the nearby cities where you can find these budget-friendly apartments include Minnesota Lake, Le Sueur, St Peter, Gaylord, Morristown, Eagle Lake, Janesville, Madelia, New Ulm, Madison Lake, Waseca, Waterville, North Mankato, Mapleton, Lake Crystal, Winnebago, St Clair, Kasota, Le Center, and Montgomery. These affordable rentals provide an excellent opportunity for individuals looking for an economical housing option in this area.

Apartments Under $500 Now vs. Last Month: Mankato and Surrounding Areas

City Apartments Under $500 in November M/M % Change
Mankato, MN 2 +1.36%
Winnebago, MN 1 +1.0%
Kasota, MN 0 +1.0%

Looking for Apartments Under $500 in Mankato?

Available apartments under $500 16
Top amenities Dishwasher, Online Payments, Online Community Portal, Off Street Parking, Pet Friendly Community
Pet friendly 7
Utilities included 7
3 Bedroom 3
4 Bedroom 2
5 Bedroom 2
Square footage 830 - 1,393
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