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Apartments Under $500 in Mankato, MN

1 - 1 of 1 Result
5
Highland Hills Apartment for rent in Mankato, MN
Highland Hills Apartment for rent in Mankato, MN
$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
1 - 1 of 1 Results

All Apartments in Mankato, MN

30 Results
21
University Park Apartment for rent in Mankato, MN
University Park Apartment for rent in Mankato, MN
$1,200 - 1,575
University Park
2001 Monks Avenue Mankato, MN
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
10
Southhaven Apartment for rent in Mankato, MN
Southhaven Apartment for rent in Mankato, MN
$1,400
Southhaven
1125 Southhaven Drive Mankato, MN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Pool
22
Lofts @ 1633 Apartment for rent in Mankato, MN
Lofts @ 1633 Apartment for rent in Mankato, MN
$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
41
College Town Mankato Apartment for rent in Mankato, MN
College Town Mankato Apartment for rent in Mankato, MN
$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
The Quarters at Mankato Apartment for rent in Mankato, MN
$695 - 735
PER
ROOM
The Quarters at Mankato
630 Timberwolf Dr Mankato, MN
3 BR | Aug. 1, 2025
Contact
Dog Friendly
Cat Friendly
Student
Luxury
Air Conditioning
19
3D Tour
Northgate Apartments Apartment for rent in Mankato, MN
Northgate Apartments Apartment for rent in Mankato, MN
$1,225
Northgate Apartments
1010 Jace Dr Mankato, MN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Surface Parking
8
3D Tour
Hilltop Lane East & West Apartment for rent in Mankato, MN
Hilltop Lane East & West Apartment for rent in Mankato, MN
$870 - 960
Hilltop Lane East & West
20-50 Hilltop Ln Mankato, MN
1 - 2 BR | Available Now
Contact
Heat Included
Virtual Tour
Income Restricted
Section 8
Air Conditioning
10
3D Tour
Hilltop North & South Apartment for rent in Mankato, MN
Hilltop North & South Apartment for rent in Mankato, MN
$845 - 900
Hilltop North & South
415 - 623 Belle Ave Mankato, MN
1 - 2 BR | Available Now
Contact
Heat Included
Virtual Tour
Section 8
21
Homestead Apartments Apartment for rent in Mankato, MN
Homestead Apartments Apartment for rent in Mankato, MN
$1,050
Homestead Apartments
4.2
140 Homestead Rd Mankato, MN
2 BR | Available Now
Contact
Heat Included
Income Restricted
Section 8
Air Conditioning
Storage
25
3D Tour
Sibley Park Apartments Apartment for rent in Mankato, MN
Sibley Park Apartments Apartment for rent in Mankato, MN
$1,025
Sibley Park Apartments
3.8
410 Sibley Parkway Mankato, MN
2 BR | Available Now
Contact
Heat Included
Virtual Tour
Income Restricted
Section 8
Covered Parking
22
Stadium Courtyard Apartment for rent in Mankato, MN
Stadium Courtyard Apartment for rent in Mankato, MN
$1,599
Stadium Courtyard
100 Blue Jay Trl Mankato, MN
2 BR | Aug. 1, 2025
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
East Welcome Place Apartment for rent in Mankato, MN
$1,899
East Welcome Place
113 E Welcome Ave Mankato, MN
5 BR | Aug. 1, 2025
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
117 Cherry St Apartment for rent in Mankato, MN
$1,640
117 Cherry St
Mankato, MN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
1
202 James Ave Apartment for rent in Mankato, MN
$2,675
202 James Ave
Mankato, MN
5 BR | Aug. 1, 2025
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
Ohana Apartments Apartment for rent in Mankato, MN
$1,234 - 1,334
Ohana Apartments
2010 Prairie Rose Dr Mankato, MN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Disability Access
1
$1,800 - 2,675
210 James Ave
Mankato, MN
4 - 5 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$1,284 - 1,384
Ohana Apartments
2040 Prairie Rose Dr Mankato, MN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Disability Access
0
$1,024 - 1,324
Southwood Flats
504 James Ave Mankato, MN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
11
$780 - 3,600
PER
ROOM
RentMSU
530 S Front St #100 Mankato, MN
1 - 8+ BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Air Conditioning
In Unit Laundry
13
$1,719
James Place
324 James Ave Mankato, MN
4 BR | Aug. 1, 2025
Contact
Storage
Disability Access
Dishwasher
10
$900
100 Glenwood Ave
Mankato, MN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
7
$1,024
120 South Fourth
120 S Fourth St Mankato, MN
2 BR | May. 1, 2025
Contact
Dog Friendly
Cat Friendly
Storage
17
$1,435
226 Marcy St Unit Main/lower
Mankato, MN
3 BR | May. 15, 2025
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
1
$1,650 - 2,100
1050 Marsh St
Mankato, MN
1 - 2 BR | Available Now
Contact
Balcony/Deck/Patio
Storage
Disability Access
50
$1,925
221 Prairie Rose Dr Unit 221
Mankato, MN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
11
$1,395
914 N 5th St
Mankato, MN
3 BR | Apr. 1, 2025
Contact
Dog Friendly
Cat Friendly
House
15
$1,545
128 E Liberty St
Mankato, MN
4 BR | Aug. 1, 2025
Contact
Dog Friendly
Cat Friendly
House
8
$925
319 Warren St Unit 1/2
Mankato, MN
3 BR | Apr. 1, 2025
Contact
Dog Friendly
Cat Friendly
20
$1,945
306 Mound Ave
Mankato, MN
5 BR | Aug. 1, 2025
Contact
Dog Friendly
Cat Friendly
House
20
$1,445
161 Roosevelt Cir Unit 401
Mankato, MN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
  1. Home
  2. Mankato
  3. Apartments Under $500
Frequently Asked Questions

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

There is 1 apartment under $500 in Mankato currently available for rent on Rentable.co.

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

Rentable.co has 8 one-bedroom apartments under $500 available for rent in Mankato.

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

Rentable.co has 12 two-bedroom apartments under $500 available for rent in Mankato.

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

Welcome to the March 2025 Mankato Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2025 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 10 20 30 40 <$800 $820 $860 $900 $940 $980 $1,020 $1,060 $1,100 $1,140 $1,180 $1,220 $1,260 $1,300 $1,340 $1,380 $1,420 $1,460 $1,500 $1,540 $1,580

Available Apartments Under $500: Mankato vs. Surrounding Areas

In March 2025, 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 6 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 March M/M % Change
Mankato, MN 2 +0.91%
Kasota, MN 1 +0.8%
Winnebago, MN 1 +1.0%

Looking for Apartments Under $500 in Mankato?

Available apartments under $500 143
Top amenities Microwave, Cable Ready, High Speed Internet, Secured Entry, Student
Pet friendly 9
Utilities included 7
3 Bedroom 3
4 Bedroom 2
5 Bedroom 4
Square footage 830 - 1,393
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