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Apartments in Mankato

61 - 70 of 70 Results
1
$1,024
Quads Apartments
100 Bunting Ln Mankato, MN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
2
$1,024
318 East Walnut
318 E Walnut St Mankato, MN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
1
$974
Heather Lane Place (125)
125 Heather Ln Mankato, MN
2 BR | Available Now
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Storage
11
$1,150
Desirable Upper Level Apartment For A Group Of 3...
815 N 4Th St # 813 Mankato, MN
3 BR | Ask for Availability
Contact
In Unit Laundry
Dishwasher
1
$924
1616 South Riverfront
1616 S Riverfront Dr Mankato, MN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
0
$1,350
Bunting Lane Center - Three Bedroom; One Bath Apartment
311 Bunting Ln Mankato, MN
3 BR | Available Now
Contact
0
$1,350
Bunting Lane Center - Three Bedroom; One Bath Apartment
311 Bunting Ln Mankato, MN
3 BR | Available Now
Contact
Dishwasher
0
$1,350
Bunting Lane Center - Three Bedroom; One Bath Apartment
311 Bunting Ln Mankato, MN
3 BR | Available Now
Contact
Dishwasher
0
$2,295
Willow Cascades Townhomes
103 Everglades Trl Mankato, MN
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Dishwasher
0
$1,350
Bunting Lane Center - Three Bedroom; One Bath Apartment
311 Bunting Ln Mankato, MN
3 BR | Available Now
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61 - 70 of 70 Results
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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 $1,200 $690 - $1,720
2BR $1,350 $930 - $2,050
3BR $1,350 $1,130 - $2,430
4+BR $2,090 $1,600 - $2,680
Frequently Asked Questions

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

Rentable.co has over 1,033 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 $1,200 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 $1,350 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 $1,350 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:
November Rent Report

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 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
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Mankato Rent Prices Increase From October to November

Mankato rent prices increased over the last month. From October to November, the city experienced a 5.56% increase for the price of a one-bedroom apartment. The rent price for a Mankato one-bedroom apartments currently stands at $1,253.0.

When we take a look at the two-bedroom comparison from October to November, Mankato experienced a 1.06% increase for the price of a two-bedroom apartment. The rent price for a Mankato two-bedroom apartments currently stands at $1,329.0.

November Prices: Mankato vs. Surrounding Areas

Mankato, MN
North Mankato, MN
$1,187
$972
$0
$400
$800
$1,200
$1,600
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.

November 2024 Pricing Trends: Mankato vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Mankato, MN
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$1,187
$0
$1,400
$2,800
$4,200
$5,600
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 November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Mankato, MN $1,187.0 2.95% $1,315.0 -2.16%
North Mankato, MN $972.0 -0.51% $1,118.0 1.36%

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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