242 Belgrade Ave

Apartment
1 bed
1 bath
642-661 sqft
Cats & dogs OK
In-unit laundry

About 242 Belgrade Ave

242 Belgrade is a brand new mixed-use development in the heart of lower North Mankato, located steps from Belgrade Avenue with easy access to restaurants, bars, shopping, and Highway 169. These modern one-bedroom units range from approximately 620 to 661 sq ft and feature an open-concept layout, private balcony, in-unit washer/dryer, and upscale finishes throughout, including maple cabinetry, quartz countertops, luxury vinyl plank flooring, and matte black fixtures.

Dedicated tenant parking is available on the north side of the building with permits issued to all tenants. Limited private garages are also available on-site for an additional monthly cost. Contact us for availability.

Landlord pays internet. Tenants pay all other utilities, including electric heat. Application fee and background/credit check/rental references required.

We are proud to offer deposit-free living to qualified renters through Obligo.

Equal Housing Opportunity. Amenities: In Unit Washer and Dryer, Security Building, Dishwasher, Central Air, New Construction, Close to Restaurants. Amenities: Range/Oven. Heating: forced air.
11 days on RentalSource
RentalSource last checked: 21 hours ago · Listing updated: October 25, 2026
Managed by: Factor Property Management · (507) 564-4172 ·
Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type: Apartment
Rental Fee: $1,395
Bedrooms: 1 bed
Bathrooms: 1 bath
Size: 642-661 sqft
Pets: Cats & dogs
Laundry: In unit
Parking: Garage
Available: December 15, 2026
ID: 84607729

Amenities

  • Washer/Dryer In Unit
  • Air Conditioning
  • Parking
  • Dishwasher
  • Balcony/Patio
  • Granite/Quartz Countertops
  • High-Speed Internet
  • Refrigerator
  • Vinyl/Laminate Floors

Unit Rates

Name Beds Baths Sqft Rent
209 1 1 661 $1,395
207 1 1 642 $1,395

Leasing Information

Lease term: 12 months. Photos are an example of similar units within the building, actual unit may vary. Availability and pricing can change daily and vary by lease term. Please contact us to schedule a showing.
Fees
  • Security deposit $1,395 (mandatory, refundable, move-in).

Additional Details

This 1-bedroom, 1-bathroom apartment at 242 Belgrade Ave in North Mankato, MN 56003 rents for $1,395 a month. It has 642 to 661 square feet and is pet friendly. 242 Belgrade Ave was advertised by Factor Property Management on October 17, 2026.

Affordability Calculator

Can I afford to live at 242 Belgrade Ave?
Bedrooms
1 bedroom
30%
10% Recommended 50%
Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.
Recommended income
$55,800 /year
With your chosen rent-to-income ratio, an annual income of $55,800 is recommended to comfortably afford this 1-bedroom rental priced at $1,395 per month.
For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.
Apartment for rent
$1,395
Deposit $1,395 · All fees
Interested in 242 Belgrade Ave?
Find out more about this property & see if it's available now.
Property managed by:
(507) 564-4172 · View all 33 rentals
Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.
242 Belgrade Ave, North Mankato, MN 56003
Apartment for rent
$1,395
Deposit $1,395 · All fees
Interested in 242 Belgrade Ave?
Find out more about this property & see if it's available now.
Property managed by:
(507) 564-4172 · View all 33 rentals
Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.
$1,395
Apartment for rent
1 of 6
242 Belgrade Ave, North Mankato, MN 56003 - Apartment for Rent - Image 1
242 Belgrade Ave, North Mankato, MN 56003 - Apartment for Rent - Image 2
242 Belgrade Ave, North Mankato, MN 56003 - Apartment for Rent - Image 3
242 Belgrade Ave, North Mankato, MN 56003 - Apartment for Rent - Image 4
242 Belgrade Ave, North Mankato, MN 56003 - Apartment for Rent - Image 5
242 Belgrade Ave, North Mankato, MN 56003 - Apartment for Rent - Image 6

Ask About 242 Belgrade Ave

242 Belgrade Ave, North Mankato, MN 56003 - Apartment for Rent

Similar Apartments in 56003

Discover Nearby Apartments

What's New on the Blog

Explore recent posts on our blog, curated for renters, landlords, and industry pros.

List Your Property for Rent

Are You a Rental Professional?

Advertise on RentalSource, Zillow, Realtor.com, Zumper and more to attract quality tenants faster and take your listings to the next level.