Homes & Apartments for Rent in Mankato, MN - 55 Rentals

Townhouse for rent at 103 Everglades Trail, Mankato, MN 56001

Welcome to Fox Run Townhomes, presented by Fox Run Townhomes. We have several units available for lease. For more information and to schedule a showing, please contact us. Central A/C, Patio, Electric Stove, Laundry in Unit, Near Mankato Golf Club, Fireplace, Smoke-Free, Two Car Gargage, Granite Counters, Large Primary Suite, 2 Baths, Storage, 2 Living Rooms, Attached Garage, Two-Car Garage, Near Golf Club, Yes, Resident Benefits & Granite counters. Pet Friendly.

Apartment for rent at 1620 Village Court, Mankato, MN 56003

Updated - yesterday

Managed by Atwood Management

$899 - $1,174

Apartment1-2 Beds1 Bath728-848 ft²

1620 Village Court

Mankato, MN 56003

Get One Month Rent Free. Village Court features beautifully renovated one and two bedroom apartments, many with balconies. Located in the heart of Upper North Mankato, you'll enjoy access to shops, restaurants, gas stations, cafes and more. You're going to love calling Village Court Apartments home. Submit your application within 24 hours of your showing and get one month's rent free. Application must be approved, lease signed and account in good standing at move-in before credit is applied.

Apartment for rent at 304 N 2nd St, Mankato, MN 56001

Updated - 3 days ago

Managed by Atwood Management

$1,374 - $1,874

Apartment1-2 Beds1-2 Baths693-1,071 ft²

304 N 2nd St

Mankato, MN 56001

Introducing the Silos Apartments - a beacon of contemporary living set to grace downtown Mankato's skyline in Fall 2024. Boasting an exquisite collection of 1 and 2 bedroom apartments, this luxurious abode embodies the perfect blend of comfort and sophistication. Each meticulously designed apartment features premium finishes that define modern elegance. Every detail has been thoughtfully curated to create an ambiance of refined living. Residents will relish in the tranquility of their private balconies, offering panoramic views of the bustling cityscape below.

Updated - yesterday

Managed by Atwood Management

$1,234 - $1,334

Apartment1-2 Beds1 Bath554-954 ft²

2010 Prairie Rose Dr

Mankato, MN 56001

Brand new apartment community situated just down the street from Mankato's new middle school and across the street from Kwik Trip. Each apartment features stainless steel appliances, open concept kitchen/living areas, private patio/balcony and upgrades throughout. The property features lots of common area space and storage rooms, an elevator and has ample off street parking. You'll enjoy the close proximity to all Mankato has to offer. You're going to love calling Ohana home. Elevator, Smoke Free, Off-Street Permit Parking, Refrigerator, Stove, Dishwasher, Microwave, Smoke-Free, Resident Benefits, Water, Sewer, Trash, Recycling, Washer, Dryer & Balcony/Patio. Pet Friendly.

Updated - yesterday

Managed by Landmark Manager

$1,800 - $2,675

Apartment4-5 Beds2 Baths1,200-1,500 ft²

210 James Ave

Mankato, MN 56001

Welcome to 210 James Ave, presented by Landmark Manager. We have several units available for lease. For more information and to schedule a showing, please contact us. Dishwasher, Fridge, Stove/Oven, Microwave, Washer/Dryer, Off street parking, Close to Mnsu Campus, Full size washer and dryer in every unit, Spacious entry area, All utilities are included (except internet/ cable), Electricity, Gas, Water/Sewer & Garbage.

Updated - 3 days ago

Managed by Factor Property Management

$2,950

Townhouse5 Beds2 Baths1,536 ft²

1310 Warren St #5

Mankato, MN 56001

Available August 1, 2025. Warren Street Townhomes in Mankato has units available for the 25-26 lease term. This unit was recently remodeled and features hard floors throughout, new cabinets, wood doors and new paint, trim and fixtures. This unit is a split level 5 bedrooms and 2 bathrooms and is an easy walk to MSU Mankato Campus. Enjoy the convenience of an in-unit washer and dryer, as well as a dishwasher and built in microwave. Permit parking in the attached parking lot at no additional charge-no need to purchase a parking permit on campus.

Updated - yesterday

Managed by Atwood Management

$824 - $1,024

Apartment1-2 Beds1 Bath400-660 ft²

101 Parkway Ave

Mankato, MN 56001

A privately situated community quietly tucked into a beautiful hillside surrounded by trees. This community offers private storage areas, on-site laundry, a children's play area and off-street parking. Choose among studio, one or two bedroom apartments that all feature natural light, plush carpet, a/c, a garbage disposal and Free heat, TV and internet. Situated near the corners of Glenwood Ave. and Parkway Ave. you'll enjoy being minutes away from downtown shopping and restaurants along with the Bethany Lutheran College (blc) campus. You're going to love calling Parkway home.

Updated - 3 days ago

Managed by Atwood Management

$974

Apartment2 Beds1 Bath700 ft²

428 Commodore Dr

Mankato, MN 56001

A clean, well-maintained neighborhood community near the Mankato shopping district on Madison Avenue. This community offers large resident storage areas and off-street parking and is situated near a bus line. Each unit features one or two bedrooms with a separate dining area that overlooks the living room, a/c, a garbage disposal and Free heat. You're going to love calling the Commodore home. Electric Stove, Smoke-Free, Trash, Near Bus Route, On-Site Laundry, Off-Street Permit Parking, Gas, Storage Areas, Water/Sewer, Resident Benefits, Water, Sewer & Recycling.

Updated - yesterday

Managed by Stadium Commons Association

$1,635 - $1,695

Townhouse3 Beds1.5 Baths1,425-1,485 ft²

400-629 S Skylark Trail

Mankato, MN 56001

Now leasing Stadium Commons Townhomes for August 1st move-in date. All units include an attached garage, Lvt flooring, in-unit laundry, an eat-in kitchen, spacious floorplan and close proximity to MSU Mankato. There is a bus stop on-site for easy transit to campus and around town. Security Deposit: $1,535. Application Fee: $40/applicant. Central Air, Off Street Parking, Online Payments, In-Unit Laundry, Garage Parking, Island Kitchen, Dishwasher, Oven, Fridge, Eat-In Kitchen, IN Unit Laundry, Green Space, Washer, Dryer, Freezer & HOA Fees. Pet Friendly.

Updated - yesterday

Managed by Atwood Management

$1,024 - $1,324

Apartment1-2 Beds1 Bath756-1,008 ft²

504 James Ave

Mankato, MN 56001

Southwood Flats, part of the Atwood Management family of unique campus communities, is conveniently located down the street from Minnesota State University - Mankato (msu) and offers a pet friendly home, off-street permit parking and on-site laundry. Each unit features one or two bedrooms, a dining area that overlooks the living room, with private balcony or patio, A/C and high-speed Internet access. You're going to love calling Southwood Flats home. Smoke Free, On-Site Laundry, Free Internet, Pet Friendly, Resident Benefits, Balcony/Patio, Refrigerator, Stove, Dishwasher, Microwave, Heat, Water, Sewer, Trash & Recycling. Pet Friendly.

Updated - 3 days ago

Managed by Atwood Management

$1,284 - $1,384

Apartment1-2 Beds1-2 Baths588-842 ft²

2040 Prairie Rose Dr

Mankato, MN 56001

Brand new apartment community situated just down the street from Mankato's new middle school and across the street from Kwik Trip. Each apartmentfeatures stainless steel appliances, open concept kitchen/living areas, private patio/balcony and upgrades throughout. The property features lots of common area space and storage rooms, an elevator and has ample off street parking. You'll enjoy the close proximity to all Mankato has to offer. You're going to love calling Ohanahome. Elevator, Smoke Free, Off-Street Permit Parking, Resident Benefits, Balcony/Patio, Refrigerator, Stove, Dishwasher, Microwave, Smoke-Free, Water, Sewer, Trash, Recycling, Washer & Dryer. Pet Friendly.

Managed by Landmark Manager

$1,200

Apartment2 Beds1 Bath

500 S Second St

Mankato, MN 56001

Welcome to Cherry Square Apartments, presented by Landmark Manager. We have several units available for lease. For more information and to schedule a showing, please contact us. Refrigerator, Stove/Oven, Microwave, Security Building, Remodeled Unit, New Paint, New Flooring-Easy Care Vinyl Plank, New Heaters, Granite Countertops, Near Downtown, Elevator Access, Internet Included, Basic Cable Included, Ceiling Fans, A/C Units Provided, Assigned Parking, Individual Water Heaters, Water, Sewer, Garbage, Internet & Basic Cable.

Managed by Landmark Manager

$2,675

Apartment5 Beds2 Baths1,600 ft²

202 James Ave

Mankato, MN 56001

Welcome to 202 James Ave, presented by Landmark Manager. We have several units available for lease. For more information and to schedule a showing, please contact us. Stove/Oven, Refrigerator, Dishwasher, Microwave, Washer/Dryer, Off street parking lot, Close to Mnsu Campus, Full size washer and dryer in every unit, Spacious entry area, All utilities are included (except internet/ cable), Electricity, Gas, Water/Sewer & Garbage.

Updated - yesterday

Managed by Skyway Property Holdings

$1,050

Apartment1 Bed1 Bath530 ft²

507 N Riverfront Dr

Mankato, MN 56001

Welcome to Skyway Property Holdings - (Studio 5), presented by Skyway Property Holdings. We have several units available for lease. For more information and to schedule a showing, please contact us. Fridge, Stove, Microwave, Dishwasher, Water, Trash, Gas, Sewer, Washer & Dryer.

Updated - 3 days ago

Managed by Factor Property Management

$1,750

Townhouse2 Beds1.5 Baths1,000 ft²

212 Dewey Lane #100

Mankato, MN 56001

Located in the heart of Mankato, Minnesota, these modern townhomes are designed to offer the ultimate blend of comfort, convenience and style. With thoughtfully crafted two-bedroom layouts, in-unit washer and dryer and attached tuck-under garages, Dewey Townhomes is the perfect choice for those who value quality living. Spacious 2-bedroom, 1.5-bath units; Attached tuck-under garages for secure parking and storage; Pet-friendly community; Conveniently located off Riverfront Drive with easy access to downtown Mankato; Within walking distance of Sibley Parkway and the scenic Minnesota River; Close to parks, trails and vibrant local amenities. Join the Waitlist Today.

Featured

Managed by Van Tol Properties

$1,650 - $2,100

Apartment1-2 Beds1-2 Baths785-1,343 ft²

1050 Marsh St

Mankato, MN 56001

M Lofts is Mankatos newest and only modern upscale apartment community in the heart of the Mankato area. It is located on top of the Madison Avenue Hill between Madison Avenue and Marsh Street, just footsteps away from the Mayo Clinic Health System and Mankato Clinic Campus. This exciting community features many amenities such as underground rental parking, trash & recycling on every floor, on-site management, online resident portal, 24/7 fitness studio and a relaxing community lounge.

Apartment for rent at 442 Belgrade Ave, Mankato, MN 56003

Updated - yesterday

Managed by Key City Group

$875 - $925

Apartment1 Bed1 Bath602-930 ft²

442 Belgrade Ave

Mankato, MN 56003

Welcome to Key City Group (bt), presented by Key City Group. We have several units available for lease. For more information and to schedule a showing, please contact us. Fridge, Range, Oven, Off Street Parking, Secure Building Access, Online Payments, On-site Laundry, Elevator, Garage Parking, Water, Sewer, Trash & Freezer.

Townhouse for rent at 1320 Warren St #2, Mankato, MN 56001

Updated - 3 days ago

Managed by Factor Property Management

$2,950

Townhouse5 Beds2 Baths1,536 ft²

1320 Warren St #2

Mankato, MN 56001

Updated - yesterday

Managed by Atwood Management

$1,620 - $2,169

Apartment4-5 Beds2 Baths1,800-2,188 ft²

422 James Ave

Mankato, MN 56001

James Courtyard, part of the Atwood Management family of campus area housing, is perfectly located along a popular campus living avenue just down the street from Southwood Flats. But the nicest feature our student residents enjoy is the short and easy distance to Minnesota State University - Mankato. Featuring upgraded flooring, appliances, counters and cabinets, in-unit washer and dryer, central air, dishwasher, Free heat, Free internet, permit parking and limited access entry, you're going to love calling James Courtyard home.

Apartment for rent at 230 Nicollet Ave #202, Mankato, MN 56003

Featured

Managed by Factor Property Management

$1,550

Apartment2 Beds1 Bath832 ft²

230 Nicollet Ave #202

Mankato, MN 56003

Welcome to our two-bedroom, one-bathroom apartment situated in North Mankato, Mn, available soon. This is a security building with intercom access. This unit features Luxury Vinyl Plank in the main rooms and plush carpeting in the bedrooms as well as custom tile work and unique storage in the bathroom. Includes in-unit washer and dryer, stainless steel appliances including a dishwasher and microwave and high-speed internet access. Easy access to Highway 169. Step outside onto your balcony to enjoy the outdoors. Ample off street parking is provided. Landlord pays internet. Tenants pay all other utilities. Application fee and background/credit check required.

Viewing 1-20 of 55 rentals in Mankato

What to Know About

Life in Mankato & Beyond

Mankato shares many of the great qualities that make Minnesota a desirable place to live.

Minnesota, known as the "Land of 10,000 Lakes", boasts breathtaking landscapes and a thriving arts and cultural community that enchants you. Immerse yourself in Minnesota's roots and history through the City Museum and the Science Museum of Minnesota, or invest in your education through the University of Minnesota, St. Cloud State University, and Minnesota State University, Mankato. In addition, residents can enjoy a vibrant arts and cultural scene in the Twin Cities of Minneapolis and St. Paul, including the famous Walker Art Center and the Minnesota Orchestra, providing a wealth of entertainment options.

Sports enthusiasts can enjoy cheering on professional teams such as the Minnesota Vikings (NFL), Minnesota Twins (MLB), and Minnesota Timberwolves (NBA), providing ample opportunities for excitement. Explore famous attractions like the Mall of America, the James J. Hill House, and the historic town of Duluth, each providing a unique glimpse into Minnesota's history and culture. In addition, the state offers many outdoor recreation opportunities, from boating and fishing in its 10,000 lakes to skiing in the Minnesota River Valley.

Minnesota offers a unique blend of natural beauty, quality of life, and affordability, making it a great place to call home.

Rental Market Trends

Mankato, MN

As of March 2025, Mankato's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Mankato's average rent is 0.6% ($8) lower than the Minnesota average of $1,429 and 20.5% ($367) lower than the U.S. average of $1,788.

Average Rent

$1,421

Monthly ChangeMonth Over Month Change

3.9% ($57)

Yearly ChangeYear Over Year Change

15.1% ($186)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,207	6.2% ($80)	19.3% ($195)
2 Beds	$1,489	5.9% ($93)	27% ($317)
3 Beds	$1,707	7.1% ($130)	12% ($183)

Nearby Cities	Average Rent	Avg. Rent vs. MankatoAverage Rent vs. Mankato	Avg. Days on MarketAverage Days on Market
Saint Peter	$1,141	19.7% ($280)	47 days
Madelia	$1,298	8.7% ($123)	42 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Mankato Rental Market FAQs

Explore rental prices, market trends, and availability in Mankato, MN.

What is the average rent in Mankato, MN?

The average rent in Mankato, MN is $1,421 per month.

What is the rental price range for homes in Mankato, MN?

Homes in Mankato typically rent for between $845 and $2,219 per month, with an average of $1,421 per month.

What is the average rent for different bedroom sizes in Mankato, MN?

In Mankato, the average rent for a 1-bedroom home is $1,207 per month, for a 2-bedroom home, $1,489 per month, and a 3-bedroom home is $1,707 per month.

How do rent prices in Mankato, MN compare with the national average?

The average rent in Mankato is 20.5% ($367) lower than the national average of $1,788 per month.

How have rent prices in Mankato, MN changed recently?

The average rent in Mankato has decreased by 3.9% ($57) in the last month and increased by 15.1% ($186) over the past year.

How competitive is the rental market in Mankato, MN?

The rental market in Mankato, MN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Mankato, MN?

In Mankato, MN, the average rental stays on the market for approximately 39 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Mankato, MN?

There are currently 55 rental properties available in Mankato, MN.

Can I afford to rent a home in Mankato, MN?

Based on the current averages, a household would need an annual income of $59,560 to comfortably afford a 2-bedroom home in Mankato.

Find Homes & Apartments for Rent in Mankato, MN

Life in Mankato & Beyond

Mankato, MN

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