Apartments for Rent in Mankato, MN
19 Rentals Available
Prices and availability in Mankato, MN were last updated on 20 Sep 2020.
The best apartments in Mankato, MN are: Cecilia Chapman711-2880 Nulla and Cecilia Chapman711-2880 Nulla.
The price range for a 2-bedroom apartment in Mankato, MN is between $2,000 and $50,000. Browse and find a 2-bedroom apartment in Mankato, MN.
In Mankato 50% of the housing is rented out compared to 50% of homes are owned, according to the most recent Census Bureau estimates. 20% of Mankato’s apartments are found in large buildings of 50 units or more, 69% are located in smaller apartment complexes with less than 50 units, and 10% are single-family rentals.
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Mankato are about 36 years old, on average. Of these, 33% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 93% of the rental communities here are low-rise, garden-style communities, 11% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
Rental apartments in Mankato come in a range of sizes and floorplans. Studio apartments represent 3% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 32% of the total apartments in the city, while 2-bedroom floorplans represent around 34% of all rentals in Mankato. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.
Mankato is a gorgeous small town in Minnesota located along the banks of the Blue Earth River. The proximity to this body of water gives renters plenty of opportunities for water sports, such as kayaking, boating and fishing. The climate in this part of the Midwest is humid continental, which means that summers will be hot and sticky, while winters are cold and snowy. However, the changing of the seasons also means that renters love to get out in the warmer months to enjoy all sorts of outdoor activities. That includes taking advantage of the area’s great park system that features Highland Park, Alexander Park and Sibley Park. Minneopa State Park is also nearby with hiking trails, scenic waterfalls and campsites. It’s part of the U.S. National Park system located in Blue Earth County.
For renters looking for the ideal rental apartment, it’s easy to find in Mankato. That’s because there’s an equal split of rental households versus homeowners. The types of rental apartments available are typical communities with amenities like grills, swimming pools, business centers and places to walk your pets. Furthermore, renting in Mankato will afford individuals the opportunity to live near a mix of urban and suburban attractions, like restaurants and coffee shops, which are often in close proximity to apartment complexes. The public schools are also very highly rated, which is a nice perk for young families who rent in the area. Most of the areas around Mankato consist of cozy neighborhoods with well-kept yards and people who are friendly toward their renting neighbors.
There are a variety of shopping options for renters in Mankato. For a traditional mall near rental apartments, the River Hills Mall has around 87 stores and restaurants, as well as a Cinemark movie theater. This is a nice place to shop during the cold winter months when renters don’t want to be outside. Another shopping mall that’s a little smaller is Mankato Place Mall, which has a few different shops, some restaurants and a bunch of offices. Other shopping plazas around town near renter households include Mankato Heights Plaza and Madison East Center with various medical offices. For grocery stores in the area, some of the choices are Hy-Vee Grocery Store, Mocols Super Market and Aldi.
Major highways near rental apartments in Mankato include Highway 41, Highway 169, and state highways 22 and 60. This makes travel around the area pretty easy for renters. Public transportation near rental communities is handled by the Mankato Transit System, which includes seven lines around town and eight additional lines near Minnesota State University. There’s also a regional airport near renter households called the Mankato Regional Airport. However, it doesn’t have commercial flights, so renters who wish to travel domestically or internationally typically utilize the Minneapolis-St. Paul International Airport, which is about 75 miles away. Of course, renters will have to plan on a travel time of at least an hour and fifteen minutes to get there.
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