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Studio Apartments for Rent in Mankato, MN

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    $1,215 - $1,899 total monthly price

    Augusta Park Estates

    Studio - 2 Beds

    1690 Premier Dr, Mankato, MN 56001

    Now Accepting Applications – Apply Today!Don’t miss your opportunity to call Augusta Park Estates home. We are currently accepting applications, and availability is limited—apply today to secure your new apartment.Augusta Park Estates offers studio, one-, and two-bedroom apartment homes with open-concept floor plans designed for modern, comfortable living. Apartment features include

    1690 Premier Dr, Mankato, MN 56001
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    $370 - $1,000 per month plus fees

    Highland Hills Apartments

    Studio - 5 Beds

    1340 Warren St, Mankato, MN 56001

    We offer tours Monday through Friday from 9:30am to 4:30pm. Stop by our office located at 1340 Warren Street to talk about housing options that will work for you!

    1340 Warren St, Mankato, MN 56001
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    $835 - $1,175 per month plus fees

    Village Place Apartments

    Studio - 2 Beds

    100-104 Thomas Dr, Mankato, MN 56001

    Village Place Apartments is located in Mankato, MN with convenient access to schools, shops, and everything you may need. Enjoy this quiet community at the pool or on your personal balcony.

    100-104 Thomas Dr, Mankato, MN 56001

Why Live in Mankato

Outdoor recreation defines daily life in Mankato, with Minneopa State Park's majestic waterfalls and roaming bison herd drawing nature lovers year-round. Mount Kato provides skiing and snowboarding in winter, while transforming into mountain biking trails during summer months. The Minnesota and Blue Earth Rivers create endless possibilities for kayaking, canoeing, and fishing, complemented by the paved Red Jacket Trail system. Cultural attractions include live performances at Minnesota State University's Performing Arts Center and summer concerts at Vetter Stone Amphitheater. The dining scene features local favorites like El Mazatlan Mexican Restaurant, known for their Mazatan Cheese Steak, and Pagliai's Pizza's renowned pies and craft beer selection.

The median sale price for homes in Mankato is $310,000, with single-family homes ranging from $167,000 in Five Corners to $375,000 in Country Club Estates. Highland Park's median single-family home price sits at $264,000, while Sibley Park homes typically sell for $209,500. Townhomes have a median price of $299,900, and two-bedroom condos average $200,400.

Living costs run 5.2% below the national average. A family with school-age children needs approximately $100,000 annually to live comfortably, while renters should aim for $53,000. Property taxes in Blue Earth County stand at 0.98%, lower than neighboring Waseca at 1.19%. The public school system includes highly rated Franklin and Jefferson Elementary Schools. Minnesota State University Mankato serves as a major employer alongside Mayo Clinic Health System and Taylor Corporation. The Mankato Transit System connects residents throughout the city, while Minneapolis-St. Paul International Airport lies 75 miles away, typically a 1.5-hour drive.

How to Rent a Home