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Affordable apartments in Mankato, Minnesota

15 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

5 section 89 lihtc1 section 202

Buildings

GUS JOHNSON PLAZA

Section 8
413 N 4TH ST, Mankato, MN, 56001
Income-restricted units
108 of 108
Year placed in service
Not reported

Estimated total housing cost: $1,023 rent + $117 utilities = $1,140/mo

Contact property management for current availability. Waitlists may apply.

GUS JOHNSON PLAZA

LIHTC
413 4TH ST N, MANKATO, MN, 56001
Income-restricted units
108 of 108
Year placed in service
2015
Bedroom mix
107 1BR · 1 2BR

Estimated total housing cost: $1,023 rent + $117 utilities = $1,140/mo

Contact property management for current availability. Waitlists may apply.

HOMESTEAD APARTMENTS

LIHTC
MULTIPLE BUILDING ADDRESSES, MANKATO, MN, 56001
Income-restricted units
96 of 120
Year placed in service
2000
Bedroom mix
40 1BR · 64 2BR · 16 3BR

Estimated total housing cost: $1,023 rent + $117 utilities = $1,140/mo

Contact property management for current availability. Waitlists may apply.

WALNUT TOWERS AKA THE ALMA

Section 8
105 E Walnut St, Mankato, MN, 56001
Income-restricted units
86 of 86
Year placed in service
Not reported

Estimated total housing cost: $1,023 rent + $117 utilities = $1,140/mo

Contact property management for current availability. Waitlists may apply.

EASTPORT APARTMENTS

LIHTC
1400 POHL RD, MANKATO, MN, 56001
Income-restricted units
78 of 78
Year placed in service
2014
Bedroom mix
18 1BR · 36 2BR · 24 3BR

Estimated total housing cost: $1,023 rent + $117 utilities = $1,140/mo

Contact property management for current availability. Waitlists may apply.

EASTPORT

Section 8
1001 Eastport Dr, Mankato, MN, 56001
Income-restricted units
78 of 78
Year placed in service
Not reported

Estimated total housing cost: $1,023 rent + $117 utilities = $1,140/mo

Contact property management for current availability. Waitlists may apply.

COLONIAL SQUARE

Section 8
300 Ramsey St, Mankato, MN, 56001
Income-restricted units
77 of 77
Year placed in service
Not reported

Estimated total housing cost: $1,023 rent + $117 utilities = $1,140/mo

Contact property management for current availability. Waitlists may apply.

CHERRY RIDGE APARTMENTS

LIHTC
101 GLENWOOD AVE, MANKATO, MN, 56001
Income-restricted units
63 of 83
Year placed in service
2008
Bedroom mix
34 1BR · 43 2BR · 6 3BR

Estimated total housing cost: $1,023 rent + $117 utilities = $1,140/mo

Contact property management for current availability. Waitlists may apply.

ROSA PLACE

LIHTC
520 TIMBERWOLF DRIVE, MANKATO, MN, 56001
Income-restricted units
60 of 60
Year placed in service
2019
Bedroom mix
15 1BR · 30 2BR · 15 3BR

Estimated total housing cost: $1,023 rent + $117 utilities = $1,140/mo

Contact property management for current availability. Waitlists may apply.

SIBLEY PARK APARTMENTS

LIHTC
410 SIBLEY PKWY, MANKATO, MN, 56001
Income-restricted units
53 of 60
Year placed in service
2013
Bedroom mix
10 1BR · 28 2BR · 22 3BR

Estimated total housing cost: $1,023 rent + $117 utilities = $1,140/mo

Contact property management for current availability. Waitlists may apply.

DUBLIN CROSSING

LIHTC
920 PATRIOT DR, MANKATO, MN, 56001
Income-restricted units
50 of 50
Year placed in service
2018
Bedroom mix
12 1BR · 25 2BR · 13 3BR

Estimated total housing cost: $1,023 rent + $117 utilities = $1,140/mo

Contact property management for current availability. Waitlists may apply.

THE DURHAM APARTMENTS

Section 202
621 S SECOND ST, Mankato, MN, 56001
Income-restricted units
41 of 41
Year placed in service
Not reported

Estimated total housing cost: $1,023 rent + $117 utilities = $1,140/mo

Contact property management for current availability. Waitlists may apply.

Showing 12 of 15. Open any pin on the map below for the rest.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Minnesota

Residential electricity in Minnesota runs about 15.95¢/kWh, with a typical monthly residential electric bill near $117. Natural gas runs about $12.68/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Mankato, MN

Metro-level
BedroomsLocal FMRNational median
Studio$870n/a
1 bedroom$972n/a
2 bedroom$1,023$1,502
3 bedroom$1,330n/a
4 bedroom$1,535n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Blue Earth County, MN

Mankato, MN. FY2025. Area median income: $104,700.

Household size30% AMI50% AMI80% AMI
1 person$22,000$36,650$58,650
2 people$25,150$41,900$67,000
3 people$28,300$47,150$75,400
4 people$32,150$52,350$83,750
5 people$37,650$56,550$90,450
6 people$43,150$60,750$97,150
7 people$48,650$64,950$103,850
8 people$54,150$69,150$110,550

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Minnesota cities

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About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Mankato cost-of-living and Fair Market Rent overview