Homestead is a great place to call home. It's located right on the bus route and within walking distance to many convenience stores, laundromats, and restaurants. We have one-, two-, and three-bedroom options with on-site laundry and off-street parking.
We offer multiple affordable and market rate options. Market rate units do not have income restrictions and all are welcome to apply. We also offer Section 8 units where rent is based on 30% of the household's gross, annual income. We also offer Tax Credit units where income restrictions apply but the rents are set. Section 8 Vouchers are welcome in these Tax Credit units. A security deposit equal to one month of rent is due with the application. In select units, a $35 application fee per adult is also due with the application.
Tax Credit Income Restrictions:
A household of one must make $43,980 or less per year.
Two people: $50,280
Three people: $56,580
Four people: $62,820
12 month lease.
Residents pay electricity.
Section 8 Vouchers welcome.
Sorry, no pets.
Apartment for rent
Income restricted
$942/mo
Fees may apply
140 Homestead Rd, # 120-16, Mankato, MN 56001
1beds
654sqft
Price may not include required fees and charges. Learn more|
Apartment
Available Fri Aug 14 2026
No pets
Air conditioner, wall unit
Parking lot parking
Natural gas
What's special
Off-street parkingOn-site laundry
- 66 days |
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Zillow last checked:
Listing updated:
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Natural Gas
Cooling
- Air Conditioner, Wall Unit
Appliances
- Included: Range, Refrigerator
Features
- Storage
- Flooring: Carpet, Laminate
Interior area
- Total interior livable area: 654 sqft
Property
Parking
- Parking features: Parking Lot
- Details: Contact manager
Features
- Exterior features: Playground
- Has view: Yes
- View description: City
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Utilities & green energy
- Utilities for property: Gas
Building
Details
- Building name: Homestead Apartments
Management
- Pets allowed: No
Community & HOA
Community
- Features: Gated, Playground
HOA
- Amenities included: Gas, Management, Parking, Picnic Area, Playground
Location
- Region: Mankato
Financial & listing details
- Lease term: One Year Lease
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Price change | $942-7.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/15/2026 | Listed for rent | $1,022$2/sqft |
Source: Zillow Rentals Report a problem | ||
Neighborhood: 56001
Nearby schools
GreatSchools rating
- 9/10Kennedy Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 6/10Prairie Winds Middle SchoolGrades: 6-8Distance: 2 mi
- 6/10Mankato East Senior High SchoolGrades: 9-12Distance: 1.4 mi
This is an income restricted property
This property offers housing at affordable prices. Renters or households must meet income requirements, and the property manager may have additional eligibility criteria.There are 8 available units in this apartment building







