Bedroom count

Property type

Last updated on March 2, 2026

Average rent in
Mankato, MN

Last updated on March 2, 2026

Last updated on March 2, 2026

Bedroom count

Property type

As of February 2026, the median rent for all bedroom counts and property types in Mankato, MN is $1,575. This is -17%, or $325, lower than the national average.

$1.61

average price per square foot

Median rent

$1,575

increased by5%
over the previous yearvs previous year

Total rentals

116

for rent on Zumper.com

As of February 2026, the median rent for all bedroom counts and property types in Mankato, MN is $1,575. This is -17%, or $325, lower than the national average.

$1.61

average price per square foot

Rent ranges

2%
46%
34%
13%
5%
$0-$750$0 - $750
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000
$3,001+$3,001+

Households

50%
50%
Renter-occupied
Owner-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent price trends in
Mankato, MN

Rent price trends

Rent prices for all bedroom counts and property types in Mankato, MN have increased by 2% in the last month and have increased by 5% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Mankato, MN

The monthly rent for an apartment in Mankato, MN is $1,535. A 1-bedroom apartment in Mankato, MN costs about $1,104 on average, while a 2-bedroom apartment is $1,360. Houses for rent in Mankato, MN are more expensive, with an average monthly cost of $1,925.

Comparables

1 bedroom

$1,099

2%

No Change

2 bedroom

$1,397

2%

1%

3 bedroom

$1,685

1%

5%

4 bedroom

$2,475

5%

9%

Studio

$900

4%

5%

Studio

Average rent

$900

Last 30 days

4%

Last year

5%

1 bedroom

Average rent

$1,099

Last 30 days

2%

Last year

No Change

2 bedroom

Average rent

$1,397

Last 30 days

2%

Last year

1%

3 bedroom

Average rent

$1,685

Last 30 days

1%

Last year

5%

4 bedroom

Average rent

$2,475

Last 30 days

5%

Last year

9%

The table above reflects average rent prices in Mankato, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Mankato, MN to other cities

Median rent prices in Mankato, MN for all bedroom counts and property types compared to Bloomington, MN.

Mankato

Median rent price$1,575
decreased by17%

lower than the national median

Median rent price$1,511
decreased by20%

lower than the national median

Takeaway

The median rent for all rentals in Mankato, MN is 4% higher than the median rent in Bloomington, MN.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby cities

Explore rent trends in other markets

Bloomington

$1,511

increased by6%

Last year

Burnsville

$1,634

decreased by2%

Last year

Eagan

$1,599

decreased by10%

Last year

Eagle Lake

$1,649

increased by3%

Last year

Eden Prairie

$1,615

decreased by7%

Last year

Edina

$1,624

decreased by5%

Last year

Hopkins

$1,340

decreased by9%

Last year

Minneapolis

$1,500

increased by3%

Last year

North Mankato

$1,495

increased by1%

Last year

Plymouth

$1,850

decreased by2%

Last year

Saint Peter

$1,295

increased by17%

Last year

St Louis Park

$1,599

increased by1%

Last year

Cost of living in
Mankato, MN

The overall cost of living in Mankato, MN is 5% lower than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.

Expenses

accrued by most renters

Average cost

compared to national average

Goods & Services

1% higher

Groceries

4% higher

Health

10% higher

Housing

21% lower

Transportation

4% lower

Utilities

3% higher

Apartments for rent in Apple Valley

Discover rentals in Mankato, MN

Bunting Lane Apartments - Photo 1 of 1

3d ago

7.5

Very good

Bunting Lane Apartments

311 Bunting Ln, Mankato, MN 56001

1–3 beds

1 bath

$500–$1,500

Apartment for rent

Heather Lane Place (145) - Photo 1 of 1

10h ago

7.7

Very good

Heather Lane Place (145)

145 Heather Ln, Mankato, MN 56001

2 beds

1 bath

$974

Apartment for rent

Commodore Apartments - Photo 1 of 1

4d ago

7.9

Very good

Commodore Apartments

428 Commodore Dr, Mankato, MN 56001

2 beds

1 bath

$974

Apartment for rent

Wesley Place - Photo 1 of 1

2d ago

8

Very good

Wesley Place

319 E Washington St, Mankato, MN 56001

2 beds

1 bath

$1,025–$1,250

Apartment for rent

325 E Washington St #9 - Photo 1 of 1

5d+ ago

Apartment for rent in Mankato

Wesley Place - 9

325 E Washington St #9, Mankato, MN 56001

2 beds

1 bath

$1,025

Apartment for rent

Available Feb 13

329 East Cherry Street - Photo 1 of 1

5d+ ago

7.7

Very good

329 East Cherry Street

329 E Cherry St, Mankato, MN 56001

2 beds

1 bath

$1,050

Apartment for rent

325 E Washington St #10 - Photo 1 of 1

5d+ ago

Apartment for rent in Mankato

Wesley Place - 10

325 E Washington St #10, Mankato, MN 56001

2 beds

1 bath

$1,050

Apartment for rent

Available Feb 13

325 E Washington St #7 - Photo 1 of 1

5d+ ago

Apartment for rent in Mankato

Wesley Place - 7

325 E Washington St #7, Mankato, MN 56001

2 beds

1 bath

$1,050

Apartment for rent

Available Feb 13