Bedroom count

Property type

Last updated on April 16, 2026

Average rent in
Mankato, MN

Last updated on April 16, 2026

Last updated on April 16, 2026

Bedroom count

Property type

As of April 2026, the median rent for all bedroom counts and property types in Mankato, MN is $1,537. This is -21%, or $400, lower than the national average.

$1.48

average price per square foot

Median rent

$1,537

increased by11%
over the previous yearvs previous year

Total rentals

109

for rent on Zumper.com

As of April 2026, the median rent for all bedroom counts and property types in Mankato, MN is $1,537. This is -21%, or $400, lower than the national average.

$1.48

average price per square foot

Rent ranges

3%
45%
40%
9%
3%
$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 3% in the last month and have increased by 11% 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 $1,384. A 1-bedroom apartment in Mankato, MN costs about $1,060 on average, while a 2-bedroom apartment is $1,334. Houses for rent in Mankato, MN are more expensive, with an average monthly cost of $1,925.

Comparables

1 bedroom

$1,104

2%

6%

2 bedroom

$1,395

No Change

7%

3 bedroom

$1,685

2%

1%

4 bedroom

$1,995

2%

1%

Studio

$1,025

2%

4%

Studio

Average rent

$1,025

Last 30 days

2%

Last year

4%

1 bedroom

Average rent

$1,104

Last 30 days

2%

Last year

6%

2 bedroom

Average rent

$1,395

Last 30 days

No Change

Last year

7%

3 bedroom

Average rent

$1,685

Last 30 days

2%

Last year

1%

4 bedroom

Average rent

$1,995

Last 30 days

2%

Last year

1%

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$1,537
decreased by21%

lower than the national median

Median rent price$1,575
decreased by19%

lower than the national median

Takeaway

The median rent for all rentals in Mankato, MN is 2% lower 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

$1,575

increased by4%

Last year

Burnsville

$1,575

decreased by3%

Last year

Eagan

$1,589

decreased by9%

Last year

Eagle Lake

$1,685

Flat

Last year

Eden Prairie

$1,649

Flat

Last year

Edina

$1,788

increased by16%

Last year

Hopkins

$1,337

increased by1%

Last year

Minneapolis

$1,500

increased by4%

Last year

North Mankato

$1,495

decreased by3%

Last year

Plymouth

$1,865

increased by9%

Last year

Saint Peter

$1,315

increased by2%

Last year

St Louis Park

$1,575

decreased by6%

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

5d+ ago

8.2

Very good

Bunting Lane Apartments

311 Bunting Ln, Mankato, MN 56001

1–3 beds

1 bath

$500–$1,500

Apartment for rent

517 S Broad St #7 - Photo 1 of 1

5d+ ago

Apartment for rent in Mankato

517 S Broad St #7, Mankato, MN 56001

1 bed

0 baths

$560

Apartment for rent

Available Jun 1

717 N 2nd St #1 - Photo 1 of 1

5d+ ago

Apartment for rent in Mankato

Two bedroom in 4 plex

717 N 2nd St #1, Mankato, MN 56001

2 beds

1 bath

$950

Apartment for rent

Available Apr 15

Heather Lane Place (145) - Photo 1 of 1

3d ago

7.7

Very good

Heather Lane Place (145)

145 Heather Ln, Mankato, MN 56001

2 beds

1 bath

$974

Apartment for rent

Parkway Apartments - Photo 1 of 1

11h ago

8.2

Very good

Parkway Apartments

101 Parkway Ave, Mankato, MN 56001

2 beds

1 bath

$1,024

Apartment for rent

Wesley Place - Photo 1 of 1

7h ago

8.6

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 Jan 1

225 E Spring St #1 - Photo 1 of 1

1d ago

Apartment for rent in Mankato

225 E Spring St #1, Mankato, MN 56001

2 beds

1 bath

$1,043

Apartment for rent

Available May 1