Average Rent in Mankato, MN and Rent Price Trends

Rent price trends in
Mankato, MN

Rent price trends

Rent prices for all bedroom counts and property types in Mankato, MN have increased by 9% in the last month and have decreased by 4% 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 $1,414. A 1-bedroom apartment in Mankato, MN costs about $1,234 on average, while a 2-bedroom apartment is $1,400. Houses for rent in Mankato, MN are more expensive, with an average monthly cost of $1,780.


1 bedroom	$1,169	1%	1%
2 bedroom	$1,397	2%	5%
3 bedroom	$1,860	4%	8%
4 bedroom	$2,720	7%	7%
Studio	$925	No Change	4%


Apartments	$1,414	8%	No Change
Condos	$1,662	10%	No Change
Houses	$1,780	5%	No Change

Studio

Average rent

$925

Last 30 days

No Change

Last year

1 bedroom

Average rent

$1,169

Last 30 days

Last year

2 bedroom

Average rent

$1,397

Last 30 days

Last year

3 bedroom

Average rent

$1,860

Last 30 days

Last year

4 bedroom

Average rent

$2,720

Last 30 days

Last year

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$1,419

27%

lower than the national median

Median rent price$1,565

20%

lower than the national median

Takeaway

The median rent for all rentals in Mankato, MN is 9% lower than the median rent in Bloomington, MN.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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Average rent in
Nearby cities
Explore rent trends in other markets

Bloomington

$1,565

18%

Last year

Burnsville

$1,550

Last year

Eagan

$1,610

Last year

Eagle Lake

$1,650

29%

Last year

Eden Prairie

$1,730

Last year

Edina

$1,707

29%

Last year

Hopkins

$1,335

Last year

Minneapolis

$1,495

12%

Last year

North Mankato

$1,195

Last year

Plymouth

$1,906

Last year

Saint Peter

$1,315

Last year

St Louis Park

$1,642

12%

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.