Last updated on September 18, 2026

Average rent in
Minnesota State University Mankato, MN

Median rent

Median rent in North Mankato

$1,315/mo

increased by2%

vs previous year

The average rent in North Mankato is $1,315 per month as of September 2026. This is 31% below the national average rent, or $585 less per month.

$1.40

average price per square foot

Total rentals

Available rentals in North Mankato

120

for rent on Zumper.com as of September 2026

Rent price distribution

Share of North Mankato rentals at each price point

60%45%30%15%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Minnesota State University Mankato, MN

Average rent prices in North Mankato have increased by 2% since last year. At this time, we don't have enough information to generate yearly trends. Please see below for more rent price details.

Rent trends

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

Compare rent prices in Minnesota State University Mankato, MN

Rent prices in North Mankato vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in North Mankato is $1,247, whereas a house costs $1,972. 1-bedroom apartments in North Mankato run $1,225 on average, while 2-bedroom apartments are $1,200.

Listings

Studio

$997

-

5%

1 bedroom

$1,225

-

3%

2 bedroom

$1,295

-

2%

3 bedroom

$1,600

-

1%

4 bedroom

$2,175

-

5%

Studio

Average rent

$997

Last year

5%

1 bedroom

Average rent

$1,225

Last year

3%

2 bedroom

Average rent

$1,295

Last year

2%

3 bedroom

Average rent

$1,600

Last year

1%

4 bedroom

Average rent

$2,175

Last year

5%

The table above reflects average rent prices in Minnesota State University 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.

Discover rentals in Minnesota State University Mankato, MN

517 South Broad Street - Photo 1 of 1

1d ago

7

Very good

517 South Broad Street

517 S Broad St, Mankato, MN 56001

1 bed

1 bath

$465

Bunting Lane Apartments - Photo 1 of 1

5d+ ago

8.2

Very good

Bunting Lane Apartments

311 Bunting Ln, Mankato, MN 56001

1 bed

1 bath

$500

102 South 5th Street - Photo 1 of 1

1d ago

7.6

Very good

102 South 5th Street

102 S 5th St, Mankato, MN 56001

1 bed

1 bath

$570–$650

Colony Court Apartments - Photo 1 of 1

3d ago

8.6

Very good

Colony Court Apartments

1621 Colony Ct, North Mankato, MN 56003

1–2 beds

1 bath

$750–$875

Stay up to date with rental market insights

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.

Frequently asked questions for Minnesota State University Mankato, MN

Quick answers to common questions about the North Mankato rental market.

How much is rent in North Mankato?

The average rent in North Mankato is $1,315 per month as of September 12, 2026.

Is rent up or down in North Mankato?

Average rent prices in North Mankato have increased by 2% since last year.

How does North Mankato rent compare to the national average?

Rent in North Mankato is 31% below the national average, which means renters are paying approximately $585 less per month.

What salary do I need to afford rent in North Mankato?

To comfortably afford rent in North Mankato, you'd need to earn approximately $53,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

The Bungalows
117 Cherry St
Hoover Estates