Last updated on October 29, 2026

Average rent in
North Mankato, MN

Median rent

Median rent in North Mankato

$1,345/mo

increased by10%

vs previous year

The average rent in North Mankato is $1,345 per month as of October 2026. This is 29% below the national average rent, or $555 less per month.

$1.32

average price per square foot

Total rentals

Available rentals in North Mankato

41

for rent on Zumper.com as of October 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 North Mankato, MN

Average rent prices in North Mankato have decreased by 6% over the last month and have increased by 10% since last year.

Rent trends

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

Compare rent prices in North 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 $1,295, whereas a house costs $2,000. 1-bedroom apartments in North Mankato run $1,265 on average, while 2-bedroom apartments are $1,525.

Listings

Studio

$850

No Change

-

1 bedroom

$1,280

3%

28%

2 bedroom

$1,387

22%

26%

3 bedroom

$1,795

18%

No Change

4 bedroom

$2,200

No Change

10%

Studio

Average rent

$850

1 bedroom

Average rent

$1,280

Last 30 days

3%

Last year

28%

2 bedroom

Average rent

$1,387

Last 30 days

22%

Last year

26%

3 bedroom

Average rent

$1,795

Last 30 days

18%

Last year

No Change

4 bedroom

Average rent

$2,200

Last year

10%

The table above reflects average rent prices in North 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.

How does rent in North Mankato, MN compare to other cities?

Compare median rent prices in North Mankato and Apple Valley by all bedroom counts and property types.

North Mankato

Median rent price$1,345
decreased by29%

lower than the national median

Median rent price$2,060
increased by8%

higher than the national median

Takeaway

The median rent for all rentals in North Mankato, MN is 35% lower than the median rent in Apple Valley, MN.

Discover rentals in North Mankato, MN

914 Lyndale - Photo 1 of 1

6h ago

8.5

Very good

914 Lyndale

914 Lyndale St, North Mankato, MN 56003

1 bed

1 bath

$724

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Colony Court Apartments - Photo 1 of 1

2d ago

8.6

Very good

Colony Court Apartments

1621 Colony Ct, North Mankato, MN 56003

1–2 beds

1 bath

$750–$875

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Hoover Estates - Photo 1 of 1

2d ago

8.6

Very good

Hoover Estates

1866 Lee Blvd, North Mankato, MN 56003

1–3 beds

1–2 baths

$895–$1,195

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
630 Lyndale Street - Photo 1 of 1

5d+ ago

8.6

Very good

630 Lyndale Street

630 Lyndale St, North Mankato, MN 56003

2 beds

1 bath

$895–$930

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

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 North 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 $1,345 per month as of October 24, 2026.

Is rent up or down in North Mankato?

Average rent prices in North Mankato have decreased by 6% over the last month and have increased by 10% since last year.

How does North Mankato rent compare to the national average?

Rent in North Mankato is 29% below the national average, which means renters are paying approximately $555 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 $54,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in North Mankato?

March offers the lowest rental prices in North Mankato, with rents running about 18% lower than the peak month of August, creating clear timing opportunities for budget-conscious renters.

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).

Apartments for rent in Apple Valley