Last updated on July 30, 2026

Average rent in
North Mankato, MN

Median rent

Median rent in North Mankato

$1,395/mo

increased by7%

vs previous year

The average rent in North Mankato is $1,395 per month as of July 2026. This is 28% below the national average rent, or $535 less per month.

$1.45

average price per square foot

Total rentals

Available rentals in North Mankato

43

for rent on Zumper.com as of July 2026

Rent price distribution

Share of North Mankato rentals at each price point

70%53%35%18%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 remained the same over the last month and have increased by 7% 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 $1,300, whereas a house costs $2,075. 1-bedroom apartments in North Mankato run $1,270 on average, while 2-bedroom apartments are $1,537.

Listings

Studio

$795

No Change

-

1 bedroom

$1,300

1%

9%

2 bedroom

$1,495

5%

4%

3 bedroom

$1,745

No Change

7%

4 bedroom

$1,979

No Change

3%

Studio

Average rent

$795

1 bedroom

Average rent

$1,300

Last 30 days

1%

Last year

9%

2 bedroom

Average rent

$1,495

Last 30 days

5%

Last year

4%

3 bedroom

Average rent

$1,745

Last 30 days

No Change

Last year

7%

4 bedroom

Average rent

$1,979

Last 30 days

No Change

Last year

3%

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$1,395
decreased by28%

lower than the national median

Median rent price$1,850
decreased by4%

lower than the national median

Takeaway

The median rent for all rentals in North Mankato, MN is 25% lower than the median rent in Apple Valley, MN.

Discover rentals in North Mankato, MN

Key City Group, LLC (BT) - Photo 1 of 1

9h ago

8.8

Very good

Key City Group, LLC (BT)

442 Belgrade Ave, North Mankato, MN 56003

1–3 beds

1–2 baths

$835–$1,600

Apartment for rent

1628 Colony Ct #8 - Photo 1 of 1

5d+ ago

Apartment for rent in North Mankato

Colony Court Apartments - 2 bedroom unit open now!

1628 Colony Ct #8, North Mankato, MN 56003

2 beds

1 bath

$900

Apartment for rent

Available Apr 22

Cornflower Blue Properties, LLC (BNR) - Photo 1 of 1

23h ago

8.6

Very good

Cornflower Blue Properties, LLC (BNR)

300 Belgrade Ave, North Mankato, MN 56003

1–2 beds

1 bath

$950–$1,050

Apartment for rent

1866 Lee Blvd #17 - Photo 1 of 1

3d ago

Apartment for rent in North Mankato

1866 Lee Blvd #17, North Mankato, MN 56003

2 beds

1 bath

$975

Apartment for rent

Available Jan 1

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 $1,395 per month as of July 25, 2026.

Is rent up or down in North Mankato?

Average rent prices in North Mankato have remained the same over the last month and have increased by 7% since last year.

How does North Mankato rent compare to the national average?

Rent in North Mankato is 28% below the national average, which means renters are paying approximately $535 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 $56,000/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?

Based on Zumper's July 2026 data, one-bedroom apartments in North Mankato average around $1,090/month and two-bedrooms approximately $1,330/month.

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