What's the average rent in Mankato, MN?

Rental Market Trends in Mankato, MN

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Mankato, MN is $1,750 per month, which is 9% lower than the national average rent of $1,932 per month.

AVERAGE RENT

$1,750

35.1%$455 increase month-over-month

17.4%$260 increase year-over-year

AVAILABLE RENTALS

115

APARTMENTS

$1,131

HOUSES

$1,800

TOWNHOUSES

$2,165

As of November 2026, apartments are the most affordable rental option in Mankato, MN at $1,131 per month, while townhomes are the most expensive at $2,165 per month. Houses average $1,800 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$974
2 Bedrooms	$1,200
3 Bedrooms	$1,800
4 Bedrooms	$1,979
All	$1,750

As of November 2026, the average rent for a 1 bedroom rental in Mankato, MN is $974 per month, followed by $1,200 for a 2 bedroom rental, $1,800 for a 3 bedroom rental, and $1,979 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,750
3 Bedrooms	$2,165
4 Bedrooms	$2,203
All	$2,165

As of November 2026, the average rent for a 2 bedroom townhome in Mankato, MN is $1,750 per month, followed by $2,165 for a 3 bedroom townhome, and $2,203 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$800
2 Bedrooms	$1,200
3 Bedrooms	$1,250
4 Bedrooms	$1,800
All	$1,200

As of November 2026, the average rent for a 1 bedroom apartment in Mankato, MN is $800 per month, followed by $1,200 for a 2 bedroom apartment, $1,250 for a 3 bedroom apartment, and $1,800 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,090
2 Bedrooms	$1,375
3 Bedrooms	$1,800
4 Bedrooms	$1,900
All	$1,800

As of November 2026, the average rent for a 1 bedroom house in Mankato, MN is $1,090 per month, followed by $1,375 for a 2 bedroom house, $1,800 for a 3 bedroom house, and $1,900 for a 4 bedroom house.