What's the average rent in Mankato, MN?

Rental Market Trends in Mankato, MN

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Mankato, MN is $1,361 per month, which is 30% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$1,361

-10.5%-$159 decrease month-over-month

3.9%$51 increase year-over-year

AVAILABLE RENTALS

103

APARTMENTS

$1,167

HOUSES

$2,000

TOWNHOUSES

$1,850

As of June 2026, apartments are the most affordable rental option in Mankato, MN at $1,167 per month, while houses are the most expensive at $2,000 per month. Townhomes average $1,850 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$953
2 Bedrooms	$1,229
3 Bedrooms	$1,629
4 Bedrooms	$2,000
All	$1,361

As of June 2026, the average rent for a 1 bedroom rental in Mankato, MN is $953 per month, followed by $1,229 for a 2 bedroom rental, $1,629 for a 3 bedroom rental, and $2,000 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$870
2 Bedrooms	$1,900
3 Bedrooms	$1,850
4 Bedrooms	$2,320
All	$1,850

As of June 2026, the average rent for a 1 bedroom townhome in Mankato, MN is $870 per month, followed by $1,900 for a 2 bedroom townhome, $1,850 for a 3 bedroom townhome, and $2,320 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,100
2 Bedrooms	$1,250
3 Bedrooms	$1,400
4 Bedrooms	$1,495
All	$1,300

As of June 2026, the average rent for a 1 bedroom apartment in Mankato, MN is $1,100 per month, followed by $1,250 for a 2 bedroom apartment, $1,400 for a 3 bedroom apartment, and $1,495 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,215
2 Bedrooms	$1,650
3 Bedrooms	$1,575
4 Bedrooms	$2,000
All	$2,000

As of June 2026, the average rent for a 1 bedroom house in Mankato, MN is $1,215 per month, followed by $1,650 for a 2 bedroom house, $1,575 for a 3 bedroom house, and $2,000 for a 4 bedroom house.