A+
5%
Med. Home Val. NAT. AVG.
4%
Rent NAT. AVG.
22%
Owner Occ. NAT. AVG.

Mankato Housing Information

IndexMankatoMinnesotaNational
Median home price$341,528$339,061$326,622
Median rent asked$1,390$1,332$1,444
Avg. people per household2.32.42.6
Owner occupied households49.9%71.4%63.6%
Renter occupied households50.1%28.6%36.4%
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Housing Quick Facts

  • The median home price in Mankato is 5% higher than the national average.
  • The median rent asked in Mankato is 4% lower than the national average.
  • The average number of people per household in Mankato is 11% lower than the national average.
  • The number of owner occupied households in Mankato is 22% lower than the national average.
  • The number of renter occupied households in Mankato is 38% higher than the national average.

Most Affordable Places to Live in and Around Mankato

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Compare Mankato, MN Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Vernon Center, MN364$197,58440%
      Garden City, MN243$207,18037%
      Kasota, MN755$234,96528%
      Pemberton, MN265$238,96027%
      Le Center, MN2,727$245,16625%
      Mankato, MN43,578$341,5285%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Linden, NJ43,551$536,33864%
      Schertz, TX43,642$392,34420%
      Jefferson City, MO43,647$283,87113%
      State College, PA43,467$613,97488%
      Midland, MI43,447$281,51514%
      Mankato, MN43,578$341,5285%
      Source: The Mankato, MN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.