Mankato, MN rental market

What is the average rent in Mankato, MN?

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Last updated November 8, 2025

Rental market summary

The average rent for all bedrooms and all property types in Mankato, MN is $1,425.

Average rent

$1,425

Month-over-month change

+$94

Year-over-year change

-$75

Available rentals

85

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $400 to $3,050.

Rent frequencies
Rent priceNumber of rental properties
$01
$5001
$6001
$7002
$8003
$9005
$1,0007
$1,1008
$1,20015
$1,3004
$1,4006
$1,5003
$1,6004
$1,7004
$1,8006
$1,9006
$2,0001
$2,1003
$2,2006
$2,4003
$2,5003
$2,6004
$2,7005
$2,9001
$3,000+1

Average rent price over time

In the last year, rent has decreased by $75 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,350$1,395
Feb$1,400$1,495
Mar$1,400$1,533
Apr$1,424$1,520
May$1,325$1,500
Jun$1,380$1,283
Jul$1,325$1,250
Aug$1,500$1,295
Sep$1,406$1,267
Oct$1,355$1,295
Nov$1,500$1,425
Dec$1,499No data

Market temperature

The Mankato, MN rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Mankato, MN is 29% lower than the national average.

Mankato, MNvs.

$1,425

$2,000

Rent in Mankato, MN

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Frequently asked questions

1. What is the average rent in Mankato, MN?

The average rent in Mankato, MN is $1,425.

2. What is the average rent for a studio apartment in Mankato, MN?

The average rent for a studio apartment in Mankato, MN is $649 per month.

3. What is the average rent for a one-bedroom apartment in Mankato, MN?

The average rent for a one-bedroom apartment in Mankato, MN is $875 per month.

4. What is the average rent for a two-bedroom apartment in Mankato, MN?

The average rent for a two-bedroom apartment in Mankato, MN is $1,250 per month.

5. What is the average rent for a three-bedroom apartment in Mankato, MN?

The average rent for a three-bedroom apartment in Mankato, MN is $1,858 per month.

6. What is the average rent for a four-bedroom apartment in Mankato, MN?

The average rent for a four-bedroom apartment in Mankato, MN is $2,420 per month.

7. How much does it cost to rent a house in Mankato, MN?

Houses in Mankato, MN rent between $400 - $3,050 with an average rent of $1,425.

8. How has the rent in Mankato, MN changed in the last year?

In the last year, the rent in Mankato, MN decreased by $75

9. How much has the rent in Mankato, MN increased/decreased in the last month?

In the last month, the rent in Mankato, MN increased by $94

10. How many available rentals are there in Mankato, MN?

There are currently 85 rentals available in Mankato, MN.

11. How do rent prices in Mankato, MN compare with the national average?

The average rent in Mankato, MN is $1,425 — 28.75% lower the national average of $2,000.