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North Mankato, MN rent trends

Rental prices in North Mankato, MN have increased by 11.54% over the past year. The average rent moved from $1,027 to $1,146.

Check out the average rent prices in North Mankato by neighborhood.

Compared to the national average rent of $1,741, the average rent in North Mankato, MN is $1,146.

Average rent in North Mankato, MN

$1,146/mo North Mankato, MN average rental price, January 2026
Image Average Rent

The average monthly rent of apartments in North Mankato, MN is $1,146.

    What's the typical rent budget in North Mankato, MN?

    About 5% of apartment rents in North Mankato, MN range between $1,501-$2,000. Around 88% of Mankato’s apartments are in the $1,001-$1,500 price range. 7% of apartments are priced ≤ $1000.

    The largest share of rentals in North Mankato, MN (88%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in North Mankato, MN

    35 /100
    Car-Dependent
    39 /100
    Somewhat Bikeable
    Walk Score®: 35, Bike Score®: 39

    Frequently asked questions

    What type of rental buildings are in North Mankato, MN?

    In North Mankato, 28% of the residents are renting compared to 72% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 11% of North Mankato's rentals, 68% are small-scale complexes with under 50 units, and 21% are single-family rentals.

    What do typical apartment communities look like in North Mankato, MN?

    The average age of rental buildings in North Mankato is 48 years old, with none being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 82% are garden-style apartment communities, 18% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

    What apartment floorplans are common in North Mankato, MN?

    Studio apartments in North Mankato are around 0% of rentals, while 1-bedroom floor plans represent 39% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 57% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.

    Look for apartments near me

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    Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!