What is the average apartment size in Mankato?

The average size for a Mankato, MN apartment is 944 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Mankato?

As of Feb / 2026, the average rent in Mankato is $1,417 per month, a 3.56% increase from last years average of $1,368.

How much does rent cost by apartment size in Mankato?

In Mankato, studios rent for $861 per month, one-bedroom units average $1,191 per month, two-bedrooms cost around $1,310 per month, and three-bedroom apartments rent for about $1,644 per month

What is the average apartment size in Mankato?

The typical apartment in Mankato offers about 944 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Mankato?

Studio apartments in Mankato average 385 sq. ft., one-bedrooms offer 674 sq. ft., two-bedrooms are about 944 sq. ft., and three-bedroom apartments average 1,228 sq. ft.

Mankato, MN Rental Market Trends

Q: What's the typical rent budget in Mankato?

The typical rent budget in Mankato ranges from $1,001 to $1,500 per month, with 47% of rentals in this range.

Q: Do most people rent or own in Mankato?

In Mankato, 50% of households rent while 50% own their homes, based on the latest U.S. Census data.

Last updated: April 05, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Mankato is $1,417, a 3.56% increase compared to the previous year, when the average rent was $1,368.

Studio Apartments at $861 offer the most budget-friendly option with 385 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 674 square feet for $1,191, balancing privacy and affordability.

Two-beedroom units at $1,310 offer 944 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,228 sq ft) for $1,644, suitable for larger households.

Average rent in Mankato, MN

Last updated: April 05, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,417	944 sq. ft.
Studio	$861	385 sq. ft.
1 Bed	$1,191	674 sq. ft.
2 Beds	$1,310	944 sq. ft.
3 Beds	$1,644	1,228 sq. ft.

Mankato, MN rent trends

Rental prices in Mankato, MN have increased by 3.56% over the past year. The average rent moved from $1,368 to $1,417.

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

The largest share of rentals in Mankato, MN (47%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Mankato, MN?

9,029 or 50% of the households in Mankato, MN are renter-occupied while 9,046 or 50% are owner-occupied.

How Mankato Compares to Other Cities

City	Average Rent
Mankato	$1,417
Minneapolis	$1,689
St. Paul	$1,528
Moorhead	$1,078
Rochester	$1,648
St. Louis Park	$1,767
Bloomington	$1,673
Edina	$1,839
St. Cloud	$1,182
Minnetonka	$2,001
Burnsville	$1,551
Jordan, MN	$1,480
Eagle Lake, MN	$1,712
New Ulm, MN	$1,003
Saint Peter, MN	$1,348
North Mankato, MN	$1,155

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Mankato apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.