Rent prices in cities near Mankato
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Are you looking to upgrade to a larger apartment? Are there certain requirements that you and your family need to be able to find the perfect apartment? Browse 3 bedroom apartments near you on RentCafe to find the one that fits your family. Filter by size, price, and amenities both inside and outside the apartment, and check reviews by verified residents, to make sure you are choosing the apartment that is perfect for you and your family.
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Mankato, MN Demographics
- Total Population42,685
Female 21,273Male 21,412
- Median Age26.4
A total population of 42,685 lives in Mankato, MN, according to data published by the U.S. Census Bureau. Population statistics show that 21,412 of Mankato’s residents are women and 21,273 are men. The median age of the population in Mankato, MN is 26.4.
Mankato, MN Households
- Total Number of Households16,828
Family 8,385Non-family 8,443
Children 4,126No Children 12,702
- Average People Per Household2.33
- Median Household Income$52,411
- Median Housing Costs Per Month$986
According to the U.S. Census, there are 16,828 households in Mankato, MN. The Census estimates also show that 8,385 are family households and 8,443 are non-family households. Moreover, Mankato has 4,126 households with children in Mankato and 12,702 households without children. On average, about 2.33 people constitute a household in Mankato, MN. The median income of a Mankato household living in Mankato is $52,411 per year. The housing costs per month are estimated around $986.
Mankato, MN Education Statistics
According to U.S. Census Bureau estimates, the share of residents in Mankato, MN that have no high school education is 2%, and the share of those who went to high school is 30%. 24% of residents have some college education, 12% have an Associate Degree, while 22% have a Bachelor Degree, and a share of 11% have a Graduate Degree.
Renting a 3 bedroom apartment in Mankato, MN
Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 1,205 Sq.Ft.. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Mankato, MN, rents on 3 bedroom apartments go up to $1,545. 12 rental properties offer 3 bedroom units in Mankato, MN to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.
Tips on finding a cheap 3 bedroom apartment in Mankato, MN
For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $515 in Mankato, MN, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.