Compared to the national average rent of $1,743, the average rent in North Mankato, MN is $1,156.
Average rent in North Mankato, MN
$1,156/mo
North Mankato, MN average rental price, October 2025
The average monthly rent of apartments in North Mankato, MN is $1,156.
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 65% of Mankato’s apartments are in the $1,001-$1,500 price range. 30% of apartments are priced
≤ $1000.
The largest share of rentals in North Mankato, MN (65%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
What is the price range for a 1-bedroom apartment in North Mankato, MN?
The price range for a 1-bedroom apartment in North Mankato, MN is between $800 and $965.
What is the price range for a 2-bedroom apartment in North Mankato, MN?
The price range for a 2-bedroom apartment in North Mankato, MN is between $900 and $1,525.
What is the price range for a 3-bedroom apartment in North Mankato, MN?
The price range for a 3-bedroom apartment in North Mankato, MN is between $1,800 and $2,600.
What type of rental buildings are in North Mankato, MN?
In North Mankato 28% of the housing is rented out compared to 72% of homes are owned, according to the most recent Census Bureau estimates. 11% of North Mankato’s apartments are found in large buildings of 50 units or more, 68% are located in smaller apartment complexes with less than 50 units, and 21% are single-family rentals.
What do typical apartment communities look like in North Mankato, MN?
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in North Mankato are about 43 years old, on average. Of these, 13% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 84% of the rental communities here are low-rise, garden-style communities, 16% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
What apartment floorplans are common in North Mankato, MN?
Rental apartments in North Mankato come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 39% of the total apartments in the city, while 2-bedroom floorplans represent around 58% of all rentals in North Mankato. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.
Living in North Mankato, MN
North Mankato, Minnesota, located in the southern part of the state, is a short drive from larger cities such as Minneapolis, offering a blend of suburban tranquility and city proximity. The city is part of the Mankato-North Mankato metropolitan area, which is known for its robust education and health sectors, as well as manufacturing and agriculture, attracting a diverse workforce.
The city features well-maintained parks and recreational areas, including Benson Park, known for its spacious playground and walking trails, and Spring Lake Park, which provides scenic views and water activities. North Mankato also boasts a growing arts scene with events like the North Mankato Fun Days, and has a rich historical landscape highlighted by its proximity to the Minnesota River and landmarks such as the Wheeler Park Historic District.
Local cuisine here includes a mix of traditional Midwestern dishes and international options, with restaurants serving everything from hearty American classics to Asian, Mexican, and European fare. The city's educational needs are served by the Mankato Area Public Schools, offering several well-regarded elementary, middle, and high schools, as well as proximity to higher education institutions such as Minnesota State University, Mankato.
Renting in North Mankato, MN
North Mankato provides a variety of rental options ranging from modern apartments to single-family homes. Upper North Mankato is favored by families for its quiet streets and proximity to schools and parks, while Lower North Mankato, closer to the Minnesota River and the city center, appeals to young professionals and those seeking a more active nightlife.
Architecturally, the area features a mix of traditional brick homes, modern townhouses, and apartment complexes. Many properties offer views of the river or access to biking and walking paths, enhancing the appeal for those who appreciate outdoor activities.
Shopping in North Mankato, MN
For shopping, residents have access to several key areas. The Commerce Drive area hosts a range of stores from national retail chains to local boutiques offering everything from fashion to home goods. River Hills Mall, just a short drive away in Mankato, provides a more extensive shopping experience with over 100 stores including major department stores and specialty shops.
Local grocery options include well-known chains as well as specialty stores like Asian Grocery and Hilltop Meat Market, offering diverse food selections. The city also supports a variety of local artisans and crafters, especially during community events and festivals.
Transportation in North Mankato, MN
Public transportation in North Mankato is facilitated through the Mankato Transit System, which offers several bus routes connecting North Mankato to key locations throughout the Mankato area. Handy apps and services assist with route planning and ticket purchases, making commuting straightforward.
For those commuting by car, the city is well-connected through U.S. Route 169 and State Highway 14, linking residents to nearby cities and amenities. Regional travel is supported by the Mankato Regional Airport, which provides flights to other parts of Minnesota and beyond.
Overall, North Mankato, MN, offers a balanced and fulfilling living experience, making it an attractive option for renters seeking both serene living and convenient access to urban amenities. Whether you are a young professional, a family, or a retiree, North Mankato has something to offer.
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