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Studio Apartments for Rent in Mankato City, MN

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Mankato City, MN rent trends

Rental prices in Mankato City, MN have increased by 9.77% over the past year. The average rent moved from $785 to $862.

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

The average monthly rent in Mankato City, MN is around $862, while the national average rent is $1,750.

Average rent in Mankato City, MN

$862/mo Mankato City, MN average rental price, September 2025
Image Average Rent

Apartments in Mankato City, MN rent for $862 per month, on average.

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

    73% of apartments in Mankato City, MN are priced ≤ $1000. About 27% charge rents in the $1,001-$1,500 range.

    The largest share of rentals in Mankato City, MN (73%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Mankato City, MN

    69 /100
    Somewhat Walkable
    48 /100
    Somewhat Bikeable
    Walk Score®: 69, Bike Score®: 48

    Frequently asked questions

    What is the average size of a studio apartment in Mankato City, MN?

    The average Mankato City, MN studio apartment size is 588 sq. ft.

    What are the advantages of renting a studio apartment in Mankato City, MN?

    Studio apartments in Mankato City, MN tend to be more affordable than other apartments and they have lower utility costs.

    What are the downsides of renting a studio apartment in Mankato City, MN?

    One of the downsides of living in a studio apartment is the limited storage space.