Housing in North Mankato, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$300,893

North Mankato vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. North Mankato is highlighted.

Median Home Value

Median Rent

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$252,700

Median Rent

$918

Total Housing Units

6,078

Vacancy Rate

2.6%

Owner Occupied

72.4%

Renter Occupied

27.6%

Median Property Tax

$3,043

per year

Monthly Cost (w/ Mortgage)

$1,289

Housing Types

Single Family
71.2%
Multi-Family
22.6%
Mobile Home
6.3%

The median home value in North Mankato, MN is $252,700. According to Zillow, the home value index for North Mankato is $300,893. The median rent is $918 per month (Census ACS). About 72.4% of housing units are owner-occupied. The median year homes were built is 1982. There are 6,078 total housing units.