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Mankato, MN
Full City Profile · Minnesota · Le Sueur County County
3.3
/5.0
B
Good
44,882
Population
2,258/sq mi density
$64,826
Median Income
$32,788 per capita
$250,600
Home Value
$298,273 Zillow
$1,089
Median Rent
29.7% income on rent
44°F
Avg Temperature
270 sunny days/yr
256
Violent Crime/100K
3,404 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$64,826 median income, 3.4% unemployment
A+
Affordability
4.5 / 5.0
$250,600 home value, $1,089/mo rent
F
Safety
1.0 / 5.0
256 violent crimes/100K
B+
Education
3.9 / 5.0
36.2% bachelor's degree or higher
Housing Overview
Median Home Value
$250,600
11% below
US avg: $281,900
Median Rent
$1,089/mo
6% below
US avg: $1,163/mo
Homeownership Rate
50.3%
23% below US avg (65.4%)
Total Housing Units
18,951
Median year built: 1982
Home Value by Source
Census Median
$250,600
Zillow (ZHVI)
$298,273
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
50.3%
Owner-Occupied
49.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,089/mo
· Zillow rent:
$1,367/mo
Affordability & Housing Stock
Rent Burden
29.7%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1982
Average age of housing stock: 44 years
Homeownership Rate
50.3%
Complete Housing Data
Home Values
| Census Median Value | $250,600 |
| Zillow Home Value (ZHVI) | $298,273 |
Rent
| Census Median Rent | $1,089 |
| Zillow Rent (ZORI) | $1,367 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
Ownership & Stock
| Owner-Occupied | 50.3% |
| Renter-Occupied | 49.7% |
| Homeownership Rate | 50.3% |
| Total Housing Units | 18,951 |
| Median Year Built | 1982 |
| Rent Burden | 29.7% |