Mankato, MN Real Estate Prices per Square Foot
Buy prices, rent prices, historical development and submitted values for Mankato, MN.
Average buy price
$169.00 / sqft
Typical residential purchase price per square foot.
Average rent
$1.51 / sqft / month
Monthly rent per square foot.
Median home price
$288,667
Estimated median residential sale price.
Median monthly rent
$1,353
Estimated median rent for the city.
Historical price development
Buy price development
Buy prices have increased by about 16.3% over the last 5 years.
Rent price development
Rent prices have increased by about 39.1% over the last 5 years.
Submitted values in Mankato
This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.
| Date | Type | Property | Price / sqft | Size | Total | Area |
|---|---|---|---|---|---|---|
| 2026-07-02 | Buy | multi-family home | $132.00 / sqft | 4,180 sqft | $551,760 | Washington Park 56001 |
| 2026-06-30 | Rent | townhouse | $1.19 / sqft | 1,590 sqft | $1,892 | Lower North Mankato 56003 |
| 2026-06-28 | Rent | apartment | $1.56 / sqft | 760 sqft | $1,186 | Hilltop 56001 |
| 2026-06-28 | Buy | single-family home | $151.00 / sqft | 2,025 sqft | $305,775 | Washington Park 56001 |
| 2026-06-22 | Rent | condo | $1.48 / sqft | 1,105 sqft | $1,635 | Madison East 56001 |
| 2026-06-22 | Rent | apartment | $1.82 / sqft | 455 sqft | $828 | Downtown Mankato 56001 |
| 2026-06-22 | Rent | duplex | $1.22 / sqft | 1,260 sqft | $1,537 | Washington Park 56001 |
| 2026-06-22 | Rent | single-family home | $1.10 / sqft | 1,850 sqft | $2,035 | Sibley Park 56001 |
| 2026-06-21 | Buy | townhouse | $182.00 / sqft | 1,765 sqft | $321,230 | Highland Park 56001 |
| 2026-06-18 | Buy | single-family home | $192.00 / sqft | 2,475 sqft | $475,200 | Rasmussen Woods 56001 |
| 2026-06-17 | Rent | duplex | $1.18 / sqft | 1,365 sqft | $1,611 | Lincoln Park 56001 |
| 2026-06-15 | Rent | townhouse | $1.31 / sqft | 1,505 sqft | $1,972 | Highland Park 56001 |
| 2026-06-15 | Buy | duplex | $142.00 / sqft | 2,380 sqft | $337,960 | Lincoln Park 56001 |
| 2026-06-14 | Buy | single-family home | $169.00 / sqft | 2,305 sqft | $389,545 | Minneopa Area 56001 |
| 2026-06-14 | Rent | condo | $1.61 / sqft | 970 sqft | $1,562 | Downtown Mankato 56001 |
| 2026-06-14 | Buy | multi-family home | $128.00 / sqft | 3,420 sqft | $437,760 | Old Town 56001 |
| 2026-06-13 | Rent | luxury apartment | $2.08 / sqft | 650 sqft | $1,352 | Downtown Mankato 56001 |
| 2026-06-11 | Rent | single-family home | $1.05 / sqft | 2,250 sqft | $2,363 | East Mankato 56001 |
| 2026-06-10 | Buy | single-family home | $144.00 / sqft | 1,525 sqft | $219,600 | Sibley Park 56001 |
| 2026-06-09 | Rent | loft | $1.86 / sqft | 780 sqft | $1,451 | Downtown Mankato 56001 |
| 2026-06-08 | Rent | single-family home | $1.02 / sqft | 2,400 sqft | $2,448 | Minneopa Area 56001 |
| 2026-06-07 | Buy | single-family home | $215.00 / sqft | 3,980 sqft | $855,700 | Rasmussen Woods 56001 |
| 2026-06-03 | Buy | single-family home | $158.00 / sqft | 1,340 sqft | $211,720 | Lincoln Park 56001 |
| 2026-05-31 | Rent | loft | $1.77 / sqft | 960 sqft | $1,699 | Riverfront 56001 |
| 2026-05-30 | Buy | loft | $196.00 / sqft | 860 sqft | $168,560 | Riverfront 56001 |
| 2026-05-30 | Buy | single-family home | $184.00 / sqft | 2,180 sqft | $401,120 | Highland Park 56001 |
| 2026-05-29 | Buy | condo | $189.00 / sqft | 735 sqft | $138,915 | Downtown Mankato 56001 |
| 2026-05-27 | Buy | townhouse | $163.00 / sqft | 1,685 sqft | $274,655 | Madison East 56001 |
| 2026-05-26 | Rent | multi-family home | $1.04 / sqft | 2,140 sqft | $2,226 | Washington Park 56001 |
| 2026-05-22 | Buy | single-family home | $166.00 / sqft | 1,760 sqft | $292,160 | West Mankato 56001 |
| 2026-05-21 | Buy | single-family home | $147.00 / sqft | 1,890 sqft | $277,830 | Sibley Park 56001 |
| 2026-05-20 | Buy | condo | $181.00 / sqft | 980 sqft | $177,380 | Downtown Mankato 56001 |
| 2026-05-19 | Rent | apartment | $1.75 / sqft | 540 sqft | $945 | Campus Village 56001 |
| 2026-05-17 | Rent | apartment | $1.38 / sqft | 1,180 sqft | $1,628 | Madison East 56001 |
| 2026-05-15 | Rent | duplex | $1.28 / sqft | 1,450 sqft | $1,856 | Old Town 56001 |
| 2026-05-08 | Buy | duplex | $137.00 / sqft | 2,660 sqft | $364,420 | East Mankato 56001 |
| 2026-05-06 | Buy | single-family home | $187.00 / sqft | 2,740 sqft | $512,380 | Lower North Mankato 56003 |
| 2026-04-26 | Rent | apartment | $1.43 / sqft | 915 sqft | $1,308 | Madison East 56001 |
| 2026-04-24 | Buy | single-family home | $159.00 / sqft | 1,615 sqft | $256,785 | Campus Village 56001 |
| 2026-04-24 | Rent | apartment | $1.67 / sqft | 620 sqft | $1,035 | Campus Village 56001 |
| 2026-04-22 | Rent | single-family home | $1.07 / sqft | 2,050 sqft | $2,194 | West Mankato 56001 |
| 2026-04-22 | Buy | single-family home | $202.00 / sqft | 3,100 sqft | $626,200 | Marwood 56001 |
| 2026-04-19 | Rent | apartment | $1.69 / sqft | 695 sqft | $1,175 | Campus Village 56001 |
| 2026-04-19 | Rent | apartment | $1.52 / sqft | 1,040 sqft | $1,581 | Hilltop 56001 |
| 2026-04-14 | Buy | townhouse | $177.00 / sqft | 1,460 sqft | $258,420 | Hilltop 56001 |
| 2026-04-12 | Rent | townhouse | $1.26 / sqft | 1,420 sqft | $1,789 | Hilltop 56001 |
| 2026-04-11 | Buy | condo | $168.00 / sqft | 1,125 sqft | $189,000 | Madison East 56001 |
| 2026-04-10 | Buy | condo | $174.00 / sqft | 1,240 sqft | $215,760 | Hilltop 56001 |
| 2026-04-09 | Buy | townhouse | $173.00 / sqft | 1,540 sqft | $266,420 | Lower North Mankato 56003 |
| 2026-04-06 | Rent | luxury apartment | $1.94 / sqft | 870 sqft | $1,688 | Riverfront 56001 |
| 2026-04-01 | Rent | luxury apartment | $1.92 / sqft / month | 875 sqft | $1,680 | Downtown Mankato 56001 |
| 2026-03-20 | Buy | single-family home | $178.00 / sqft | 2,250 sqft | $400,500 | Rasmussen Woods 56001 |
| 2025-08-01 | Rent | duplex | $1.23 / sqft / month | 1,325 sqft | $1,630 | East Mankato 56001 |
| 2025-05-16 | Buy | townhouse | $171.00 / sqft | 1,640 sqft | $280,440 | Lower North Mankato 56003 |
| 2024-09-01 | Rent | apartment | $1.55 / sqft / month | 890 sqft | $1,380 | Downtown Mankato 56001 |
| 2024-04-18 | Buy | duplex | $139.00 / sqft | 2,520 sqft | $350,280 | Old Town 56001 |
| 2023-10-01 | Rent | single-family home | $1.12 / sqft / month | 1,900 sqft | $2,128 | Highland Park 56001 |
| 2023-06-08 | Buy | single-family home | $165.00 / sqft | 2,050 sqft | $338,250 | Madison East 56001 |
| 2022-08-01 | Rent | townhouse | $1.16 / sqft / month | 1,500 sqft | $1,740 | Hilltop 56001 |
| 2022-05-26 | Buy | condo | $158.00 / sqft | 1,120 sqft | $176,960 | Downtown Mankato 56001 |
| 2021-09-01 | Rent | apartment | $1.38 / sqft / month | 700 sqft | $966 | Campus Village 56001 |
| 2021-07-12 | Buy | single-family home | $153.00 / sqft | 2,300 sqft | $351,900 | Rasmussen Woods 56001 |
| 2020-10-01 | Rent | duplex | $1.05 / sqft / month | 1,240 sqft | $1,302 | Washington Park 56001 |
| 2020-06-19 | Buy | single-family home | $142.00 / sqft | 1,940 sqft | $275,480 | Sibley Park 56001 |
| 2019-08-15 | Rent | apartment | $1.25 / sqft / month | 820 sqft | $1,025 | Madison East 56001 |
| 2019-04-29 | Buy | townhouse | $137.00 / sqft | 1,585 sqft | $217,145 | Hilltop 56001 |
| 2018-11-01 | Rent | luxury apartment | $1.46 / sqft / month | 760 sqft | $1,110 | Downtown Mankato 56001 |
| 2018-07-17 | Buy | single-family home | $132.00 / sqft | 2,110 sqft | $278,520 | Marwood 56001 |
| 2017-09-01 | Rent | single-family home | $0.91 / sqft / month | 1,820 sqft | $1,656 | West Mankato 56001 |
| 2017-05-25 | Buy | duplex | $102.00 / sqft | 2,440 sqft | $248,880 | Lincoln Park 56001 |
| 2016-10-01 | Rent | townhouse | $0.95 / sqft / month | 1,400 sqft | $1,330 | Lower North Mankato 56003 |
| 2016-06-09 | Buy | single-family home | $121.00 / sqft | 1,880 sqft | $227,480 | Highland Park 56001 |
| 2015-08-20 | Rent | apartment | $1.14 / sqft / month | 730 sqft | $832 | Campus Village 56001 |
| 2015-03-13 | Buy | condo | $116.00 / sqft | 1,065 sqft | $123,540 | Downtown Mankato 56001 |
| 2014-11-15 | Rent | duplex | $0.86 / sqft / month | 1,180 sqft | $1,015 | East Mankato 56001 |
| 2014-07-31 | Buy | single-family home | $110.00 / sqft | 2,250 sqft | $247,500 | Rasmussen Woods 56001 |
| 2013-09-01 | Rent | apartment | $1.08 / sqft / month | 690 sqft | $745 | Hilltop 56001 |
| 2013-04-22 | Buy | townhouse | $105.00 / sqft | 1,500 sqft | $157,500 | Madison East 56001 |
| 2012-08-01 | Rent | single-family home | $0.78 / sqft / month | 1,700 sqft | $1,326 | Sibley Park 56001 |
| 2012-06-14 | Buy | single-family home | $96.00 / sqft | 1,685 sqft | $161,760 | Washington Park 56001 |
| 2011-10-01 | Rent | loft | $1.02 / sqft / month | 800 sqft | $816 | Downtown Mankato 56001 |
| 2011-05-06 | Buy | multi-family home | $74.00 / sqft | 3,400 sqft | $251,600 | Lincoln Park 56001 |
| 2010-11-01 | Rent | townhouse | $0.76 / sqft / month | 1,350 sqft | $1,026 | Hilltop 56001 |
| 2010-07-19 | Buy | single-family home | $92.00 / sqft | 1,920 sqft | $176,640 | East Mankato 56001 |
| 2009-09-01 | Rent | apartment | $0.89 / sqft / month | 760 sqft | $676 | Campus Village 56001 |
| 2009-03-27 | Buy | condo | $85.00 / sqft | 980 sqft | $83,300 | Hilltop 56001 |
| 2008-08-15 | Rent | single-family home | $0.68 / sqft / month | 1,580 sqft | $1,074 | West Mankato 56001 |
| 2008-06-02 | Buy | single-family home | $89.00 / sqft | 1,760 sqft | $156,640 | Sibley Park 56001 |
| 2007-12-01 | Rent | duplex | $0.72 / sqft / month | 1,225 sqft | $882 | Washington Park 56001 |
| 2007-05-11 | Buy | townhouse | $98.00 / sqft | 1,420 sqft | $139,160 | Madison East 56001 |
| 2006-09-01 | Rent | apartment | $0.90 / sqft / month | 610 sqft | $549 | Downtown Mankato 56001 |
| 2006-08-07 | Buy | single-family home | $101.00 / sqft | 2,140 sqft | $216,140 | Marwood 56001 |
| 2005-10-01 | Rent | apartment | $0.86 / sqft / month | 725 sqft | $624 | Hilltop 56001 |
| 2005-04-18 | Buy | duplex | $70.00 / sqft | 2,360 sqft | $165,200 | Old Town 56001 |
| 2004-08-01 | Rent | townhouse | $0.69 / sqft / month | 1,280 sqft | $883 | Lower North Mankato 56003 |
| 2004-06-25 | Buy | single-family home | $93.00 / sqft | 1,875 sqft | $174,375 | Rasmussen Woods 56001 |
| 2003-11-01 | Rent | single-family home | $0.62 / sqft / month | 1,650 sqft | $1,023 | Sibley Park 56001 |
| 2003-05-19 | Buy | condo | $91.00 / sqft | 1,040 sqft | $94,640 | Madison East 56001 |
| 2002-09-01 | Rent | apartment | $0.79 / sqft / month | 680 sqft | $537 | Campus Village 56001 |
| 2002-07-03 | Buy | single-family home | $86.00 / sqft | 2,050 sqft | $176,300 | Highland Park 56001 |
| 2001-08-20 | Rent | duplex | $0.61 / sqft / month | 1,160 sqft | $708 | Lincoln Park 56001 |
| 2001-03-21 | Buy | townhouse | $82.00 / sqft | 1,325 sqft | $108,650 | Hilltop 56001 |
| 2000-10-01 | Rent | loft | $0.83 / sqft / month | 760 sqft | $631 | Downtown Mankato 56001 |
| 2000-06-16 | Buy | single-family home | $78.00 / sqft | 1,720 sqft | $134,160 | East Mankato 56001 |
| 1999-12-01 | Rent | apartment | $0.74 / sqft / month | 700 sqft | $518 | Madison East 56001 |
| 1999-04-09 | Buy | multi-family home | $52.00 / sqft | 3,160 sqft | $164,320 | Washington Park 56001 |
| 1998-09-15 | Rent | single-family home | $0.55 / sqft / month | 1,500 sqft | $825 | West Mankato 56001 |
| 1998-05-28 | Buy | single-family home | $73.00 / sqft | 1,540 sqft | $112,420 | Lincoln Park 56001 |
| 1997-08-01 | Rent | townhouse | $0.57 / sqft / month | 1,260 sqft | $718 | Hilltop 56001 |
| 1997-02-14 | Buy | condo | $76.00 / sqft | 950 sqft | $72,200 | Downtown Mankato 56001 |
| 1996-10-01 | Rent | apartment | $0.70 / sqft / month | 580 sqft | $406 | Old Town 56001 |
| 1996-07-08 | Buy | single-family home | $66.00 / sqft | 1,825 sqft | $120,450 | Sibley Park 56001 |
| 1995-11-01 | Rent | duplex | $0.54 / sqft / month | 1,100 sqft | $594 | East Mankato 56001 |
| 1995-03-30 | Buy | townhouse | $71.00 / sqft | 1,180 sqft | $83,780 | Hilltop 56001 |
| 1994-09-01 | Rent | apartment | $0.66 / sqft / month | 640 sqft | $422 | Campus Village 56001 |
| 1994-06-22 | Buy | single-family home | $62.00 / sqft | 1,450 sqft | $89,900 | Washington Park 56001 |
| 1993-08-15 | Rent | single-family home | $0.51 / sqft / month | 1,320 sqft | $673 | Sibley Park 56001 |
| 1993-04-12 | Buy | duplex | $47.00 / sqft | 2,050 sqft | $96,350 | Lincoln Park 56001 |
| 1992-09-01 | Rent | apartment | $0.62 / sqft / month | 720 sqft | $446 | Downtown Mankato 56001 |
| 1992-05-18 | Buy | single-family home | $58.00 / sqft | 1,680 sqft | $97,440 | West Mankato 56001 |
Housing market overview for Mankato, MN
The real estate market in Mankato, MN can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $169.00 / sqft and an average rent of $1.51 / sqft / month.
Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.
The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.
Frequently asked questions
What is the average home price per square foot in Mankato?
The average residential buy price in Mankato, MN is $169.00 / sqft based on the current values available on this page.
How much is rent per square foot in Mankato?
The average rental price in Mankato, MN is $1.51 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.
Are property prices in Mankato increasing?
Buy prices have increased by about 16.3% over the last 5 years. Rent prices have increased by about 39.1% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.