Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mankato area can be challenging. Home prices in Mankato are now at a median cost of $67,917, lower than the Kansas average of $185,150.
The average cost of rent is $888/mo in Mankato, primarily driven by the current value of real estate in the Mankato area. While nearly 72.47% of residents own their homes outright in Mankato, 13.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mankato is $4,698 per month. Households that rent pay about 18.90% of their income on rent here. Mankato's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Montrose, KS: less expensive homes
- Otego, KS: less expensive homes
- Burr Oak, KS: less expensive homes
- Jewell, KS: equally priced homes
- Formoso, KS: less expensive homes
- Esbon, KS: less expensive homes
- Lovewell, KS: less expensive homes
- Randall, KS: equally priced homes
- Webber, KS: less expensive homes
- Northbranch, KS: less expensive homes
Cities with Similar Populations
- Seelyville, IN: higher priced homes
- Nerstrand, MN: higher priced homes
- New Hope, FL: higher priced homes
- Newell, SD: higher priced homes
- Nome, TX: higher priced homes
- Raleigh, FL: higher priced homes
- Ranger, WV: equally priced homes
- Rayle, GA: higher priced homes
- Red Oak, OK: higher priced homes
- Rose Valley, PA: higher priced homes
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