1-Bedroom Rent · July 2026

1-Bedroom Apartment Rent in Mankato, MN

$1,030/mo

Median asking rent for a 1-bedroom apartment in Mankato, Minnesota as of July 2026. That's +16% lower than the citywide median of $1,232 and +26% below the national 1-bedroom median of $1,395.

1-Bedroom median
$1,030
July 2026
vs city overall
-16%
$1,232 city median
vs national
-26%
$1,395 US median
Minnesota rank
#10
of 64 cities

Income needed for a 1-bedroom in Mankato

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.

Annual income
$41,200
Monthly gross
$3,433
Hourly (full-time)
$19.81

Rent by apartment size in Mankato

Compare Mankato's median rent across every apartment size.

Studio
$1,030
1-Bedroom (current)
$1,030
2-Bedroom
$1,250
3-Bedroom
$1,750
4+ Bedroom
$2,100

Cheapest cities for a 1-bedroom in Minnesota

#City1-Bedroom rent
1Winona$780
2Austin$800
3Owatonna$800
4Bemidji$830
5Moorhead$860
6Waite Park$920
7Duluth$972
8Anoka$975
9Saint Cloud$1,003
10Mankato (this page)$1,030
11Rochester$1,120
12Little Canada$1,173
13Northfield$1,200
14South Saint Paul$1,200
15Saint Michael$1,220

Most expensive cities for a 1-bedroom in Minnesota

#City1-Bedroom rent
1Woodbury$1,870
2Maple Grove$1,805
3Eden Prairie$1,775
4Lakeville$1,750
5Cottage Grove$1,750
6Edina$1,723
7Blaine$1,710
8Plymouth$1,690
9Brooklyn Park$1,690
10Savage$1,660
11Rosemount$1,660
12Minnetonka$1,640
13Apple Valley$1,570
14Saint Louis Park$1,565
15Vadnais Heights$1,560

Nearby cities — 1-bedroom rent

Considering nearby alternatives? 1 of these cities have cheaper 1-bedroom rents than Mankato.

CityDistance1-Bedroom rentvs Mankato
Owatonna, MN52.3 mi$800$-230 (-22%)
Chaska, MN52.7 mi$1,400+$370 (+36%)
Shakopee, MN53.8 mi$1,480+$450 (+44%)
Prior Lake, MN54.6 mi$1,400+$370 (+36%)
Lakeville, MN60.1 mi$1,750+$720 (+70%)
Northfield, MN60.2 mi$1,200+$170 (+17%)
Savage, MN60.6 mi$1,660+$630 (+61%)
Spring Park, MN60.7 mi$1,270+$240 (+23%)
Eden Prairie, MN61.7 mi$1,775+$745 (+72%)
Burnsville, MN64.7 mi$1,505+$475 (+46%)
Minnetonka, MN66.4 mi$1,640+$610 (+59%)
Wayzata, MN66.5 mi$1,400+$370 (+36%)

1-Bedroom rent in Mankato — common questions

How much is a 1-bedroom apartment in Mankato?

As of July 2026, the median 1-bedroom apartment rent in Mankato, Minnesota is $1,030 per month. This is +16% below the citywide median of $1,232.

What income do you need to afford a 1-bedroom in Mankato?

Using the standard 30% rent-to-income rule, you would need an annual income of about $41,200 ($3,433/month gross), which works out to roughly $19.81/hour at a full-time job.

Is Mankato expensive for a 1-bedroom compared to the rest of the US?

Mankato's 1-bedroom median of $1,030 is +26% below the national 1-bedroom median of $1,395. It ranks in the 23th percentile of US cities tracked.

How does Mankato rank for 1-bedroom rent in Minnesota?

Among the 64 cities in Minnesota with 1-bedroom data, Mankato ranks #10 from cheapest to most expensive.

Are there cheaper 1-bedroom options near Mankato?

Yes — nearby cities with cheaper 1-bedroom rents include Owatonna ($800).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Mankato, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.