3-Bedroom Apartment Rent in Mankato, MN
Median asking rent for a 3-bedroom apartment in Mankato, Minnesota as of October 2026. That's +39% higher than the citywide median of $1,257 and +18% below the national 3-bedroom median of $2,130.
Income needed for a 3-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 3-bedroom at the current median rent.
Rent by apartment size in Mankato
Compare Mankato's median rent across every apartment size.
Cheapest cities for a 3-bedroom in Minnesota
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Albert Lea | $1,200 |
| 2 | Winona | $1,200 |
| 3 | Bemidji | $1,320 |
| 4 | Austin | $1,330 |
| 5 | Moorhead | $1,460 |
| 6 | Owatonna | $1,460 |
| 7 | Waite Park | $1,570 |
| 8 | Anoka | $1,666 |
| 9 | Duluth | $1,666 |
| 10 | Saint Cloud | $1,690 |
| 11 | Mankato (this page) | $1,750 |
| 12 | Victoria | $1,792 |
| 13 | Rochester | $1,918 |
| 14 | Buffalo | $1,970 |
| 15 | Northfield | $1,970 |
Most expensive cities for a 3-bedroom in Minnesota
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Woodbury | $3,035 |
| 2 | Maple Grove | $2,935 |
| 3 | Eden Prairie | $2,890 |
| 4 | Wayzata | $2,865 |
| 5 | Lakeville | $2,850 |
| 6 | Cottage Grove | $2,840 |
| 7 | Edina | $2,797 |
| 8 | Blaine | $2,775 |
| 9 | Brooklyn Park | $2,750 |
| 10 | Plymouth | $2,748 |
| 11 | Savage | $2,700 |
| 12 | Rosemount | $2,700 |
| 13 | Minnetonka | $2,665 |
| 14 | Saint Louis Park | $2,545 |
| 15 | Apple Valley | $2,540 |
Nearby cities — 3-bedroom rent
Considering nearby alternatives? 2 of these cities have cheaper 3-bedroom rents than Mankato.
| City | Distance | 3-Bedroom rent | vs Mankato |
|---|---|---|---|
| Owatonna, MN | 52.3 mi | $1,460 | $-290 (-17%) |
| Chaska, MN | 52.7 mi | $2,280 | +$530 (+30%) |
| Shakopee, MN | 53.8 mi | $2,410 | +$660 (+38%) |
| Prior Lake, MN | 54.6 mi | $2,280 | +$530 (+30%) |
| Victoria, MN | 55 mi | $1,792 | +$42 (+2%) |
| Albert Lea, MN | 55.5 mi | $1,200 | $-550 (-31%) |
| Lakeville, MN | 60.1 mi | $2,850 | +$1,100 (+63%) |
| Northfield, MN | 60.2 mi | $1,970 | +$220 (+13%) |
| Savage, MN | 60.6 mi | $2,700 | +$950 (+54%) |
| Eden Prairie, MN | 61.7 mi | $2,890 | +$1,140 (+65%) |
| Burnsville, MN | 64.7 mi | $2,445 | +$695 (+40%) |
| Minnetonka, MN | 66.4 mi | $2,665 | +$915 (+52%) |
3-Bedroom rent in Mankato — common questions
How much is a 3-bedroom apartment in Mankato?
As of October 2026, the median 3-bedroom apartment rent in Mankato, Minnesota is $1,750 per month. This is +39% higher than the citywide median of $1,257.
What income do you need to afford a 3-bedroom in Mankato?
Using the standard 30% rent-to-income rule, you would need an annual income of about $70,000 ($5,833/month gross), which works out to roughly $33.65/hour at a full-time job.
Is Mankato expensive for a 3-bedroom compared to the rest of the US?
Mankato's 3-bedroom median of $1,750 is +18% below the national 3-bedroom median of $2,130. It ranks in the 30th percentile of US cities tracked.
How does Mankato rank for 3-bedroom rent in Minnesota?
Among the 66 cities in Minnesota with 3-bedroom data, Mankato ranks #11 from cheapest to most expensive.
Are there cheaper 3-bedroom options near Mankato?
Yes — nearby cities with cheaper 3-bedroom rents include Owatonna ($1,460), Albert Lea ($1,200).