Housing & Real Estate — Mankato, Minnesota
Overview
| Total Housing Units | 19,186 |
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| Occupied | 17,655 |
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| Vacant | 1,531 |
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| Owner-Occupied | 8,880 |
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| Renter-Occupied | 8,775 |
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| Median Home Value (Census) | $261,700 |
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| Estimated 2026 | ~$289,000 |
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| Median Rent | $1,089/mo |
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| Median Property Tax | $2,551/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 19.5% |
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| Severely Rent-Burdened | 44.1% |
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Housing Age
| Built 2010 or later | 3,302 |
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| Built 2000-2009 | 3,373 |
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| Built 1990-1999 | 2,027 |
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| Built before 1960 | 5,412 |
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| Median Year Built | 1982 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
