Housing & Real Estate — North Mankato, Minnesota
Overview
| Total Housing Units | 6,078 |
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| Occupied | 5,922 |
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| Vacant | 156 |
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| Owner-Occupied | 4,289 |
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| Renter-Occupied | 1,633 |
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| Median Home Value (Census) | $262,100 |
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| Estimated 2026 | ~$285,000 |
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| Median Rent | $918/mo |
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| Median Property Tax | $3,161/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 | 13.6% |
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| Severely Rent-Burdened | 18.5% |
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Housing Age
| Built 2010 or later | 790 |
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| Built 2000-2009 | 993 |
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| Built 1990-1999 | 650 |
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| Built before 1960 | 1,497 |
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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.
