The median home in Mankato, Minnesota is valued at $295,308, up 4.4% year over year. Typical monthly rent is $1,618, producing a price-to-rent ratio of 15.2x — near the national average of 18x. Mankato is part of the Mankato, MN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
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Home Value$295,308
+4.4%
Rent$1,618/mo
AFFORDABILITYRenting $301/mo cheaper ($1,618 rent)6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.
Enter your income for Mankato.
$59,062 on $295,308
Stretch — 30.7% of income
Above 28% but manageable with cuts.
PITI$1,919
P/I30.7%
Afford$269K
Gap-$26K
P&I $1,493Tax $276Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
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Full Mankato, MN analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Mankato, MN metro.
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