Median home value: $295K (+4.4% YoY). Rent: $1,618/mo. Price-to-rent: 15.2x. Part of Mankato, MN.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Mankato, MN metro page.
Home Value$295,308
+4.4%
Rent$1,618/mo
AFFORDABILITYRenting $224/mo cheaper ($1,618 rent)6.00% 30yr, 20% down, county tax + MN ins. 28% per HUD.
Enter your income for Mankato.
$59,062 on $295,308
Stretch — 29.5% of income
Above 28% but manageable with cuts.
PITI$1,842
P/I29.5%
Afford$281K
Gap-$15K
P&I $1,416Tax $276Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing