Rental numbers for the Mankato, MN metro
The typical home here runs -$1,367 a month at 7.78% with 25% down. 0 of 3 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 4.8%.
- Gross yield
- 4.6%
- typical home, Zillow
- Median ZIP yield
- 4.8%
- 3 ZIPs with full data
- Cash flow
- -$1,367/mo
- at 7.78%, 25% down
- Typical price
- $308,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,184/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
22 with published figures
| 56060Lewisville | $170,000 | $1,060* | 7.5% | 2.8% | -$514 | n/a |
| 56078Pemberton | $250,000 | $1,540* | 7.4% | 3.2% | -$673 | n/a |
| 55332Fairfax | $185,000 | $1,060* | 6.9% | 2.5% | -$619 | n/a |
| 56090Vernon Center | $235,000 | $1,200* | 6.1% | 2.3% | -$817 | n/a |
| 56062Madelia | $210,000 | $1,060* | 6.1% | 2.2% | -$747 | n/a |
| 56068Minnesota Lake | $217,000 | $1,060* | 5.9% | 1.9% | -$820 | n/a |
| 55335Gibbon | $236,000 | $1,060* | 5.4% | 1.6% | -$965 | n/a |
| 56024Eagle Lake | $340,000 | $1,495 | 5.3% | 1.9% | -$1,280 | n/a |
| 56010Amboy | $246,000 | $1,060* | 5.2% | 1.2% | -$1,076 | n/a |
| 56080Saint Clair | $247,000 | $1,060* | 5.2% | 1.2% | -$1,083 | n/a |
| 56054Lafayette | $256,000 | $1,060* | 5.0% | 1.3% | -$1,109 | n/a |
| 55334Gaylord | $257,000 | $1,060* | 5.0% | 1.0% | -$1,161 | n/a |
| 56065Mapleton | $265,000 | $1,060* | 4.8% | 1.3% | -$1,146 | n/a |
| 56001Mankato | $301,000 | $1,198 | 4.8% | 1.4% | -$1,269 | +5.3% |
| 56082Saint Peter | $300,000 | $1,110* | 4.4% | 0.9% | -$1,382 | n/a |
| 56055Lake Crystal | $288,000 | $1,060* | 4.4% | 1.1% | -$1,277 | n/a |
| 56048Janesville | $294,000 | $1,060* | 4.3% | 0.8% | -$1,392 | n/a |
| 56034Garden City | $298,000 | $1,060* | 4.3% | 1.1% | -$1,333 | n/a |
| 56003North Mankato | $324,000 | $1,100 | 4.1% | 0.6% | -$1,576 | n/a |
| 56021Courtland | $348,000 | $1,150* | 4.0% | 0.9% | -$1,614 | n/a |
| 56074Nicollet | $328,000 | $1,060* | 3.9% | 0.7% | -$1,570 | n/a |
| 56037Good Thunder | $332,000 | $1,060* | 3.8% | 0.6% | -$1,634 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.9%
- Rent, 12 months
- +4.3%
- Rent minus price growth
- +1.4 pts
- Property tax
- 1.12%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $246,310 | n/a |
| Aug 2022 | $272,144 | n/a |
| Aug 2023 | $277,409 | $989 |
| Aug 2024 | $283,686 | $1,031 |
| Aug 2025 | $299,283 | $1,135 |
| Aug 2026 | $308,015 | $1,184 |
Counties
- Renville County, MNn/a median yield
- Sibley County, MNn/a median yield
- Blue Earth County, MN5.0% median yield
- Nicollet County, MN4.1% median yield
- Waseca County, MNn/a median yield
- Watonwan County, MNn/a median yield
- Faribault County, MNn/a median yield
Tools
Questions
- Is the Mankato, MN metro good for rental property?
- The typical home here runs -$1,367 a month at 7.78% with 25% down. 0 of 3 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 4.8%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Mankato, MN metro have the highest rental yield?
- 56024 (Eagle Lake) at 5.3%, 56001 (Mankato) at 4.8%, 56003 (North Mankato) at 4.1%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.