Home prices
The value of the median home in Mankato is $63,200. It is roughly $17,900 (39%) higher in comparison to nearby areas.It is about $154,300 (70%) lower in comparison to the country as a whole, and it is roughly $77,600 (55%) lower in comparison to the city of Grand Island.
Rents
Mankato's median rent is $552 a month. It is about $61 (9%) lower compared to its nearby areas.Compared to the rest of the nation it is about $510 (48%) lower, and it is roughly $215 (28%) lower compared to the city of Grand Island.
Nearby places
Jewell
Jewell is approximately 8 miles south from Mankato. Its real estate prices are substantially less expensive. Jewell's median home price is $46,000, which works out to $17,200 (37%) lower than Mankato. Rent there is a bit less expensive. The median rent in Jewell is $454 a month, which is $98 (21%) lower than Mankato.
Esbon
Esbon is about 10 miles west from Mankato. The real estate prices there are significantly less expensive. The median home in Esbon costs $37,500, which comes out to $25,700 (68%) lower than Mankato. Its rents are somewhat more expensive. Esbon's median rent is $775 per month, which works out to $223 (28%) higher than Mankato.
Courtland
Courtland is roughly 14 miles east of Mankato. The real estate prices there are somewhat less expensive. The median home in Courtland costs $56,300, which works out to $6,900 (12%) lower than Mankato. Rents there are fairly similar. The median monthly rent in Courtland is $576, which is $24 (4%) higher than Mankato.
Lebanon
Lebanon is roughly 16 miles west of Mankato. Housing prices there are a lot less expensive. The median home in Lebanon is valued at $27,000, which is $36,200 (134%) lower than Mankato. The rent there is a bit more expensive. Lebanon's median rent is $788 per month, which works out to $236 (29%) higher than Mankato.
Superior
Superior is about 17 miles north of Mankato. The real estate prices there are somewhat less expensive. The median home price in Superior is $59,700, which comes out to $3,500 (5%) lower than Mankato. The rent there is a little less expensive. The median rent in Superior is $470 a month, which works out to $82 (17%) lower than Mankato.