Home prices
The median home price in North Mankato is $193,400. It is roughly $33,260 (20%) higher compared to the surrounding areas.Compared to the entire country it is roughly $24,100 (11%) lower, and it is about $58,200 (23%) lower in comparison to the city of Minneapolis.
Rents
North Mankato's median monthly rent is $818. It is approximately $37 (4%) lower in comparison to its nearby areas.In comparison to the country as a whole it is about $244 (22%) lower, and compared to the city of Minneapolis is about $209 (20%) lower.
Nearby places
Mankato
Mankato is North Mankato's neighbor to the east. Real estate prices there are a little less expensive. The median home in Mankato is valued at $179,400, which is $14,000 (7%) lower than North Mankato. Rents there are somewhat more expensive. The median rent in Mankato is $899 a month, which works out to $81 (9%) higher than North Mankato.
Eagle Lake
Eagle Lake is about 6 miles east from North Mankato. The housing prices there are similar. The cost of the median home in Eagle Lake is $184,400, which comes out to $9,000 (4%) lower than North Mankato. Rent there is a lot more expensive. Eagle Lake's median rent is $1,279 a month, which works out to $461 (36%) higher than North Mankato.
Kasota
Kasota is approximately 7 miles northeast of North Mankato. The real estate prices there are substantially less expensive. The price of the median home in Kasota is $121,500, which works out to $71,900 (59%) lower than North Mankato. Rents there are a little less expensive. In Kasota the median rent is $638 a month, which is $180 (28%) lower than North Mankato.
Nicollet
Nicollet is about 8 miles northwest of North Mankato. Its housing prices are a little less expensive. The price of the median home in Nicollet is $162,200, which comes out to $31,200 (19%) lower than North Mankato. Rents there are somewhat less expensive. In Nicollet the median monthly rent is $742, which is $76 (10%) lower than North Mankato.
Lake Crystal
Lake Crystal is about 8 miles southwest of North Mankato. The real estate prices there are a bit less expensive. Lake Crystal's median home value is $153,200, which works out to $40,200 (26%) lower than North Mankato. Rents there are somewhat less expensive. Lake Crystal's median monthly rent is $719, which comes out to $99 (13%) lower than North Mankato.