Mankato, MN Metro Area - Investment Guide

Metro Area • 21 Cities • 22 ZIP Codes

Avg Home Value $272,543
Avg Monthly Rent $1,037
Avg Cap Rate 3.05%
Avg Investability 3.0 ★
Cities 21
ZIP Codes 22

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🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
☀️
WARM MARKET
Mankato, MN Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
11.6%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions data as of August 29, 2026 — updated weekly

Best ZIP codes in Mankato, MN

Every ZIP in the metro, ranked four ways. Free.

Cash Flow → Appreciation → Affordable →

Cities in Mankato, MN

Top ZIP Codes by Investability

ZIP Code City State Home Value Rent Cap Rate Rating
56060 Lewisville MN $162,411 $954 4.58% 4.0 ★
56060 Lewisville MN $162,411 $954 4.58% 4.0 ★
56055 Lake Crystal MN $294,032 $954 2.53% 3.0 ★
56001 Mankato MN $305,189 $1,355 3.46% 3.0 ★
56074 Nicollet MN $311,699 $954 2.39% 3.0 ★
56034 Garden City MN $286,293 $954 2.60% 3.0 ★
56090 Vernon Center MN $236,286 $1,080 3.57% 3.0 ★
56037 Good Thunder MN $317,618 $954 2.34% 3.0 ★
55332 Fairfax MN $176,798 $954 4.21% 3.0 ★
56060 Lewisville MN $173,317 $954 4.29% 3.0 ★
56003 North Mankato MN $328,206 $954 2.27% 3.0 ★
56078 Pemberton MN $237,757 $1,386 4.55% 3.0 ★
56048 Janesville MN $278,958 $954 2.67% 3.0 ★
55334 Gaylord MN $241,809 $954 3.08% 3.0 ★
56062 Madelia MN $214,827 $954 3.46% 3.0 ★
56010 Amboy MN $244,269 $954 3.05% 3.0 ★
56080 Saint Clair MN $237,731 $954 3.13% 3.0 ★
56021 Courtland MN $347,260 $1,035 2.32% 3.0 ★
56082 Saint Peter MN $288,729 $999 2.70% 3.0 ★
56054 Lafayette MN $241,827 $954 3.08% 3.0 ★
55335 Gibbon MN $218,435 $954 3.41% 3.0 ★
56065 Mapleton MN $265,536 $954 2.80% 3.0 ★
56001 Mankato MN $296,927 $1,367 3.59% 3.0 ★
56068 Minnesota Lake MN $219,333 $954 3.39% 3.0 ★
56024 Eagle Lake MN $340,558 $1,404 3.22% 3.0 ★
56090 Vernon Center MN $219,339 $1,080 3.84% 3.0 ★
56055 Lake Crystal MN $280,443 $954 2.65% 3.0 ★
56003 North Mankato MN $313,624 $954 2.37% 3.0 ★
56074 Nicollet MN $331,908 $954 2.24% 3.0 ★
56034 Garden City MN $295,870 $954 2.52% 3.0 ★
56037 Good Thunder MN $331,915 $954 2.24% 3.0 ★
55332 Fairfax MN $188,356 $954 3.95% 3.0 ★
56062 Madelia MN $204,944 $954 3.63% 3.0 ★
56010 Amboy MN $227,499 $954 3.27% 3.0 ★
56078 Pemberton MN $254,033 $1,386 4.26% 3.0 ★
56021 Courtland MN $332,773 $1,035 2.43% 3.0 ★
56080 Saint Clair MN $251,255 $954 2.96% 3.0 ★
56048 Janesville MN $290,479 $954 2.56% 3.0 ★
55334 Gaylord MN $254,363 $954 2.93% 3.0 ★
56065 Mapleton MN $249,968 $954 2.98% 3.0 ★
55335 Gibbon MN $236,803 $954 3.14% 3.0 ★
56068 Minnesota Lake MN $205,953 $954 3.61% 3.0 ★
56024 Eagle Lake MN $333,011 $1,404 3.29% 3.0 ★
56082 Saint Peter MN $304,254 $1,215 3.11% 3.0 ★
56054 Lafayette MN $258,671 $954 2.88% 3.0 ★
56055 Lake Crystal MN $286,737 $954 2.60% 3.0 ★
56001 Mankato MN $301,424 $1,329 3.44% 3.0 ★
56074 Nicollet MN $313,609 $954 2.37% 3.0 ★
56034 Garden City MN $286,293 $954 2.60% 3.0 ★
56090 Vernon Center MN $236,467 $1,080 3.56% 3.0 ★
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About Mankato, MN Real Estate Market

The Mankato, MN metropolitan statistical area (MSA) encompasses 21 cities and 22 ZIP codes. The average home value across the metro is $272,543, with an average monthly rent of $1,037. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.