Real Estate Investing in Mankato, Kansas

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 1,190 • Jewell County

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Should you buy in Mankato, KS? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (75/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (57/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 21.4% of homes vacant — above national norms.

What’s happening in Mankato, KS?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.8% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $105,645
Avg Monthly Rent $1,017
ZIP Codes 1

Investing in Mankato Real Estate

Mankato, KS covers 1 ZIP codes and a population but the investment metrics here are underwhelming — this is not a market to enter casually.

unambiguously Mankato's aggregate rating of ★★★☆☆ reflects modest investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Market conditions in Mankato are thin. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Mankato's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

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Avg Home Value
$105,645
Avg Monthly Rent
$1,017
1% Rule
✗ Below
Landlord Friendly (KS)

ZIP Codes in Mankato, KS

Screen every ZIP in Mankato

Filter Mankato’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Mankato, KS

Is Mankato, KS a good market for buy-and-hold investors?

Mankato, KS rates 3.0/5 for investability. With median values at $106K and rents near $1,017/mo, the market offers reasonable fundamentals for rental investors.

Does a duplex house hack pencil in Mankato, KS?

House hacking works a challenging in Mankato, KS. Rents of $1,017/mo against $106K acquisition make the strategy solid for owner-occupants.

What investment strategy works best in Mankato, KS?

Investors usually favor careful cash-flow rentals with hands-on management in Mankato, KS. With home values at $106K and rents near $1,017/mo, other strategies can work but produce predictable rather than outsized returns.

How much does a house cost in Mankato, KS?

The median home value in Mankato, KS is roughly $106K. That puts it reasonable relative to the KS statewide average.

How much do tenants pay in Mankato, KS?

The typical rental in Mankato, KS commands about $1,017/mo monthly. That rent profile consistent cash flow against the $106K purchase basis.

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