What is the rental vacancy rate in Mankato, MN?
The rental vacancy rate in Mankato, MN is 6.3% (±2.5 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.7% (±0.9 points).
1,454 (±320) homes, 7.4% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Mankato, the rental vacancy rate went from 8.1% in 2015–2019 to 6.3% in 2020–2024 (−1.8 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 6.3% (±2.5 points)
- Homeowner vacancy rate
- 0.7% (±0.9 points)
- Vacant homes
- 1,454 (±320)
Vacancy in Mankato against Blue Earth County, its state and the nation
| Mankato | Blue Earth County | Minnesota | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 6.3% (±2.5 points) | 5.7% (±2.1 points) | 5.3% (±0.3 points) | 5.5% |
| Homeowner vacancy rate | 0.7% (±0.9 points) | 0.7% (±0.5 points) | 0.6% (±0.1 points) | 0.9% |
| Vacant housing units | 1,454 (±320) | 2,258 (±346) | 237,075 (±4,795) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Mankato, the rental vacancy rate is not measurably different from Blue Earth County (5.7%).
It is not measurably different from Minnesota (5.3%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Mankato
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Mankato | — | 6.3% (±2.5 points) | — |
| North Mankato | 3.3 mi | 4.6% (±5.2 points) | Not measurably different |
| Lime Township | 3.5 mi | 0.0% (±36.7 points) | Not measurably different |
| Skyline | 3.5 mi | 0.0% (±82.3 points) | Not measurably different |
| Mankato Township | 3.6 mi | 0.0% (±35.7 points) | Not measurably different |
| Eagle Lake | 4.7 mi | 4.0% (±5.1 points) | Not measurably different |
| Belgrade Township | 5.1 mi | 0.0% (±40.0 points) | Not measurably different |
| South Bend Township | 6.2 mi | 0.0% (±12.8 points) | Not measurably different |
| Le Ray Township | 7.8 mi | 11.1% (±21.9 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Blue Earth County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Vernon Center Township | 25.0% (±32.7 points) |
| 2 | Le Ray Township | 11.1% (±21.9 points) |
| 3 | Madison Lake | 7.3% (±10.8 points) |
| 4 | Mankato | 6.3% (±2.5 points) |
| 5 | Eagle Lake | 4.0% (±5.1 points) |
| 6 (tie) | Amboy | 0.0% (±41.1 points) |
| 6 (tie) | Good Thunder | 0.0% (±45.1 points) |
| 6 (tie) | Lake Crystal | 0.0% (±10.2 points) |
| 6 (tie) | Mapleton | 0.0% (±13.9 points) |
| 6 (tie) | Pemberton | 0.0% (±87.2 points) |
Showing 10 of 34 places in Blue Earth County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Mankato
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Mankato, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Mankato beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Mankato, and send estimates and invoices from your phone.
Questions about Mankato
Is it hard to find a rental in Mankato?
The rental vacancy rate in Mankato, MN is 6.3% (±2.5 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Mankato tighter than it was?
In Mankato, the rental vacancy rate went from 8.1% in 2015–2019 to 6.3% in 2020–2024 (−1.8 percentage points), not a measurable change.
How many homes are vacant in Mankato?
An estimated 1,454 (±320) housing units, 7.4% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Mankato city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Mankato city, Minnesota
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Mankato city, Minnesota (place:39878, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Mankato at a glance
- Median rent in Mankato
- Rent by bedrooms in Mankato
- Rent burden in Mankato
- Renters and owners in Mankato
- Income and affordability in Mankato
- Home values in Mankato
- Homeowner costs in Mankato
- Property taxes in Mankato
- Types of homes in Mankato
- Bedrooms in Mankato
- Age of homes in Mankato
- Heating fuel in Mankato
- Commute and cars in Mankato
- Crime reported to police in Mankato
- Population growth in Mankato
- How long people stay in Mankato
- Crowding and facilities in Mankato
- Minnesota landlord and tenant rules
- Housing across Blue Earth County
- Minnesota places ranked by rental vacancy rate
- Housing data for every place in Minnesota