Rent by ZIP ·
Rent in Mankato, MN 56002
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,300 (+5.7% vs FY2026).
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,070 | $1,020 | +4.9% | $963–1,177 | – |
| 1 bedroom | $1,080 | $1,030 | +4.9% | $972–1,188 | – |
| 2 bedrooms | $1,300 | $1,230 | +5.7% | $1,170–1,430 | – |
| 3 bedrooms | $1,800 | $1,710 | +5.3% | $1,620–1,980 | – |
| 4 bedrooms | $1,840 | $2,010 | -8.5% | $1,656–2,024 | – |
Small Area FMRs for the Mankato, MN MSA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Mankato, MN MSA, 2 bedrooms: $1,230.
The Census doesn't publish reliable rent figures for this ZIP code, usually because few homes here are rented.
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 56001 | Mankato | $1,350 | $1,215 |
| 56003 | Mankato | $1,070 | $993 |
| 56007 | Albert Lea | $1,030 | $899 |
| 56009 | Alden | $1,300 | – |
| 56010 | Amboy | $1,060 | $725 |
| 56011 | Belle Plaine | $1,610 | $1,350 |
All MN counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.