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Mankato, KS Real Estate


According to census data in the year 2000 there were 516 housing units in Mankato. This represents a 4.6% decline from 541 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 516 were located in what is classified as a rural area.

Homeownership rate in Mankato is about 74.1%. Mankato's vacancy rate, including seasonal lodging, is about 14%. Average household size is 2.15 people.

The majority of houses, apartments or condos in Mankato were built after 1945.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom14%
Two Bedrooms32.90%
Three Bedrooms32%
Four Bedrooms15.50%
Five Bedrooms or more4.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.28
Median year structure was built1939
Median Value of occupied units$31,800
Median Price asked for vacant units$25,000

Rented Homes, Apartments and Condos

Average Household Size1.78
Median year structure was built1966
Median Monthly Rent asked for vacant units$267

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1%
Home Equity Loan0%
Simple Mortgage31%
Debt Free68%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs10.4%