401 Lilly St Unit Lower 401 Lilly

Located along the Minnesota River, Mankato combines small-city charm with the energy of a college town. As home to Minnesota State University, the city offers both peaceful residential areas and lively entertainment districts. Outdoor enthusiasts can explore Sibley Park's riverside trails, while music lovers gather at the Vetter Stone Amphitheater for seasonal performances. Downtown Mankato preserves its historic character with local businesses, while River Hills Mall provides additional shopping options. The rental market remains strong, with one-bedroom apartments renting for $1,082, reflecting a 3.4% annual increase, while two-bedroom units average $1,232.

Mankato's housing landscape spans 20 square miles, featuring apartment communities near campus and established residential neighborhoods throughout the city. Minnesota State University, the state's second-largest university, anchors the local economy and enriches community life.