Why Live in Riverfront Park
Riverfront Park in Mankato is a vibrant neighborhood nestled along the Minnesota River, known for its blend of outdoor recreation and bustling shopping and dining district. This walkable community spans 16 blocks and features a mix of Arts and Crafts, Four Squares, and bungalows, with most homes lacking garages but offering ample street parking. The neighborhood's namesake park provides waterfront views, a canoe launch, playground, and trails, including a connection to the North Minnesota River Trail. The Vetter Stone Amphitheater in the park hosts live music from June to September. North Riverfront Drive is lined with storefronts and restaurants, many in vintage buildings with decorative awnings, creating an old Americana feel. Popular spots include The Dork Den for board games, Coffee Hag for espresso and vegetarian fare, and Mom and Pop's for a wide variety of ice cream flavors. The Mankato Public School District serves the area, with highly rated Franklin Elementary School, Prairie Winds Middle School, and Mankato East Senior High School. Bethany Lutheran College is also within walking distance. The neighborhood is highly bikeable, with bike lanes and scenic routes along the river. Public transportation is available through the Mankato Transit System, with several bus stops nearby. For air travel, Mankato Regional Airport is 7 miles away, and Minneapolis-St. Paul is about 70 miles away.
Frequently Asked Questions
Is Riverfront Park a good place to live?
Riverfront Park is a good place to live. Riverfront Park is considered fairly walkable and very bikeable. Riverfront Park has 4 parks for recreational activities. It is fairly sparse in population with 4.5 people per acre and a median age of 31. The average household income is $51,004 which is below the national average. College graduates make up 17.7% of residents. A majority of residents in Riverfront Park are renters, with 68% of residents renting and 32% of residents owning their home. A
local real estate agent serving Riverfront Park can help you decide if this neighborhood is the right one for you. Learn more on our
Riverfront Park neighborhood guide.
How much do you need to make to afford a house in Riverfront Park?
The median home price in Riverfront Park is $222,400. If you put a 20% down payment of $44,500 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $1,100 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $47K a year to afford the median home price in Riverfront Park. The average household income in Riverfront Park is $51K.
What are the best public schools in Riverfront Park?
The best public schools that serve Riverfront Park are:
What are the best private schools in Riverfront Park?
The best private schools that serve Riverfront Park are:
What are the most popular zip codes in Riverfront Park, Mankato, MN?
What are the most popular neighborhoods near Riverfront Park, Mankato, MN?
Home Trends in Riverfront Park, MN
On average, homes in Riverfront Park, Mankato sell after 80 days on the market compared to the national average of 52 days. The median sale price for homes in Riverfront Park, Mankato over the last 12 months is $207,500, up 30% from the median home sale price over the previous 12 months.
Median Sale Price
$207,500
Median Single Family Sale Price
$221,200
Average Price Per Sq Ft
$128
Number of Homes for Sale
3
Last 12 months Home Sales
4
Median List Price
$222,400
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
30%