Ivanhoe is a city in Lincoln County, Minnesota, United States.

[8] Physician and Minnesota state legislator Richard Mulder (1938–2022) lived in Ivanhoe.

[12] The Yellow Medicine River flows past Ivanhoe as an intermittent stream near its headwaters.

Rather unusually for rural southwestern Minnesota, a high percentage of Ivanhoe's residents are of Polish ancestry.

There were 317 housing units at an average density of 360.2 per square mile (139.1/km2).

42.9% of all households were made up of individuals, and 23.2% had someone living alone who was 65 years of age or older.

41.0% of all households were made up of individuals, and 25.5% had someone living alone who was 65 years of age or older.