Housing & Real Estate — Luverne, Minnesota
Overview
| Total Housing Units | 2,203 |
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| Occupied | 2,076 |
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| Vacant | 127 |
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| Owner-Occupied | 1,467 |
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| Renter-Occupied | 609 |
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| Median Home Value (Census) | $208,000 |
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| Estimated 2026 | ~$230,000 |
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| Median Rent | $718/mo |
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| Median Property Tax | $1,763/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 13.4% |
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| Severely Rent-Burdened | 41.6% |
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Housing Age
| Built 2010 or later | 125 |
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| Built 2000-2009 | 100 |
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| Built 1990-1999 | 212 |
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| Built before 1960 | 1,071 |
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| Median Year Built | 1960 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
