Expensive
Affordable
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These days, finding an affordable place to live in the Lu Verne area can be challenging. Home prices in Lu Verne are now at a median cost of $121,876, lower than the Iowa average of $226,062.
The average cost of rent is $810/mo in Lu Verne, primarily driven by the current value of real estate in the Lu Verne area. In Lu Verne, 23.05% of households rent, and 71.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lu Verne is $6,291 per month. Households that rent pay about 12.87% of their income on rent here. Lu Verne’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hanna, IA: equally priced homes
- Livermore, IA: equally priced homes
- St. Joseph, IA: higher priced homes
- Irvington, IA: higher priced homes
- St. Benedict, IA: less expensive homes
- Bode, IA: higher priced homes
- Corwith, IA: less expensive homes
- Renwick, IA: higher priced homes
- Hardy, IA: higher priced homes
- Algona, IA: higher priced homes
Cities with Similar Populations
- Vermilion, IL: higher priced homes
- Chautauqua, NY: higher priced homes
- Chelsea, IA: higher priced homes
- Cherry Grove, NC: higher priced homes
- Chicopee, KS: higher priced homes
- Chuichu, AZ: higher priced homes
- Clare, IA: higher priced homes
- Tylersburg, PA: equally priced homes
- Upper Frenchville, ME: higher priced homes
- Vanna, GA: higher priced homes
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