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These days, finding an affordable place to live in the Verdi area can be challenging. Home prices in Verdi are now at a median cost of $170,445, lower than the Minnesota average of $345,793.
The average cost of rent is $599/mo in Verdi, primarily driven by the current value of real estate in the Verdi area. In Verdi, 17.51% of households rent, and 60.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Verdi is $5,221 per month. Households that rent pay about 11.47% of their income on rent here. Verdi’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lake Benton, MN: equally priced homes
- Elkton, SD: higher priced homes
- Holland, MN: higher priced homes
- Tyler, MN: equally priced homes
- Ruthton, MN: higher priced homes
- Pipestone, MN: equally priced homes
- Florence, MN: higher priced homes
- Arco, MN: higher priced homes
- Ward, SD: higher priced homes
- Flandreau, SD: equally priced homes
Cities with Similar Populations
- Pine Creek, WV: less expensive homes
- Old Dime Box, TX: higher priced homes
- Oletha, TX: higher priced homes
- Olin, KY: less expensive homes
- Oliver, WI: higher priced homes
- Orland, GA: less expensive homes
- Parkertown, OH: higher priced homes
- Piermont, NH: higher priced homes
- Pilgrims Knob, VA: less expensive homes
- Oberon, ND: less expensive homes
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