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Affordable
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These days, finding an affordable place to live in the Vergas area can be challenging. Home prices in Vergas are now at a median cost of $383,692, higher than the Minnesota average of $345,793.
The average cost of rent is $1,083/mo in Vergas, primarily driven by the current value of real estate in the Vergas area. In Vergas, 9.56% of households rent, and 46.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Vergas is $7,361 per month. Households that rent pay about 14.71% of their income on rent here. Vergas’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dent, MN: equally priced homes
- Shoreham, MN: equally priced homes
- Lake Eunice, MN: equally priced homes
- Frazee, MN: less expensive homes
- Detroit Lakes, MN: less expensive homes
- Perham, MN: less expensive homes
- Pelican Rapids, MN: less expensive homes
- Richville, MN: less expensive homes
- Audubon, MN: equally priced homes
- Rochert, MN: less expensive homes
Cities with Similar Populations
- Millerton, PA: less expensive homes
- Pickett, OK: less expensive homes
- Paragon, IN: less expensive homes
- Palmyra, TN: less expensive homes
- Oakfield, TN: less expensive homes
- Newark, IL: less expensive homes
- New Berlin, IL: less expensive homes
- Neligh, NE: less expensive homes
- Millwood, WA: equally priced homes
- Millville, DE: higher priced homes
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