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These days, finding an affordable place to live in the Verndale area can be challenging. Home prices in Verndale are now at a median cost of $203,054, lower than the Minnesota average of $345,793.
The average cost of rent is $756/mo in Verndale, primarily driven by the current value of real estate in the Verndale area. In Verndale, 8.92% of households rent, and 43.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Verndale is $6,061 per month. Households that rent pay about 12.47% of their income on rent here. Verndale’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Aldrich, MN: equally priced homes
- Wadena, MN: less expensive homes
- Staples, MN: less expensive homes
- Hewitt, MN: less expensive homes
- Sebeka, MN: less expensive homes
- Bluffton, MN: higher priced homes
- Nimrod, MN: equally priced homes
- Bertha, MN: less expensive homes
- Philbrook, MN: higher priced homes
- Wrightstown, MN: equally priced homes
Cities with Similar Populations
- Amherst Junction, WI: higher priced homes
- Berlin Center, OH: higher priced homes
- Braddock, PA: less expensive homes
- Bridgeport, NE: less expensive homes
- New Lebanon, NY: higher priced homes
- Montreal, MO: equally priced homes
- North Anson, ME: less expensive homes
- Norwood Court, MO: less expensive homes
- Norwood, MO: less expensive homes
- Okawville, IL: less expensive homes
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