Home Price Key
Affordable
Average
Expensive
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 $157,347, lower than the Minnesota average of $269,934.
The average cost of rent is $734/mo in Verndale, primarily driven by the current value of real estate in the Verndale area. While nearly 43.75% of residents own their homes outright in Verndale, 13.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Verndale is $5,356 per month. Households that rent pay about 13.71% of their income on rent here. Verndale's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
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: higher priced homes
- Bertha, MN: less expensive homes
- Philbrook, MN: higher priced homes
- Wrightstown, MN: higher 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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