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These days, finding an affordable place to live in the Vernon Center area can be challenging. Home prices in Vernon Center are now at a median cost of $192,469, lower than the Minnesota average of $345,793.
The average cost of rent is $1,036/mo in Vernon Center, primarily driven by the current value of real estate in the Vernon Center area. In Vernon Center, 13.65% of households rent, and 48.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Vernon Center is $6,803 per month. Households that rent pay about 15.22% of their income on rent here. Vernon Center’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Amboy, MN: less expensive homes
- Garden City, MN: higher priced homes
- Willow Creek, MN: equally priced homes
- Sterling Center, MN: higher priced homes
- Good Thunder, MN: higher priced homes
- Lake Crystal, MN: higher priced homes
- Lewisville, MN: less expensive homes
- Rapidan, MN: higher priced homes
- Madelia, MN: equally priced homes
- Mapleton, MN: higher priced homes
Cities with Similar Populations
- Oakman, GA: higher priced homes
- Pine Hill, KY: less expensive homes
- Petersburgh, OH: higher priced homes
- Payne Beach, NY: higher priced homes
- Parma Corners, NY: higher priced homes
- Paradise, MT: higher priced homes
- Panama, IL: less expensive homes
- Oskar, MI: higher priced homes
- Osceola, WA: higher priced homes
- Opole, MN: higher priced homes
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