Luverne at a Glance
Population
4,910
Median Home Value
$173,800
Nat'l avg: $281,900
Median Rent
$768
Nat'l avg: $1,163
Median Income
$66,394
Nat'l avg: $74,580
Violent Crime
1.2 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
N/A
N/A
Air Quality
N/A
N/A
Climate Risk
N/A
Explore Luverne
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Best Neighborhoods
Top-rated neighborhoods in Luverne ranked by Kurby Score
Affordable Neighborhoods
Most budget-friendly areas to live in Luverne
Up & Coming Neighborhoods
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Young Professionals
Best neighborhoods for career starters in Luverne
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Best neighborhoods for retirees in Luverne
Living In Guide
Complete guide to life in Luverne — cost, safety, schools & more
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About Luverne
Alright, let's talk about Luverne, Minnesota. Nestled in Rock County, this charming town offers a slice of Americana with a refreshing dose of affordability. Forget the sticker shock of the national housing market, where the median home value hovers around $350,000. In Luverne, you're looking at a median home value of just $173,800. That's right, you can get a lot of house for your money here, making it an excellent option for first-time homebuyers or those seeking a more relaxed pace of life. With a population of just under 5,000, Luverne has a close-knit community feel where neighbors know each other and front porches are for more than just show. From an investment perspective, Luverne presents a solid opportunity. While the median household income of $66,394 is slightly below the national average, the low cost of living more than compensates. The local economy is stable, and the crime rate is exceptionally low, making it a safe haven for families. Luverne is best suited for those seeking a quiet, family-friendly environment with a focus on community. If you're tired of the hustle and bustle of city life and crave a place where you can truly put down roots without breaking the bank, Luverne should be at the top of your list.