Housing in Luverne, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$245,799
Luverne vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Luverne is highlighted.
Median Home Value
51st%ilemost expensive$181,100show rank
Median Rent
18th%ilemost expensive rent$718show rank
Rent Burden
13th%ilehighest rent burden13.0%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$181,100
Median Rent
$718
Total Housing Units
2,203
Vacancy Rate
5.8%
Owner Occupied
70.7%
Renter Occupied
29.3%
Median Property Tax
$1,508
per year
Monthly Cost (w/ Mortgage)
$931
Housing Types
Single Family77.3%
Multi-Family21.9%
Mobile Home0.9%
The median home value in Luverne, MN is $181,100. According to Zillow, the home value index for Luverne is $245,799. The median rent is $718 per month (Census ACS). About 70.7% of housing units are owner-occupied. The median year homes were built is 1960. There are 2,203 total housing units.