What percentage of people rent in Luverne, MN?
29.2% (±4.7 points) of the occupied homes in Luverne, MN are rented (2020–2024 American Community Survey).
That is 641 renting households against 1,555 that own their home.
In Luverne, the share of households that rent went from 32.1% in 2015–2019 to 29.2% in 2020–2024 (−2.9 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 29.2% (±4.7 points)
- Renting households
- 641 (±113)
- Median renter income
- $23,125 (±$8,496)
Who rents and who owns in Luverne
| Luverne | Rock County | Minnesota | United States | |
|---|---|---|---|---|
| Renter-occupied share | 29.2% (±4.7 points) | 23.4% (±2.9 points) | 27.8% (±0.2 points) | 34.8% |
| Renting households | 641 (±113) | 946 (±125) | 641,268 (±4,528) | 45,017,354 |
| Owning households | 1,555 (±114) | 3,089 (±130) | 1,666,687 (±7,556) | 84,210,142 |
| Average renter household size | 1.6 (±0.2) | 1.9 (±0.2) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.1) | 2.5 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $23,125 (±$8,496) | $31,250 (±$10,039) | $51,080 (±$531) | $52,966 |
| Median owner household income | $95,391 (±$11,088) | $94,031 (±$7,973) | $108,214 (±$476) | $100,009 |
In Luverne, the renter share is higher than in Rock County (23.4%).
It is not measurably different from Minnesota (27.8%).
It is lower than the national figure (34.8%).
In Rock County, Luverne ranks 2 of 19 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 284 of 2,628.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Luverne has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 32.1% (±4.7 points) | 29.2% (±4.7 points) | −2.9 percentage points | Not a measurable change |
| Median gross rent | $669 (±$84) | $639 (±$80) | −4.5% | Down after inflation |
| Median household income | $56,552 (±$10,166) | $64,366 (±$6,277) | +13.8% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Luverne
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Luverne | — | 29.2% (±4.7 points) | — |
| Luverne Township | 2.5 mi | 12.9% (±7.2 points) | Lower |
| Mound Township | 4.3 mi | 5.0% (±6.4 points) | Lower |
| Magnolia Township | 5.3 mi | 19.2% (±16.4 points) | Not measurably different |
| Vienna Township | 6.2 mi | 3.9% (±5.5 points) | Lower |
| Magnolia | 7.0 mi | 29.0% (±22.5 points) | Not measurably different |
| Clinton Township (Rock County) | 7.6 mi | 2.4% (±3.9 points) | Lower |
| Beaver Creek | 7.9 mi | 11.9% (±7.5 points) | Lower |
| Hardwick | 8.4 mi | 45.5% (±11.2 points) | Higher |
Nearby places with a measurably lower figure: Luverne Township, MN (12.9%), Mound Township, MN (5.0%), Vienna Township, MN (3.9%).
Nearby places with a measurably higher figure: Hardwick, MN (45.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Rock County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Hardwick | 45.5% (±11.2 points) |
| 2 | Luverne | 29.2% (±4.7 points) |
| 3 | Magnolia | 29.0% (±22.5 points) |
| 4 | Hills | 25.1% (±11.7 points) |
| 5 | Magnolia Township | 19.2% (±16.4 points) |
| 6 | Steen | 18.3% (±10.6 points) |
| 7 | Rose Dell Township | 17.6% (±11.3 points) |
| 8 | Martin Township | 15.8% (±14.6 points) |
Showing 8 of 19 places in Rock County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Luverne
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Questions about Luverne
How many renters are there in Luverne?
Luverne has an estimated 641 (±113) renting households, 29.2% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Luverne?
In Luverne, the share of households that rent went from 32.1% in 2015–2019 to 29.2% in 2020–2024 (−2.9 percentage points), not a measurable change.
How big are renting households in Luverne?
A renting household in Luverne has 1.6 people on average, against 2.4 in an owned home.
How much do renters earn in Luverne?
The median renting household in Luverne, MN has an income of $23,125 (±$8,496) a year, against $95,391 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Luverne city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Luverne city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Luverne city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Luverne city, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Luverne city, Minnesota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Luverne city, Minnesota (place:38564, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in Luverne
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- Income and affordability in Luverne
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- Property taxes in Luverne
- Types of homes in Luverne
- Bedrooms in Luverne
- Age of homes in Luverne
- Vacancy rate in Luverne
- Heating fuel in Luverne
- Commute and cars in Luverne
- Population growth in Luverne
- How long people stay in Luverne
- Crowding and facilities in Luverne
- Minnesota landlord and tenant rules
- Housing across Rock County
- Minnesota places ranked by share of renters
- Housing data for every place in Minnesota