Apartments for rent in Luverne, MN

Luverne is a small town in Minnesota with just under 5,000 residents. It's a comfortable place to settle down, as retirees make up a greater percentage of the population (22%) here than they do nationally (14%), while young adults are less well-represented. Only 35% of residents rent in Luverne, as home ownership is common in the town. Renters in the town benefit from a relatively low average rent of $607/month, which is $384 a month less than the state average.

There are plenty of industries from which to choose in Luverne, the most common four of which are retail, healthcare, education, and manufacturing. Together, these industries make up 29% of the labor force in the town. Meanwhile, looking at job function, many workers in these industries are in sales, which ranks as the top field in the town. With an average annual income of about $65K, Luverne workers earn less than the average Minnesota resident. The town's average income also falls below the national average ($73,345). Compared to the national average (5%), Luverne has a relatively high concentration of residents older than 25 who have earned an Associate's degree (7%). Additionally, 13% have a Bachelor's degree and 4% possess a Master's or Doctoral degree.

Luverne residents have an average commute of about 17 minutes, outperforming the state average of about 25 minutes. Many residents (44%) commute to work by car, while public transit is not widely used. Not many workers commute on foot.