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Apartments in Luverne

1 - 5 of 5 Results
25
City Centre Apartments Apartment for rent in Luverne, MN
$725 - 925
City Centre Apartments
Deal
109 E Luverne St Luverne, MN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
11
Oakwood Apartments Apartment for rent in Ellswort, MN
$ Ask - 719
Oakwood Apartments
Deal
401 Oak St Ellswort, MN
1 BR | Available Now
Contact
Income Restricted
Section 8
1
Century - 415 E Lincoln St Apartment for rent in Luverne, MN
$899
Century - 415 E Lincoln St
415 E Lincoln St Luverne, MN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
Rock Rapids 12-unit (the Oaks Apartments) Apartment for rent in Rock Rapids, IA
$795
Rock Rapids 12-unit (the Oaks Apartments)
905 1st Ave Rock Rapids, IA
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
9
905 First Ave Unit 3 Apartment for rent in Rock Rapids, IA
$795
905 First Ave Unit 3
Rock Rapids, IA
2 BR | Available Now
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Dog Friendly
Cat Friendly
1 - 5 of 5 Results
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  3. Luverne

How much does it cost to rent an apartment in Luverne?

Luverne Apartments
Bed Type Average Rent Range
2BR $800 $800 - $930
Frequently Asked Questions

How many apartments are available in Luverne, MN on Rentable.co?

Rentable.co has over 43 apartments available in Luverne.

What is the average rent for a two-bedroom apartment in Luverne, MN?

The average rent for a two-bedroom apartment in Luverne is around $800 per month.

How expensive is it to rent an apartment in Luverne, MN?

For a two-bedroom apartment in Luverne, the average rent price is $800 per month, which is lower than the national average of $1,640 per month.

Can I afford an apartment for rent in Luverne, MN?

Based on average rent prices in Luverne, to afford a two-bedroom apartment you would need an annual household income of $32,000 to live comfortably.

Search Cities Near Luverne, MN

Brandon, SD

Luverne:
May Rent Report

Welcome to the May 2025 Luverne Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2025 key findings and figures for the Luverne rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Luverne and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Luverne average rent prices in the chart below.

Monthly Rent Report

$1,100
$830
$550
$280
$0
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
1 BR       2 BR

Luverne Rent Prices Decrease From April to May

Luverne rent prices decreased over the last month. From April to May, the city experienced a -32.6% decrease for the price of a one-bedroom apartment. The rent price for a Luverne one-bedroom apartments currently stands at $610.0.

When we take a look at the two-bedroom comparison from April to May, Luverne experienced a 0.35% increase for the price of a two-bedroom apartment. The rent price for a Luverne two-bedroom apartments currently stands at $861.0.

May Prices: Luverne vs. Surrounding Areas

Rent Prices in Luverne and Surrounding Areas

Rent prices have decreased in Luverne over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Luverne suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Luverne suburbs

  • Rents did not decrease in any of the Luverne suburbs.

May 2025 Pricing Trends: Luverne vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,098
$3,173
$2,343
$2,342
$1,887
$1,310
$1,243
$1,230
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Luverne Rent Prices More Affordable Than Major Cities

Rent growth in Luverne over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Luverne average rent prices appear to be relatively affordable for local residents.

The price for a Luverne one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Luverne and surrounding area rent prices, take a look at the complete data set below.

Data set for Luverne and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.