Lu Verne: Housing & Real Estate
$61,700 is the median home value in Lu Verne (estimated market value runs 52% higher at $93,516), with median rent $883 (about the same as Kossuth County median $859; 1.1× below Iowa median $972). Homeownership rate: 77.8%. That's 2.4× below the Kossuth County median ($148,300); 3.4× below the Iowa median ($208,000). Market is warm. Vacancy rate 17.9%. New construction makes up 1.9% of stock. A municipal building code is in effect.
- 1.2× annual income — home value vs. household income (vs Iowa 2.8×).
- 5.8 years to break even renting at the median (vs Iowa 16y).
- 4-BR rent is 2.1× a studio — rent gradient by unit size.
Home Values & Rent
Median home value $61,700 — 0.3× the Iowa median ($187,100). Median rent $883/month. homeownership rate 77.8% — above the U.S. share of ~65%.
| Affordability · Home Price To Income | 1.2× |
|---|---|
| Affordability · Home Affordability | affordable |
| Affordability · Rent Pct Income | 20.7% |
| Affordability · Rent Affordability | affordable |
| Affordability · Pct Severely Rent Burdened | 46.2% |
| Affordability · Poverty Rate | 24.2% |
| Affordability · Property Tax Pct Income | 1.0% |
| Fair Market Rent · Studio rent | $682 (vs Iowa $774) |
| Fair Market Rent · One-bedroom rent | $798 (vs Iowa $816) |
| Fair Market Rent · Two-bedroom rent | $919 (vs Iowa $1,071) |
| Fair Market Rent · Three-bedroom rent | $1,278 (vs Iowa $1,490) |
| Fair Market Rent · Four-bedroom rent | $1,436 (vs Iowa $1,797) |
| Fair Market Rent · HUD FMR area | Humboldt County, IA |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $93,516 |
| Median Home Value | $61,700 (vs Iowa $187,100) |
| Median Rent | $883 (vs Iowa $967) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Vacancy rate | 17.9% |
| Housing Market · New construction (% of stock) | 1.9% |
| Housing Market · Price Appreciation 2Yr | 61.9% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (1)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% (at Iowa median) |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% (at Iowa median) |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% (at Iowa median) |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 0.5% (vs Iowa 73.1%) |
| Broadband · Broadband-capable premises | 207 |
| Electricity · Electricity rate (¢/kWh) | 13.40¢/kWh |
| Electricity · Customers | 1448818 |
| Electricity · Revenue Millions | $1,939 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0.000000000 |
| Mobile Broadband · 4G mobile coverage | 1.000000000 (at Iowa median) |
| Mobile Broadband · 5G mobile coverage | 0.843137255 (vs Iowa 100.0%) |
| Mobile Home Parks Detail · County total | 1 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Other
| Homeownership Rate | 77.8% (vs Iowa 67.5%) |
|---|---|
| Median Year Built | 1938 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12