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Vesta

Learn about the people, housing, costs and businesses in Vesta, Minnesota

Median Home$149,000
Median Rent$657/month
Population285
Leading IndustriesConstruction · Agriculture & Mining · Transportation16% construction
Home Value Growth⬆⬆⬆+46.1% over 2 years
Family-Friendly28% of residentswell above average
Homeowners78% of occupied units
NotableAffordable Market$149k median home · lower cost than 75% of the country
Vesta
MN

Frequently Asked Questions

What are today's mortgage rates in Vesta?

As of today, the 30-year fixed mortgage rate for Vesta is approximately 6.965% (7.004% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Vesta?

The median home value in Vesta is $149k. The median monthly rent is $657. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Vesta?

Home values in Vesta have increased 46.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Vesta?

Based on a typical all-in ownership cost of $740/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Vesta is $68k/year.

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What industries drive the economy in Vesta?

The largest employment sectors in Vesta are public administration (25%) and agriculture and mining (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.