Much like its nearby areas, it is substantially less expensive compared to the nation as a whole. Compared to the city of Rockford however, it's somewhat less expensive.
Home prices
The median home in Varna is valued at $85,000. In comparison to its surrounding areas it is about $1,560 (1%) lower.Compared to the nation as a whole it is roughly $132,500 (60%) lower, and is roughly $6,600 (7%) lower in comparison to the city of Rockford.
Rents
The median rent in Varna is $775 a month. Compared to its nearby areas this is about $128 (19%) higher.Compared to the United States as a whole it is about $287 (27%) lower, and it is is very similar in comparison to the city of Rockford.
Nearby places
Toluca
Toluca is roughly 4 miles southeast of Varna. Housing prices there are similar. Toluca's median home cost is $81,600, which works out to $3,400 (4%) lower than Varna. The rent there is somewhat less expensive. Toluca's median rent is $657 per month, which is $118 (17%) lower than Varna.
Magnolia
Magnolia is approximately 5 miles north from Varna. Housing prices there are a little less expensive. The median home price in Magnolia is $73,800, which comes out to $11,200 (15%) lower than Varna. Its rents are a little less expensive. The median monthly rent in Magnolia is $681, which works out to $94 (13%) lower than Varna.
Wenona
Wenona is approximately 7 miles east of Varna. The housing prices there are a little more expensive. The median home price in Wenona is $96,400, which works out to $11,400 (11%) higher than Varna. Rents there are somewhat less expensive. In Wenona the median monthly rent is $610, which is $165 (27%) lower than Varna.
Henry
Henry is roughly 8 miles northwest from Varna. The real estate prices there are a little more expensive. The median home in Henry costs $95,300, which is $10,300 (10%) higher than Varna. Rents there are a lot less expensive. The median monthly rent in Henry is $528, which works out to $247 (46%) lower than Varna.
Lacon
Lacon is approximately 8 miles west of Varna. Real estate prices there are pretty similar. The median home cost in Lacon is $85,700, which is very similar to Varna. Its rents are similar. Lacon's median monthly rent is $757, which is $18 (2%) lower than Varna.