4 Most Affordable Places to Live in Nebraska

With the immense and serene landscapes of the Great Plains combined with charming towns and welcoming communities, Nebraska is 1 of the galore large states to unrecorded successful the Midwest. So if you’re considering moving to the state, past chances are you person a fund you’d similar to enactment nether erstwhile it comes to renting oregon buying a home. For example, the median location merchantability terms successful Nebraska is $385,000 arsenic of July. 

If that fig is retired of your budget, don’t worry. We’ve got options to assistance you find a home. Redfin has collected 4 of the astir affordable places to unrecorded successful Nebraska. And the champion portion is that they each person a median location merchantability terms nether the state’s average. From Omaha to Lincoln, find retired which cities made the list.

#1: Bellevue

Median location price: $271,250 
Average merchantability terms per quadrate foot: $139 
Average rent for a 1-bedroom apartment: $959 
Median household income: $70,647 
Nearest large metro: Omaha (10 miles)
Bellevue, NE homes for sale
Bellevue, NE apartments for rent

With a median location merchantability terms of $271,250, Bellevue is the astir affordable spot to unrecorded successful Nebraska. There are astir 64,200 residents surviving successful this mid-sized city, located astir 10 miles southbound of Omaha. If you’re considering moving to this country marque definite to research Fontenelle Forest, sojourn the Sarpy County Museum, bask outdoor activities astatine Haworth Park, and play a circular of play astatine Tregaron Golf Course.

#2: Omaha

Median location price: $271,250 
Average merchantability terms per quadrate foot: $153 
Average rent for a 1-bedroom apartment: $1,165 
Median household income: $62,213 
Nearest large metro: Lincoln (60 miles)
Omaha, NE homes for sale
Omaha, NE apartments for rent

Nebraska’s 2nd astir affordable metropolis to unrecorded successful is Omaha. When surviving successful this metropolis of 486,100 people, you tin sojourn the Henry Doorly Zoo and Aquarium, and research the Old Market territory for shopping, dining, and entertainment. Don’t miss retired connected strolling on the Bob Kerrey Pedestrian Bridge which spans the Missouri River and offers scenic views of Omaha’s skyline.

#3: Grand Island

Median location price: $272,000 
Average merchantability terms per quadrate foot: $111 
Average rent for a 1-bedroom apartment: $667 
Median household income: $56,513 
Nearest large metro: Lincoln (95 miles)
Grand Island, NE homes for sale
Grand Island, NE apartments for rent

Third connected our database is Grand Island wherever astir 53,100 residents presently live. The median location merchantability terms is $272,000 which is astir $100K little than the median location merchantability terms successful Nebraska. Make definite to sojourn the Stuhr Museum, research the beauteous Crane Trust Nature Center successful adjacent Wood River, and be a unrecorded lawsuit oregon performance astatine the Heartland Events Center if you determination to the 3rd astir affordable city.

#4: Lincoln

Median location price: $285,000 
Average merchantability terms per quadrate foot: $156 
Average rent for a 1-bedroom apartment: $1,195 
Median household income: $62,213 
Nearest large metro: Lincoln (60 miles)
Lincoln, NE homes for sale
Lincoln, NE apartments for rent

Only somewhat much costly than Grand Island is the metropolis of Lincoln, the last metropolis connected our database of affordable places to unrecorded successful Nebraska. With astir 291,100 residents successful Lincoln, marque definite to sojourn and instrumentality a guided circuit of the Nebraska State Capitol, research the beauteous Sunken Gardens, and cheque retired the exhibits astatine the Sheldon Museum of Art.

Methodology: All cities indispensable person implicit 50,000 residents per the US Census and person a median location merchantability terms nether the mean median location merchantability terms successful Nebraska. Median location merchantability terms and median merchantability terms per quadrate ft from the Redfin Data Center during July 2023. Average rental information from Rent.com July 2023. Population and median household income information sourced from the United States Census Bureau.

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