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Nebraska Housing Costs The typical renter in Nebraska spends $805 a month on housing, $218 less than the $1,023 national median monthly rent. Monthly rent for a one-bedroom in the state is $670, while the typical rent for a unit with five or more bedrooms is $1,119.
Is Nebraska a Good Place to Live? Nebraska is one of the best states to live in because of its overall high quality of life, growing job market, and low real estate prices. Its ranked among the top states for most affordable cost of living and ranked 5th in terms of housing prices.
Overall, Nebraskas housing costs are below the national average. Similar to most places, youll be paying more to live in bigger cities. But, while the average rent in cities like Omaha is on the higher end for the state, it trumps average rents in more expensive states like California.
Farmland values in Nebraska are at historic levels. With a statewide average of $3,360 per acre, values are up 16% from the prior year, according to the preliminary findings of the University of NebraskaLincolns 2022 Farm Real Estate Market Survey.
Overall, Nebraskas housing costs are below the national average. Similar to most places, youll be paying more to live in bigger cities. But, while the average rent in cities like Omaha is on the higher end for the state, it trumps average rents in more expensive states like California.
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Is Nebraska a Good Place to Live? Nebraska is one of the best states to live in because of its overall high quality of life, growing job market, and low real estate prices. Its ranked among the top states for most affordable cost of living and ranked 5th in terms of housing prices.
Home Property Values and Costs in Nebraska To start off, the average home value in the state is currently $157,800. Homes are listed on the market for an average of $205,000, and are closing for around $176,700. The price per square foot is about $137. You can rent a house for about $1,275/month.
The average price of land parcels and ranches for sale in Nebraska is $696,443.
Pros Cons of Living in Nebraska Pros of living in NebraskaCons of living in NebraskaNebraska has a low population densityNebraska is susceptible to natural disastersAffordable housingYoull have to put up with muggy summers and frigid wintersThere is no excise tax in NebraskaNebraska is an extremely flat state8 more rows
Click a region to jump to the corresponding land value and rental rate information. Land Type$/Acre%ChangeAll Land Average3,36016Center Pivot Irrigated Cropland7,73017Gravity Irrigated Cropland7,05516Dryland Cropland (Irrigation Potential)5,235194 more rows

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