Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Albion area can be challenging. Home prices in Albion are now at a median cost of $172,438, lower than the Nebraska average of $188,542.
The average cost of rent is $646/mo in Albion, primarily driven by the current value of real estate in the Albion area. While nearly 55.30% of residents own their homes outright in Albion, 27.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Albion is $5,983 per month. Households that rent pay about 10.80% of their income on rent here. Albion's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Loretto, NE: higher priced homes
- Boone, NE: higher priced homes
- St. Edward, NE: less expensive homes
- Cedar Rapids, NE: less expensive homes
- Petersburg, NE: less expensive homes
- Primrose, NE: less expensive homes
- Newman Grove, NE: less expensive homes
- Raeville, NE: less expensive homes
- Rosenburg, NE: equally priced homes
- Belgrade, NE: less expensive homes
Cities with Similar Populations
- Byers, CO: higher priced homes
- West Sunbury, PA: equally priced homes
- Padgett, NC: equally priced homes
- Worthington, PA: less expensive homes
- Woodbine, IA: less expensive homes
- Shelbina, MO: less expensive homes
- Flows Store, NC: higher priced homes
- Jemez Pueblo, NM: higher priced homes
- Kuttawa, KY: less expensive homes
- Durand, IL: less expensive homes
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