
Home Price Key
These days, finding an affordable place to live in the Amherst area can be challenging. Home prices in Amherst are now at a median cost of $183,598, lower than the Nebraska average of $188,542.
The average cost of rent is $598/mo in Amherst, primarily driven by the current value of real estate in the Amherst area. While nearly 48.63% of residents own their homes outright in Amherst, 20.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Amherst is $5,197 per month. Households that rent pay about 11.51% of their income on rent here. Amherst's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Riverdale, NE: higher priced homes
- Miller, NE: less expensive homes
- Elm Creek, NE: less expensive homes
- Pleasanton, NE: equally priced homes
- Odessa, NE: higher priced homes
- Sumner, NE: less expensive homes
- Kearney, NE: higher priced homes
- Overton, NE: less expensive homes
- Hazard, NE: less expensive homes
- Litchfield, NE: less expensive homes
Cities with Similar Populations
- Quenemo, KS: less expensive homes
- Ludlow, MS: less expensive homes
- Rosedale, LA: less expensive homes
- Rappahannock Academy, VA: higher priced homes
- Silverdale, KS: less expensive homes
- Millington, CT: higher priced homes
- Modesto, IL: less expensive homes
- Monticello, ME: less expensive homes
- Stella Niagara, NY: higher priced homes
- Blevins, AR: less expensive homes
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