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These days, finding an affordable place to live in the Boone area can be challenging. Home prices in Boone are now at a median cost of $232,429, lower than the Nebraska average of $252,353.
The average cost of rent is $1,031/mo in Boone, primarily driven by the current value of real estate in the Boone area. In Boone, 14.87% of households rent, and 52.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Boone is $5,977 per month. Households that rent pay about 17.24% of their income on rent here. Boone’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Albion, NE: equally priced homes
- St. Edward, NE: less expensive homes
- Rosenburg, NE: equally priced homes
- Loretto, NE: higher priced homes
- Newman Grove, NE: less expensive homes
- Lindsay, NE: higher priced homes
- Cedar Rapids, NE: less expensive homes
- Belgrade, NE: less expensive homes
- Genoa, NE: less expensive homes
- Primrose, NE: less expensive homes
Cities with Similar Populations
- Lake Itasca, MN: higher priced homes
- Kriete Corners, IN: equally priced homes
- La Junta, NM: higher priced homes
- Labolt, SD: less expensive homes
- Lackey, KY: less expensive homes
- Lago, ID: equally priced homes
- Laings, OH: less expensive homes
- Sutcliffe, NV: higher priced homes
- Lake Delaware, NY: higher priced homes
- Wrights, IL: less expensive homes
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