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These days, finding an affordable place to live in the Butte area can be challenging. Home prices in Butte are now at a median cost of $98,551, lower than the Nebraska average of $252,353.
The average cost of rent is $684/mo in Butte, primarily driven by the current value of real estate in the Butte area. In Butte, 16.18% of households rent, and 69.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Butte is $5,873 per month. Households that rent pay about 11.65% of their income on rent here. Butte’s most expensive areas are in the southwestern 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
- Spencer, NE: higher priced homes
- Fairfax, SD: equally priced homes
- Gross, NE: higher priced homes
- Naper, NE: higher priced homes
- Bristow, NE: higher priced homes
- St. Charles, SD: higher priced homes
- Bonesteel, SD: higher priced homes
- Pickstown, SD: higher priced homes
- Marty, SD: higher priced homes
- Herrick, SD: higher priced homes
Cities with Similar Populations
- Groton Long Point, CT: higher priced homes
- Skull Valley, AZ: higher priced homes
- Hamlin, PA: higher priced homes
- Snellman, MN: higher priced homes
- Hallam, NE: higher priced homes
- Solen, ND: higher priced homes
- Hagarville, AR: higher priced homes
- Gurn Spring, NY: higher priced homes
- Guild, NH: higher priced homes
- Singleton, TN: higher priced homes
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