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These days, finding an affordable place to live in the Central City area can be challenging. Home prices in Central City are now at a median cost of $166,268, lower than the Nebraska average of $252,353.
The average cost of rent is $780/mo in Central City, primarily driven by the current value of real estate in the Central City area. In Central City, 22.96% of households rent, and 33.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Central City is $6,107 per month. Households that rent pay about 12.78% of their income on rent here. Central City’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Riverside Park, NE: higher priced homes
- Overland, NE: higher priced homes
- Archer, NE: higher priced homes
- Hordville, NE: higher priced homes
- Marquette, NE: higher priced homes
- Clarks, NE: higher priced homes
- Chapman, NE: higher priced homes
- Polk, NE: equally priced homes
- Palmer, NE: higher priced homes
- Worms, NE: higher priced homes
Cities with Similar Populations
- Weatherby Lake, MO: higher priced homes
- Bremen, OH: higher priced homes
- Brookhaven, WV: higher priced homes
- Crested Butte, CO: higher priced homes
- Eutaw, AL: less expensive homes
- Arnold, CA: higher priced homes
- Williamsburg, PA: higher priced homes
- Westtown, NY: higher priced homes
- North Wildwood, NJ: higher priced homes
- High Bridge, NJ: higher priced homes
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