The Most Affordable Neighborhoods in Cherry County, NE by Home Value

 

Cherry County, NE Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cherry County area can be challenging. Home prices in Cherry County are now at a median cost of $142,722, lower than the Nebraska average of $188,542.

The average cost of rent is $756/mo in Cherry County, primarily driven by the current value of real estate in the Cherry County area. While nearly 72.43% of residents own their homes outright in Cherry County, 41.39% rent.

Housing affordability isn’t just about home prices, though. The average household income in Cherry County is $4,806 per month. Households that rent pay about 15.74% of their income on rent here. Cherry County's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the county.


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