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These days, finding an affordable place to live in the Decatur area can be challenging. Home prices in Decatur are now at a median cost of $177,593, lower than the Nebraska average of $252,353.
The average cost of rent is $707/mo in Decatur, primarily driven by the current value of real estate in the Decatur area. In Decatur, 21.84% of households rent, and 63.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Decatur is $4,506 per month. Households that rent pay about 15.70% of their income on rent here. Decatur’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Onawa, IA: less expensive homes
- Blencoe, IA: higher priced homes
- Macy, NE: less expensive homes
- Whiting, IA: equally priced homes
- Lyons, NE: less expensive homes
- Tekamah, NE: equally priced homes
- Rosalie, NE: less expensive homes
- Craig, NE: higher priced homes
- Oakland, NE: equally priced homes
- River Sioux, IA: less expensive homes
Cities with Similar Populations
- Hartsville, IN: higher priced homes
- Green Garden, MI: higher priced homes
- Green Hill, TN: higher priced homes
- Tiline, KY: higher priced homes
- Gridley, KS: equally priced homes
- Grinnell, KS: less expensive homes
- Thorntonville, TX: less expensive homes
- Gustavus, OH: equally priced homes
- Halcyon, CA: higher priced homes
- Haleburg, AL: equally priced homes
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