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These days, finding an affordable place to live in the Dorchester area can be challenging. Home prices in Dorchester are now at a median cost of $173,771, lower than the Nebraska average of $252,353.
The average cost of rent is $725/mo in Dorchester, primarily driven by the current value of real estate in the Dorchester area. In Dorchester, 28.82% of households rent, and 58.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Dorchester is $6,077 per month. Households that rent pay about 11.93% of their income on rent here. Dorchester’s most expensive areas are in the northeastern 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
- Pleasant Hill, NE: higher priced homes
- Friend, NE: equally priced homes
- Crete, NE: higher priced homes
- Milford, NE: higher priced homes
- Beaver Crossing, NE: higher priced homes
- Kramer, NE: higher priced homes
- Cordova, NE: higher priced homes
- Goehner, NE: higher priced homes
- Wilber, NE: equally priced homes
- Pleasant Dale, NE: higher priced homes
Cities with Similar Populations
- Kirkwood, OH: higher priced homes
- South Mountain, TX: higher priced homes
- Sod, WV: equally priced homes
- Shawnee, OH: less expensive homes
- Sawyer, KY: less expensive homes
- Sanford, AL: higher priced homes
- Rowley, IA: equally priced homes
- Roscoe, MN: higher priced homes
- Riverton, CT: higher priced homes
- Riverdale, NE: higher priced homes
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