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These days, finding an affordable place to live in the Falls City area can be challenging. Home prices in Falls City are now at a median cost of $119,644, lower than the Nebraska average of $252,353.
The average cost of rent is $663/mo in Falls City, primarily driven by the current value of real estate in the Falls City area. In Falls City, 25.32% of households rent, and 58.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Falls City is $5,370 per month. Households that rent pay about 12.35% of their income on rent here. Falls City’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Preston, NE: higher priced homes
- Salem, NE: higher priced homes
- Reserve, KS: higher priced homes
- Verdon, NE: equally priced homes
- Rulo, NE: higher priced homes
- Morrill, KS: equally priced homes
- Hamlin, KS: higher priced homes
- Shubert, NE: higher priced homes
- Padonia, KS: higher priced homes
- Dawson, NE: equally priced homes
Cities with Similar Populations
- Ridgway, PA: equally priced homes
- Corral City, TX: higher priced homes
- Cortland, IL: higher priced homes
- Medford Lakes, NJ: higher priced homes
- Corvallis, MT: higher priced homes
- Cosby, TN: higher priced homes
- Cottageville, SC: higher priced homes
- Cottonport, LA: less expensive homes
- Rineyville, KY: higher priced homes
- Rindge, NH: higher priced homes
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