Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Farnam area can be challenging. Home prices in Farnam are now at a median cost of $184,215, lower than the Nebraska average of $188,542.
The average cost of rent is $696/mo in Farnam, primarily driven by the current value of real estate in the Farnam area. While nearly 58.45% of residents own their homes outright in Farnam, 20.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in Farnam is $6,048 per month. Households that rent pay about 11.50% of their income on rent here. Farnam's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Eustis, NE: less expensive homes
- Willow Island, NE: higher priced homes
- Moorefield, NE: less expensive homes
- Cozad, NE: less expensive homes
- Gothenburg, NE: less expensive homes
- Darr, NE: higher priced homes
- Elwood, NE: higher priced homes
- Stockville, NE: less expensive homes
- Curtis, NE: less expensive homes
- Brady, NE: equally priced homes
Cities with Similar Populations
- Redwood, VA: higher priced homes
- Marlboro, VT: higher priced homes
- Ackerly, TX: less expensive homes
- Martinsville, MS: less expensive homes
- Mattoon, KY: less expensive homes
- Maxwell, NM: less expensive homes
- Mc Connell, IL: less expensive homes
- McAllister, WI: less expensive homes
- Reddell, LA: less expensive homes
- Magnolia, IA: less expensive homes
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