The Most Affordable Neighborhoods in Gothenburg, NE by Home Value

 

Gothenburg, NE Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Gothenburg area can be challenging. Home prices in Gothenburg are now at a median cost of $166,098, lower than the Nebraska average of $188,542.

The average cost of rent is $698/mo in Gothenburg, primarily driven by the current value of real estate in the Gothenburg area. While nearly 41.42% of residents own their homes outright in Gothenburg, 27.47% rent.

Housing affordability isn’t just about home prices, though. The average household income in Gothenburg is $6,013 per month. Households that rent pay about 11.61% of their income on rent here. Gothenburg's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.


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