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These days, finding an affordable place to live in the Gresham area can be challenging. Home prices in Gresham are now at a median cost of $168,388, lower than the Nebraska average of $252,353.
The average cost of rent is $826/mo in Gresham, primarily driven by the current value of real estate in the Gresham area. In Gresham, 12.96% of households rent, and 61.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gresham is $7,006 per month. Households that rent pay about 11.79% of their income on rent here. Gresham’s most expensive areas are in the northern 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
- Surprise, NE: equally priced homes
- Waco, NE: equally priced homes
- Utica, NE: higher priced homes
- Ulysses, NE: equally priced homes
- Staplehurst, NE: higher priced homes
- Benedict, NE: equally priced homes
- Stromsburg, NE: equally priced homes
- Shelby, NE: higher priced homes
- Osceola, NE: equally priced homes
- Tamora, NE: higher priced homes
Cities with Similar Populations
- Pike, OR: higher priced homes
- Oil City, KY: higher priced homes
- Old Brazoria, TX: higher priced homes
- Oletha, TX: higher priced homes
- Olustee, OK: less expensive homes
- Ona, FL: higher priced homes
- Parkers Lake, KY: less expensive homes
- Pickerel, WI: higher priced homes
- Piermont, NH: higher priced homes
- Ohioville, NY: higher priced homes
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