The Most Affordable Neighborhoods in Hallam, NE by Home Value

 

Hallam, NE Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Hallam area can be challenging. Home prices in Hallam are now at a median cost of $241,094, higher than the Nebraska average of $188,542.

The average cost of rent is $1,077/mo in Hallam, primarily driven by the current value of real estate in the Hallam area. While nearly 49.03% of residents own their homes outright in Hallam, 5.41% rent.

Housing affordability isn’t just about home prices, though. The average household income in Hallam is $8,074 per month. Households that rent pay about 13.34% of their income on rent here. Hallam's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.


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