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These days, finding an affordable place to live in the Kearney area can be challenging. Home prices in Kearney are now at a median cost of $266,205, higher than the Nebraska average of $252,353.
The average cost of rent is $1,011/mo in Kearney, primarily driven by the current value of real estate in the Kearney area. In Kearney, 36.60% of households rent, and 41.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kearney is $6,362 per month. Households that rent pay about 15.88% of their income on rent here. Kearney’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Riverdale, NE: higher priced homes
- Odessa, NE: higher priced homes
- Lowell, NE: equally priced homes
- Gibbon, NE: equally priced homes
- Axtell, NE: less expensive homes
- Amherst, NE: less expensive homes
- Elm Creek, NE: less expensive homes
- Minden, NE: less expensive homes
- Pleasanton, NE: equally priced homes
- Funk, NE: equally priced homes
Cities with Similar Populations
- Sandusky, OH: less expensive homes
- Huber Heights, OH: less expensive homes
- Keizer, OR: higher priced homes
- La Puente, CA: higher priced homes
- La Vergne, TN: higher priced homes
- Lake Wales, FL: less expensive homes
- Laurel, MS: less expensive homes
- Long Beach, NY: higher priced homes
- Los Altos, CA: higher priced homes
- Madison, TN: higher priced homes
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