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These days, finding an affordable place to live in the King Lake area can be challenging. Home prices in King Lake are now at a median cost of $508,436, higher than the Nebraska average of $252,353.
The average cost of rent is $1,367/mo in King Lake, primarily driven by the current value of real estate in the King Lake area. In King Lake, 20.76% of households rent, and 31.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in King Lake is $13,131 per month. Households that rent pay about 10.41% of their income on rent here. King Lake’s most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Valley, NE: equally priced homes
- Waterloo, NE: less expensive homes
- Elkhorn, NE: equally priced homes
- Bennington, NE: less expensive homes
- Venice, NE: equally priced homes
- Yutan, NE: less expensive homes
- Washington, NE: less expensive homes
- Boys Town, NE: less expensive homes
- Leshara, NE: less expensive homes
- Mercer, NE: less expensive homes
Cities with Similar Populations
- West Georgetown, ME: equally priced homes
- Yorktown, IA: less expensive homes
- Benoit, AL: less expensive homes
- Cooperton, OK: less expensive homes
- Vesta, WA: less expensive homes
- Big Fork, AR: less expensive homes
- Blakeman, KS: less expensive homes
- Blanchard, ND: less expensive homes
- Webb City, AR: less expensive homes
- Vance, TX: less expensive homes
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