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These days, finding an affordable place to live in the Lincoln area can be challenging. Home prices in Lincoln are now at a median cost of $317,464, higher than the North Dakota average of $273,535.
The average cost of rent is $1,026/mo in Lincoln, primarily driven by the current value of real estate in the Lincoln area. In Lincoln, 4.16% of households rent, and 28.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lincoln is $8,153 per month. Households that rent pay about 12.59% of their income on rent here. Lincoln’s most expensive areas are in the western 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
- Livona, ND: higher priced homes
- Bismarck, ND: equally priced homes
- Menoken, ND: higher priced homes
- Huff, ND: equally priced homes
- Mandan, ND: equally priced homes
- St. Anthony, ND: less expensive homes
- Baldwin, ND: higher priced homes
- Mckenzie, ND: higher priced homes
- Fort Rice, ND: less expensive homes
- Moffit, ND: higher priced homes
Cities with Similar Populations
- Brillion, WI: less expensive homes
- Osage, IA: less expensive homes
- Elsberry, MO: less expensive homes
- Blue Grass, IA: less expensive homes
- Bonners Ferry, ID: higher priced homes
- Boonville, NY: less expensive homes
- Boscobel, WI: less expensive homes
- Ohatchee, AL: less expensive homes
- Oglethorpe, GA: less expensive homes
- Ho-Ho-Kus, NJ: higher priced homes
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