Home Price Key
Affordable
Average
Expensive
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 $219,910, higher than the Nebraska average of $188,542.
The average cost of rent is $1,044/mo in Lincoln, primarily driven by the current value of real estate in the Lincoln area. While nearly 37.81% of residents own their homes outright in Lincoln, 40.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lincoln is $6,231 per month. Households that rent pay about 16.75% of their income on rent here. Lincoln's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Saltillo, NE: higher priced homes
- Rokeby, NE: higher priced homes
- Walton, NE: higher priced homes
- Roca, NE: higher priced homes
- Prairie Home, NE: higher priced homes
- Denton, NE: higher priced homes
- Malcolm, NE: higher priced homes
- Waverly, NE: equally priced homes
- Davey, NE: higher priced homes
- Bennet, NE: higher priced homes
Cities with Similar Populations
- Worcester, MA: higher priced homes
- Tomball, TX: higher priced homes
- Surprise, AZ: higher priced homes
- Suwanee, GA: higher priced homes
- Thousand Oaks, CA: higher priced homes
- Temecula, CA: higher priced homes
- Thornton, CO: higher priced homes
- Tempe, AZ: higher priced homes
- Traverse City, MI: higher priced homes
- Topeka, KS: less expensive homes
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