
Affordable
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These days, finding an affordable place to live in the Lorenzo area can be challenging. Home prices in Lorenzo are now at a median cost of $170,500, lower than the Nebraska average of $252,353.
The average cost of rent is $1,000/mo in Lorenzo, primarily driven by the current value of real estate in the Lorenzo area. In Lorenzo, 11.88% of households rent, and 60.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lorenzo is $5,573 per month. Households that rent pay about 17.94% of their income on rent here. Lorenzo’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sidney, NE: equally priced homes
- Colton, NE: equally priced homes
- Peetz, CO: higher priced homes
- Proctor, CO: higher priced homes
- Sunol, NE: equally priced homes
- Potter, NE: less expensive homes
- Crook, CO: higher priced homes
- Gurley, NE: less expensive homes
- Padroni, CO: higher priced homes
- Jacinto, NE: less expensive homes
Cities with Similar Populations
- Hollywood, MS: higher priced homes
- Heceta Beach, OR: higher priced homes
- Henrys Mill, PA: less expensive homes
- Herrick Center, PA: higher priced homes
- Hicks, AR: less expensive homes
- High Flats, NY: equally priced homes
- Hightown, VA: higher priced homes
- Hillerman, IL: less expensive homes
- Holcut, MS: equally priced homes
- Holland, IL: less expensive homes
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