Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Magnet area can be challenging. Home prices in Magnet are now at a median cost of $115,312, lower than the Nebraska average of $188,542.
The average cost of rent is $577/mo in Magnet, primarily driven by the current value of real estate in the Magnet area. While nearly 64.96% of residents own their homes outright in Magnet, 22.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Magnet is $6,035 per month. Households that rent pay about 9.56% of their income on rent here. Magnet's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Wausa, NE: less expensive homes
- Mclean, NE: higher priced homes
- Randolph, NE: equally priced homes
- Osmond, NE: higher priced homes
- Sholes, NE: higher priced homes
- Bloomfield, NE: less expensive homes
- Coleridge, NE: equally priced homes
- Belden, NE: higher priced homes
- Hartington, NE: higher priced homes
- Constance, NE: higher priced homes
Cities with Similar Populations
- East Clarendon, VT: higher priced homes
- Tye River, VA: higher priced homes
- Eunice, MO: less expensive homes
- Enloe, TX: higher priced homes
- Energy, TX: higher priced homes
- Elwood, IA: higher priced homes
- Ellis, NE: higher priced homes
- Elliott, ND: higher priced homes
- East Livermore, ME: equally priced homes
- East Krok, WI: higher priced homes
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