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Affordable
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These days, finding an affordable place to live in the Martell area can be challenging. Home prices in Martell are now at a median cost of $307,784, higher than the Nebraska average of $252,353.
The average cost of rent is $1,264/mo in Martell, primarily driven by the current value of real estate in the Martell area. In Martell, 5.72% of households rent, and 49.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Martell is $9,839 per month. Households that rent pay about 12.84% of their income on rent here. Martell’s most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sprague, NE: equally priced homes
- Rokeby, NE: higher priced homes
- Hallam, NE: equally priced homes
- Princeton, NE: higher priced homes
- Roca, NE: higher priced homes
- Kramer, NE: less expensive homes
- Saltillo, NE: higher priced homes
- Hickman, NE: higher priced homes
- Denton, NE: higher priced homes
- Holland, NE: higher priced homes
Cities with Similar Populations
- Pleasant Valley, MI: less expensive homes
- Riley, IN: less expensive homes
- Riley Center, MI: less expensive homes
- Rex, NC: less expensive homes
- Rentiesville, OK: less expensive homes
- Redstone, NH: less expensive homes
- Red House, VA: less expensive homes
- Pryor, MT: less expensive homes
- Powers, MI: less expensive homes
- Robinson, KS: less expensive homes
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