Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Merna area can be challenging. Home prices in Merna are now at a median cost of $153,262, lower than the Nebraska average of $188,542.
The average cost of rent is $772/mo in Merna, primarily driven by the current value of real estate in the Merna area. While nearly 62.64% of residents own their homes outright in Merna, 29.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Merna is $5,030 per month. Households that rent pay about 15.35% of their income on rent here. Merna's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- New Helena, NE: less expensive homes
- Weissert, NE: less expensive homes
- Broken Bow, NE: less expensive homes
- Anselmo, NE: less expensive homes
- Gates, NE: equally priced homes
- Callaway, NE: less expensive homes
- Berwyn, NE: higher priced homes
- Milburn, NE: less expensive homes
- Arnold, NE: less expensive homes
- Westerville, NE: less expensive homes
Cities with Similar Populations
- Kilbourne, LA: less expensive homes
- Sheakleyville, PA: less expensive homes
- Shawnette, TN: less expensive homes
- Shandaken, NY: higher priced homes
- Leapwood, TN: less expensive homes
- Le Boeuf Gardens, PA: higher priced homes
- Lawhorn Hill, KY: less expensive homes
- Lake Mykee Town, MO: higher priced homes
- La Barge, WY: higher priced homes
- Kipp, KS: higher priced homes
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