Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mitchell area can be challenging. Home prices in Mitchell are now at a median cost of $163,645, lower than the Nebraska average of $188,542.
The average cost of rent is $823/mo in Mitchell, primarily driven by the current value of real estate in the Mitchell area. While nearly 44.31% of residents own their homes outright in Mitchell, 19.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mitchell is $5,205 per month. Households that rent pay about 15.81% of their income on rent here. Mitchell's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Morrill, NE: equally priced homes
- Scottsbluff, NE: equally priced homes
- Terrytown, NE: less expensive homes
- Stegall, NE: less expensive homes
- Gering, NE: equally priced homes
- Lyman, NE: higher priced homes
- Henry, NE: higher priced homes
- Minatare, NE: equally priced homes
- Melbeta, NE: equally priced homes
- South Torrington, WY: higher priced homes
Cities with Similar Populations
- Nanty-Glo, PA: less expensive homes
- Fairway, KS: higher priced homes
- Cloverdale, VA: higher priced homes
- Ashland, AL: less expensive homes
- Masontown, PA: less expensive homes
- Myrtle Point, OR: higher priced homes
- Bethany, MO: less expensive homes
- Nixon, TX: less expensive homes
- Desert Edge, CA: less expensive homes
- Nahant, MA: higher priced homes
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