Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Near South area can be challenging. Home prices in Near South are now at a median cost of $223,385, lower than the Lincoln average of $270,268.
The average cost of rent is $862/mo in Near South, primarily driven by the current value of real estate in the Near South area. In Near South, 71.37% of households rent, and 37.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Near South is $3,880 per month. Households that rent pay about 22.21% of their income on rent here. Near South’s most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Everett, Lincoln, NE: less expensive homes
- Downtown Lincoln, Lincoln, NE: equally priced homes
- Woods Park, Lincoln, NE: less expensive homes
- South Salt Creek, Lincoln, NE: less expensive homes
- Country Club, Lincoln, NE: higher priced homes
- Indian Village, Lincoln, NE: equally priced homes
- Malone, Lincoln, NE: less expensive homes
- 40th and A, Lincoln, NE: equally priced homes
- Hartley, Lincoln, NE: less expensive homes
- Greater South, Lincoln, NE: equally priced homes
Neighborhoods with Similar Populations
- Rose Park, Salt Lake City, UT: higher priced homes
- Irvington, Indianapolis, IN: equally priced homes
- Near East, Dallas, TX: higher priced homes
- New City, Chicago, IL: less expensive homes
- Pinehurst, Everett, WA: higher priced homes
- Prospect Lefferts Gardens, Brooklyn, NY: higher priced homes
- Providence Plantation, Charlotte, NC: higher priced homes
- Radburn, Fair Lawn, NJ: higher priced homes
- Reservoir Hill-Bolton Hill, Baltimore, MD: higher priced homes
- Reservorir, Lexington, KY: higher priced homes
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