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These days, finding an affordable place to live in the Nebo area can be challenging. Home prices in Nebo are now at a median cost of $385,505, higher than the Georgia average of $324,634.
The average cost of rent is $1,679/mo in Nebo, primarily driven by the current value of real estate in the Nebo area. In Nebo, 7.11% of households rent, and 14.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nebo is $11,599 per month. Households that rent pay about 14.48% of their income on rent here. Nebo’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dallas, GA: less expensive homes
- Braswell, GA: less expensive homes
- McPherson, GA: less expensive homes
- Emerson, GA: less expensive homes
- Acworth, GA: equally priced homes
- Center, GA: less expensive homes
- Portland, GA: less expensive homes
- Van Wert, GA: less expensive homes
- Euharlee, GA: less expensive homes
- Kennesaw, GA: equally priced homes
Cities with Similar Populations
- Cochranville, PA: equally priced homes
- West Point, NY: equally priced homes
- Colona, IL: less expensive homes
- Collinsville, AL: less expensive homes
- Collins, MS: less expensive homes
- College Grove, TN: higher priced homes
- Colgate, WI: higher priced homes
- Colfax, NC: less expensive homes
- Coldwater, OH: less expensive homes
- Coldspring, TX: less expensive homes
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