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These days, finding an affordable place to live in the Octavia area can be challenging. Home prices in Octavia are now at a median cost of $168,664, lower than the Nebraska average of $252,353.
The average cost of rent is $1,023/mo in Octavia, primarily driven by the current value of real estate in the Octavia area. In Octavia, 19.70% of households rent, and 58.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Octavia is $7,047 per month. Households that rent pay about 14.52% of their income on rent here. Octavia’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Linwood, NE: equally priced homes
- Schuyler, NE: equally priced homes
- Abie, NE: equally priced homes
- David City, NE: equally priced homes
- Bruno, NE: equally priced homes
- Bellwood, NE: equally priced homes
- Richland, NE: higher priced homes
- Rogers, NE: higher priced homes
- Loma, NE: higher priced homes
- Prague, NE: higher priced homes
Cities with Similar Populations
- Rockhill, PA: less expensive homes
- Milton, UT: higher priced homes
- Moffitt Hill, NC: higher priced homes
- Montpelier, ND: higher priced homes
- Morganville, KS: less expensive homes
- Mount Hope, MO: higher priced homes
- Nelson, NY: higher priced homes
- New Home, TX: higher priced homes
- Robertsville, CT: higher priced homes
- Rock Island, TX: equally priced homes
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