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Affordable
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These days, finding an affordable place to live in the Otoe area can be challenging. Home prices in Otoe are now at a median cost of $272,333, higher than the Nebraska average of $252,353.
The average cost of rent is $686/mo in Otoe, primarily driven by the current value of real estate in the Otoe area. In Otoe, 9.67% of households rent, and 63.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Otoe is $8,583 per month. Households that rent pay about 7.99% of their income on rent here. Otoe’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Avoca, NE: less expensive homes
- Syracuse, NE: less expensive homes
- Dunbar, NE: equally priced homes
- Wyoming, NE: equally priced homes
- Unadilla, NE: less expensive homes
- Nehawka, NE: equally priced homes
- Weeping Water, NE: less expensive homes
- Lorton, NE: less expensive homes
- Wabash, NE: equally priced homes
- Elmwood, NE: less expensive homes
Cities with Similar Populations
- Aberdeen, KY: less expensive homes
- Lehigh, KS: less expensive homes
- Libertypole, NY: less expensive homes
- Lillard, TX: less expensive homes
- Lillie, LA: less expensive homes
- Lilly, GA: less expensive homes
- Linndale, OH: less expensive homes
- Little Shasta, CA: less expensive homes
- Littleton, WV: less expensive homes
- Legareville, SC: higher priced homes
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