Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Palmer area can be challenging. Home prices in Palmer are now at a median cost of $132,605, lower than the Nebraska average of $188,542.
The average cost of rent is $729/mo in Palmer, primarily driven by the current value of real estate in the Palmer area. While nearly 56.04% of residents own their homes outright in Palmer, 16.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palmer is $5,552 per month. Households that rent pay about 13.12% of their income on rent here. Palmer's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Archer, NE: higher priced homes
- Cushing, NE: higher priced homes
- Worms, NE: higher priced homes
- St. Paul, NE: higher priced homes
- St. Libory, NE: higher priced homes
- Wolbach, NE: equally priced homes
- Central City, NE: higher priced homes
- Chapman, NE: higher priced homes
- Fullerton, NE: less expensive homes
- Riverside Park, NE: higher priced homes
Cities with Similar Populations
- Sale City, GA: equally priced homes
- Lake Lillian, MN: higher priced homes
- Larimer, PA: higher priced homes
- Lewiston Woodville, NC: less expensive homes
- Lincoln Center, ME: equally priced homes
- Locust Grove, AR: less expensive homes
- Lowry, MN: higher priced homes
- Mudsock, OH: higher priced homes
- Murray, NY: equally priced homes
- Ridott, IL: higher priced homes
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