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Affordable
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These days, finding an affordable place to live in the Preston area can be challenging. Home prices in Preston are now at a median cost of $145,535, lower than the Nebraska average of $252,353.
The average cost of rent is $718/mo in Preston, primarily driven by the current value of real estate in the Preston area. In Preston, 22.02% of households rent, and 71.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Preston is $5,094 per month. Households that rent pay about 14.10% of their income on rent here. Preston’s most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Falls City, NE: less expensive homes
- Rulo, NE: higher priced homes
- Reserve, KS: higher priced homes
- Big Lake, MO: higher priced homes
- Salem, NE: equally priced homes
- White Cloud, KS: higher priced homes
- Padonia, KS: equally priced homes
- Hamlin, KS: higher priced homes
- Fortescue, MO: equally priced homes
- Verdon, NE: less expensive homes
Cities with Similar Populations
- Byron, MO: higher priced homes
- West Winfield, PA: higher priced homes
- Cedar Grove, AR: equally priced homes
- Castell, TX: higher priced homes
- Casowasco, NY: higher priced homes
- Carter, WV: equally priced homes
- Carpio, ND: higher priced homes
- Carlos, TX: higher priced homes
- Capitol Hill, TN: higher priced homes
- Canova, SD: higher priced homes
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