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These days, finding an affordable place to live in the Ravenna area can be challenging. Home prices in Ravenna are now at a median cost of $178,302, lower than the Nebraska average of $252,353.
The average cost of rent is $918/mo in Ravenna, primarily driven by the current value of real estate in the Ravenna area. In Ravenna, 28.90% of households rent, and 49.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ravenna is $5,932 per month. Households that rent pay about 15.48% of their income on rent here. Ravenna’s most expensive areas are in the southeastern 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
- Rockville, NE: equally priced homes
- St. Michael, NE: higher priced homes
- Hazard, NE: higher priced homes
- Pleasanton, NE: higher priced homes
- Howard City, NE: equally priced homes
- Boelus, NE: equally priced homes
- Litchfield, NE: equally priced homes
- Nysted, NE: equally priced homes
- Cairo, NE: higher priced homes
- Ashton, NE: less expensive homes
Cities with Similar Populations
- North Freedom, WI: higher priced homes
- Gallaway, TN: higher priced homes
- Galway, NY: higher priced homes
- Georgetown, GA: less expensive homes
- Glenwood, GA: less expensive homes
- Hammond, OR: higher priced homes
- Hebron Estates, KY: higher priced homes
- Housatonic, MA: higher priced homes
- Jamestown, IN: higher priced homes
- Jeddo, MI: higher priced homes
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