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These days, finding an affordable place to live in the St. Michael area can be challenging. Home prices in St. Michael are now at a median cost of $248,703, lower than the Nebraska average of $252,353.
The average cost of rent is $738/mo in St. Michael, primarily driven by the current value of real estate in the St. Michael area. In St. Michael, 19.29% of households rent, and 40.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in St. Michael is $7,566 per month. Households that rent pay about 9.76% of their income on rent here. St. Michael’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Howard City, NE: less expensive homes
- Boelus, NE: less expensive homes
- Ravenna, NE: less expensive homes
- Cairo, NE: less expensive homes
- Rockville, NE: less expensive homes
- Nysted, NE: less expensive homes
- Dannebrog, NE: less expensive homes
- Wood River, NE: less expensive homes
- Farwell, NE: less expensive homes
- Shelton, NE: less expensive homes
Cities with Similar Populations
- Richohoc, LA: less expensive homes
- Mason, LA: less expensive homes
- Matanzas, KY: less expensive homes
- Matson, MO: higher priced homes
- Matthew, KY: less expensive homes
- Meyer, IA: less expensive homes
- Miami, NM: higher priced homes
- Raymer, CO: higher priced homes
- Red Cross, PA: less expensive homes
- Red Springs, AR: less expensive homes
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