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These days, finding an affordable place to live in the Stratton area can be challenging. Home prices in Stratton are now at a median cost of $102,030, lower than the Nebraska average of $252,353.
The average cost of rent is $943/mo in Stratton, primarily driven by the current value of real estate in the Stratton area. In Stratton, 17.29% of households rent, and 81.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Stratton is $4,117 per month. Households that rent pay about 22.89% of their income on rent here. Stratton’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Max, NE: higher priced homes
- Trenton, NE: less expensive homes
- Palisade, NE: higher priced homes
- Benkelman, NE: higher priced homes
- Wauneta, NE: higher priced homes
- Culbertson, NE: higher priced homes
- Ludell, KS: less expensive homes
- Beardsley, KS: less expensive homes
- Parks, NE: higher priced homes
- Blakeman, KS: less expensive homes
Cities with Similar Populations
- Hanlontown, IA: higher priced homes
- Hibbs, PA: equally priced homes
- Hester Heights, AL: higher priced homes
- Henlawson, WV: higher priced homes
- Heath, MA: higher priced homes
- Hazelgreen, MO: higher priced homes
- Haywood, VA: higher priced homes
- Haviland, OH: higher priced homes
- Harris, AR: higher priced homes
- Harpster, OH: higher priced homes
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