Rent vs Buy in Nebraska
Compare 7 cities across Nebraska. Find out whether renting or buying makes more financial sense in your area.
7cities analyzed
Avg Home:$220,714
Avg Rent:$1,300/mo
Avg Price/Rent:14.5
Nebraska Housing Market Summary
7
Cities Analyzed
5
Favor Buying
0
Favor Renting
2
Toss-Up
Across Nebraska's 7 analyzed cities, the majority (5 cities) favor buying over renting. This suggests Nebraska generally offers good value for homebuyers.
The average home price in Nebraska is $220,714, with average rents at $1,300/month. This gives an average price-to-rent ratio of 14.5.
$Most Affordable Cities
$$Most Expensive Cities
All Nebraska Cities
Sorted by population. Click any city for detailed analysis.
| City | Median Price | Median Rent | Price/Rent | Break-even | Verdict |
|---|---|---|---|---|---|
| Omaha | $225,000 | $1,650 | 11.4 | 4 yrs | Buy |
| Lincoln | $235,000 | $1,600 | 12.2 | 6 yrs | Buy |
| Grand Island | $235,000 | $1,400 | 14.0 | 4 yrs | Buy |
| Kearney | $235,000 | $1,100 | 17.8 | 8 yrs | Toss-up |
| Fremont | $185,000 | $1,050 | 14.7 | 4 yrs | Buy |
| Norfolk | $235,000 | $1,100 | 17.8 | 9 yrs | Toss-up |
| North Platte | $195,000 | $1,200 | 13.5 | 4 yrs | Buy |
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These are general analyses based on median values. Use our comprehensive Buy vs Rent calculator to input your specific income, savings, and financial goals.
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