Nebraska housing market
Typical home value
$278K
▲ 3.0% 1 yr
5-year change
+26%
U.S. +20%
Median city rent
$1,384/mo
8 cities
Unemployment rate
2.9%
Median household income
$101K
2025
Key takeaways
- 1The typical home in Nebraska is worth $278,299, up 3.0% in a year and up 26% over five years. That's the #38 most expensive of 51.
- 2Across 8 cities with rent data, median typical rent is $1,384/mo, roughly a 6.0% gross yield on the typical home.
- 3Median household income was $100,600 in 2025, so the typical home costs 2.8× income.
- 4Unemployment is 2.9% (+0.0 pts in a year).
Home values
Source: Zillow Research (ZHVI, ZORI and market activity data).
Source: FRED, Federal Reserve Bank of St. Louis. Quarterly, all-transactions index.
Nebraska metro areas
Omaha, NE
$306K home$1,398 rent5.5% yield
▲ 2.7% 1 yr
Lincoln, NE
$301K home$1,281 rent5.1% yield
▲ 3.1% 1 yr
Grand Island, NE
$255K home$1,340 rent6.3% yield
■ 0.0% 1 yr
Kearney, NE
$299K home$1,686 rent6.8% yield
▲ 6.3% 1 yr
Fremont, NE
$240K home$1,203 rent6.0% yield
▲ 3.5% 1 yr
Nebraska cities
8 cities, largest first. Click a column to sort.
8 cities
| Omaha | $295K | ▲ 2.3% | $1,389 | ▲ 1.8% | 5.7% |
| Lincoln | $291K | ▲ 2.8% | $1,278 | ▲ 1.5% | 5.3% |
| Bellevue | $299K | ▲ 3.3% | $1,401 | ▼ 0.9% | 5.6% |
| Grand Island | $253K | ▼ 0.7% | $1,342 | ▲ 1.7% | 6.4% |
| Papillion | $413K | ▲ 2.6% | $1,659 | ▲ 0.1% | 4.8% |
| Kearney | $319K | ▲ 6.1% | $1,686 | ▲ 5.5% | 6.3% |
| Fremont | $251K | ▲ 3.4% | $1,213 | ▲ 3.1% | 5.8% |
| La Vista | $308K | ▲ 3.3% | $1,378 | ▲ 2.1% | 5.4% |
Data refreshed Oct 26, 2026.