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Lancaster County Housing Market

Nebraska · 93 counties · Ranked #2420 in home value

Below National Avg

Housing at a Glance

Median Home Value

$258,900

vs national$258,900 vs $281,900 national

Median Gross Rent

$1,045/mo

vs national$1,045 vs $1,163 national

Effective Tax Rate

1.57%

vs national+1.57% vs 1.02% national

Median Household Income

$72,625

vs national$72,625 vs $74,755 national

Affordability Ratio

3.6x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

28.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$4,055

Tax as % of Home Value

1.57%

Monthly Owner Cost

$1,305

Renter Income

$45,096

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Mortgage

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Home Search

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Lancaster County?

The median home value in Lancaster County is $258,900. This is below the national median of $281,900.

How much is rent in Lancaster County?

The median gross rent in Lancaster County is $1,045 per month.

What is the property tax rate in Lancaster County?

The effective property tax rate in Lancaster County is 1.57%. The median annual property tax bill is $4,055.

Is Lancaster County affordable?

With a home-value-to-income ratio of 3.6x, Lancaster County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.