2026 Affordability Data
Most Affordable Neighborhoods in Grand Island - 2026 Data
The median home value in Grand Island is $183,700, 35% below nat'l avg. Median rent is $754/month. With an affordability index of 164, Grand Island is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Grand Island, NE area.
Key Takeaways: Affordability in Grand Island
- 1The most affordable neighborhood in Grand Island is Papillion, with a median home value of $269,600.
- 2Grand Island's median home value is $183,700, 35% below nat'l avg (national: $281,900).
- 3Grand Island's affordability index is 164 (baseline 100), making it more affordable than the national average.
- 4Median rent in Grand Island is $754/month, 35% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Grand Island to find the most affordable areas based on home values, rent, and affordability index.
Grand Island Affordability Overview
Median Home Value
$183,700
35% below nat'l avg
Median Rent
$754/mo
35% below nat'l avg
Median Income
$59,061
21% below nat'l avg
Affordability Index
164
64% above nat'l avg
Most Affordable Neighborhoods in Grand Island (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | PapillionNE | $269,600 |
| 2 | North PlatteNE | $152,500 |
| 3 | South Sioux CityNE | $151,200 |
| 4 | BeatriceNE | $141,900 |
| 5 | NorfolkNE | $192,300 |
| 6 | GretnaNE | $286,600 |
| 7 | BellevueNE | $211,500 |
| 8 | ScottsbluffNE | $131,400 |
| 9 | La VistaNE | $222,900 |
| 10 | LexingtonNE | $131,700 |
| 11 | HastingsNE | $156,400 |
| 12 | ColumbusNE | $187,800 |
| 13 | FremontNE | $174,000 |
| 14 | OmahaNE | $210,000 |
| 15 | LincolnNE | $210,000 |
Detailed Neighborhood Profiles
Home Value: $269,600
Rent: $754/mo
Affordability: 164
Population: 24,016
Walk Score: 0/100
Home Value: $152,500
Rent: $754/mo
Affordability: 164
Population: 23,309
Walk Score: 0/100
Home Value: $151,200
Rent: $754/mo
Affordability: 164
Population: 13,835
Walk Score: 0/100
4
Home Value: $141,900
Rent: $754/mo
Affordability: 164
Population: 12,237
Walk Score: 0/100
5
Home Value: $192,300
Rent: $754/mo
Affordability: 164
Population: 25,883
Walk Score: 0/100
6
Home Value: $286,600
Rent: $754/mo
Affordability: 164
Population: 9,019
Walk Score: 0/100
7
Home Value: $211,500
Rent: $754/mo
Affordability: 164
Population: 63,336
Walk Score: 0/100
8
Home Value: $131,400
Rent: $754/mo
Affordability: 164
Population: 14,454
Walk Score: 0/100
9
Home Value: $222,900
Rent: $754/mo
Affordability: 164
Population: 16,713
Walk Score: 0/100
10
Home Value: $131,700
Rent: $754/mo
Affordability: 164
Population: 10,662
Walk Score: 0/100
11
Home Value: $156,400
Rent: $754/mo
Affordability: 164
Population: 25,098
Walk Score: 0/100
12
Home Value: $187,800
Rent: $754/mo
Affordability: 164
Population: 24,035
Walk Score: 0/100
13
Home Value: $174,000
Rent: $754/mo
Affordability: 164
Population: 27,230
Walk Score: 0/100
14
Home Value: $210,000
Rent: $1,348/mo
Affordability: 93
Population: 486,051
Walk Score: 95/100
15
Home Value: $210,000
Rent: $948/mo
Affordability: 36
Population: 291,082
Walk Score: 98/100
Frequently Asked Questions About Affordability in Grand Island
What is the most affordable neighborhood in Grand Island, NE?▾
Based on 2026 data, Papillion is the most affordable neighborhood in Grand Island with a median home value of $269,600. Kurby analyzed 15 neighborhoods in the Grand Island area to compile these rankings.
What is the median home price in Grand Island, NE?▾
The median home price in Grand Island is $183,700, which is 35% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Grand Island affordable compared to the national average?▾
Grand Island has an affordability index of 164, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Grand Island, NE?▾
The median monthly rent in Grand Island is $754. This is 35% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Grand Island?▾
The median household income in Grand Island is $59,061 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Grand Island are below the national average home price?▾
14 out of 15 ranked neighborhoods in Grand Island have a median home value below the national average of $281,900. The most affordable is Papillion at $269,600 (Source: Kurby, 2026).