Housing in Lincoln
Detailed housing data — sourced from authoritative datasets and normalized for direct comparison.
Housing in Lincoln, Nebraska
Lincoln's housing market is characterized by reasonable prices and gradual appreciation. The median home price was expected to reach $313,500 in 2025. The average monthly rent in Lincoln was $1,363, and home prices were around $398,052 in 2025. Housing costs in Lincoln are notably more affordable than the national average, being about 23% cheaper.
Housing
About Lincoln, Nebraska
Lincoln, Nebraska, the state capital and second-largest city, is home to over 300,000 residents and spans approximately 104 square miles. Situated between Chicago and Denver, it serves as a hub for governmental and educational institutions, including the University of Nebraska-Lincoln, which enrolls 24,000 students. The city's history dates back thousands of years, with American Indian tribes inhabiting the area along Salt Creek before westward settlers were drawn to the abundant salt deposits. Lincoln is recognized for its thriving economy, numerous amenities, and affordability, earning it a reputation as a desirable place to live. The city has experienced a consistent population growth rate of 1% to 1.5% over the last 50 years.
About Nebraska
Nebraska, known as the "Cornhusker State," offers a blend of rural charm and urban opportunities with a strong sense of community. Its economy is deeply rooted in agriculture, particularly corn, soybeans, and cattle production, but also boasts growing sectors in manufacturing, finance, insurance, healthcare, and transportation. The cost of living in Nebraska is generally lower than the national average, primarily due to more affordable housing. The state experiences a continental climate with hot summers, cold and snowy winters, and significant seasonal temperature variations, with the eastern part being more humid and the western part semi-arid. Residents often enjoy a relaxed pace of life, friendly communities, and access to outdoor activities, though major entertainment and nightlife options are more concentrated in larger cities like Omaha and Lincoln.