The median home in Grand Island, Nebraska is valued at $246,814, up 3.0% year over year. Typical monthly rent is $1,260, producing a price-to-rent ratio of 16.3x — near the national average of 18x. Grand Island is part of the Grand Island, NE metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
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Home Value$246,814
+3.0%
Rent$1,260/mo
AFFORDABILITYRenting $527/mo cheaper ($1,260 rent)6.50% 30yr, 20% down, county tax + NE ins. 28% per HUD.
Enter your income for Grand Island.
$49,363 on $246,814
Stretch — 28.6% of income
Above 28% but manageable with cuts.
PITI$1,787
P/I28.6%
Afford$242K
Gap-$5K
P&I $1,248Tax $356Ins $183
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Nebraska
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Full Grand Island, NE analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Grand Island, NE metro.
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