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.

Home Value$246,814

+3.0%

Rent$1,260/mo

Prices rising — worse for buyers.

Affordability

Enter your income for Grand Island.

Income (annual)

Down Payment

$49,363 on $246,814

Example: $75,000 household income. Change it above to see your own.

Stretch28.6% of income

Above 28% but manageable with cuts.

PITI$1,787

P/I28.6%

Afford$242K

Gap-$5K

P&I $1,248Tax $356Ins $183

Renting $527/mo cheaper ($1,260 rent)6.50% 30yr, 20% down, county tax + NE ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Nebraska

Compare Grand Island with other housing markets across Nebraska.

Walton$662K Roca$582K Denton$579K Raymond$547K Fort Calhoun$522K Martell$520K Malcolm$507K Valley$499K

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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