Example household · $83,730 · same pay · 1 adult

Grand Island

Housing in Grand Island, NE: Rent, Home Prices & Property Tax

$2,458 left/mo

$1,082/mo (1 bd) in Grand Island. Median home $201,600. Property tax 1.33%.

Rent (1-bedroom)
$1,082
/mo
Buy
$1,507
Mortgage, tax, insurance
Buying costs more
$425
/mo

To buy

  • 20% down payment$40,320
  • Mortgage at 7.24%$1,099
  • Property tax (1.33% of value)$223/mo · $2,681/yr
  • Insurance and upkeep$185
  • Monthly total$1,507

Months to 20% down

$2,458 left each month. About 17 months (1.4 years) to save $40,320.

Rent is Zillow asking rent. The price is the Census median home value. The mortgage is a 30-year fixed at 7.24%, the Freddie Mac PMMS average for the week of Oct 29, 2026, with 20% down.

Guide: state tax and rent when you compare cities

Moving from Grand Island

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Pay and leftover for every job in Grand Island

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