Cheney, NE housing market
The median sale price was $264,000 in March 2026.
Home values, sales, trends and how Cheney compares with the towns next door — updated as new data is published.
Cheney at a glance
Only 1 sale in March 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Cheney and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Cheney | — | — | $1,440 | — | — |
| Lincoln | $294K | +3% | $1,200 | 2,215 | $71,867 |
A two-bedroom rents for about $1,440
HUD's Fair Market Rent for a two-bedroom in Cheney is $1,440 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $1,080 · 4 bedrooms $2,160
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (68526; Lincoln, NE HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, March 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.