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Housing in Township 1

A typical Township 1 home is worth roughly $441,000

Typical home value
$441K
NE $281K
Estimate
2-bedroom rent
$1,290
a month, utilities in · HUD
Median tax bill
$6,284
NE $3,549

What kind of housing town is Township 1?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 3.5 years of income

About the same as across Nebraska. Try your own numbers below.

You could afford about
$457,000
Typical Township 1 home $441K

That covers a typical Township 1 home, with $16K to spare.

The typical home, each month
$2,830
Loan $2,180Tax $520Insurance $130

A two-bedroom rents for about $1,290 a month here, $1,540 less than owning.

Where your budget reaches nearby

How Township 1 ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Township 1’s typical property tax (1.43% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,290

Renters already here pay a median of $1,121, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,030
1 bedroom$1,080
2 bedrooms$1,290
3 bedrooms$1,710
4 bedrooms$1,930
12%
of households rent · NE 34%
219
renter households
47%
of renters spend 30%+ of income on rent · NE 45%
12%
of the median income, for a two-bedroom
$1,121
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Omaha-Council Bluffs, NE-IA HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

88% of Township 1 households own their home

Half of Township 1’s homes were built before 1991.

Owners and renters
Own 88%Rent 12%

Nebraska: 67% own.

1991
typical home built · NE 1975
$6,284
median property tax bill · NE $3,549
1.43%
of a home’s value, a year in tax · NE 1.49%

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Township 1 vs. its neighbors

Township 1 is the priciest of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Township 1$441K*—$1,290$125,625
Township 2$339K*−0.2%†$1,180$115,529
Township 7$269K*+6.4%†$1,300$92,955

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Township 1 buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Township 1 still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. 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. The calculator is an estimate, not a loan offer.

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