A typical Township 5 home is worth roughly $284,000
What kind of housing town is Township 5?
Read from the numbers below. The page puts what stands out first.
79% of Township 5 households own their home
Half of Township 5’s homes were built before 1942.
Nebraska: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024.
A typical home costs 3.1 years of income
Less than across Nebraska (3.7 years). Try your own numbers below.
That covers a typical Township 5 home, with $44K to spare.
A two-bedroom rents for about $1,150 a month here, $670 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Township 5’s typical property tax (1.38% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,150
Renters already here pay a median of $686, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
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.
Township 5 vs. its neighbors
Township 5 is the least expensive of 4 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Township 5 | $284K* | — | $1,150 | — | $90,469 |
| Blair | $364K | +1.5% | $1,160 | 145 | $81,452 |
| Township 6 | $399K* | +4.4%† | $1,160 | — | $95,492 |
| Summit | — | +4.4%† | $1,030 | — | $103,571 |
| Hooper | $301K | +6.4% | $1,020 | — | $76,750 |
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 5 buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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.