Home prices
The cost of the median home in Cumberland is $51,700. In comparison to its surrounding areas it is approximately $22,240 (30%) lower.Compared to the rest of the country it is roughly $165,800 (76%) lower, and compared to the city of Omaha is approximately $108,000 (67%) lower.
Rents
Cumberland's median rent is $482 a month. Compared to nearby areas this is roughly $68 (12%) lower.Compared to the entire country it is roughly $580 (54%) lower, and is roughly $441 (47%) lower in comparison to the city of Omaha.
Nearby places
Massena
Massena is about 4 miles east from Cumberland. Real estate prices there are a lot more expensive. Massena's median home cost is $76,900, which works out to $25,200 (32%) higher than Cumberland. Rents there are fairly similar. Massena's median rent is $486 a month, which is very similar to Cumberland.
Bridgewater
Bridgewater is roughly 9 miles east from Cumberland. Its housing prices are significantly less expensive. The median home value in Bridgewater is $32,700, which works out to $19,000 (58%) lower than Cumberland. Rents there are a bit less expensive. In Bridgewater the median rent is $444 per month, which comes out to $38 (8%) lower than Cumberland.
Lewis
Lewis is roughly 9 miles west from Cumberland. Its real estate prices are a bit more expensive. Lewis's median home price is $66,300, which is $14,600 (22%) higher than Cumberland. The rent there is a bit more expensive. The median rent in Lewis is $517 a month, which comes out to $35 (6%) higher than Cumberland.
Atlantic
Atlantic is approximately 10 miles northwest of Cumberland. Real estate prices there are substantially more expensive. Atlantic's median home cost is $114,500, which is $62,800 (54%) higher than Cumberland. Rent there is a little more expensive. Atlantic's median rent is $622 per month, which is $140 (22%) higher than Cumberland.
Griswold
Griswold is approximately 12 miles west of Cumberland. Its housing prices are substantially more expensive. The median home cost in Griswold is $79,300, which is $27,600 (34%) higher than Cumberland. Its rents are a bit more expensive. Griswold's median rent is $683 a month, which comes out to $201 (29%) higher than Cumberland.