Much like its nearby areas, it is significantly less expensive compared to the United States as a whole. It is a lot less expensive compared to the city of Omaha.
Home prices
The median home in Ute is valued at $56,700. In comparison to nearby areas it is roughly $1,000 (1%) higher.It is approximately $160,800 (73%) lower in comparison to the entire nation, and it is roughly $103,000 (64%) lower in comparison to the city of Omaha.
Rents
The median monthly rent in Ute is $547. Compared to the surrounding areas this is approximately $23 (3%) lower.It is roughly $515 (48%) lower compared to the US as a whole, and compared to the city of Omaha is approximately $376 (40%) lower.
Nearby places
Charter Oak
Charter Oak is roughly 5 miles east of Ute. Real estate prices there are a bit more expensive. The value of the median home in Charter Oak is $63,300, which comes out to $6,600 (10%) higher than Ute. Its rents are somewhat more expensive. In Charter Oak the median monthly rent is $630, which is $83 (13%) higher than Ute.
Soldier
Soldier is about 5 miles southwest from Ute. Real estate prices there are significantly less expensive. The price of the median home in Soldier is $42,900, which is $13,800 (32%) lower than Ute. The rent there is a bit less expensive. Soldier's median rent is $458 a month, which comes out to $89 (19%) lower than Ute.
Mapleton
Mapleton is approximately 8 miles northwest of Ute. Its housing prices are a lot more expensive. The median home value in Mapleton is $87,300, which comes out to $30,600 (35%) higher than Ute. Rents there are fairly similar. The median monthly rent in Mapleton is $525, which comes out to $22 (4%) lower than Ute.
Castana
Castana is about 9 miles west from Ute. The housing prices there are significantly less expensive. The median home in Castana costs $37,100, which works out to $19,600 (52%) lower than Ute. Rents there are somewhat more expensive. Castana's median rent is $635 per month, which works out to $88 (13%) higher than Ute.
Moorhead
Moorhead is roughly 10 miles southwest from Ute. Real estate prices there are somewhat less expensive. The median home in Moorhead costs $47,900, which comes out to $8,800 (18%) lower than Ute. Rents there are somewhat more expensive. The median monthly rent in Moorhead is $600, which works out to $53 (8%) higher than Ute.