Home prices
The median home value in Amherst is $92,000. It is about $30,860 (25%) lower in comparison to other places in this area.In comparison to the nation as a whole it is roughly $125,500 (57%) lower, and in comparison to the city of Grand Island is roughly $48,800 (34%) lower.
Rents
Amherst's median monthly rent is $717. This is approximately $124 (14%) lower compared to other places in this area.It is roughly $345 (32%) lower compared to the rest of the country, and is roughly $50 (6%) lower compared to the city of Grand Island.
Nearby places
Riverdale
Riverdale is about 6 miles southeast of Amherst. Its housing prices are a bit more expensive. The median home in Riverdale is valued at $122,500, which is $30,500 (24%) higher than Amherst. Rent there is a little more expensive. The median monthly rent in Riverdale is $850, which works out to $133 (15%) higher than Amherst.
Elm Creek
Elm Creek is roughly 9 miles southwest of Amherst. Real estate prices there are a bit more expensive. Elm Creek's median home price is $114,800, which works out to $22,800 (19%) higher than Amherst. Its rents are a bit more expensive. Elm Creek's median rent is $888 a month, which comes out to $171 (19%) higher than Amherst.
Pleasanton
Pleasanton is about 11 miles northeast of Amherst. The housing prices there are a little more expensive. The cost of the median home in Pleasanton is $115,600, which works out to $23,600 (20%) higher than Amherst. Rent there is a little more expensive. The median rent in Pleasanton is $936 per month, which works out to $219 (23%) higher than Amherst.
Kearney
Kearney is about 12 miles southeast of Amherst. The housing prices there are significantly more expensive. Kearney's median home cost is $178,900, which is $86,900 (48%) higher than Amherst. Its rents are a little more expensive. In Kearney the median monthly rent is $767, which comes out to $50 (6%) higher than Amherst.
Sumner
Sumner is approximately 13 miles northwest from Amherst. Its housing prices are a bit less expensive. The median home value in Sumner is $82,500, which works out to $9,500 (11%) lower than Amherst. The rent there is somewhat more expensive. In Sumner the median monthly rent is $763, which comes out to $46 (6%) higher than Amherst.
