Home prices
The price of the median home in Madrid is $74,600. This is approximately $10,960 (12%) lower in comparison to other places in this area.It is approximately $142,900 (65%) lower in comparison to the country as a whole, and is roughly $44,300 (37%) lower in comparison to the city of North Platte.
Rents
The median monthly rent in Madrid is $783. It is about $127 (19%) higher in comparison to its nearby areas.Compared to the nation as a whole it is about $279 (26%) lower, and compared to the city of North Platte it is approximately $26 (3%) higher.
Nearby places
Elsie
Elsie is about 6 miles east of Madrid. Housing prices there are substantially less expensive. The median home in Elsie costs $52,500, which comes out to $22,100 (42%) lower than Madrid. The rent there is a lot less expensive. Elsie's median monthly rent is $581, which is $202 (34%) lower than Madrid.
Grant
Grant is approximately 8 miles west from Madrid. Its housing prices are a bit more expensive. Grant's median home value is $103,400, which comes out to $28,800 (27%) higher than Madrid. The rent there is somewhat less expensive. Grant's median rent is $698 per month, which works out to $85 (12%) lower than Madrid.
Wallace
Wallace is about 16 miles east from Madrid. The housing prices there are a bit more expensive. The price of the median home in Wallace is $84,400, which comes out to $9,800 (11%) higher than Madrid. Its rents are similar. The median monthly rent in Wallace is $750, which is $33 (4%) lower than Madrid.
Paxton
Paxton is about 19 miles northeast of Madrid. Housing prices there are a little more expensive. The median home in Paxton is valued at $80,300, which works out to $5,700 (7%) higher than Madrid. Its rents are somewhat less expensive. The median rent in Paxton is $616 per month, which is $167 (27%) lower than Madrid.
Ogallala
Ogallala is roughly 20 miles northwest of Madrid. The housing prices there are somewhat more expensive. The median home cost in Ogallala is $107,200, which is $32,600 (30%) higher than Madrid. Rents there are somewhat less expensive. Ogallala's median monthly rent is $635, which comes out to $148 (23%) lower than Madrid.
