How much house can I afford on $50,000 in Nebraska?
About $167,000 with 20% down ($135,000 with an FHA loan), using Nebraska's 1.31% property tax rate.
That is $111,048 less than the typical Nebraska home ($278,299), so on $50,000 you'd look at cheaper areas or a smaller home. The payment of $1,167 covers $900 principal and interest, $183 property tax and $84 insurance.
Counties in Nebraska you can afford on $50,000
17 of 89 counties have a typical home value at or below $167,000:
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Pawnee County | $160,023 | -0.3% | 1.52% |
| Nance County | $159,244 | -1.0% | 1.1% |
| Dundy County | $154,651 | -9.8% | 0.8% |
| Brown County | $153,472 | +4.1% | 1.1% |
| Morrill County | $151,995 | +0.1% | 1.42% |
| Franklin County | $151,515 | +5.8% | 1.28% |
| Thayer County | $148,778 | +3.6% | 1.03% |
| Hitchcock County | $146,947 | +5.1% | 1.17% |
| Sheridan County | $143,575 | +1.4% | 1.37% |
| Hooker County | $140,717 | +15.5% | 1.04% |
| Jefferson County | $138,265 | -1.4% | 1.46% |
| Webster County | $135,584 | -0.0% | 1.45% |
| Boyd County | $128,465 | -1.4% | 1.1% |
| Rock County | $128,417 | +3.0% | 1.07% |
| Furnas County | $119,619 | -3.0% | 1.38% |
| Nuckolls County | $116,936 | +5.7% | 1.17% |
| Richardson County | $114,176 | +3.4% | 1.43% |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.31% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Other salaries in Nebraska
Frequently asked questions
How much house can I afford on $50,000 in Nebraska?
About $167,000 with 20% down at 7.11%, keeping the payment (with Nebraska's 1.31% property tax and insurance) under $1,167 a month.
Is $50,000 enough to buy a house in Nebraska?
Not the typical home: the typical Nebraska home is worth $278,299 (Zillow, September 2026) and $50,000 supports about $167,000. 17 of 89 counties are within budget.