Total monthly cost of ownership
Cost to Own a Home in Auburn, Nebraska
A $99,000 home here costs
$1,013per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $43,500 a year.
A standard mortgage calculator would have told you $540. The real number is $473 higher every month, 88% more than the payment most buyers budget for.
Compare Nemaha County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Auburn from a five-year rolling sample, and with about 3,468 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Nemaha County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Auburn against Nemaha County and Nebraska
| Measure | Auburn | Nemaha County |
|---|---|---|
| Median home value | $98,900 | $125,100 |
| Median property tax | $1,567 | $1,761 |
| Effective tax rate | 1.584% | 1.408% |
| Median gross rent | $774 | $727 |
| Population | 3,468 | 7,035 |
The weather behind that power bill
Auburn sits in Nemaha County, which averages a high of 87.3°F in its hottest month and a low of 14.1°F in its coldest, with 32.31" of precipitation a year and 42% of it in a single three-month stretch. That climate drives 1,256 cooling and 5,801 heating degree days, which is what sets the $129 electricity line above.
See the full climate breakdown for Nemaha County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Nemaha County
No other places of this size are published in Nemaha County.
Full Nemaha County cost breakdown · Every county in Nebraska
Talk to someone who works this market
These are Auburn averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Auburn every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Auburn I already own here and may sell
Common questions
How much does it cost to own a home in Auburn?
A $99,000 home in Auburn, Nebraska costs approximately $1,013 per month with 20% down at 7.24%. That is $540 principal and interest, $131 property tax, $62 homeowners insurance, $197 utilities and $83 set aside for maintenance.
What is the property tax rate in Auburn?
Auburn has an effective property tax rate of 1.584%, based on a median home value of $98,900 and median real estate taxes of $1,567. That is higher than the Nemaha County average of 1.408%.
What is the average home price in Auburn?
The median owner-occupied home value in Auburn, Nebraska is $98,900, against $125,100 across Nemaha County.
Is it cheaper to rent or buy in Auburn?
Median gross rent in Auburn is $774 a month, against $1,013 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Auburn?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Auburn, Nebraska at today's rate takes a household income of roughly $43,500 a year. That covers the full $1,013 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Auburn, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Nebraska.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.