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Arapahoe

Learn about the people, housing, costs and businesses in Arapahoe, Nebraska

Median Home$98,400
Median Rent$763/month
Population987
Leading IndustriesManufacturing · Professional Services · Public Administration1% manufacturing
Home Value Growth⬆⬆+20.6% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners76% of occupied units
NotableVeteran Community16% of residents · top 1% nationally
NotableAffordable Market$98k median home · lower cost than 92% of the country
Arapahoe
NE

Frequently Asked Questions

What are today's mortgage rates in Arapahoe?

As of today, the 30-year fixed mortgage rate for Arapahoe is approximately 7.062% (7.104% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Arapahoe?

The median home value in Arapahoe is $98k. The median monthly rent is $763. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Arapahoe?

Home values in Arapahoe have increased 20.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Arapahoe?

Based on a typical all-in ownership cost of $694/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Arapahoe is $61k/year.

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What industries drive the economy in Arapahoe?

The largest employment sectors in Arapahoe are public administration (26%) and healthcare (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.