$1,565 Per Month
- 3 Beds
- 1.5 Baths
- House for Rent
1200 E 16th St, Crete, NE 68333
Frequently Asked Questions
How much does it cost to rent a home in Crete, NE?
The median rent for a home in Crete, NE is $1,565 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Crete, NE?
To comfortably afford the median rent in Crete, NE, a household needs to earn roughly $62,600 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,565 per month in Crete, NE, renters typically need to show $4,695 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Crete, NE?
In Crete, NE, the price-to-rent ratio is 14.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Crete, NE are best for renting a home?
The best neighborhood for renting in Crete, NE depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Near South, Wilderness Hills, Vavrina Meadows, West A and South Lincoln, each with its own character and price range.
