Much like its nearby areas, it's significantly less expensive compared to the rest of the country. However it's somewhat less expensive compared to the city of Scottsbluff.
Home prices
The value of the median home in Melbeta is $88,800. This is is very similar in comparison to its surrounding areas.It is about $128,700 (59%) lower compared to the nation as a whole, and compared to the city of Scottsbluff it is roughly $27,800 (23%) lower.
Rents
The median rent in Melbeta is $700 per month. It is is very similar compared to the surrounding areas.It is roughly $362 (34%) lower compared to the United States as a whole, and in comparison to the city of Scottsbluff it is approximately $78 (10%) lower.
Nearby places
Minatare
Minatare is about 2 miles north of Melbeta. The real estate prices there are a lot less expensive. The median home in Minatare is valued at $60,100, which works out to $28,700 (47%) lower than Melbeta. Its rents are a bit less expensive. The median monthly rent in Minatare is $625, which is $75 (12%) lower than Melbeta.
Gering
Gering is roughly 7 miles northwest of Melbeta. Its housing prices are a lot more expensive. Gering's median home price is $138,200, which works out to $49,400 (35%) higher than Melbeta. Rent there is a little more expensive. In Gering the median monthly rent is $833, which is $133 (15%) higher than Melbeta.
Terrytown
Terrytown is approximately 7 miles northwest from Melbeta. Its real estate prices are somewhat less expensive. The median home in Terrytown costs $79,800, which is $9,000 (11%) lower than Melbeta. Rents there are a little less expensive. In Terrytown the median rent is $642 a month, which comes out to $58 (9%) lower than Melbeta.
Bayard
Bayard is approximately 8 miles east of Melbeta. Housing prices there are somewhat less expensive. The price of the median home in Bayard is $74,700, which works out to $14,100 (18%) lower than Melbeta. Rents there are a bit less expensive. The median monthly rent in Bayard is $597, which works out to $103 (17%) lower than Melbeta.
Mitchell
Mitchell is roughly 16 miles northwest of Melbeta. Housing prices there are a little more expensive. The median home in Mitchell is valued at $94,900, which comes out to $6,100 (6%) higher than Melbeta. The rent there is a little more expensive. Mitchell's median monthly rent is $816, which works out to $116 (14%) higher than Melbeta.
