The typical owner-occupied home in Trenton is worth about $69,200, 71% below the Nebraska median of $238,600 and 79% below the national median of $332,700. Owners pay a median $954 a year in property taxes, about 1.38% of their home's value, lower than the Nebraska rate of 1.49%. The median household earns $45,000 a year, so the median home costs 1.5 times the median income (3.1 times for Nebraska). 80% of occupied homes here are lived in by their owners, and 31% of those owners still have a mortgage.
Trenton at a glance
| Trenton | Nebraska | U.S. | |
|---|---|---|---|
| Median home value | $69,200 | $238,600 | $332,700 |
| Median property tax paid per year | $954 | $3,549 | $3,119 |
| Property tax as a share of value | 1.38% | 1.49% | 0.94% |
| Median household income | $45,000 | $76,475 | $80,734 |
| Homes lived in by their owners | 80% | 67% | 65% |
| Owner homes with a mortgage | 31% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,133 | $1,736 | $1,963 |
| Those costs as a share of the owners' income | 13.7% | 19.5% | 21.0% |
| Median rent | $525 | $1,072 | $1,413 |
| Rent as a share of renters' income | 23.8% | 27.9% | 30.6% |
| Median year homes were built | 1951 | 1975 | 1980 |
| Vacant homes | 31.6% | 7.6% | 10.1% |
| Population | 487 | 1,978,707 | 334,922,499 |
What a typical home costs per month in Trenton
At this week's average 30-year rate of 7.11%, buying the median Trenton home of $69,200 with 20% down costs about $481 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $596, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $20,607 for the 20%-down payment. That payment is 13% of the median Trenton household income of $45,000; at that income and 20% down, the 28% guideline points to a home of about $151,000.
The median rent here is $525 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $13,840 |
|---|---|
| Loan amount | $55,360 |
| Principal and interest | $372 |
| Property taxes (1.38% a year) | $80 |
| Homeowners insurance (our estimate, 0.5% a year) | $29 |
| PMI | $0 |
| Total per month | $481 |
Change the numbers in the calculator
| Down payment | $2,422 |
|---|---|
| Loan amount | $67,947 |
| Principal and interest | $457 |
| Property taxes (1.38% a year) | $80 |
| Homeowners insurance (our estimate, 0.5% a year) | $29 |
| FHA mortgage insurance | $31 |
| Total per month | $596 |
Change the numbers in the calculator
Questions about home buying in Trenton
What is the median home value in Trenton?
About $69,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Trenton?
Homeowners pay a median $954 a year, which is about 1.38% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Trenton?
For the median home with 20% down at 7.11%, the payment is about $481 a month. Keeping that under 28% of gross income takes about $20,607 a year.
More about Trenton
- Mortgage Refinance in Trenton
- Debt Relief in Trenton
- Home Equity Loans in Trenton
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data