Mortgage Rates in South Sioux City, Nebraska — March 2026
Updated March 2026 | Based on South Sioux City market data and regional lending conditions
South Sioux City is a growing city in Nebraska with a population of 13,353. The current 30-year fixed mortgage rate in South Sioux City is 6.86%, which is 0.21% above the national average. With a median home price of $211,000 and a 20% down payment of $42,200, homebuyers can expect a monthly principal and interest payment of approximately $1,107.
Current Mortgage Rates in South Sioux City, NE
Below are the current average mortgage rates available in the South Sioux City area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.86% | 6.65% | +0.21% |
| 15-Year Fixed | 6.08% | 5.89% | +0.19% |
| 5/1 ARM | 6.32% | 6.15% | +0.17% |
| FHA | 6.56% | 6.25% | +0.31% |
| VA | 6.31% | 6.05% | +0.26% |
| Jumbo | 7.11% | 6.85% | +0.26% |
South Sioux City Housing Market Overview
The South Sioux City housing market offers relatively affordable housing compared to many major cities. The median household income in South Sioux City is $53,000, and the cost of living index is 91.6 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $58,971 to comfortably afford the median-priced home in South Sioux City, which exceeds the current median household income.
Monthly Payment Breakdown for South Sioux City
Based on the median home price of $211,000 with 20% down ($42,200), here is what you can expect to pay monthly in South Sioux City:
15-Year vs. 30-Year Mortgage in South Sioux City
Choosing a 15-year mortgage in South Sioux City at 6.08% instead of a 30-year at 6.86% would save you $140,760 in total interest over the life of the loan. However, your monthly payment would be $1,432 instead of $1,107 — an increase of $325 per month.
Calculate Your South Sioux City Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in South Sioux City
What are the current mortgage rates in South Sioux City, NE?
As of March 2026, the average 30-year fixed mortgage rate in South Sioux City, Nebraska is 6.86%, while the 15-year fixed rate is 6.08%. FHA loans average 6.56% and VA loans 6.31%. These rates are 0.21% above the national average of 6.65%.
How much is a monthly mortgage payment in South Sioux City?
Based on the median home price of $211,000 with 20% down, the estimated monthly mortgage payment in South Sioux City is $1,107 for principal and interest. Including property taxes of $269/month, the total monthly housing cost is approximately $1,376.
What income do I need to buy a home in South Sioux City?
Using the 28% rule, you would need an annual income of approximately $58,971 to afford the median-priced home in South Sioux City at $211,000. The median household income in South Sioux City is $53,000. This means most households would need to either earn above the median or consider homes below $211,000.
Is South Sioux City a good place to buy a home in 2026?
South Sioux City offers a below-average cost of living with a cost of living index of 91.6 (national average = 100). The property tax rate in Nebraska is 1.53%, which is above the national average. South Sioux City has a population of 13,353 and offers a very affordable lifestyle.
Mortgage Rates in Other Nebraska Cities
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Last updated: March 2026. Rates are approximate averages based on regional lending data for the South Sioux City, Nebraska area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.