Cost of Living in Dundy County, Nebraska

$588/mo
Median Monthly Rent
$118,200
Median Home Value

At a Glance

Median Monthly Rent
$588/mo
25% below state average
Median Home Value
$118,200
58% below national
Rent-to-Income Ratio
26.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Dundy County Compares

Median monthly rent comparison

Dundy County$588/mo
Nebraska Average$783/mo
National Median$1,163/mo

Detailed Housing Stats

$588/mo
Median Gross Rent
$118,200
Median Home Value
$617/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Dundy County ranks #23 of 3,144 counties for affordability (top 1%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Dundy County, Nebraska

Dundy offers exceptional rental affordability

Dundy County's 12.5% rent-to-income ratio sits comfortably below both Nebraska's state average of 14.2% and national norms, delivering excellent housing affordability. With median rent at just $588 monthly and a median household income of $56,563, Dundy renters spend a smaller share of earnings on housing than most Americans. This county represents one of Nebraska's most budget-friendly rental markets.

Dundy ranks among Nebraska's best values

At 12.5%, Dundy's rent-to-income ratio bests Nebraska's state average of 14.2%, and its median rent of $588 runs 24.9% below the state average of $783. Despite having the lowest median income in this analysis ($56,563), Dundy residents enjoy stronger affordability than counties with higher wages, reflecting genuinely low housing costs. Dundy delivers exceptional value for renters statewide.

Dundy undercuts all regional rent competitors

At $588 monthly, Dundy's median rent is the lowest in its region—$239 less than Deuel County and $417 less than Dodge County. Even Franklin County ($613), another affordable option, runs $25 higher than Dundy, making Dundy the region's bargain leader. This affordability advantage persists despite Dundy's lower wages, indicating genuinely modest housing supply costs.

Dundy renters keep 87.5% for other needs

Dundy households earning $56,563 annually ($4,714/month) spend just $588 on rent—a lean 12.5%—preserving 87.5% for all other expenses. Homeowners enjoy similar relief: $617 monthly represents just 13.1% of income, offering homebuyers accessible entry at median values of $118,200. Dundy's affordability advantage applies to both renters and owners.

Dundy: Nebraska's most affordable county

If you're seeking maximum affordability in Nebraska, Dundy County delivers: rents at $588/month and median home values of $118,200, both the lowest in this analysis. Even at modest local wages ($56,563), housing consumes less than 13% of income—significantly better than the state average. Dundy suits relocators prioritizing low cost of living over urban amenities and job diversity.

Cost of Living Advisory: Dundy County

Affordability Verdict

Dundy County is affordable for renters, with a median gross rent of $588/month representing approximately 12.5% of median household income. The rent burden (GRAPI) stands at 26.0%.

Rent vs. Own

The median rent in Dundy County is $588/month, while owner costs run $617/month. Renting saves approximately $29/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $23,520/year. For owner costs at the 28% rule, the required income is roughly $26,443/year. With a median household income of $56,563, most households can comfortably afford rent here. Notably, 26.0% of renter households in Dundy County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Nebraska, Dundy County is less affordable than Greeley County by roughly 9% ($588/mo vs $643/mo).

Affordability Calculator

See how your income compares to housing costs in Dundy County

$

Rent Burden

12.5%

of gross income

Max Housing (28% Rule)

$1,320

per month

Owner Cost Burden

13.1%

of gross income

You can likely afford the median home in Dundy County

Median home value is $118,200. Estimated monthly cost: $944 vs. your max of $1,320.

Rent Affordability Guide

Your rent-to-income ratio12.5%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $56,563Needed: $23,520
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $56,563Needed: $26,443
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $56,563Needed: $27,508

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Dundy County, Nebraska?
Dundy County, Nebraska has a median monthly rent of $588/mo and a median home value of $118,200. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Dundy County?
The median gross rent in Dundy County is $588/mo. This is 25% below state average for Nebraska.
Is Dundy County affordable?
Dundy County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Dundy County's rent compare to the state average?
Dundy County's median rent of $588/mo is 25% below state average of $783/mo for Nebraska.
What is the median home value in Dundy County?
The median home value in Dundy County, Nebraska is $118,200. This is 58% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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