Cost of Living in Dundy County, Nebraska

$588/mo
Median Monthly Rent
$118,200
Median Home Value
25% below state averageUnaffordable

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

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.

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%

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