Cost of Living in Furnas County, Nebraska
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Furnas County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Furnas County ranks #983 of 3,144 counties for affordability (top 31%)
Data Story
About Cost of Living in Furnas County, Nebraska
Furnas rents slightly higher than the nation
Furnas County residents spend 15.9% of their income on rent, slightly above the national average of 14.2%, stretching household budgets a bit tighter than typical American renters. The median household income here is $60,625—about 19% lower than the national median of $74,755—making that rent burden feel heavier.
Mid-range affordability in Nebraska
With a 15.9% rent-to-income ratio, Furnas County ranks in the middle tier of Nebraska counties for housing affordability. While not the most strained, it does exceed the state average of 14.2%, suggesting residents here face slightly tighter housing costs than their neighbors statewide.
Rents higher than nearby counties
Furnas County's median rent of $805 is noticeably higher than Greeley County ($643) to the north and approaches Gosper County ($797) to the south. This rent premium reflects Furnas's position as a slightly more developed regional hub, though incomes haven't kept pace with the higher housing costs.
Rent eats 15.9% of income here
At $60,625, the median household income supports a monthly rent of $805 and homeownership costs of $713 for a median home value of $91,800. Renters spend about $800 monthly—nearly 16% of gross income—while homeowners enjoy lower monthly costs, though purchasing requires managing that $91,800 entry price.
Consider Furnas for balanced rural living
If you're weighing rural Nebraska counties, Furnas offers moderate rent prices and affordable home values compared to larger state hubs, though incomes run 19% below the national average. Homebuyers will find reasonable ownership costs ($713/month), making it an option for those prioritizing affordable property over high earning potential.
Cost of Living Advisory: Furnas County
Affordability Verdict
For renters in Furnas County, the market is affordable. Expect to pay around $805/month in gross rent, with 25.0% of renter households considered cost-burdened.
Rent vs. Own
The median rent in Furnas County is $805/month, while owner costs run $713/month. Owning saves approximately $92/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $32,200/year. For owner costs at the 28% rule, the required income is roughly $30,557/year. With a median household income of $60,625, most households can comfortably afford rent here. Notably, 25.0% of renter households in Furnas County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Within Nebraska, Furnas County is more affordable than Butler County by roughly 7% ($805/mo vs $753/mo).
Affordability Calculator
See how your income compares to housing costs in Furnas County
Rent Burden
15.9%
of gross income
Max Housing (28% Rule)
$1,415
per month
Owner Cost Burden
14.1%
of gross income
You can likely afford the median home in Furnas County
Median home value is $91,800. Estimated monthly cost: $733 vs. your max of $1,415.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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