Cost of Living in Garfield County, Nebraska

$519/mo
Median Monthly Rent
$144,900
Median Home Value

At a Glance

Median Monthly Rent
$519/mo
34% below state average
Median Home Value
$144,900
49% below national
Rent-to-Income Ratio
30.0%
% 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 Garfield County Compares

Median monthly rent comparison

Garfield County$519/mo
Nebraska Average$783/mo
National Median$1,163/mo

Detailed Housing Stats

$519/mo
Median Gross Rent
$144,900
Median Home Value
$843/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Garfield County ranks #85 of 3,144 counties for affordability (top 3%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Garfield County, Nebraska

Garfield offers exceptional rental affordability

Garfield County's 9.1% rent-to-income ratio is among the lowest in America and dramatically undercuts the national average of 14.2%, making it exceptionally affordable for renters. With a median income of $68,611—only 8% below the national median—residents enjoy genuine housing security.

Garfield is Nebraska's affordability leader

Garfield County's 9.1% rent-to-income ratio is the lowest in this entire eight-county group and substantially beats Nebraska's state average of 14.2%. This exceptional affordability reflects modest local rents paired with respectable incomes, creating genuine housing security for residents.

Lowest rents in the region by far

Garfield County's median rent of $519 is dramatically lower than every neighbor in this group, with the next-lowest (Greeley at $643) running 24% higher. The combination of rock-bottom rents and decent incomes creates the region's best housing affordability story.

Rent is a non-issue; homeownership is the trade

Garfield's $68,611 median income easily absorbs the $519 monthly rent—just 9% of gross earnings—leaving ample room in household budgets. Homeownership costs $843 monthly for properties valued at $144,900, making buying slightly costlier than renting but still accessible to most residents.

Garfield is Nebraska's affordability gem

If minimizing housing costs is your priority, Garfield County delivers—the lowest rents in this region consume just 9% of income, freeing resources for savings or quality of life. Remote workers or those with portable income will find exceptional value here, with genuine affordability paired with reasonable incomes.

Cost of Living Advisory: Garfield County

Affordability Verdict

Garfield County is affordable for renters, with a median gross rent of $519/month representing approximately 9.1% of median household income. The rent burden (GRAPI) stands at 30.0%.

Rent vs. Own

The median rent in Garfield County is $519/month, while owner costs run $843/month. Renting saves approximately $324/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $20,760/year. For owner costs at the 28% rule, the required income is roughly $36,129/year. With a median household income of $68,611, most households can comfortably afford rent here. Notably, 30.0% of renter households in Garfield County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Hooker County where rent averages $581/month, Garfield County is approximately 11% less expensive.

Affordability Calculator

See how your income compares to housing costs in Garfield County

$

Rent Burden

9.1%

of gross income

Max Housing (28% Rule)

$1,601

per month

Owner Cost Burden

14.7%

of gross income

You can likely afford the median home in Garfield County

Median home value is $144,900. Estimated monthly cost: $1,157 vs. your max of $1,601.

Rent Affordability Guide

Your rent-to-income ratio9.1%
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: $68,611Needed: $20,760
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $68,611Needed: $36,129
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $68,611Needed: $33,722

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 Garfield County, Nebraska?
Garfield County, Nebraska has a median monthly rent of $519/mo and a median home value of $144,900. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Garfield County?
The median gross rent in Garfield County is $519/mo. This is 34% below state average for Nebraska.
Is Garfield County affordable?
Garfield County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Garfield County's rent compare to the state average?
Garfield County's median rent of $519/mo is 34% below state average of $783/mo for Nebraska.
What is the median home value in Garfield County?
The median home value in Garfield County, Nebraska is $144,900. This is 49% 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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