Cost of Living in Hayes County, Nebraska

$419/mo
Median Monthly Rent
$112,800
Median Home Value

At a Glance

Median Monthly Rent
$419/mo
46% below state average
Median Home Value
$112,800
60% below national
Rent-to-Income Ratio
14.0%
% 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 Hayes County Compares

Median monthly rent comparison

Hayes County$419/mo
Nebraska Average$783/mo
National Median$1,163/mo

Detailed Housing Stats

$419/mo
Median Gross Rent
$112,800
Median Home Value
$721/mo
Monthly Owner Cost
14.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Hayes County ranks #218 of 3,144 counties for affordability (top 7%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Hayes County, Nebraska

Hayes County leads on rental affordability

Hayes County renters spend just 8.3% of their income on housing—significantly lower than the national household income average and among the best in the nation for affordability. At $419 per month in median rent, Hayes County offers exceptional housing costs for rural America.

Nebraska's most affordable rental market

Hayes County's 8.3% rent-to-income ratio is the lowest in Nebraska, far outperforming the state average of 14.2%. With a median rent of $419—less than half the state average of $783—Hayes County is a standout for cost-conscious renters.

Dramatically cheaper than nearby counties

Hayes County renters pay just $419 per month compared to $708 in Harlan County and $715 in Hitchcock County—a difference of nearly $300 per month. This makes Hayes County the clear winner for renters willing to embrace a remote rural lifestyle.

Hayes County's exceptional housing math

A typical Hayes County renter earning $60,313 annually spends just $419 per month on rent—only 8.3% of their income, freeing up hundreds of dollars for savings. Homeowners pay $721 monthly for properties valued at $112,800, also offering strong affordability and equity building.

Hayes County rewards remote workers

If you work remotely and want to maximize your savings, Hayes County offers the lowest rents in Nebraska at just $419 per month. With such exceptionally low housing costs, your paycheck stretches further here than almost anywhere else in the state.

Cost of Living Advisory: Hayes County

Affordability Verdict

Housing in Hayes County is affordable. The median rent is $419/month against a median household income of $60,313, putting rent at 8.3% of income.

Rent vs. Own

Renters in Hayes County pay $419/month on average, compared to $721/month for homeowners. This market favors renters by about 42%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $16,760/year. For owner costs at the 28% rule, the required income is roughly $30,900/year. With a median household income of $60,313, most households can comfortably afford rent here. Notably, 14.0% of renter households in Hayes County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Hayes County sits 19% less expensive than Garfield County ($519/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Hayes County

$

Rent Burden

8.3%

of gross income

Max Housing (28% Rule)

$1,407

per month

Owner Cost Burden

14.3%

of gross income

You can likely afford the median home in Hayes County

Median home value is $112,800. Estimated monthly cost: $901 vs. your max of $1,407.

Rent Affordability Guide

Your rent-to-income ratio8.3%
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: $60,313Needed: $16,760
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,313Needed: $30,900
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,313Needed: $26,252

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 Hayes County, Nebraska?
Hayes County, Nebraska has a median monthly rent of $419/mo and a median home value of $112,800. The affordability rating is Unaffordable, with rent making up approximately 14.0% of median household income.
What is the median rent in Hayes County?
The median gross rent in Hayes County is $419/mo. This is 46% below state average for Nebraska.
Is Hayes County affordable?
Hayes County is rated Unaffordable based on rent-to-income ratio of 14.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Hayes County's rent compare to the state average?
Hayes County's median rent of $419/mo is 46% below state average of $783/mo for Nebraska.
What is the median home value in Hayes County?
The median home value in Hayes County, Nebraska is $112,800. This is 60% 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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