Cost of Living in Keith County, Nebraska

$772/mo
Median Monthly Rent
$157,000
Median Home Value

At a Glance

Median Monthly Rent
$772/mo
1% below state average
Median Home Value
$157,000
44% below national
Rent-to-Income Ratio
27.0%
% 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 Keith County Compares

Median monthly rent comparison

Keith County$772/mo
Nebraska Average$783/mo
National Median$1,163/mo

Detailed Housing Stats

$772/mo
Median Gross Rent
$157,000
Median Home Value
$853/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Keith County ranks #1,359 of 3,144 counties for affordability (top 43%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Keith County, Nebraska

Keith County renters stretch tight incomes

Keith County's 15.9% rent-to-income ratio sits above national affordability comfort, reflecting housing costs that consume more than average. Median household income of $58,132 trails the U.S. average by $16,600, putting renters in a financially constrained position nationwide.

Among Nebraska's least affordable counties

Keith County's 15.9% rent-to-income ratio ranks above Nebraska's 14.2% average, placing it among less affordable counties statewide despite modest rent of $772. Lower incomes relative to housing costs create the affordability squeeze.

Lowest rent, lowest income in the region

Keith County's $772 monthly rent ranks lowest among peers, but so does its $58,132 median income—tying with Johnson County as the region's lowest earner. This affordability paradox means renters benefit from cheap housing but lack the income cushion of wealthier neighbors.

Keith County's housing burden breakdown

Renters pay $772 monthly while homeowners spend $853 on mortgages for homes valued at $157,000. Together, housing claims approximately 16% of household income, leaving families $9,300 annually absorbed by rent or mortgage obligations.

Keith County works for budget movers

If you're relocating with modest income expectations, Keith County's low rents ($772) and affordable home values ($157,000, $853/month mortgage) provide solid foundation. However, compare earning potential: stronger-paying regions like Kearney County might offset slightly higher housing costs.

Cost of Living Advisory: Keith County

Affordability Verdict

For renters in Keith County, the market is affordable. Expect to pay around $772/month in gross rent, with 27.0% of renter households considered cost-burdened.

Rent vs. Own

The median rent in Keith County is $772/month, while owner costs run $853/month. Renting saves approximately $81/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $30,880/year. For owner costs at the 28% rule, the required income is roughly $36,557/year. With a median household income of $58,132, most households can comfortably afford rent here. Notably, 27.0% of renter households in Keith County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Deuel County where rent averages $827/month, Keith County is approximately 7% less expensive.

Affordability Calculator

See how your income compares to housing costs in Keith County

$

Rent Burden

15.9%

of gross income

Max Housing (28% Rule)

$1,356

per month

Owner Cost Burden

17.6%

of gross income

You can likely afford the median home in Keith County

Median home value is $157,000. Estimated monthly cost: $1,253 vs. your max of $1,356.

Rent Affordability Guide

Your rent-to-income ratio15.9%
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: $58,132Needed: $30,880
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $58,132Needed: $36,557
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $58,132Needed: $36,538

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 Keith County, Nebraska?
Keith County, Nebraska has a median monthly rent of $772/mo and a median home value of $157,000. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Keith County?
The median gross rent in Keith County is $772/mo. This is 1% below state average for Nebraska.
Is Keith County affordable?
Keith County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Keith County's rent compare to the state average?
Keith County's median rent of $772/mo is 1% below state average of $783/mo for Nebraska.
What is the median home value in Keith County?
The median home value in Keith County, Nebraska is $157,000. This is 44% 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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