Cost of Living in Morrill County, Nebraska

$744/mo

Median Monthly Rent

$112,000

Median Home Value

5% below state averageUnaffordable

At a Glance

Median Monthly Rent

$744/mo

5% below state average

Median Home Value

$112,000

60% 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 Morrill County Compares

Median monthly rent comparison

Morrill County$744/mo

Nebraska Average$783/mo

National Median$1,163/mo

Detailed Housing Stats

$744/mo

Median Gross Rent

$112,000

Median Home Value

$739/mo

Monthly Owner Cost

27.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Morrill County, Nebraska

Morrill County stretches renters' budgets above national norms

Morrill County's 14.9% rent-to-income ratio exceeds the national benchmark, indicating that residents here spend a larger-than-typical share of income on rent. The $744 monthly rent is moderate, but combined with a $59,773 median household income well below the national average of $74,755, housing costs create real budget pressure.

Morrill ranks among Nebraska's tighter affordability counties

At 14.9%, Morrill County's rent-to-income ratio edges above the state average of 14.2%, placing it in Nebraska's less-affordable tier. Lower household incomes amplify the burden that even moderate rents place on resident budgets.

Morrill's rents are reasonable but income is low

Morrill County's $744 rent is competitive with neighbors like Logan ($725) and Nance ($776), yet the county's $59,773 median income is among the lowest in the region. This income-cost mismatch pushes Morrill's affordability ratio above neighbors with similar rents but higher wages.

Low income makes moderate rents feel expensive

At $744 monthly, Morrill County rents consume 14.9% of the $59,773 median household income, while homeowners pay $739 in monthly costs. The tight fit between low wages and housing expenses leaves less financial wiggle room than in higher-income neighbors.

Morrill suits relocators with stable, higher incomes

Morrill County's low median home values ($112,000) attract budget-conscious homebuyers, but renters should note the 14.9% rent-to-income ratio requires careful income planning. Compare Morrill's affordability challenges to neighbors like McPherson and Loup before relocating on a tight budget.

Affordability Calculator

See how your income compares to housing costs in Morrill County

Your Annual Household Income

Rent Burden

14.9%

of gross income

Max Housing (28% Rule)

$1,395

per month

Owner Cost Burden

14.8%

of gross income

You can likely afford the median home in Morrill County

Median home value is $112,000. Estimated monthly cost: $894 vs. your max of $1,395.

Rent Affordability Guide

Your rent-to-income ratio14.9%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Morrill County, Nebraska?

Morrill County, Nebraska has a median monthly rent of $744/mo and a median home value of $112,000. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.

What is the median rent in Morrill County?

The median gross rent in Morrill County is $744/mo. This is 5% below state average for Nebraska.

Is Morrill County affordable?

Morrill 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 Morrill County's rent compare to the state average?

Morrill County's median rent of $744/mo is 5% below state average of $783/mo for Nebraska.

What is the median home value in Morrill County?

The median home value in Morrill County, Nebraska is $112,000. This is 60% below the national median home value of $281,900.