CostBy County

Cost of Living in Morrill County, Nebraska

$768/mo
Median Monthly Rent
$116,100
Median Home Value

At a Glance

Median Monthly Rent
$768/mo
4% below state average
Median Home Value
$116,100
65% below national
Census GRAPI
28.1%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Morrill County Compares

Median monthly rent comparison

Morrill County$768/mo
Nebraska Average$797/mo
National Median$1,413/mo

Detailed Housing Stats

$768/mo
Median Gross Rent
$116,100
Median Home Value
$792/mo
Monthly Owner Cost
28.1%
Census GRAPI

National Ranking

Affordability Rank

Morrill County ranks #985 of 3,142 counties for affordability (top 31%)

Most AffordableLeast Affordable

Sourced county brief

Morrill County Median Rent to Income Ratio Hits 28.1%

The official median gross rent as a percentage of household income (GRAPI) in Morrill County, Nebraska, is 28.1%. This figure, reported in ACS table B25071, is 4.9 percentage points higher than the Nebraska unweighted county mean official GRAPI of 23.2%. The median gross rent for the county is $768 per month, while the state unweighted county mean is $797. For owner-occupied housing, the median monthly owner cost is $792, compared to the state unweighted county mean of $860. The median home value is $116,100, which is below the state unweighted county mean of $164,635. Additionally, the median renter-household income was recorded at $28,051. These data points provide a summary of housing and income status without suggesting future market movements. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Morrill County

Affordability Verdict

ACS B25071 estimates median gross rent at 28.1% of renter household income in Morrill County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $768 per month; median selected monthly owner costs are $792. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $30,720 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Nebraska unweighted mean of county median rents is $797 per month. Morrill County's $768 median is 3.6% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Morrill County

$

Rent Burden

15.8%

of gross income

Max Housing (28% Rule)

$1,365

per month

Owner Cost Burden

16.2%

of gross income

You can likely afford the median home in Morrill County

Median home value is $116,100. Estimated monthly cost: $927 vs. your max of $1,365.

Rent Affordability Guide

Your entered rent as a share of entered income15.8%
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: $58,500Needed: $30,720
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $58,500Needed: $33,943
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $58,500Needed: $27,020

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 Morrill County, Nebraska?
Morrill County, Nebraska has a median monthly rent of $768/mo and a median home value of $116,100. The affordability rating is Affordable, with median gross rent equal to approximately 28.1% of renter household income.
What is the median rent in Morrill County?
The median gross rent in Morrill County is $768/mo. This is 4% below state average for Nebraska.
Is Morrill County affordable?
Morrill County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 28.1%. Median gross rent is under 30% of renter household income.
How does Morrill County's rent compare to the state average?
Morrill County's median rent of $768/mo is 4% below state average of $797/mo for Nebraska.
What is the median home value in Morrill County?
The median home value in Morrill County, Nebraska is $116,100. This is 65% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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