Cost of Living in Nemaha County, Nebraska

$727/mo
Median Monthly Rent
$125,100
Median Home Value

At a Glance

Median Monthly Rent
$727/mo
7% below state average
Median Home Value
$125,100
56% below national
Rent-to-Income Ratio
26.0%
% 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 Nemaha County Compares

Median monthly rent comparison

Nemaha County$727/mo
Nebraska Average$783/mo
National Median$1,163/mo

Detailed Housing Stats

$727/mo
Median Gross Rent
$125,100
Median Home Value
$849/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Nemaha County ranks #800 of 3,144 counties for affordability (top 25%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Nemaha County, Nebraska

Nemaha County rents put pressure on household budgets

Nemaha County's 14.5% rent-to-income ratio sits above the national benchmark, signaling that residents here dedicate a larger-than-typical share of income to housing costs. The $727 monthly rent is moderate, but a $60,132 median household income well below the national average of $74,755 creates real affordability strain.

Nemaha edges above Nebraska's affordability average

At 14.5%, Nemaha County's rent-to-income ratio exceeds the state average of 14.2%, placing it slightly outside Nebraska's affordability sweet spot. Lower household incomes relative to housing costs mean residents experience more budget pressure than in most state counties.

Nemaha's rents are reasonable but income is tight

Nemaha County's $727 rent tracks with Logan ($725) and Morrill ($744), yet the county's $60,132 median income ranks among the region's lowest. This income-cost dynamic pushes Nemaha's affordability ratio above neighbors with similar rents but stronger paychecks.

Low income amplifies the burden of modest rents

Renters spend $727 monthly while homeowners pay $849, both consuming meaningful slices of the $60,132 median household income. At 14.5% of income going to rent, Nemaha County residents face tighter household budgets than most Nebraska neighbors.

Nemaha rewards relocators with stable income sources

Nemaha County's $125,100 median home values and $727 rents appeal to budget-conscious buyers, but renters should plan for the 14.5% rent burden. Compare Nemaha's affordability metrics to lower-cost neighbors like McPherson and Loup to ensure your income can sustain comfortable housing here.

Cost of Living Advisory: Nemaha County

Affordability Verdict

Nemaha County offers affordable rental housing at a median of $727/month — about 14.5% of the typical household income here.

Rent vs. Own

The median rent in Nemaha County is $727/month, while owner costs run $849/month. Renting saves approximately $122/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $29,080/year. For owner costs at the 28% rule, the required income is roughly $36,386/year. With a median household income of $60,132, most households can comfortably afford rent here. Notably, 26.0% of renter households in Nemaha County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Red Willow County where rent averages $778/month, Nemaha County is approximately 7% less expensive.

Affordability Calculator

See how your income compares to housing costs in Nemaha County

$

Rent Burden

14.5%

of gross income

Max Housing (28% Rule)

$1,403

per month

Owner Cost Burden

16.9%

of gross income

You can likely afford the median home in Nemaha County

Median home value is $125,100. Estimated monthly cost: $999 vs. your max of $1,403.

Rent Affordability Guide

Your rent-to-income ratio14.5%
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: $60,132Needed: $29,080
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,132Needed: $36,386
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,132Needed: $29,114

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 Nemaha County, Nebraska?
Nemaha County, Nebraska has a median monthly rent of $727/mo and a median home value of $125,100. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Nemaha County?
The median gross rent in Nemaha County is $727/mo. This is 7% below state average for Nebraska.
Is Nemaha County affordable?
Nemaha County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Nemaha County's rent compare to the state average?
Nemaha County's median rent of $727/mo is 7% below state average of $783/mo for Nebraska.
What is the median home value in Nemaha County?
The median home value in Nemaha County, Nebraska is $125,100. This is 56% 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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