Cost of Living in Perkins County, Nebraska

$783/mo
Median Monthly Rent
$149,200
Median Home Value
At state averageUnaffordable

At a Glance

Median Monthly Rent
$783/mo
At state average
Median Home Value
$149,200
47% below national
Rent-to-Income Ratio
22.0%
% 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 Perkins County Compares

Median monthly rent comparison

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

Detailed Housing Stats

$783/mo
Median Gross Rent
$149,200
Median Home Value
$840/mo
Monthly Owner Cost
22.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Perkins County, Nebraska

Perkins edges close to Nebraska's state burden

Perkins County renters spend 13.9% of their income on housing, just slightly below Nebraska's 14.2% state average. The median household income of $67,500 trails the national average of $74,755, placing this county slightly behind national earning benchmarks.

Near-average affordability in Nebraska context

Perkins County ranks near the middle of Nebraska counties for rental affordability, with a 13.9% rent-to-income ratio hovering just under the state average. Its $783 median rent exactly matches the state average, reflecting typical Nebraska housing market conditions.

State-median rent with moderate home values

Perkins' $783 monthly rent is precisely the Nebraska state average and more affordable than Otoe ($905), Pierce ($850), and Platte ($867). Home values of $149,200 fall in the middle range for this region.

Balanced housing costs relative to income

Perkins households earn $67,500 annually and spend $783 on rent or $840 on mortgages, representing 13.9% and 14.9% of income respectively. This split shows renters enjoy slightly better affordability than homeowners in this county.

Perkins offers typical Nebraska housing market

If you want a straightforward Nebraska experience with state-average housing costs and moderate home values, Perkins delivers predictable affordability. The county's middle-ground positioning makes it a solid choice for those seeking balance without extremes.

Affordability Calculator

See how your income compares to housing costs in Perkins County

$

Rent Burden

13.9%

of gross income

Max Housing (28% Rule)

$1,575

per month

Owner Cost Burden

14.9%

of gross income

You can likely afford the median home in Perkins County

Median home value is $149,200. Estimated monthly cost: $1,191 vs. your max of $1,575.

Rent Affordability Guide

Your rent-to-income ratio13.9%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Perkins County, Nebraska?
Perkins County, Nebraska has a median monthly rent of $783/mo and a median home value of $149,200. The affordability rating is Unaffordable, with rent making up approximately 22.0% of median household income.
What is the median rent in Perkins County?
The median gross rent in Perkins County is $783/mo. This is At state average for Nebraska.
Is Perkins County affordable?
Perkins County is rated Unaffordable based on rent-to-income ratio of 22.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Perkins County's rent compare to the state average?
Perkins County's median rent of $783/mo is At state average of $783/mo for Nebraska.
What is the median home value in Perkins County?
The median home value in Perkins County, Nebraska is $149,200. This is 47% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.