Average Rent in Cherry County, NE↑ Rents rising 8.8% YoY🔺 9th priciest in NE

Cherry County, NE has rental prices ranging from $807/month to $1,516/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $852/month — 39% below the national average of $1,400/month. With a median household income of $63,750/year, spending $852/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.

How Cherry County Compares

With an average 2-bedroom rent of $1,114/month, Cherry County ranks #9 most expensive of the 89 cities tracked in Nebraska — pricier than 66% of all US cities in our data.

The Cherry County Rental Market

The Cherry County, NE area has a population of about 5,468 and 38% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Cherry County, NE have risen by $90/month (8.8%) over the past year, from $1,024 to $1,114. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

Affordability

To afford a 1-bedroom apartment in Cherry County, NE without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $34,080. The local median household income of $63,750 exceeds that threshold by $29,670, making Cherry County relatively accessible compared to local wages.

Economy & Jobs

Cherry County, NE has an unemployment rate of 2.1%, 1.8 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.

Is Cherry County, NE Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Cherry County?

Break-even analysis and mortgage estimates based on local market data.

Living in Cherry County

Cost of living, job market, crime rates, and moving cost estimates.