RentData

Average Rent in Greeley County, NE↑ Rents rising 5.5% YoY🔻 2nd cheapest in NE

HUD FY2027 · Official government data · Updated annually · Metro pop. 2,211

Data review: HUD FY2027Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Greeley County, NE has rental prices ranging from $734/month to $1,380/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $775/month — 45% below the national average of $1,400/month. With a median household income of $58,894/year, spending $775/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.

How Greeley County Compares

With an average 2-bedroom rent of $1,014/month, Greeley County ranks #88 most expensive of the 89 cities tracked in Nebraska — more affordable than 63% of all US cities in our data.

The Greeley County Rental Market

The Greeley County, NE area has a population of about 2,211 and 18% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Greeley County, NE have risen by $53/month (5.5%) over the past year, from $961 to $1,014. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Greeley County, NE without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $31,000. The local median household income of $58,894 exceeds that threshold by $27,894, making Greeley County relatively accessible compared to local wages.

Economy & Jobs

Greeley County, NE has an unemployment rate of 2.4%, 1.5 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.

Fair Market Rents

HUD FY2027
Studio
$734
Affordable
1 Bedroom
$775
Affordable
2 Bedrooms
$1,014
↑5.5% YoY
Affordable
3 Bedrooms
$1,208
Affordable
4 Bedrooms
$1,380
Affordable
🔔
Get Rent Alerts
Be notified when rents change in Greeley County
▼

Is Greeley County, NE Affordable?

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

Affordability Index(30% income rule)

To rent a 2BR
$40,560/year
Local median income: $58,894
To buy a median home
—/year
US national median: $75,000
💡 Based on a 2BR rent of $1,014/month and 20% down on a — home at 7% rate.

Nearby Cities in NElargest metros in the state

CityStudio1BR2BR3BRHome Value
Lincoln$948$1,009$1,230$1,703—
Hall County$902$972$1,210$1,505—
Buffalo County$899$904$1,097$1,432—
Dodge County$874$923$1,207$1,438—
Scotts Bluff County$712$782$1,023$1,294—
Madison County$753$866$1,082$1,400—

Rent or Buy in Greeley County?

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

Should I Rent or Buy?

Break-even analysis using real Greeley County data

$
Home Value
$350,000
2BR Rent
$1,014/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 4 years — worth it if you stay 4+ years.

Total monthly buy cost: $2,577/movs rent: $1,014/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Greeley County

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

Moving Cost Estimator

Estimate your moving costs based on FMCSA public mover data

Select your origin state to see the estimate

Estimates based on FMCSA average mover rates. Get at least 3 binding quotes from licensed movers. Protect your move →

Frequently Asked Questions

Explore More

🏘️Neighborhoods in Greeley County

Compare rent & home prices by neighborhood

💵Rent Affordability in Greeley County

Salary needed to afford rent here

🗺️All Cities in NE

See how Greeley County ranks statewide

⚖️Compare Greeley County

Side-by-side rent & cost of living with any city

📋NE Tenant Rights

Deposit limits, eviction laws & renters protections