Average Rent in Hamilton County, NE↓ Rents falling 23.6% YoY🔻 Cheapest in NE

Hamilton County, NE has rental prices ranging from $530/month to $1,271/month in 2021, depending on unit size. The typical 1-bedroom apartment rents for $557/month — 60% below the national average of $1,400/month. With a median household income of $79,884/year, spending $557/month on a 1-bedroom represents 8% of gross income — within the recommended 30% threshold.

How Hamilton County Compares

With an average 2-bedroom rent of $734/month, Hamilton County ranks #89 most expensive of the 89 cities tracked in Nebraska — more affordable than 99% of all US cities in our data.

The Hamilton County Rental Market

The Hamilton County, NE area has a population of about 9,438 and 17% 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 Hamilton County, NE have fallen by $227/month (23.6%) over the past year, from $961 to $734. This rate of decrease is significant and reflects softening demand or increased inventory in the local market.

Affordability

To afford a 1-bedroom apartment in Hamilton County, NE without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $22,280. The local median household income of $79,884 exceeds that threshold by $57,604, making Hamilton County relatively accessible compared to local wages.

Economy & Jobs

Hamilton County, NE has an unemployment rate of 1.9%, 2.0 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 Hamilton County, NE Affordable?

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

Rent or Buy in Hamilton County?

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

Living in Hamilton County

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