Average Rent in Otoe County, NE↑ Rents rising 8.2% YoY🔺 10th priciest in NE

Otoe County, NE has rental prices ranging from $805/month to $1,513/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $850/month — 39% below the national average of $1,400/month. With a median household income of $81,430/year, spending $850/month on a 1-bedroom represents 13% of gross income — within the recommended 30% threshold.

How Otoe County Compares

With an average 2-bedroom rent of $1,112/month, Otoe County ranks #10 most expensive of the 89 cities tracked in Nebraska — pricier than 66% of all US cities in our data.

The Otoe County Rental Market

The Otoe County, NE area has a population of about 16,075 and 20% 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 Otoe County, NE have risen by $84/month (8.2%) over the past year, from $1,028 to $1,112. 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 Otoe County, NE without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $34,000. The local median household income of $81,430 exceeds that threshold by $47,430, making Otoe County relatively accessible compared to local wages.

Economy & Jobs

Otoe County, NE has an unemployment rate of 3.1%, 0.8 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 Otoe County, NE Affordable?

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

Rent or Buy in Otoe County?

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

Living in Otoe County

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