Average Rent in Thomas County, NE↑ Rents rising 4.0% YoY🔻 2nd cheapest in NE

Thomas County, NE has rental prices ranging from $622/month to $1,204/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $691/month — 51% below the national average of $1,400/month. With a median household income of $72,708/year, spending $691/month on a 1-bedroom represents 11% of gross income — within the recommended 30% threshold.

How Thomas County Compares

With an average 2-bedroom rent of $907/month, Thomas County ranks #87 most expensive of the 88 cities tracked in Nebraska — more affordable than 71% of all US cities in our data.

The Thomas County Rental Market

The Thomas County, NE area has a population of about 626 and 30% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Thomas County, NE have risen by $35/month (4.0%) over the past year, from $872 to $907. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Thomas County, NE without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $27,640. The local median household income of $72,708 exceeds that threshold by $45,068, making Thomas County relatively accessible compared to local wages.

Economy & Jobs

Thomas County, NE has an unemployment rate of 4.7%, 0.8 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.

Is Thomas County, NE Affordable?

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

Rent or Buy in Thomas County?

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

Living in Thomas County

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