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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in Albion city, Nebraska?

$705/month 3.6%vs 2023 ($731)

City · Census ACS 5-Year estimates

The median gross rent in Albion city, Nebraska is $705/month (±$232), based on Census ACS 5-Year estimates (2024). The median home value is $219,000 (±$11,039), and the median household income is $74,492/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for Albion city, Nebraska

MetricValue
Median Gross Rent$705
Median Home Value$219,000
Median Household Income$74,492
Total Housing Units751
Renter-Occupied Units179
Renter-Occupied Share24%
Households Paying 50%+ Income24 households

How does Albion city, Nebraska compare?

Median gross rent ranked against all cities in Nebraska.

Higher rent than 29% of cities in Nebraska · 266th of 375

Cheapest: Herman village($332)
Priciest: Offutt AFB CDP($1,666)
#CityValue
1Offutt AFB CDP$1,666
2Sprague village$1,607
3Gretna city$1,540
… 262 more …
266Albion city(you are here)$705
… 106 more …
373Herman village$332
374Steele City village$325
375Elk Creek village$275

More data for Albion city, Nebraska

Frequently asked questions

What is the average rent in Albion city, Nebraska?

The median gross rent in Albion city, Nebraska is $705/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent for a 2-bedroom in Albion city, Nebraska?

The median rent for a 2-bedroom in Albion city, Nebraska is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the median home value in Albion city, Nebraska?

The median home value in Albion city, Nebraska is $219,000 according to Census ACS 5-Year estimates (2024).

What percentage of renters in Albion city are rent-burdened?

In Albion city, Nebraska, 24 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.

What is the median household income in Albion city, Nebraska?

The median household income in Albion city, Nebraska is $74,492/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $705 has a margin of error of ±$232. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.