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Albion, NE
Full City Profile · Nebraska · Nance County County
3.4
/5.0
B
Good
1,733
Population
1,469/sq mi density
$70,761
Median Income
$37,427 per capita
$210,800
Home Value
$301,335 Zillow
$731
Median Rent
26.3% income on rent
48°F
Avg Temperature
308 sunny days/yr
69
Violent Crime/100K
1,714 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$70,761 median income, 1.2% unemployment
A+
Affordability
5.0 / 5.0
$210,800 home value, $731/mo rent
F
Safety
1.0 / 5.0
69 violent crimes/100K
B
Education
3.4 / 5.0
29.5% bachelor's degree or higher
Housing Overview
Median Home Value
$210,800
25% below
US avg: $281,900
Median Rent
$731/mo
37% below
US avg: $1,163/mo
Homeownership Rate
73.2%
12% above US avg (65.4%)
Total Housing Units
811
Median year built: 1962
Home Value by Source
Census Median
$210,800
Zillow (ZHVI)
$301,335
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
73.2%
Owner-Occupied
26.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$706/mo
1 Bedroom
$791/mo
2 Bedroom
$1,001/mo
3 Bedroom
$1,274/mo
4 Bedroom
$1,409/mo
Census median rent:
$731/mo
Affordability & Housing Stock
Rent Burden
26.3%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
73.2%
Complete Housing Data
Home Values
| Census Median Value | $210,800 |
| Zillow Home Value (ZHVI) | $301,335 |
Rent
| Census Median Rent | $731 |
| FMR Studio | $706 |
| FMR 1-Bedroom | $791 |
| FMR 2-Bedroom | $1,001 |
| FMR 3-Bedroom | $1,274 |
| FMR 4-Bedroom | $1,409 |
Market
Ownership & Stock
| Owner-Occupied | 73.2% |
| Renter-Occupied | 26.8% |
| Homeownership Rate | 73.2% |
| Total Housing Units | 811 |
| Median Year Built | 1962 |
| Rent Burden | 26.3% |