Broadwater, NE
Full City Profile · Nebraska · Morrill County County
4.0
/5.0
A
Great
118
Population
738/sq mi density
$56,607
Median Income
$34,258 per capita
$39,600
Home Value
$139,783 Zillow
$1,036
Median Rent
13.0% income on rent
48°F
Avg Temperature
A
Overall
4.0 / 5.0
Strong
A
Economy
4.1 / 5.0
$56,607 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$39,600 home value, $1,036/mo rent
C+
Education
3.0 / 5.0
24.5% bachelor's degree or higher
Housing Overview
Median Home Value
$39,600
86% below
US avg: $281,900
Median Rent
$1,036/mo
11% below
US avg: $1,163/mo
Homeownership Rate
77.6%
19% above US avg (65.4%)
Total Housing Units
87
Median year built: 1938
Home Value by Source
Census Median
$39,600
Zillow (ZHVI)
$139,783
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
77.6%
Owner-Occupied
22.4%
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:
$1,036/mo
Affordability & Housing Stock
Rent Burden
13.0%
of renters spending 30%+ of income on housing
58% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
77.6%
Complete Housing Data
Home Values
| Census Median Value | $39,600 |
| Zillow Home Value (ZHVI) | $139,783 |
Rent
| Census Median Rent | $1,036 |
| 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 | 77.6% |
| Renter-Occupied | 22.4% |
| Homeownership Rate | 77.6% |
| Total Housing Units | 87 |
| Median Year Built | 1938 |
| Rent Burden | 13.0% |