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Broadwater, NE

Full City Profile · Nebraska · Morrill County County

3.3 /5.0
B Good
118 Population 738/sq mi density
$56,607 Median Income $34,258 per capita
$39,600 Home Value $130,442 Zillow
$1,036 Median Rent 13.0% income on rent
48°F Avg Temperature 316 sunny days/yr
66 Violent Crime/100K 989 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
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
F
Safety
1.0 / 5.0
66 violent crimes/100K
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)
$130,442
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

77.6%
Owner-Occupied
22.4%
Renter-Occupied
78%
22%
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)$130,442

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-Occupied77.6%
Renter-Occupied22.4%
Homeownership Rate77.6%
Total Housing Units87
Median Year Built1938
Rent Burden13.0%