Chester, NE
Full City Profile · Nebraska · Thayer County County
3.7
/5.0
B+
Good
274
Population
464/sq mi density
$54,875
Median Income
$26,815 per capita
$72,600
Home Value
$114,079 Zillow
$850
Median Rent
14.3% income on rent
52°F
Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$54,875 median income, 1.4% unemployment
A+
Affordability
5.0 / 5.0
$72,600 home value, $850/mo rent
C
Education
2.2 / 5.0
14.9% bachelor's degree or higher
Housing Overview
Median Home Value
$72,600
74% below
US avg: $281,900
Median Rent
$850/mo
27% below
US avg: $1,163/mo
Homeownership Rate
81.7%
25% above US avg (65.4%)
Total Housing Units
117
Median year built: 1938
Home Value by Source
Census Median
$72,600
Zillow (ZHVI)
$114,079
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
81.7%
Owner-Occupied
18.3%
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:
$850/mo
Affordability & Housing Stock
Rent Burden
14.3%
of renters spending 30%+ of income on housing
54% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
81.7%
Complete Housing Data
Home Values
| Census Median Value | $72,600 |
| Zillow Home Value (ZHVI) | $114,079 |
Rent
| Census Median Rent | $850 |
| 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 | 81.7% |
| Renter-Occupied | 18.3% |
| Homeownership Rate | 81.7% |
| Total Housing Units | 117 |
| Median Year Built | 1938 |
| Rent Burden | 14.3% |