Elgin, NE
Full City Profile · Nebraska · Boone County County
3.5
/5.0
B+
Good
620
Population
849/sq mi density
$53,661
Median Income
$41,249 per capita
$98,000
Home Value
$236,296 Zillow
$675
Median Rent
15.5% income on rent
48°F
Avg Temperature
308 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$53,661 median income, 0.8% unemployment
A+
Affordability
5.0 / 5.0
$98,000 home value, $675/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.5 / 5.0
18.9% bachelor's degree or higher
Housing Overview
Median Home Value
$98,000
65% below
US avg: $281,900
Median Rent
$675/mo
42% below
US avg: $1,163/mo
Homeownership Rate
82.2%
26% above US avg (65.4%)
Total Housing Units
377
Median year built: 1962
Home Value by Source
Census Median
$98,000
Zillow (ZHVI)
$236,296
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
82.2%
Owner-Occupied
17.8%
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:
$675/mo
Affordability & Housing Stock
Rent Burden
15.5%
of renters spending 30%+ of income on housing
50% below US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
82.2%
Complete Housing Data
Home Values
| Census Median Value | $98,000 |
| Zillow Home Value (ZHVI) | $236,296 |
Rent
| Census Median Rent | $675 |
| 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 | 82.2% |
| Renter-Occupied | 17.8% |
| Homeownership Rate | 82.2% |
| Total Housing Units | 377 |
| Median Year Built | 1962 |
| Rent Burden | 15.5% |
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