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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
82%
18%
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-Occupied82.2%
Renter-Occupied17.8%
Homeownership Rate82.2%
Total Housing Units377
Median Year Built1962
Rent Burden15.5%