Elmwood, NE
Full City Profile · Nebraska · Cass County County
4.4
/5.0
A
Great
765
Population
1,700/sq mi density
$81,250
Median Income
$43,765 per capita
$176,600
Home Value
$276,174 Zillow
$840
Median Rent
18.8% income on rent
51°F
Avg Temperature
A
Overall
4.4 / 5.0
Strong
A+
Economy
4.5 / 5.0
$81,250 median income, 2.4% unemployment
A+
Affordability
5.0 / 5.0
$176,600 home value, $840/mo rent
B+
Education
3.7 / 5.0
33.5% bachelor's degree or higher
Housing Overview
Median Home Value
$176,600
37% below
US avg: $281,900
Median Rent
$840/mo
28% below
US avg: $1,163/mo
Homeownership Rate
89.6%
37% above US avg (65.4%)
Total Housing Units
304
Median year built: 1962
Home Value by Source
Census Median
$176,600
Zillow (ZHVI)
$276,174
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
89.6%
Owner-Occupied
10.4%
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:
$840/mo
Affordability & Housing Stock
Rent Burden
18.8%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
89.6%
Complete Housing Data
Home Values
| Census Median Value | $176,600 |
| Zillow Home Value (ZHVI) | $276,174 |
Rent
| Census Median Rent | $840 |
| 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 | 89.6% |
| Renter-Occupied | 10.4% |
| Homeownership Rate | 89.6% |
| Total Housing Units | 304 |
| Median Year Built | 1962 |
| Rent Burden | 18.8% |