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Elwood, NE

Full City Profile · Nebraska · Gosper County County

3.3 /5.0
B Good
535 Population 973/sq mi density
$68,500 Median Income $35,575 per capita
$150,700 Home Value $392,406 Zillow
$775 Median Rent 14.0% income on rent
51°F Avg Temperature 308 sunny days/yr
137 Violent Crime/100K 2,805 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$68,500 median income, 3.6% unemployment
A+
Affordability
5.0 / 5.0
$150,700 home value, $775/mo rent
F
Safety
1.0 / 5.0
137 violent crimes/100K
B
Education
3.0 / 5.0
25.1% bachelor's degree or higher

Housing Overview

Median Home Value
$150,700
47% below
US avg: $281,900
Median Rent
$775/mo
33% below
US avg: $1,163/mo
Homeownership Rate
77.7%
19% above US avg (65.4%)
Total Housing Units
265
Median year built: 1958

Home Value by Source

Census Median
$150,700
Zillow (ZHVI)
$392,406
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

77.7%
Owner-Occupied
22.3%
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: $775/mo

Affordability & Housing Stock

Rent Burden
14.0%
of renters spending 30%+ of income on housing
55% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
77.7%

Complete Housing Data

Home Values

Census Median Value$150,700
Zillow Home Value (ZHVI)$392,406

Rent

Census Median Rent$775
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-Occupied77.7%
Renter-Occupied22.3%
Homeownership Rate77.7%
Total Housing Units265
Median Year Built1958
Rent Burden14.0%