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Farnam, NE
Full City Profile · Nebraska · Frontier County County
3.1
/5.0
B
Good
169
Population
252/sq mi density
$46,500
Median Income
$33,775 per capita
$72,100
Home Value
$181,309 Zillow
$708
Median Rent
18.8% income on rent
50°F
Avg Temperature
308 sunny days/yr
56
Violent Crime/100K
2,110 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$46,500 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$72,100 home value, $708/mo rent
F
Safety
1.0 / 5.0
56 violent crimes/100K
C+
Education
2.9 / 5.0
24.1% bachelor's degree or higher
Housing Overview
Median Home Value
$72,100
74% below
US avg: $281,900
Median Rent
$708/mo
39% below
US avg: $1,163/mo
Homeownership Rate
72.4%
11% above US avg (65.4%)
Total Housing Units
90
Median year built: 1955
Home Value by Source
Census Median
$72,100
Zillow (ZHVI)
$181,309
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
72.4%
Owner-Occupied
27.6%
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:
$708/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
1955
Average age of housing stock: 71 years
Homeownership Rate
72.4%
Complete Housing Data
Home Values
| Census Median Value | $72,100 |
| Zillow Home Value (ZHVI) | $181,309 |
Rent
| Census Median Rent | $708 |
| 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 | 72.4% |
| Renter-Occupied | 27.6% |
| Homeownership Rate | 72.4% |
| Total Housing Units | 90 |
| Median Year Built | 1955 |
| Rent Burden | 18.8% |