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Madrid, NE

Full City Profile · Nebraska · Perkins County County

3.0 /5.0
B Good
253 Population 224/sq mi density
$71,750 Median Income $27,271 per capita
$101,300 Home Value $192,435 Zillow
$850 Median Rent 16.7% income on rent
50°F Avg Temperature 308 sunny days/yr
66 Violent Crime/100K 2,579 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$71,750 median income, 5.1% unemployment
A+
Affordability
5.0 / 5.0
$101,300 home value, $850/mo rent
F
Safety
1.0 / 5.0
66 violent crimes/100K
C
Education
2.0 / 5.0
12.9% bachelor's degree or higher

Housing Overview

Median Home Value
$101,300
64% below
US avg: $281,900
Median Rent
$850/mo
27% below
US avg: $1,163/mo
Homeownership Rate
92.9%
42% above US avg (65.4%)
Total Housing Units
83
Median year built: 1959

Home Value by Source

Census Median
$101,300
Zillow (ZHVI)
$192,435
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

92.9%
Owner-Occupied
7.1%
Renter-Occupied
93%
7%
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: $850/mo

Affordability & Housing Stock

Rent Burden
16.7%
of renters spending 30%+ of income on housing
46% below US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
92.9%

Complete Housing Data

Home Values

Census Median Value$101,300
Zillow Home Value (ZHVI)$192,435

Rent

Census Median Rent$850
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-Occupied92.9%
Renter-Occupied7.1%
Homeownership Rate92.9%
Total Housing Units83
Median Year Built1959
Rent Burden16.7%