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Octavia, NE

Full City Profile · Nebraska · Butler County County

3.0 /5.0
B Good
166 Population 1,038/sq mi density
$65,417 Median Income $24,962 per capita
$112,500 Home Value $224,458 Zillow
49°F Avg Temperature 275 sunny days/yr
84 Violent Crime/100K 1,702 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$65,417 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$112,500 home value, /mo rent
F
Safety
1.0 / 5.0
84 violent crimes/100K
D
Education
2.0 / 5.0
12.2% bachelor's degree or higher

Housing Overview

Median Home Value
$112,500
60% below
US avg: $281,900
Homeownership Rate
81.8%
25% above US avg (65.4%)
Total Housing Units
75
Median year built: 1947

Home Value by Source

Census Median
$112,500
Zillow (ZHVI)
$224,458
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

81.8%
Owner-Occupied
18.2%
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

Affordability & Housing Stock

Rent Burden
22.8%
of renters spending 30%+ of income on housing
26% below US avg (31.0%)
Median Year Built
1947
Average age of housing stock: 79 years
Homeownership Rate
81.8%

Complete Housing Data

Home Values

Census Median Value$112,500
Zillow Home Value (ZHVI)$224,458

Rent

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-Occupied81.8%
Renter-Occupied18.2%
Homeownership Rate81.8%
Total Housing Units75
Median Year Built1947
Rent Burden22.8%