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Ravenna, NE
Full City Profile · Nebraska · Sherman County County
3.4
/5.0
B
Good
1,352
Population
867/sq mi density
$64,844
Median Income
$35,578 per capita
$129,600
Home Value
$205,906 Zillow
$917
Median Rent
18.5% income on rent
50°F
Avg Temperature
308 sunny days/yr
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$64,844 median income, 1.4% unemployment
A+
Affordability
5.0 / 5.0
$129,600 home value, $917/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.1 / 5.0
13.9% bachelor's degree or higher
Housing Overview
Median Home Value
$129,600
54% below
US avg: $281,900
Median Rent
$917/mo
21% below
US avg: $1,163/mo
Homeownership Rate
66.9%
2% above US avg (65.4%)
Total Housing Units
657
Median year built: 1953
Home Value by Source
Census Median
$129,600
Zillow (ZHVI)
$205,906
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
66.9%
Owner-Occupied
33.1%
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:
$917/mo
Affordability & Housing Stock
Rent Burden
18.5%
of renters spending 30%+ of income on housing
40% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
66.9%
Complete Housing Data
Home Values
| Census Median Value | $129,600 |
| Zillow Home Value (ZHVI) | $205,906 |
Rent
| Census Median Rent | $917 |
| 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 | 66.9% |
| Renter-Occupied | 33.1% |
| Homeownership Rate | 66.9% |
| Total Housing Units | 657 |
| Median Year Built | 1953 |
| Rent Burden | 18.5% |