Boyd County, Nebraska Housing Market Prices
Boyd County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 97% below the Nebraska median Cheapest county in Nebraska$5,000
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Median rent 34% below the Nebraska median Cheaper than 70% of counties in Nebraska$712
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Boyd County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $5,000 | $175,282 | $248,835 |
| Price Trend (Annual %) | 49.1% | 7.7% | 7.5% |
| Median Gross Rent | $712 | $1,071 | $1,407 |
| Rent Trend (Annual %) | 6.0% | 4.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Boyd County is about 97% lower than in Nebraska. Rent is about 34% lower than the Nebraska average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Boyd County, up about 49.1% and 6.0% a year respectively. Home prices are changing faster.
Median rent in Boyd County rose about 52.9% between 2015 and 2024, from $466 to $712. Over the same span, rent in Nebraska rose about 47.6%.
Affordability
On average, housing unit costs 0.1 yearly household incomes in Boyd County.
Buying the median-priced home in Boyd County costs roughly 0.6 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Boyd County. The price-to-rent ratio in Nebraska is about 13.6.
| Metric | Boyd County | Nebraska Avg | US Average |
|---|---|---|---|
| Median Home Price | $5,000 | $175,282 | $248,835 |
| Median Household Income | $69,038 | $76,615 | $80,455 |
| Price-to-Income Ratio | 0.1 | 2.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Boyd County fell about 43.6%, while median household income rose about 87.5% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Boyd County | Nebraska Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 53.0% | 61.5% | 58.5% |
| Rental Rate | 8.9% | 30.9% | 31.2% |
| Vacancy Rate | 38.2% | 7.6% | 10.2% |
| Median Tenure (years) | 24.0 | 14.0 | 15.0 |
| Median Year Moved In | 2002 | 2012 | 2011 |
Boyd County has a homeownership rate of 53.0%, lower than the Nebraska average of 61.5%. Its housing vacancy rate is 38.2%, compared with 7.6% in Nebraska.
Housing Stock
| Metric | Boyd County | Nebraska Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.23 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1957 | 1974 | 1978 |
| Median Number of Rooms | 6.6 | 6.1 | 5.5 |
The typical housing unit in Boyd County was built around 1957. On average, 2.2 people live in a home with about 6.6 rooms, staying for about 24.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Boyd County, Nebraska.
What is the median home price in Boyd County, Nebraska?
The median home price in Boyd County, Nebraska is $5,000, lower than the Nebraska average of $175,282.
What is the average home price in Boyd County, Nebraska?
The typical home price in Boyd County, Nebraska, reported as the median sale price, is $5,000. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Boyd County, Nebraska?
The median gross rent in Boyd County, Nebraska is $712 per month, lower than the Nebraska average of $1,071.
What was the median gross rent in Boyd County in 2020?
In 2020, the median gross rent in Boyd County, Nebraska was $494 per month.
What is the price-to-rent ratio in Boyd County, Nebraska?
The price-to-rent ratio in Boyd County, Nebraska is about 0.6, meaning it would take roughly 0.6 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Boyd County.
Are home prices or rent rising faster in Boyd County, Nebraska?
Both home prices and rent are rising in Boyd County, up about 49.1% and 6.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Boyd County, Nebraska?
53.0% of households in Boyd County, Nebraska own their home, lower than the Nebraska average of 61.5%.
What is the vacancy rate in Boyd County, Nebraska?
The housing vacancy rate in Boyd County, Nebraska is 38.2%, higher than the Nebraska average of 7.6%.
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