City Report · NE

Kearney

Pop. 34,246·2nd most expensive in Nebraska·Kearney rents are up 5.5% over the past year
Median rent (all units)
$1,686/mo
Year-over-Year
+5.5%
Month-over-Month
+0.7%
vs US Median
-$246
Reported rents
Rising (Monthly)
Be the first to discuss Kearney rents ↓
Most AffordableMost Expensive
Kearney · $1,686
More affordable than 62% of US cities · National median $1,932/mo
Affordability
29% of income
AFFORDABLE
0%30% benchmark60%+

At $1,686/mo, rent takes about 29% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$67,000/yr
Local median income
$69,724/yr
Based on the 30%-of-income rule using Kearney's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$655
1 BR
$785
2 BR
$950
3 BR
$1,265
4 BR+
$1,595
Fair Market Rent (HUD)
$950/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,686 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Nebraska

Rent in Kearney changed +5.5% over the year to September 2026. Across the 11 Nebraska cities Zillow tracks, the typical change was +2.2%.

Recent direction

Rent rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($69,724) is $1,743 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,595).

From Zillow's monthly rent index (ZORI) for Kearney. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$20,232/yr
At $1,686/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.5% YoY, +0.7% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Kearney, NE is majority owner-occupied, skews toward younger working-age adults, 36.5% of residents hold a bachelor's degree or higher.

Population
34,246
Median income
$69,724
Median age
32.8
Renters
39.4%
Age distribution
20.8%
31.9%
21.5%
16.2%
Under 1820.8%
18–3431.9%
35–5421.5%
55–649.6%
65+16.2%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
84.4%
White84.4%
Black1.3%
Hispanic11.4%
Asian2.4%
Other0.6%
Education (25+)
24.7%
32.8%
36.5%
No HS diploma6%
HS diploma24.7%
Some college32.8%
Bachelor's+36.5%
Housing tenure
60.6%
39.4%
Owner60.6%
Renter39.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Kearney, NE has changed in 5 years

Income
$62,695 → $69,724
up 11.2%
Population
33,558 → 34,246
up 2.1%
Renter share
39.7% → 39.4%
-0.3 pts
Bachelor's+
37.9% → 36.5%
-1.4 pts
Median age
32.1 → 32.8
+0.7 yrs

Household income in the area moved from $62,695 to $69,724 across the same window, up 11.2% versus 2021. The population has grown by 2.1% since 2021, moving from about 33,558 residents to roughly 34,246.

Community

Discussions about Kearney

No discussions yet. Start the conversation.

View Kearney rent history (2015–2026) →
Salary vs rent

Can you afford rent in Kearney on your salary?

At $1,686/mo, how Kearney rent compares to typical pay (30% rule).

By apartment size

Kearney rent by bedroom count

Median rent for each apartment size in Kearney. Click any size for full breakdown.

Local insights

Tips for renters in Kearney

About renting in Kearney, NE

Last updated: October 17, 2026

The median rent in Kearney is $1,686/mo as of October 2026. A studio apartment averages $655/mo while a 2-bedroom runs $950/mo. One-bedroom apartments average $785/mo and 3-bedroom units go for $1,265/mo.

At 29% of local median household income ($69,724/yr), Kearney ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Kearney?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (about $32/hour full-time) to afford the median rent of $1,686/mo in Kearney. The local median household income is $69,724/yr, so the typical household meets that bar.

Is rent going up or down in Kearney?

Rent in Kearney has risen 5.5% over the past year.

Which Kearney neighborhoods have the lowest rent?

The most affordable ZIP codes in Kearney are 68847 ($1,600/mo), and 68845 ($1,638/mo). Citywide, the median rent is $1,686/mo.

How does Kearney rent compare to other cities in Nebraska?

Kearney is one of the pricier among Nebraska cities for rent, ranking #2 of 14 tracked cities at $1,686/mo. Over the year to September 2026, rent in Kearney changed +5.5%, against a typical +2.2% across the 11 Nebraska cities Zillow tracks.

Which nearby cities are cheaper to rent in than Kearney?

Nearby cities with lower median rent than Kearney ($1,686/mo) include Lexington ($1,316/mo), and Grand Island ($1,342/mo).
Income Affordability
29%
AFFORDABLE

At $1,686/mo, rent takes ~29% of Kearney's median household income ($69,724/yr). The standard benchmark is 30%.

Kearney 29%Benchmark 30%
State income tax2.46–5.84%
Run the Kearney affordability calculator →
Lowest-rent ZIP codes in Kearney
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Kearney, NE

Recent submissions

Be the first to submit your rent for Kearney.

Recent discussions

No discussions yet.