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Cost of Living in Fremont, NE

Population 27,567 · Census ACS 2020–2024 5-year estimates

Median rent$1,080
Median home value$214,700
Median household income$71,152

The median rent in Fremont, NE is $1,080/month, about the same as the Nebraska median and 24% lower than the U.S. median. The median home value is $214,700, 35% lower than the national median. Households earn a median of $71,152 a year, 7% lower than the state median.

Affordability

Rent as a share of median income: 18.2%
Income needed for median rent (30% rule): $43,200/yr
Home price-to-income ratio: 3.0×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,086/mo

Run your own numbers: mortgage calculator · hourly to salary

Fremont vs. Nebraska vs. U.S.

FremontNebraskaU.S.
Median rent$1,080$1,072$1,413
Median home value$214,700$238,600$332,700
Median household income$71,152$76,475$80,734
Homeownership rate62.0%66.5%65.2%
Bachelor's degree or higher21.9%34.6%35.7%
Poverty rate11.6%10.6%12.5%
Unemployment rate4.2%3.0%5.2%
Work from home4.2%11.0%15.1%
Median age37.537.238.9

FAQ

What is the average rent in Fremont, NE?

The median gross rent in Fremont, NE is $1,080 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Fremont, NE?

Using the common 30% rule, renting a median-priced home takes about $43,200 a year in gross income.

Is Fremont, NE expensive to live in?

Rent there is 24% lower than the U.S. median, and the median home costs about 3.0 times the median household income.

Other cities in Nebraska

Omaha, NERent $1,187 · Income $73,201Lincoln, NERent $1,086 · Income $71,867Bellevue, NERent $1,226 · Income $85,462Grand Island, NERent $947 · Income $63,795Kearney, NERent $949 · Income $69,724Norfolk, NERent $875 · Income $58,884

Cities with a similar cost of living

Mandan, NDRent $1,083 · Income $71,780Kernersville, NCRent $1,082 · Income $71,918Helena, MTRent $1,092 · Income $71,036Springdale, ARRent $1,071 · Income $69,787Rapid City, SDRent $1,109 · Income $70,870Benton, ARRent $1,072 · Income $72,876

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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