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Housing in Algernon

A typical Algernon home is worth roughly $222,000

Typical home value
$222K
NE $281K
Estimate
2-bedroom rent
$1,000
a month, utilities in · HUD
Median tax bill
$1,397
NE $3,549

What kind of housing town is Algernon?

Read from the numbers below. The page puts what stands out first.

★ What stands out · The homes

76% of Algernon households own their home

Half of Algernon’s homes were built before 1938.

Owners and renters
Own 76%Rent 24%

Nebraska: 67% own.

1938
typical home built · NE 1975
$1,397
median property tax bill · NE $3,549

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Affordability

What it takes to buy in Algernon

Try your own numbers below.

You could afford about
$274,000
Typical Algernon home $222K

That covers a typical Algernon home, with $51K to spare.

The typical home, each month
$1,440
Loan $1,100Tax $280Insurance $60

A two-bedroom rents for about $1,000 a month here, $440 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Nebraska typical property tax (1.49% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,000

Renters already here pay a median of $833, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$700
1 bedroom$760
2 bedrooms$1,000
3 bedrooms$1,400
4 bedrooms$1,540
24%
of households rent · NE 34%
26
renter households
$833
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Buffalo County, NE): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Algernon vs. its neighbors

The towns that share a border with Algernon. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Algernon$222K*—$1,000$93,000
Ansley$107K+21.1%$1,290$64,375

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Algernon buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Algernon still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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