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Monroe village, NE

ZIP 68647 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 68647

Median Home Value
$205,800
Median Rent
$704
Affordability Snapshot
$57,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,322/mo PITI).

8%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.1x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

24.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 68647 in Monroe village, NE, a household would need roughly $57,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,322. That sits below the local median household income ($100,142), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
92.3%+41% vs US avg
x
Vacancy Rate
12.8%+24% vs US avg
x
Broadband Access
91.9%+6% vs US avg
x
4+ Bedrooms
0.3%-98% vs US avg
x
Built Pre-1939
3.4%-74% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
15.0%-70% vs US avg
x
Mortgage-Free
71.1%+86% vs US avg
x
$205,800
Home Value
$704
Rent
1950
Year Built
1994
Moved In

Residents have lived here since ~1994 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached94.9%
  • 1-unit attached0.7%
  • 2-9 units1.7%
  • 10+ units0.0%
  • Mobile home & other2.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$205,800
Median rent$704
Owner-occupied92.3%
Vacant12.8%
Price-to-income2.1x
Est. income to buy$57,000