Housing in Merrick County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Merrick County averages $750/month for a 2‑bedroom in 2024, compared to the Nebraska median of $1,072 and the national median of $1,413. Local renters spend approximately 17% of household income on rent, below the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Merrick County FMR Area are $689 for a studio, $732 for 1‑bedroom, $961 for 2‑bedroom, $1,323 for 3‑bedroom, and $1,612 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $211 increase for a 2-bedroom in Merrick County shows a 28% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Merrick County was 2.3% in 2024, compared to Nebraska at 2.8% and the national rate of 4.0%.

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Towns near Palmer

City
County
State
Miles
Hall
NE
0.0
Hall
NE
7.5
Merrick
NE
7.6
Hall
NE
10.7
Howard
NE
11.4
Hall
NE
15.4
Hall
NE
15.9
Howard
NE
17.6
Merrick
NE
18.5
Merrick
NE
21.2
Howard
NE
21.6
Howard
NE
22.3
Merrick
NE
22.4
Howard
NE
26.1
Howard
NE
28.0
Merrick
NE
33.6
Nance
NE
35.3
Nance
NE
39.5
Merrick
NE
44.5
Nance
NE
47.1

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