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Central City, NE Home Values and Rents
The typical home value in Central City is $206,856, 67th highest of 118 cities and towns in Nebraska. Median rent is $677 a month.
- Typical home value
- $206,856
- 67th of 118 in NE
- Median rent
- $677/mo
- ACS 2020-2024
- Price change, 1 year
- +2.9%
- Sep 2026
- Homeownership
- 73.9%
- NE: 66.5%
Typical home value in Central City
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Central City |
|---|---|
| Sep 2026 | $206,856 |
| Dec 2025 | $202,605 |
| Dec 2024 | $191,850 |
| Dec 2023 | $181,831 |
| Dec 2022 | $173,839 |
| Dec 2021 | $161,467 |
| Dec 2020 | $144,303 |
| Dec 2019 | $131,426 |
| Dec 2018 | $124,713 |
| Dec 2017 | $114,978 |
| Dec 2016 | $110,876 |
| Dec 2015 | $106,201 |
| Dec 2014 | $99,082 |
| Dec 2013 | $95,884 |
| Dec 2012 | $91,121 |
Over five years, Central City prices changed +29.6%.
Source: Zillow Research · Last updated 09/01/2026
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Fair Market Rents, FY2027
HUD rent standard for Merrick County, NE HUD Metro FMR Area
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $754 | +9.4% |
| 1 bedroom | $775 | +5.9% |
| 2 bedrooms | $1,014 | +5.5% |
| 3 bedrooms | $1,404 | +6.1% |
| 4 bedrooms | $1,655 | +2.7% |
Frequently asked questions
- What is the typical home value in Central City, NE?
- The typical home value in Central City is $206,856 (Zillow Home Value Index, Sep 2026). The Nebraska median is $238,600.
- How much is rent in Central City?
- The median rent in Central City is $677 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,014.
- Are home prices going up in Central City?
- The typical home value in Central City changed +2.9% over one year and +29.6% over five years, as of Sep 2026.
- How does Central City compare with the rest of Nebraska?
- Central City has the 67th highest median home value of 118 cities and towns with 1,000+ residents in Nebraska.