In Wayne, a typical home is worth $228,900 and typical rent is $792 a month. Compared with all of Wayne County, typical household income is 19% lower and the share of households that own their home is 19 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $169,989 to $242,407.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Wayne is in Wayne County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Wayne County. See the county
What this place has that others do not, from public data, most unusual first.
1
Wayne has the lowest homeownership rate of the 33 cities in Nebraska with more than 5,000 people: 42%.
2
Wayne has the lowest typical household income of the 34 cities in Nebraska with more than 5,000 people: $53,702.
3
Nearby, in Schuyler, the typical home value is $145,700: 36% less than in Wayne ($228,900).
4
According to Zillow, in the 12 months to September 2026 the typical home value in Wayne rose 6.7%; in Nebraska, it rose 3%.
5
Wayne has the 3rd lowest typical rent of the 34 cities in Nebraska with more than 5,000 people ($792).
Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data
The homes here
Housing in Wayne
What homes there are in Wayne, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Wayne
Wayne County
Nebraska
United States
Kind of home: Wayne and its comparisons
Measure
Wayne
Wayne County
Nebraska
United States
Detached house
61%
75%
71%
61%
Attached house
Unreliable estimate
Unreliable estimate
4%
6%
Building of 2 to 4
17%
10%
4%
8%
Apartments (5 or more)
Unreliable estimate
Unreliable estimate
17%
19%
Mobile home
Unreliable estimate
Unreliable estimate
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses are the majority in Wayne (61%), but less so than in Wayne County (75%).
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Wayne
Wayne County
Nebraska
United States
Year built: Wayne and its comparisons
Measure
Wayne
Wayne County
Nebraska
United States
Before 1960
33%
42%
32%
26%
1960–1979
25%
23%
25%
24%
1980–1999
17%
14%
20%
25%
2000–2009
13%
11%
12%
14%
2010 or later
Unreliable estimate
10%
11%
11%
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K33%
$200K–$300K30%
$300K–$500K26%
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Wayne and its comparisons
Measure
Wayne
Under $100K
Unreliable estimate
$100K–$200K
33%
$200K–$300K
30%
$300K–$500K
26%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable estimate
Monthly rent with utilities
Under the limitOver the limitUnreliable estimate
Under $50021%
$500–$99952%
$1,000–$1,499Unreliable
HUD fair market rent, 2 bedrooms: $1,014
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Wayne and its comparisons
Measure
Wayne
Under $500
21%
$500–$999
52%
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable
At least 73% of rented homes in Wayne cost less than $1,000, below HUD's 2-bedroom fair market rent ($1,014).
With a mortgage
$1,313 a month
Wayne County: $1,401 a month
Without a mortgage
$741 a month
Wayne County: $684 a month
Owners with a mortgage
49%
Wayne County: 47%
The typical cost for an owner with a mortgage in Wayne is $1,313 a month, less than in Wayne County ($1,401); without one, $741.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Wayne+72%
Wayne County+62%
Nebraska+53%
United States+53%
Typical rent
WayneNo clear change
Wayne County+22%
Nebraska+29%
United States+33%
Typical household income
Wayne+33%
Wayne County+17%
Nebraska+25%
United States+29%
Change since 2015–2019: Wayne and its comparisons
Measure
Wayne
Wayne County
Nebraska
United States
Typical home value
+72%
+62%
+53%
+53%
Typical rent
No clear change
+22%
+29%
+33%
Typical household income
+33%
+17%
+25%
+29%
From 2015–2019 to 2020–2024, the typical home value in Wayne rose 72%; in Wayne County, it rose 62%.
The typical rent in Wayne stayed about the same over that time: the difference is within the Census margin of error.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Wayne and its comparisons
Measure
Wayne
Wayne County
Nebraska
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
4.3%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.6%
0.9%
More than one person per room
Unreliable estimate
Unreliable estimate
2.1%
3.4%
People per household
2.18
2.26
2.42
2.53
Drive alone
70%
71%
76%
69%
Carpool
Unreliable estimate
5%
9%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
12%
10%
3%
3%
Work from home
15%
14%
11%
15%
Other means
Unreliable estimate
Unreliable estimate
1%
2%
Typical commute
under 10 minutes
Unreliable estimate
10 to 19 minutes
20 to 29 minutes
A household in Wayne has 2.18 people on average, about the same as in Wayne County (2.26).
The car rules in Wayne: 70% of workers drive to work alone, and the typical trip takes under 10 minutes.
Do the math
What would you pay each month for a home in Wayne?
A typical home costs more than the typical income allows
We start with a typical home in Wayne, worth $228,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 43% of the typical household income in Wayne, which is $53,702 a year. For that payment to be 28% of income, a household would need to earn about $82,999 a year.
The calculator's FHA and conventional loan limits are those of all of Wayne County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Wayne. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $8,012 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,937
at 7.18% · 30 years
Loan amount
$224,754
Total interest
$323,368
Paid off in
November 2056
Includes $3,866 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,253 a month
Tight
$1,253 to $1,611 a month
Hard
more than $1,611 a month
Your payment · 43%
Compared with the typical household income in Wayne ($53,702 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,523
Property tax
$217
Home insurance
$95
FHA mortgage insurance (MIP)
$101
You need at least $8,012 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,937; principal and interest $1,523.
The city and its county
Wayne and Wayne County
Wayne is in Wayne County, Nebraska. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Wayne
Map of Wayne County, Nebraska, with Wayne marked. Around it, the neighboring counties.
Wayne
Wayne County
Other cities with a page
Wayne's own numbers
Typical home value
$228,900
Typical monthly rent
$792
Typical yearly household income
$53,702
Households that own their home
42%
Effective property tax rate
1.14%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Wayne County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,014
Price change over 5 years (FHFA)
+47%
Homes in a high flood-risk zone
0.4%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Wayne County.
A typical home in Wayne is worth $228,900: 3% above the county and 4% below Nebraska. With the typical household income in Wayne ($53,702 a year), a typical home costs 4.3 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Wayne4.3 years
County3.3 years
Nebraska3.1 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Wayne County
According to FHFA’s house price index, home prices in Wayne County rose 78% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Wayne County.
Yearly change in FHFA’s price index in Wayne County, 2016 to 2025
2016: +5.1% +5.1% 2016
2017: +6.9% +6.9% 2017
2018: +3.8% +3.8% 2018
2019: +2.5% +2.5% 2019
2020: +1.1% +1.1% 2020
2021: +8.2% +8.2% 2021
2022: +27.5% +27.5% 2022
2023: +3.1% +3.1% 2023
2024: +11.6% +11.6% 2024
2025: −7.1% −7.1% 2025
Change in FHFA’s price index in Wayne County, Nebraska and the United States
Period
County
Nebraska
U.S.
Last year (2025)
−7.1%
+3.3%
+2.9%
5 years (2020–2025)
+47%
+49%
+47%
10 years (2015–2025)
+78%
+87%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Wayne next to Wayne County, Nebraska and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Wayne$228,900
County$221,600
Nebraska$238,600
United States$332,700
Typical monthly rent
Wayne$792
County$800
Nebraska$1,072
United States$1,413
Typical yearly household income
Wayne$53,702
County$66,215
Nebraska$76,475
United States$80,734
See the full table
Wayne next to Wayne County and Nebraska
Measure
Wayne
Wayne County
Nebraska
U.S.
Typical home value
$228,900 ▲3% above the county
$221,600
$238,600
$332,700
Typical monthly rent
$792
$800
$1,072
$1,413
Typical yearly household income
$53,702 ▼19% below the county
$66,215
$76,475
$80,734
Households that own their home
42% ▼19 points below the county
61%
67%
65%
Typical yearly property tax
$2,605 ▲5% above the county
$2,486
$3,549
$3,119
Effective property tax rate
1.14% ▲0.02 points above the county
1.12%
1.49%
0.94%
Renters with high rent for their income
51% ▲3 points above the county
48%
45%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Wayne County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Wayne
For a typical $228,900 home in Wayne, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Wayne's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,937a month
Least cash to close
Down payment
$8,012
Cash to close
$14,879
Rate
7.18%
Mortgage insurance
FHA MIP · $101
Conventional, 5% down$1,895a month
Down payment
$11,445
Cash to close
$18,312
Rate
7.18%
Mortgage insurance
PMI · $109
Conventional, 20% down, no PMI$1,553a month
Down payment
$45,780
Cash to close
$52,647
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,765a month
Down payment
$34,335
Cash to close
$41,202
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Wayne
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,937
$8,012
$224,754
7.18%
FHA MIP · $101
$14,879
580
Conventional, 5% down
$1,895
$11,445
$217,455
7.18%
PMI · $109
$18,312
620*
Conventional, 20% down, no PMI
$1,553
$45,780
$183,120
7.18%
None
$52,647
620*
ITIN, 15% down (example)
$1,765
$34,335
$194,565
8.18%
None
$41,202
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Wayne and for Wayne County.
Property tax
Effective rate in Wayne
1.14%of the home’s value each year
$2,605 a year for the typical owner in Wayne.
Wayne1.14%
County1.12%
Nebraska1.49%
What Nebraska publishesHomestead exemption for seniors, people with disabilities and veterans (Nebraska Department of Revenue, Property Assessment Division)
Typical rent in Wayne is $792 a month: about the same as the county. In Wayne, 51% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Wayne County, by unit size. To pay the 2-bedroom one ($1,014 a month) without spending more than 30% of your income, you would need to earn $19.50 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Wayne County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$734
$14.12
$29,360
1 bedroom
$775
$14.90
$31,000
2 bedrooms
$1,014
$19.50
$40,560
3 bedrooms
$1,376
$26.46
$55,040
4 bedrooms
$1,695
$32.60
$67,800
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Wayne
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Wayne is in ZIP code 68787.
For 2 bedrooms it is $1,010: $4 less than the fair market rent for Wayne County ($1,014).
Fair market rent by ZIP code and size in Wayne, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
68787
$740
$780
$1,010
$1,390
$1,700
ZIP code2 bd3 bd
68787 $1,010$1,390
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Wayne when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 6 buildings with rents for lower incomes in Wayne. These are the largest.
Villa Wayne409 Dearborn St, Wayne 6878738 homes, 35 low-income · Run by Wayne Housing Authority · Average payment: $406 a month · Average wait: 3 months(402) 375-2868
Southview Estates201 S Sherman St, Wayne 6878720 low-income homes · 3 bd: 20 · In service since 2018
Meadowview Estates1106 W Nathan Dr, Wayne 6878716 low-income homes · 2 bd: 8 · 3 bd: 8 · In service since 1999
Ridge Point Apts208 W 13th St, Wayne 6878716 low-income homes · 1 bd: 1 · 2 bd: 11 · 3 bd: 4 · In service since 1996
Wayne Crown II (a) & (b)Scattered, Wayne 6878715 homes, 12 low-income · 4 bd: 15 · In service since 2018
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Wayne County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Wayne or Wayne County. The ones below are statewide in Nebraska: they work in Wayne the same as in the rest of the state.
Nebraska state authority program for first-time buyers: a NIFA mortgage plus a second mortgage of up to 5% of the price at 1%, over 10 years, for the down payment and closing costs.Offered by Nebraska Investment Finance Authority (NIFA).
Nebraska state authority option that adds a second loan for the down payment and closing costs to the Welcome Home mortgage, for first-time buyers and for people who have owned a home before; the page does not state the amount.Offered by Nebraska Investment Finance Authority (NIFA).
No legal help resource on our list is for Wayne or Wayne County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Wayne and all of Wayne County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Wayne?
The typical home value in Wayne is $228,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Wayne County it is $221,600.
How much does it cost to rent in Wayne?
Typical rent in Wayne is $792 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Wayne County is $1,014.
What is the FHA loan limit in Wayne?
Wayne uses the FHA limit for all of Wayne County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Wayne?
The typical homeowner in Wayne pays $2,605 a year, according to the U.S. Census Bureau. That is 1.14% of the home’s value; in Wayne County, the rate is 1.12%.
Where can I find free help to buy or rent in Wayne?
We found no HUD-approved counseling agencies with an office in Wayne County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
