Most Affordable ZIP Codes in Grand Island, NE (2026)

The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.

# ZIP City Home value Rent Cap rate 5-yr growth
1 68817 Ashton, NE $159,815 $864 4.22% 1.9%
2 68663 Silver Creek, NE $190,562 $954 3.90% 3.7%
3 68882 Wolbach, NE $195,763 $918 3.66% 3.0%
4 68826 Central City, NE $206,673 $864 3.26% 5.9%
5 68801 Grand Island, NE $226,526 $1,289 4.44% 5.3%
6 68838 Farwell, NE $241,548 $918 2.96% 2.9%
7 68810 Alda, NE $250,233 $1,080 3.37% 5.9%
8 68883 Wood River, NE $267,695 $1,089 3.17% 5.0%
9 68864 Palmer, NE $286,049 $1,107 3.02% 6.7%
10 68803 Grand Island, NE $289,629 $1,306 3.52% 5.5%
11 68824 Cairo, NE $293,883 $972 2.58% 5.7%
12 68628 Clarks, NE $309,799 $1,044 2.63% 8.2%
13 68816 Archer, NE $311,834 $1,017 2.54% 5.6%
14 68827 Chapman, NE $316,415 $1,161 2.86% 8.1%
15 68831 Dannebrog, NE $317,616 $1,062 2.61% 6.4%
16 68832 Doniphan, NE $360,804 $1,188 2.57% 5.6%
17 68872 Saint Libory, NE $366,934 $1,143 2.43% 6.8%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →

Same metro, different strategy

Cash Flow in Grand Island, NE  ·  Appreciation in Grand Island, NE

Or see the full Grand Island, NE metro profile.