Grand Island, NE Metro Area - Investment Guide
Metro Area • 16 Cities • 17 ZIP Codes
Avg Home Value
$270,105
Avg Monthly Rent
$1,057
Avg Cap Rate
3.16%
Avg Investability
3.0 ★
Cities
16
ZIP Codes
17
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
☀️
WARM MARKET
Grand Island, NE Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
7.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Grand Island, NE
Every ZIP in the metro, ranked four ways. Free.
Cities in Grand Island, NE
Alda
Nebraska
1 ZIPs
Archer
Nebraska
1 ZIPs
Ashton
Nebraska
1 ZIPs
Cairo
Nebraska
1 ZIPs
Central City
Nebraska
1 ZIPs
Chapman
Nebraska
1 ZIPs
Clarks
Nebraska
1 ZIPs
Dannebrog
Nebraska
1 ZIPs
Doniphan
Nebraska
1 ZIPs
Farwell
Nebraska
1 ZIPs
Grand Island
Nebraska
2 ZIPs
Palmer
Nebraska
1 ZIPs
Saint Libory
Nebraska
1 ZIPs
Silver Creek
Nebraska
1 ZIPs
Wolbach
Nebraska
1 ZIPs
Wood River
Nebraska
1 ZIPs
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 68831 | Dannebrog | NE | $299,401 | $1,062 | 2.77% | |
| 68663 | Silver Creek | NE | $208,302 | $954 | 3.57% | |
| 68882 | Wolbach | NE | $182,663 | $918 | 3.92% | |
| 68816 | Archer | NE | $311,834 | $1,017 | 2.54% | |
| 68832 | Doniphan | NE | $353,162 | $1,188 | 2.62% | |
| 68801 | Grand Island | NE | $220,892 | $1,214 | 4.29% | |
| 68883 | Wood River | NE | $254,611 | $1,089 | 3.34% | |
| 68817 | Ashton | NE | $159,815 | $864 | 4.22% | |
| 68824 | Cairo | NE | $293,883 | $972 | 2.58% | |
| 68838 | Farwell | NE | $231,978 | $918 | 3.09% | |
| 68803 | Grand Island | NE | $280,465 | $1,363 | 3.79% | |
| 68810 | Alda | NE | $241,208 | $1,080 | 3.49% | |
| 68826 | Central City | NE | $206,673 | $864 | 3.26% | |
| 68864 | Palmer | NE | $279,179 | $1,107 | 3.09% | |
| 68628 | Clarks | NE | $314,638 | $1,044 | 2.59% | |
| 68872 | Saint Libory | NE | $350,984 | $1,143 | 2.54% | |
| 68816 | Archer | NE | $311,834 | $1,017 | 2.54% | |
| 68827 | Chapman | NE | $316,415 | $1,161 | 2.86% | |
| 68831 | Dannebrog | NE | $317,616 | $1,062 | 2.61% | |
| 68663 | Silver Creek | NE | $201,062 | $954 | 3.70% | |
| 68882 | Wolbach | NE | $188,408 | $918 | 3.80% | |
| 68817 | Ashton | NE | $148,877 | $864 | 4.53% | |
| 68824 | Cairo | NE | $279,925 | $972 | 2.71% | |
| 68832 | Doniphan | NE | $360,804 | $1,188 | 2.57% | |
| 68801 | Grand Island | NE | $227,986 | $1,365 | 4.67% | |
| 68883 | Wood River | NE | $259,937 | $1,089 | 3.27% | |
| 68803 | Grand Island | NE | $289,120 | $1,290 | 3.48% | |
| 68826 | Central City | NE | $196,634 | $864 | 3.43% | |
| 68838 | Farwell | NE | $241,548 | $918 | 2.96% | |
| 68628 | Clarks | NE | $295,558 | $1,044 | 2.76% | |
| 68864 | Palmer | NE | $286,049 | $1,107 | 3.02% | |
| 68810 | Alda | NE | $249,496 | $1,080 | 3.38% | |
| 68827 | Chapman | NE | $302,118 | $1,161 | 3.00% | |
| 68663 | Silver Creek | NE | $209,207 | $954 | 3.56% | |
| 68872 | Saint Libory | NE | $366,934 | $1,143 | 2.43% | |
| 68816 | Archer | NE | $311,834 | $1,017 | 2.54% | |
| 68831 | Dannebrog | NE | $284,522 | $1,062 | 2.91% | |
| 68832 | Doniphan | NE | $344,254 | $1,188 | 2.69% | |
| 68801 | Grand Island | NE | $223,287 | $1,312 | 4.58% | |
| 68882 | Wolbach | NE | $195,763 | $918 | 3.66% | |
| 68817 | Ashton | NE | $166,627 | $864 | 4.04% | |
| 68824 | Cairo | NE | $295,188 | $972 | 2.57% | |
| 68838 | Farwell | NE | $244,616 | $918 | 2.93% | |
| 68803 | Grand Island | NE | $283,704 | $1,296 | 3.56% | |
| 68883 | Wood River | NE | $267,695 | $1,089 | 3.17% | |
| 68810 | Alda | NE | $245,892 | $1,080 | 3.43% | |
| 68826 | Central City | NE | $210,230 | $864 | 3.21% | |
| 68864 | Palmer | NE | $295,117 | $1,107 | 2.93% | |
| 68628 | Clarks | NE | $309,876 | $1,044 | 2.63% | |
| 68872 | Saint Libory | NE | $342,306 | $1,143 | 2.60% |
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About Grand Island, NE Real Estate Market
The Grand Island, NE metropolitan statistical area (MSA) encompasses 16 cities and 17 ZIP codes. The average home value across the metro is $270,105, with an average monthly rent of $1,057. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.