Real Estate Investing in Alliance, Nebraska

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 9,525 • Box Butte County

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Should you buy in Alliance, NE? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (68/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 12.7% of homes vacant — above national norms.

What’s happening in Alliance, NE?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.3% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $178,846
Avg Monthly Rent $864
ZIP Codes 1

Investing in Alliance Real Estate

With a sizable population across 1 ZIPs, Alliance shows the kind of thin fundamentals that keep most out-of-state capital on the sidelines.

Investors considering Alliance, NE should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

Rent trends and price trends in Alliance are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Nebraska.

A an established population with $N/AK household income profile is what makes Alliance a challenging rental market — the tenant base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Scottsbluff, NE

Alliance is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Alliance, NE. Anonymous, moderated, never written by AI.

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Avg Home Value
$178,846
Avg Monthly Rent
$864
1% Rule
✗ Below
Landlord Friendly (NE)

📉 Market Crash Risk Index

Based on Scottsbluff, NE metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
69%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Scottsbluff, NE metro
0
Days to pending
7.5%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Alliance, NE

Screen every ZIP in Alliance

Filter Alliance’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Alliance, NE

Which real estate strategy fits Alliance, NE?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Alliance, NE. The numbers - $179K homes against $864/mo rents - support that play.

How much rent can I charge in Alliance, NE?

Rents in Alliance, NE run near $864/mo. Compared with median home prices of $179K that produces solid gross yields for typical rentals.

What are vacancy rates like in Alliance, NE?

Vacancy in Alliance, NE is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $864/mo.

How do landlord-tenant laws work in Alliance, NE?

NE law landlord-friendly for landlords, and Alliance inherits those rules. Investors should still review local ordinances for rental licensing.

What is the typical renter like in Alliance, NE?

Tenant quality in Alliance, NE ranks as solid. Landlords generally report stable occupancy at market rents of $864/mo.

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