Real Estate Investing in Friend, Nebraska

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1 ZIP codes • Population: 1,512 • Saline County

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

🏠 For Homebuyers
GOOD FIT
Grade B (84/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 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
CLEAN

No major risk flags on the data we track.

What’s happening in Friend, NE?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

7.5% 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 $230,096
Avg Monthly Rent $936
ZIP Codes 1

Investing in Friend Real Estate

Friend (Nebraska) spans 1 ZIPs and roughly a sizable population. decisively the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Friend is in that category.

decisively Friend's sale market has not rewarded patience. a challenging fit for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

The 0% renter share in Friend masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

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 Lincoln, NE

Friend 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 Friend, NE. Anonymous, moderated, never written by AI.

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Avg Home Value
$230,096
Avg Monthly Rent
$936
1% Rule
✗ Below
Landlord Friendly (NE)

📉 Market Crash Risk Index

Based on Lincoln, NE metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
45%
Days Pending
0/2
31 days

View all metro crash risk rankings →

⚖️ Balanced Market — Lincoln, NE metro
31
Days to pending
12.0%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Friend, NE

Screen every ZIP in Friend

Filter Friend’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 Friend, NE

How much rent can I charge in Friend, NE?

Friend, NE rentals go for roughly $936/mo a month. That puts gross yield in solid territory relative to $230K acquisition costs.

How expensive is real estate in Friend, NE?

The median home value in Friend, NE is roughly $230K. That puts it reasonable relative to the NE statewide average.

Is Friend, NE a good market for buy-and-hold investors?

Our data puts Friend, NE at 3.0/5 for investability. Home prices of $230K and rents around $936/mo create a solid backdrop for investor activity.

Are landlord laws favorable in Friend, NE?

Friend, NE operates under NE law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.

Do landlords face vacancy issues in Friend, NE?

Expect elevated vacancy in Friend, NE. Rents at $936/mo are absorbed by the tenant base without meaningful lag.

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