Real Estate Investing in Palmyra, Nebraska

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

1 ZIP codes • Population: 1,201 • Otoe County

☆ Watch this market Free account

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

🏠 For Homebuyers
GOOD FIT
Grade B (76/100)

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 Palmyra, NE?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

7.6% 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 $349,757
Avg Monthly Rent $1,242
ZIP Codes 1

Investing in Palmyra Real Estate

Palmyra in Nebraska is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

Palmyra is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. decisively out-of-state investors should be especially careful with the assumptions they carry in.

Rents in Palmyra at $1,242/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

Palmyra's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

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

Do you own or manage rentals in Palmyra, NE?

~25 seconds · no account needed · your report is anonymous

Avg Home Value
$349,757
Avg Monthly Rent
$1,242
1% Rule
✗ Below
Landlord Friendly (NE)

ZIP Codes in Palmyra, NE

Screen every ZIP in Palmyra

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

View Plans

Frequently Asked Questions About Palmyra, NE

What is the median home value in Palmyra, NE?

Palmyra, NE median home values land near $350K. That is reasonable territory for investors looking at $1,242/mo-per-month rentals.

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

Landlord-friendliness in Palmyra, NE is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

Is Palmyra, NE a smart market for rental property?

Palmyra, NE clocks in at an investability rating of 3.0/5, with median home values near $350K and average rents around $1,242/mo. That combination puts it in the healthy tier for investor interest.

Does a duplex house hack pencil in Palmyra, NE?

House hacking works a challenging in Palmyra, NE. Rents of $1,242/mo against $350K acquisition make the strategy solid for owner-occupants.

Is it easy to find good tenants in Palmyra, NE?

Palmyra, NE offers a even-keeled renter base at the $1,242/mo rent level. Tenant turnover is reasonable for well-managed properties.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Palmyra, NE.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.