Real Estate Investing in Arlington, Nebraska (68002)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68002 (Arlington, NE)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 30.7 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Arlington, NE (68002)?
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Market Analysis: 68002 Arlington
Investors eyeing 68002 need to respect the fundamentals at play. Home values of $374K come alongside slower price movement and elevated management overhead.
The 68002 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Looking more closely, 68002 offers a low basis, the region around Arlington has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Demographically, 68002 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategically, 68002 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Arlington:
Property Strategy for 68002
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $251,145 | $1,130 | 3.2% | +7.7% | $125,573 |
| 3BR | $333,384 | $1,500 | 3.2% | +7.0% | $111,128 |
| 4BR | $419,991 | $1,690 | 2.9% | +7.3% | $104,998 |
Market Trends
Home Value History (with trend line)
📊 How Does 68002 Compare?
| Metric | 68002 | Arlington | Nebraska |
|---|---|---|---|
| Home Value | $374,428 | $374,428 | $269,423 |
| 5-Year CAGR | 5.3% | 5.3% | 6.7% |
| Avg Rent | $1,017 | $1,017 | - |
| Cap Rate | 2.1% | 2.1% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 68002 (Arlington, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $374,428 |
| Monthly Rent | $1,017 |
| Price-to-Rent | 30.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.1% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | +3.6% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 68002
Population: 2,432
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 68002
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the median home value in Arlington, NE?
Arlington, NE home values average about $374K. That price point suits investors targeting rentals with $1,017/mo in monthly income.
What kind of market is Arlington, NE for investors?
Arlington, NE scores 3.0/5 for investability. Home values sit at $374K and rents near $1,017/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What kind of tenants rent in Arlington, NE?
The renter base in Arlington, NE is reasonable for the $1,017/mo price point. Screening well and pricing to market typically yields consistent tenants.
What real estate strategy is ideal for Arlington, NE?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Arlington, NE. The numbers - $374K homes against $1,017/mo rents - support that play.
How do landlord-tenant laws work in Arlington, NE?
The landlord environment in Arlington, NE is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
You know 68002 now. You don’t know where it ranks.
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