Real Estate Investing in Gretna, Nebraska (68028)

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

Sarpy County • Population: 17,248 • Data updated: September 2026

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Should you buy in 68028 (Gretna, NE)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (69/100)

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
CLEAN

No major risk flags on the data we track.

What’s happening in Gretna, NE (68028)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $441,296
Avg Monthly Rent $1,786
1% Rule ✗ Does Not Meet
Median Income $139,955
% Renters 16.8%

Market Analysis: 68028 Gretna

ZIP 68028 in Gretna, NE carries a durable set of headwinds. Home values near $441K and rents of $1,786/mo sit inside a market where underwriting has to be tight.

Distressed markets are won on execution, not on spreadsheets. ZIP 68028 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

Statewide comparisons place 68028 among NE's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

A healthy renter share of 17% in 68028 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

Distressed ZIPs reward experience. notable returns are possible in 68028, but they flow to investors who already understand how to operate in soft markets.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Gretna:

B Good
Buy Confidence Score: 72/100
Affordability
20/25
Appreciation
18/25
Stability
11/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.2× the median income
Value Trend
Rising (+3.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,786/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 68028

Which property type performs best in this market?

Best for Cash Flow
3BR
4.4% cap rate
Best for Appreciation
3BR
+5.8% 5yr CAGR
Best Overall Value
5BR
$111,359/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $397,358 $1,720 3.1% +5.4% $198,679
3BR $373,052 $2,280 4.4% +5.8% $124,351
4BR $448,982 $2,570 4.1% +5.6% $112,245
5BR $556,796 +5.5% $111,359

Market Trends

Home Value History (with trend line)

$460K$408K$357K$305K$253K$201KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,850$1,786$1,722$1,659$1,595$1,531Feb 2025Nov 2025Jul 2026

📊 How Does 68028 Compare?

Metric 68028 Gretna Nebraska
Home Value $441,296 $441,296 $269,423
5-Year CAGR 3.8% 3.8% 6.7%
Avg Rent $1,786 $1,786 -
Cap Rate 3.2% 3.2% -
💡 Why Invest in 68028? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 68028 (Gretna, NE). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 68028 (Gretna, NE)?

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Investability
Good
Cap Rate
3.2%
Low
5yr Growth
+3.8%
Moderate

📊 Market Snapshot

Home Value $441,296
Monthly Rent $1,786
Price-to-Rent 20.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.9%
Cap Rate 3.2%
5-Year IRR 7.0%

📈 Home Appreciation

1-Year +3.1% ▲
3-Year CAGR +1.5% ▲
5-Year CAGR +3.8% ▲
10-Year CAGR +5.1% ▲

🏠 Rent Trends

1-Year +4.8% ▲
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). 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.

Vacancy
2.0%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+3.8%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 68028

Population: 17,248

💰 Median Household Income
$139,955
This area
$139,955
State
$70,851
USA
$74,580
🏠 Renter Occupied
16.8%
This area
16.8%
State
22.7%
USA
34.0%
💼 Unemployment Rate
1.3%
This area
1.3%
State
-5.2%
USA
3.7%
🎓 College Educated
55.7%
This area
55.7%
State
15.7%
USA
33.7%
👤 Median Age
34.1 years
This area
34.1 years
State
33.1 years
USA
38.9 years
🏚️ Vacancy Rate
2.0%
This area
2.0%
State
15.6%
USA
10.5%
👥 Population by Ethnicity
White 94.6%
Other/Mixed 4.3%
Hispanic/Latino 3.2%
Asian 0.9%
Black/African American 0.1%
👶 Under 18
33.9%
This area
33.9%
USA
22.0%
👴 65 and Over
8.0%
This area
8.0%
USA
17.3%
📊 Poverty Rate
1.9%
This area
1.9%
USA
11.5%

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 68028

A Avg School Grade
6 Schools
15.3:1 Avg Class Size
$25,520 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

GRETNA ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
👥
430 Students
👨‍🏫
14.3:1 Class Size
💰
$27,971 Per Student
A+ Excellent

SQUIRE JOHN THOMAS ELEMENTARY

📚 Pre-K – 05 Elementary
👥
393 Students
👨‍🏫
13.5:1 Class Size
💰
$27,971 Per Student
A Very Good

GRETNA MIDDLE SCHOOL

📚 06 – 08 Middle
👥
769 Students
👨‍🏫
15.1:1 Class Size
💰
$27,971 Per Student
A Very Good

HARVEST HILLS ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
👥
455 Students
👨‍🏫
15.2:1 Class Size
💰
$27,971 Per Student
A Very Good

GRETNA HIGH SCHOOL

📚 09 – 12 High School
👥
1,124 Students
👨‍🏫
16.1:1 Class Size
💰
$27,971 Per Student
B Good

REEDER ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
👥
533 Students
👨‍🏫
17.5:1 Class Size
💰
$13,267 Per Student
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

2 Nearby
C+
Capitol Beauty School
167 students · 11.8 mi
C
Stephanie Moss Academy
220 students · 13.1 mi

Frequently Asked Questions

What is the tenant pool like in Gretna, NE?

Tenant quality in Gretna, NE ranks as solid. Landlords generally report stable occupancy at market rents of $1,786/mo.

How strong is Gretna, NE for real estate investors?

Yes - Gretna, NE a 3.0/5 investability score. With $441K home prices against $1,786/mo monthly rent, the market delivers a reasonable entry point for new investors.

What is the typical home price in Gretna, NE?

Gretna, NE home values average about $441K. That price point suits investors targeting rentals with $1,786/mo in monthly income.

What is the smart move for investors in Gretna, NE?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Gretna, NE. The numbers - $441K homes against $1,786/mo rents - support that play.

Are landlord laws favorable in Gretna, NE?

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

You know 68028 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 68028 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 68028 ranks in Omaha-Council Bluffs, NE-IA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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