Real Estate Investing in Louisville, Nebraska (68037)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68037 (Louisville, 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 26.4 — 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 Louisville, NE (68037)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68037 Louisville
Looking more closely, ZIP 68037 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $354K median. It rewards specialists, not generalists.
For an experienced owner, 68037 can be a a viable market for hunting ground — but the discount at $354K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 68037 among NE's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Put differently, 2,471 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Experienced landlords with local relationships tend to find 68037 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Louisville:
Property Strategy for 68037
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $210,571 | $1,240 | 4.2% | +5.2% | $105,286 |
| 3BR | $336,080 | $1,640 | 3.5% | +5.7% | $112,027 |
| 4BR | $465,962 | $1,850 | 2.9% | +6.1% | $116,491 |
Market Trends
Home Value History (with trend line)
📊 How Does 68037 Compare?
| Metric | 68037 | Louisville | Nebraska |
|---|---|---|---|
| Home Value | $354,070 | $354,070 | $269,423 |
| 5-Year CAGR | 4.6% | 4.6% | 6.7% |
| Avg Rent | $1,116 | $1,116 | - |
| Cap Rate | 2.5% | 2.5% | - |
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 68037 (Louisville, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $354,070 |
| Monthly Rent | $1,116 |
| Price-to-Rent | 26.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 7.0% |
📈 Home Appreciation
| 1-Year | +4.7% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (2.5%). 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 68037
Population: 2,471
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 68037
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.
Frequently Asked Questions
Are rents high in Louisville, NE?
Louisville, NE rentals go for roughly $1,116/mo a month. That puts gross yield in solid territory relative to $354K acquisition costs.
Is Louisville, NE better for rentals, flips, or BRRRR?
For Louisville, NE, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Is Louisville, NE a smart market for rental property?
The 3.0/5 investability rating in Louisville, NE reflects its $354K prices and $1,116/mo rents. Investors generally consider it a solid option within NE.
Is Louisville, NE good for house hacking?
House hacking in Louisville, NE is a challenging. With home values around $354K and rents at $1,116/mo, owner-occupants can offset a meaningful share of PITI.
Do landlords face vacancy issues in Louisville, NE?
Expect elevated vacancy in Louisville, NE. Rents at $1,116/mo are absorbed by the tenant base without meaningful lag.
You know 68037 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 68037 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.
How 68037 ranks in Omaha-Council Bluffs, NE-IA
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Community Ratings
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