Real Estate Investing in Oakland, Nebraska (68045)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68045 (Oakland, NE)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.0% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Oakland, NE (68045)?
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Market Analysis: 68045 Oakland
ZIP 68045 in Oakland, NE carries a robust set of headwinds. Home values near $197K and rents of $864/mo sit inside a market where underwriting has to be tight.
Rent of $864/mo on a $197K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 68045 sits below the stated 0.0% once reality is priced in.
Regionally, 68045 sits on the difficult end of the NE spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
A significant renter share of 28% in 68045 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 68045 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 Oakland:
Property Strategy for 68045
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $138,510 | $960 | 5.0% | +11.8% | $69,255 |
| 3BR | $186,764 | $1,230 | 4.7% | +10.7% | $62,255 |
| 4BR | $243,474 | $1,380 | 4.1% | +10.3% | $60,868 |
Market Trends
Home Value History (with trend line)
📊 How Does 68045 Compare?
| Metric | 68045 | Oakland | Nebraska |
|---|---|---|---|
| Home Value | $196,616 | $188,071 | $269,423 |
| 5-Year CAGR | 8.4% | 7.9% | 6.7% |
| Avg Rent | $864 | $1,031 | - |
| Cap Rate | 3.4% | 4.3% | - |
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 68045 (Oakland, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $196,616 |
| Monthly Rent | $864 |
| Price-to-Rent | 19.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.4% |
| 5-Year IRR | 11.8% |
📈 Home Appreciation
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | +7.2% ▲ |
| 5-Year CAGR | +8.4% ▲ |
| 10-Year CAGR | +8.7% ▲ |
🏠 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 (3.4%). 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 68045
Population: 2,191
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 68045
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
Is Oakland, NE good for house hacking?
House hacking in Oakland, NE is a challenging. With home values around $197K and rents at $864/mo, owner-occupants can offset a meaningful share of PITI.
Do landlords face vacancy issues in Oakland, NE?
Rental vacancy in Oakland, NE is elevated. Investors should budget normal turnover but not chronic empty units.
What kind of tenants rent in Oakland, NE?
Tenant quality in Oakland, NE ranks as solid. Landlords generally report predictable occupancy at market rents of $864/mo.
What are rental rates like in Oakland, NE?
Rental rates in Oakland, NE average $864/mo. Tenant demand and $197K home values make the yield look reasonable by investor standards.
How strict are landlord regulations in Oakland, NE?
Oakland, NE operates under NE law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
You know 68045 now. You don’t know where it ranks.
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Community Ratings
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