Real Estate Investing in Omaha, Nebraska (68105)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68105 (Omaha, NE)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 8.6% vacancy may signal weakening demand.
What’s happening in Omaha, NE (68105)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68105 Omaha
This part of Douglas County is not an easy win. The 68105 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed markets are won on execution, not on spreadsheets. ZIP 68105 stands at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within NE, ZIP 68105 trails on several market indicators that neighboring Douglas County submarkets outperform. The gap is real and notable enough to shape underwriting.
Who lives in 68105 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategy in 68105 is an operator game, not a passive one. Looking more closely, entry prices of $231K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Omaha:
Property Strategy for 68105
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $134,754 | $1,070 | 5.7% | +6.9% | $134,754 |
| 2BR | $190,305 | $1,270 | 4.8% | +7.1% | $95,153 |
| 3BR | $226,463 | $1,680 | 5.3% | +6.7% | $75,488 |
| 4BR | $254,806 | $1,900 | 5.4% | +6.5% | $63,702 |
| 5BR | $303,732 | — | — | +6.5% | $60,746 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 68105 Compare?
| Metric | 68105 | Omaha | Nebraska |
|---|---|---|---|
| Home Value | $230,888 | $273,289 | $269,423 |
| 5-Year CAGR | 4.8% | 4.6% | 6.7% |
| Avg Rent | $1,243 | $1,480 | - |
| Cap Rate | 4.2% | 4.2% | - |
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 68105 (Omaha, NE). Anonymous, moderated, never written by AI.
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Property managers serving Douglas County
Manage rentals here? List your business →PURE Property Management - Omaha/Fremont, NE is dedicated to building luxury living and providing high-quality service to their community and clients, trusted by over 100 residents. summary from their website
Access Relocation and Property Management Services offers corporate HR solutions. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $230,888 |
| Monthly Rent | $1,243 |
| Price-to-Rent | 15.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.5% |
| Cap Rate | 4.2% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +6.6% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 Rent Trends
| 1-Year | +12.2% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +6.7% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.2%). 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.
Demographics in 68105
Population: 21,933
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 68105
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
HIGHLAND ELEMENTARY SCHOOL
SPRING LAKE MAGNET CENTER
WASHINGTON ELEMENTARY SCHOOL
BANCROFT ELEMENTARY SCHOOL
CASTELAR ELEMENTARY SCHOOL
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
Investor Insight: With 6,308 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the investability score for Omaha, NE?
Omaha, NE scores 3.0/5 for investability. Home values sit at $231K and rents near $1,243/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How much is rent in Omaha, NE?
The typical rental in Omaha, NE commands about $1,243/mo monthly. That rent profile consistent cash flow against the $231K purchase basis.
How do experienced investors play Omaha, NE?
Most investors in Omaha, NE run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Should investors worry about vacancy in Omaha, NE?
Rental vacancy in Omaha, NE is elevated. Investors should budget normal turnover but not chronic empty units.
Are tenants stable in Omaha, NE?
The renter base in Omaha, NE is reasonable for the $1,243/mo price point. Screening well and pricing to market typically yields consistent tenants.
You know 68105 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 68105 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 68105 ranks in Omaha-Council Bluffs, NE-IA
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