Real Estate Investing in Omaha, Nebraska (68107)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68107 (Omaha, 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.
No major risk flags on the data we track.
What’s happening in Omaha, NE (68107)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68107 Omaha
Not every below-median market is a bargain. Omaha's 68107 ZIP comes in at signals that favor experienced operators who can absorb the risk $186K pricing implies.
Turning to rents, the numbers look inviting — $186K purchase price, 0.0% nominal cap — the work to hit that pro forma in 68107 is substantial and deserves full respect.
Nearby ZIPs in Omaha have seen price recovery that 68107 has not matched. Douglas County data supports the view that the spread is structural rather than temporary.
Meanwhile, 30,993 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.
Strategy in 68107 is an operator game, not a passive one. Stepping back, entry prices of $186K 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 68107
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $115,061 | $1,070 | 6.7% | +8.2% | $115,061 |
| 2BR | $160,515 | $1,270 | 5.7% | +8.3% | $80,258 |
| 3BR | $193,848 | $1,680 | 6.2% | +7.6% | $64,616 |
| 4BR | $200,825 | $1,900 | 6.8% | +7.4% | $50,206 |
| 5BR | $220,958 | — | — | +8.4% | $44,192 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 68107 Compare?
| Metric | 68107 | Omaha | Nebraska |
|---|---|---|---|
| Home Value | $185,883 | $273,289 | $269,423 |
| 5-Year CAGR | 5.5% | 4.6% | 6.7% |
| Avg Rent | $1,375 | $1,480 | - |
| Cap Rate | 5.8% | 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 68107 (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 | $185,883 |
| Monthly Rent | $1,375 |
| Price-to-Rent | 11.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.9% |
| Cap Rate | 5.8% |
| 5-Year IRR | 11.3% |
📈 Home Appreciation
| 1-Year | +5.5% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +8.6% ▲ |
🏠 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 (5.8%). 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 68107
Population: 30,993
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 68107
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
Investor Insight: With 1,471 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the rental occupancy rate in Omaha, NE?
Rental vacancy in Omaha, NE is elevated. Investors should budget normal turnover but not chronic empty units.
What is the typical home price in Omaha, NE?
The median home value in Omaha, NE is roughly $186K. That puts it reasonable relative to the NE statewide average.
How do experienced investors play Omaha, NE?
Omaha, NE investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($186K prices, $1,375/mo rents) make it a reasonable choice.
Does Omaha, NE favor landlords or tenants?
Omaha, NE falls under NE landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Is real estate in Omaha, NE a good investment right now?
Investors tracking Omaha, NE will find a 3.0/5 rating supported by $186K median home values and $1,375/mo rents. That profile suits long-term holders targeting consistent returns.
You know 68107 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 68107 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 68107 ranks in Omaha-Council Bluffs, NE-IA
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