Real Estate Investing in Omaha, Nebraska (68122)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68122 (Omaha, NE)? Our answer, based on the numbers below.
Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
What’s happening in Omaha, NE (68122)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68122 Omaha
ZIP 68122 inside Douglas County looks affordable on the surface — median value of $288K — but the discount exists for reasons that a careful buyer should understand before committing.
On the rental side, the numbers look inviting — $288K purchase price, 0.0% nominal cap — the work to hit that pro forma in 68122 is substantial and deserves full respect.
Statewide comparisons place 68122 among NE's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 68122 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 68122 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Omaha:
Property Strategy for 68122
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $263,197 | $1,560 | 4.3% | +7.6% | $131,598 |
| 3BR | $271,789 | $2,070 | 5.5% | +6.9% | $90,596 |
| 4BR | $338,233 | $2,330 | 5.0% | +6.5% | $84,558 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 68122 Compare?
| Metric | 68122 | Omaha | Nebraska |
|---|---|---|---|
| Home Value | $287,707 | $273,289 | $269,423 |
| 5-Year CAGR | 4.5% | 4.6% | 6.7% |
| Avg Rent | $1,776 | $1,480 | - |
| Cap Rate | 4.8% | 4.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 68122 (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 | $287,707 |
| Monthly Rent | $1,776 |
| Price-to-Rent | 13.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.4% |
| Cap Rate | 4.8% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +3.1% ▲ |
| 3-Year CAGR | +2.1% ▲ |
| 5-Year CAGR | +4.5% ▲ |
| 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 (4.8%). 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 68122
Population: 12,514
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 68122
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
SPRINGVILLE ELEMENTARY SCHOOL
PINEWOOD ELEMENTARY SCHOOL
ALFONZA W DAVIS MIDDLE SCHOOL
NATHAN HALE MAGNET MIDDLE SCHOOL
NOVA ALTERNATIVE 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 kind of tenants rent in Omaha, NE?
Working renters make up the core of the Omaha, NE tenant base. The pool is reasonable for investors targeting long-term holds.
Is Omaha in NE worth investing in?
Yes - Omaha, NE a 3.0/5 investability score. With $288K home prices against $1,776/mo monthly rent, the market delivers a reasonable entry point for new investors.
What type of investing works in Omaha, NE?
The best-fit strategy in Omaha, NE is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
How do landlord-tenant laws work in Omaha, NE?
For rental operators, Omaha, NE rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Is house hacking profitable in Omaha, NE?
Omaha, NE offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,776/mo rent level.
You know 68122 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 68122 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 68122 ranks in Omaha-Council Bluffs, NE-IA
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