Real Estate Investing in Omaha, Nebraska (68127)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68127 (Omaha, 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.
No major risk flags on the data we track.
What’s happening in Omaha, NE (68127)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68127 Omaha
The 68127 ZIP in Omaha, NE is a local-operator market. Outside capital chasing a $289K entry has to pair deep knowledge with the discount.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $289K asset, 68127 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 68127's metrics run below Douglas County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 68127 includes headwinds that any investor should price in. Income distribution skews lower than Omaha averages, and tenant stability requires active management.
The 68127 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 68127
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $214,564 | $1,360 | 4.6% | +7.9% | $107,282 |
| 3BR | $269,185 | $1,800 | 4.8% | +6.6% | $89,728 |
| 4BR | $357,928 | $2,030 | 4.1% | +6.0% | $89,482 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 68127 Compare?
| Metric | 68127 | Omaha | Nebraska |
|---|---|---|---|
| Home Value | $288,592 | $273,289 | $269,423 |
| 5-Year CAGR | 5.0% | 4.6% | 6.7% |
| Avg Rent | $1,149 | $1,480 | - |
| Cap Rate | 3.1% | 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 68127 (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 | $288,592 |
| Monthly Rent | $1,149 |
| Price-to-Rent | 20.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +5.9% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 Rent Trends
| 1-Year | +1.8% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | +4.5% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). 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 68127
Population: 20,588
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 68127
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
WESTERN HILLS MAGNET CENTER
BELLE RYAN ELEMENTARY SCHOOL
WILSON FOCUS SCHOOL
ASHLAND PARK/ROBBINS ELEMENTARY SCHOOL
WESTGATE 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 1,471 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What kind of market is Omaha, NE for investors?
Our data puts Omaha, NE at 3.0/5 for investability. Home prices of $289K and rents around $1,149/mo create a solid backdrop for investor activity.
What do rentals go for in Omaha, NE?
Rental rates in Omaha, NE average $1,149/mo. Tenant demand and $289K home values make the yield look reasonable by investor standards.
How do home values compare in Omaha, NE?
Homes in Omaha, NE typically sell near $289K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.
What approach is best for Omaha, NE real estate?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Omaha, NE. The numbers - $289K homes against $1,149/mo rents - support that play.
How strong is the working-renter base in Omaha, NE?
Tenant demand in Omaha, NE is solid. The local workforce $1,149/mo rents across most rental classes.
You know 68127 now. You don’t know where it ranks.
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How 68127 ranks in Omaha-Council Bluffs, NE-IA
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