Real Estate Investing in Omaha, Nebraska (68144)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68144 (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 (68144)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68144 Omaha
Not every below-median market is a bargain. Omaha's 68144 ZIP stands at signals that favor experienced operators who can absorb the risk $317K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 68144 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
ZIP 68144'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.
Put differently, 25,468 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 68144 is an operator game, not a passive one. On balance, entry prices of $317K 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 68144
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $232,126 | $1,300 | 4.0% | +7.3% | $116,063 |
| 3BR | $286,162 | $1,720 | 4.3% | +6.8% | $95,387 |
| 4BR | $357,866 | $1,940 | 3.9% | +6.6% | $89,466 |
| 5BR | $424,530 | — | — | +6.5% | $84,906 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 68144 Compare?
| Metric | 68144 | Omaha | Nebraska |
|---|---|---|---|
| Home Value | $316,757 | $273,289 | $269,423 |
| 5-Year CAGR | 5.2% | 4.6% | 6.7% |
| Avg Rent | $1,277 | $1,480 | - |
| Cap Rate | 3.2% | 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 68144 (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 | $316,757 |
| Monthly Rent | $1,277 |
| Price-to-Rent | 20.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.2% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 Rent Trends
| 1-Year | -15.5% ▼ |
| 3-Year CAGR | -4.2% ▼ |
| 5-Year CAGR | +0.4% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). 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 68144
Population: 25,468
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 68144
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 are vacancy rates like in Omaha, NE?
Vacancy in Omaha, NE is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,277/mo.
How strong is tenant demand 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.
How much is rent in Omaha, NE?
Omaha, NE rentals go for roughly $1,277/mo a month. That puts gross yield in solid territory relative to $317K acquisition costs.
Are landlord laws favorable in Omaha, NE?
Omaha, NE operates under NE law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
Is real estate in Omaha, NE a good investment right now?
Omaha, NE scores 3.0/5 for investability. Home values sit at $317K and rents near $1,277/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 68144 now. You don’t know where it ranks.
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How 68144 ranks in Omaha-Council Bluffs, NE-IA
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