Real Estate Investing in Omaha, Nebraska (68152)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68152 (Omaha, NE)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 26.1 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Omaha, NE (68152)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68152 Omaha
Not every below-median market is a bargain. Omaha's 68152 ZIP reports signals that favor experienced operators who can absorb the risk $346K pricing implies.
For an experienced owner, 68152 can be a an appealing option for hunting ground — but the discount at $346K reflects genuine risk that outside investors often underestimate.
Statewide comparisons place 68152 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 68152 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 68152 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 68152
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $290,095 | $1,230 | 3.1% | +7.2% | $145,047 |
| 3BR | $297,469 | $1,630 | 3.9% | +6.4% | $99,156 |
| 4BR | $430,524 | $1,840 | 3.1% | +6.4% | $107,631 |
Market Trends
Home Value History (with trend line)
📊 How Does 68152 Compare?
| Metric | 68152 | Omaha | Nebraska |
|---|---|---|---|
| Home Value | $346,174 | $273,289 | $269,423 |
| 5-Year CAGR | 4.6% | 4.6% | 6.7% |
| Avg Rent | $1,107 | $1,480 | - |
| Cap Rate | 2.5% | 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 68152 (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 | $346,174 |
| Monthly Rent | $1,107 |
| Price-to-Rent | 26.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 7.1% |
📈 Home Appreciation
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 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 (2.5%). 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 68152
Population: 6,766
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 68152
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
MC MILLAN MAGNET MIDDLE SCHOOL
MINNE LUSA ELEMENTARY SCHOOL
FLORENCE ELEMENTARY SCHOOL
PONCA ELEMENTARY SCHOOL
ALEGENT/IMMANUEL RTC
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
Is real estate in Omaha, NE a good investment right now?
Omaha, NE scores 3.0/5 for investability. Home values sit at $346K and rents near $1,107/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Is Omaha, NE a friendly market for rental owners?
Omaha, NE falls under NE landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How much rent can I charge in Omaha, NE?
Omaha, NE rentals go for roughly $1,107/mo a month. That puts gross yield in solid territory relative to $346K acquisition costs.
Does a duplex house hack pencil in Omaha, NE?
The a challenging house-hack environment in Omaha, NE reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Are there empty rentals in Omaha, NE?
Omaha, NE sees elevated vacancy, which is reasonable relative to the broader NE rental market.
You know 68152 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 68152 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 68152 ranks in Omaha-Council Bluffs, NE-IA
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