Real Estate Investing in Alexandria, Nebraska (68303)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68303 (Alexandria, NE)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 40.0% of homes vacant — above national norms.
- Declining values: -4.4% 5-year CAGR — values have moved lower.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Alexandria, NE (68303)?
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Market Analysis: 68303 Alexandria
ZIP 68303 inside Thayer County looks affordable on the surface — median value of $93K — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $864/mo on a $93K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 68303 sits below the stated 0.0% once reality is priced in.
ZIP 68303's metrics run below Thayer County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 68303 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Alexandria:
Market Trends
Home Value History (with trend line)
📊 How Does 68303 Compare?
| Metric | 68303 | Alexandria | Nebraska |
|---|---|---|---|
| Home Value | $92,754 | $92,754 | $269,423 |
| 5-Year CAGR | N/A | N/A | 6.7% |
| Avg Rent | $864 | $864 | - |
| Cap Rate | 7.3% | 7.3% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 68303 (Alexandria, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $92,754 |
| Monthly Rent | $864 |
| Price-to-Rent | 9.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 11.2% |
| Cap Rate | 7.3% |
| 5-Year IRR | 2.9% |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | -7.5% ▼ |
| 5-Year CAGR | -4.4% ▼ |
| 10-Year CAGR | +3.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.3%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 68303
Population: 208
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
Frequently Asked Questions
Which real estate strategy fits Alexandria, NE?
The best-fit strategy in Alexandria, NE is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What is the average monthly rent in Alexandria, NE?
Expect rents around $864/mo per month in Alexandria, NE. With home values at $93K, the yield math works out to reasonable levels for rental investors.
Is housing expensive in Alexandria, NE?
Alexandria, NE median home values land near $93K. That is reasonable territory for investors looking at $864/mo-per-month rentals.
Is Alexandria, NE good for landlords?
For rental operators, Alexandria, NE rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Is Alexandria, NE a good place for real estate investing?
Alexandria, NE stands at an investability rating of 3.0/5, with median home values near $93K and average rents around $864/mo. That combination puts it in the resilient tier for investor interest.
You know 68303 now. You don’t know where it ranks.
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