Real Estate Investing in Falls City, Nebraska (68355)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68355 (Falls City, 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 cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 9.0% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Falls City, NE (68355)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68355 Falls City
Investors eyeing 68355 need to respect the fundamentals at play. Home values of $109K come alongside slower price movement and elevated management overhead.
The investment case in 68355 is solid only for operators who understand what they are buying. A $109K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
On the rental side, 68355 offers a low basis, the region around Falls City has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 68355 ZIP's population of 4,872 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.
New investors are better served looking at Falls City's stable or hybrid ZIPs before stepping into 68355. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Falls City:
Property Strategy for 68355
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $35,385 | $740 | 15.1% | +3.0% | $35,385 |
| 2BR | $69,008 | $970 | 10.1% | +6.4% | $34,504 |
| 3BR | $138,797 | $1,160 | 6.0% | +5.6% | $46,266 |
| 4BR | $166,420 | $1,280 | 5.5% | +5.3% | $41,605 |
Market Trends
Home Value History (with trend line)
📊 How Does 68355 Compare?
| Metric | 68355 | Falls City | Nebraska |
|---|---|---|---|
| Home Value | $109,381 | $109,381 | $269,423 |
| 5-Year CAGR | 3.7% | 3.7% | 6.7% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 6.2% | 6.2% | - |
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 68355 (Falls City, NE). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 68355 (Falls City, NE)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $109,381 |
| Monthly Rent | $873 |
| Price-to-Rent | 10.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.6% |
| Cap Rate | 6.2% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +7.3% ▲ |
| 3-Year CAGR | +0.4% ▲ |
| 5-Year CAGR | +3.7% ▲ |
| 10-Year CAGR | +5.0% ▲ |
🏠 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 (6.2%). 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 68355
Population: 4,872
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 68355
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.
Frequently Asked Questions
Is housing expensive in Falls City, NE?
In Falls City, NE the median home value sits at $109K. Against the broader NE market, that reads as reasonable for most investors.
What type of investing works in Falls City, NE?
For Falls City, NE, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What is the average monthly rent in Falls City, NE?
Average rent in Falls City, NE is approximately $873/mo per month. Against $109K home values that yields a reasonable rent-to-price ratio.
Are eviction rules reasonable in Falls City, NE?
Landlord-friendliness in Falls City, NE is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
How strong is tenant demand in Falls City, NE?
The renter base in Falls City, NE is reasonable for the $873/mo price point. Screening well and pricing to market typically yields consistent tenants.
You know 68355 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 68355 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.
AI Market Advisor
Ask questions about investing in 68355 (Falls City)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 68355 (Falls City, NE).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.