Real Estate Investing in Garland, Nebraska (68360)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Seward County • Population: 394 • Data updated: September 2026

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Should you buy in 68360 (Garland, NE)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High price-to-rent: Price-to-rent ratio 35.4 — hard to cash-flow at these prices.

• 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 Garland, NE (68360)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $443,068
Avg Monthly Rent $1,044
1% Rule ✗ Does Not Meet
Median Income $64,196
% Renters 8.0%

Market Analysis: 68360 Garland

ZIP 68360 inside Seward County looks affordable on the surface — median value of $443K — but the discount exists for reasons that a careful buyer should understand before committing.

Rent of $1,044/mo on a $443K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 68360 sits below the stated 0.0% once reality is priced in.

ZIP 68360's metrics run below Seward 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 68360 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

The 68360 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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Garland:

C Below Average
Buy Confidence Score: 57/100
Affordability
5/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6.9× the median income
Value Trend
Rising (+6.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,044/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
⚖️
BALANCED MARKET
Lincoln, NE Metro Area
Even conditions for buyers and sellers
31 days
Average time to sell
Average
12.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Lincoln, NE metro data

Market Trends

Home Value History (with trend line)

$465K$404K$343K$282K$221K$159KJul 2006Jul 2016Jul 2026

📊 How Does 68360 Compare?

Metric 68360 Garland Lincoln, NE Nebraska
Home Value $443,068 $443,068 N/A $269,423
5-Year CAGR 6.2% 6.2% N/A 6.7%
Avg Rent $1,044 $1,044 N/A -
Cap Rate 1.8% 1.8% - -
💡 Why Invest in 68360? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 68360 (Garland, NE). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
1.8%
Low
5yr Growth
+6.2%
Strong

📉 Market Crash Risk Index

Based on Lincoln, NE metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
45%
Days Pending
0/2
31 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $443,068
Monthly Rent $1,044
Price-to-Rent 35.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 2.8%
Cap Rate 1.8%
5-Year IRR 8.1%

📈 Home Appreciation

1-Year +6.7% ▲
3-Year CAGR +4.1% ▲
5-Year CAGR +6.2% ▲
10-Year CAGR +7.1% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 1.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.8%). 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.

Vacancy
2.3%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.2%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 68360

Population: 394

💰 Median Household Income
$64,196
This area
$64,196
State
$70,851
USA
$74,580
🏠 Renter Occupied
8.0%
This area
8.0%
State
22.7%
USA
34.0%
💼 Unemployment Rate
1.1%
This area
1.1%
State
-5.2%
USA
3.7%
🎓 College Educated
41.4%
This area
41.4%
State
15.7%
USA
33.7%
👤 Median Age
44.6 years
This area
44.6 years
State
33.1 years
USA
38.9 years
🏚️ Vacancy Rate
2.3%
This area
2.3%
State
15.6%
USA
10.5%
👥 Population by Ethnicity
White 95.0%
Other/Mixed 5.0%
Hispanic/Latino 1.1%
👶 Under 18
22.2%
This area
22.2%
USA
22.0%
👴 65 and Over
27.9%
This area
27.9%
USA
17.3%
📊 Poverty Rate
2.9%
This area
2.9%
USA
11.5%

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

🎓 Nearby Colleges & Universities

1 Nearby
C
Concordia University-Nebraska
3,423 students · 7.2 mi

Frequently Asked Questions

How tight is the rental market in Garland, NE?

Vacancy in Garland, NE is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,044/mo.

Are homes affordable in Garland, NE?

Typical homes in Garland, NE go for around $443K. The 5-year CAGR of 0.0% reliable price movement.

What is the typical rental rate in Garland, NE?

Expect rents around $1,044/mo per month in Garland, NE. With home values at $443K, the yield math works out to reasonable levels for rental investors.

How do experienced investors play Garland, NE?

For Garland, 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 investability score for Garland, NE?

With a 3.0/5 investability score, Garland, NE ranks as a solid market for rental property investors. Median prices of $443K and rents of $1,044/mo drive the underlying numbers.

You know 68360 now. You don’t know where it ranks.

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How 68360 ranks in Lincoln, NE

Every ZIP in this metro, ranked. Free.

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