Real Estate Investing in Lincoln, Nebraska (68504)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68504 (Lincoln, NE)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
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 Lincoln, NE (68504)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68504 Lincoln
The 68504 ZIP in Lincoln, NE is a local-operator market. Outside capital chasing a $225K entry has to pair deep knowledge with the discount.
The 68504 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Regionally, 68504 sits on the difficult end of the NE spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 68504 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The right play in 68504 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Lincoln:
Property Strategy for 68504
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $191,630 | $1,040 | 3.9% | +7.7% | $95,815 |
| 3BR | $229,308 | $1,450 | 4.6% | +7.1% | $76,436 |
| 4BR | $251,909 | $1,560 | 4.5% | +6.8% | $62,977 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 68504 Compare?
| Metric | 68504 | Lincoln | Lincoln, NE | Nebraska |
|---|---|---|---|---|
| Home Value | $225,123 | $275,140 | N/A | $269,423 |
| 5-Year CAGR | 5.4% | 5.0% | N/A | 6.7% |
| Avg Rent | $1,184 | $1,312 | N/A | - |
| Cap Rate | 4.1% | 3.2% | - | - |
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 68504 (Lincoln, NE). Anonymous, moderated, never written by AI.
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Property managers serving Lancaster County
Manage rentals here? List your business →Kabredlo's Property offers apartment homes for rent in Nebraska and Iowa. summary from their website
Four Corners Property Management, LLC welcomes you home. 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 | $225,123 |
| Monthly Rent | $1,184 |
| Price-to-Rent | 15.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.3% |
| Cap Rate | 4.1% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +5.2% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 Rent Trends
| 1-Year | +0.9% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +5.3% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). 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 68504
Population: 17,396
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 68504
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
CLINTON ELEMENTARY SCHOOL
HARTLEY ELEMENTARY SCHOOL
PERSHING ELEMENTARY SCHOOL
WEST LINCOLN ELEMENTARY SCHOOL
GOODRICH MIDDLE SCHOOL
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 3,458 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Lincoln, NE a friendly market for rental owners?
Landlord-friendliness in Lincoln, NE is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What kind of tenants rent in Lincoln, NE?
The tenant pool in Lincoln, NE is solid, supported by local employment and population fundamentals. Rents of $1,184/mo are well-absorbed by the market.
Where do home prices stand in Lincoln, NE?
Homes in Lincoln, NE typically sell near $225K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.
Can I house hack in Lincoln, NE?
The a challenging house-hack environment in Lincoln, NE reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Which investment style suits Lincoln, NE?
For Lincoln, NE, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
You know 68504 now. You don’t know where it ranks.
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How 68504 ranks in Lincoln, NE
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