Real Estate Investing in Lincoln, Nebraska (68505)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68505 (Lincoln, NE)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
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 (68505)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68505 Lincoln
ZIP 68505 inside Lancaster County looks affordable on the surface — median value of $267K — but the discount exists for reasons that a careful buyer should understand before committing.
Meanwhile, the numbers look inviting — $267K purchase price, 0.0% nominal cap — the work to hit that pro forma in 68505 is substantial and deserves full respect.
ZIP 68505's metrics run below Lancaster County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 68505 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Experienced landlords with local relationships tend to find 68505 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Lincoln:
Property Strategy for 68505
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $106,024 | $980 | 6.7% | +5.1% | $106,024 |
| 2BR | $218,320 | $1,210 | 4.0% | +6.9% | $109,160 |
| 3BR | $257,095 | $1,680 | 4.7% | +6.8% | $85,698 |
| 4BR | $318,169 | $1,820 | 4.1% | +6.1% | $79,542 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 68505 Compare?
| Metric | 68505 | Lincoln | Lincoln, NE | Nebraska |
|---|---|---|---|---|
| Home Value | $267,180 | $275,140 | N/A | $269,423 |
| 5-Year CAGR | 5.0% | 5.0% | N/A | 6.7% |
| Avg Rent | $1,359 | $1,312 | N/A | - |
| Cap Rate | 4.0% | 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 68505 (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 | $267,180 |
| Monthly Rent | $1,359 |
| Price-to-Rent | 16.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +5.1% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 Rent Trends
| 1-Year | -1.6% ▼ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.0%). 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 68505
Population: 18,185
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 68505
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
ELLIOTT ELEMENTARY SCHOOL
PERSHING ELEMENTARY SCHOOL
RANDOLPH ELEMENTARY SCHOOL
NORWOOD PARK ELEMENTARY SCHOOL
KAHOA ELEMENTARY 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
Do rentals sit vacant long in Lincoln, NE?
Lincoln, NE vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Which real estate strategy fits Lincoln, NE?
Lincoln, NE investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($267K prices, $1,359/mo rents) make it a reasonable choice.
Does Lincoln, NE favor landlords or tenants?
For rental operators, Lincoln, NE rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
What is the renter demographic in Lincoln, NE?
Tenant demand in Lincoln, NE is solid. The local workforce $1,359/mo rents across most rental classes.
How does Lincoln, NE stack up for property investment?
The 3.0/5 investability rating in Lincoln, NE reflects its $267K prices and $1,359/mo rents. Investors generally consider it a solid option within NE.
You know 68505 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 68505 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 68505 ranks in Lincoln, NE
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