Real Estate Investing in Lincoln, Nebraska (68507)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68507 (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 (68507)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68507 Lincoln
This part of Lancaster County is not an easy win. The 68507 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 68507 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
ZIP 68507'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.
Resident income in 68507 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The right play in 68507 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 68507
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $160,984 | $830 | 3.7% | +6.2% | $160,984 |
| 2BR | $206,158 | $1,020 | 3.6% | +7.0% | $103,079 |
| 3BR | $258,382 | $1,420 | 4.0% | +7.0% | $86,127 |
| 4BR | $344,389 | $1,530 | 3.2% | +6.7% | $86,097 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 68507 Compare?
| Metric | 68507 | Lincoln | Lincoln, NE | Nebraska |
|---|---|---|---|---|
| Home Value | $251,868 | $275,140 | N/A | $269,423 |
| 5-Year CAGR | 5.2% | 5.0% | N/A | 6.7% |
| Avg Rent | $1,589 | $1,312 | N/A | - |
| Cap Rate | 4.9% | 3.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 68507 (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 | $251,868 |
| Monthly Rent | $1,589 |
| Price-to-Rent | 13.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.6% |
| Cap Rate | 4.9% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | +3.2% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 Rent Trends
| 1-Year | -2.5% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.9%). 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 68507
Population: 16,481
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 68507
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
CULLER MIDDLE SCHOOL
DAWES MIDDLE SCHOOL
HUNTINGTON ELEMENTARY SCHOOL
RILEY ELEMENTARY SCHOOL
BROWNELL 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
Are homes affordable in Lincoln, NE?
In Lincoln, NE the median home value sits at $252K. Against the broader NE market, that reads as reasonable for most investors.
Does Lincoln, NE favor landlords or tenants?
NE ranks as a landlord-friendly state for landlord-tenant law. Lincoln generally follows the statewide framework, so landlords face reasonable operating rules.
How should investors approach Lincoln, NE?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Lincoln, NE. The numbers - $252K homes against $1,589/mo rents - support that play.
What does house hacking look like in Lincoln, NE?
Lincoln, NE is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $252K price point reasonable to enter.
What is the rental occupancy rate in Lincoln, NE?
Vacancy risk in Lincoln, NE is elevated. That supports predictable cash flow for typical rental holds.
You know 68507 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 68507 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 68507 ranks in Lincoln, NE
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