Real Estate Investing in Lincoln, Nebraska (68523)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68523 (Lincoln, 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 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 (68523)?
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Market Analysis: 68523 Lincoln
Investors eyeing 68523 need to respect the fundamentals at play. Home values of $511K come alongside slower price movement and elevated management overhead.
The 68523 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 68523 among NE's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 68523 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 68523 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 68523
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $543,218 | $1,270 | 1.7% | +5.6% | $271,609 |
| 3BR | $443,221 | $1,760 | 2.9% | +6.5% | $147,740 |
| 4BR | $486,593 | $1,900 | 2.8% | +7.1% | $121,648 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 68523 Compare?
| Metric | 68523 | Lincoln | Lincoln, NE | Nebraska |
|---|---|---|---|---|
| Home Value | $511,458 | $275,140 | N/A | $269,423 |
| 5-Year CAGR | 4.6% | 5.0% | N/A | 6.7% |
| Avg Rent | $2,000 | $1,312 | N/A | - |
| Cap Rate | 3.1% | 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 68523 (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 | $511,458 |
| Monthly Rent | $2,000 |
| Price-to-Rent | 21.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.1% |
| 5-Year IRR | 7.7% |
📈 Home Appreciation
| 1-Year | +5.3% ▲ |
| 3-Year CAGR | +3.1% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 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 (3.1%). 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 68523
Population: 1,951
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 68523
Nearby Schools (4 more)
Schools in adjacent ZIP codes that may serve this area
HILL ELEMENTARY SCHOOL
ADAMS ELEMENTARY SCHOOL
SOUTHWEST HIGH SCHOOL
PATHFINDER ED PRG-LANCASTER CO
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 good place for real estate investing?
Lincoln, NE reports an investability rating of 3.0/5, with median home values near $511K and average rents around $2,000/mo. That combination puts it in the robust tier for investor interest.
What is the median home value in Lincoln, NE?
Typical homes in Lincoln, NE go for around $511K. The 5-year CAGR of 0.0% measured price movement.
What type of investing works in Lincoln, NE?
Investors usually favor careful cash-flow rentals with hands-on management in Lincoln, NE. With home values at $511K and rents near $2,000/mo, other strategies can work but produce consistent rather than outsized returns.
Does house hacking work in Lincoln, NE?
House hacking works a challenging in Lincoln, NE. Rents of $2,000/mo against $511K acquisition make the strategy solid for owner-occupants.
How much do tenants pay in Lincoln, NE?
Expect rents around $2,000/mo per month in Lincoln, NE. With home values at $511K, the yield math works out to reasonable levels for rental investors.
You know 68523 now. You don’t know where it ranks.
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How 68523 ranks in Lincoln, NE
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