Real Estate Investing in Lincoln, Nebraska (68528)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68528 (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 (68528)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68528 Lincoln
The 68528 ZIP covers a section of Lincoln that demands careful diligence. Prices near $292K look accessible, but the work to make a deal cash flow is real.
The investment case in 68528 is healthy only for operators who understand what they are buying. A $292K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 68528'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.
Who lives in 68528 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 68528 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 68528
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $215,545 | $1,380 | 4.6% | +6.7% | $107,773 |
| 3BR | $279,890 | $1,920 | 4.9% | +6.7% | $93,297 |
| 4BR | $334,005 | $2,070 | 4.5% | +5.6% | $83,501 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 68528 Compare?
| Metric | 68528 | Lincoln | Lincoln, NE | Nebraska |
|---|---|---|---|---|
| Home Value | $291,689 | $275,140 | N/A | $269,423 |
| 5-Year CAGR | 5.1% | 5.0% | N/A | 6.7% |
| Avg Rent | $1,575 | $1,312 | N/A | - |
| Cap Rate | 4.2% | 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 68528 (Lincoln, NE). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 68528 (Lincoln, NE)?
~25 seconds · no account needed · your report is anonymous
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 | $291,689 |
| Monthly Rent | $1,575 |
| Price-to-Rent | 15.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.5% |
| Cap Rate | 4.2% |
| 5-Year IRR | 9.4% |
📈 Home Appreciation
| 1-Year | +6.2% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | +8.4% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.2%). 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 68528
Population: 6,955
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 68528
Schools in This ZIP Code
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
Does Lincoln, NE favor landlords or tenants?
Rental owners in Lincoln, NE deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Does house hacking work in Lincoln, NE?
House hacking in Lincoln, NE is reasonable to execute. Prices around $292K and rents of $1,575/mo solid owner-occupant economics.
How much should I expect to pay for a home in Lincoln, NE?
Expect median prices around $292K in Lincoln, NE. The market has run at a 0.0% 5-year CAGR, so entry costs have been consistent.
How does Lincoln, NE rate as a rental market?
Lincoln, NE rates 3.0/5 for investability. With median values at $292K and rents near $1,575/mo, the market offers reasonable fundamentals for rental investors.
What is the typical renter like in Lincoln, NE?
Lincoln, NE offers a consistent renter base at the $1,575/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 68528 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 68528 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 68528 ranks in Lincoln, NE
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 68528 (Lincoln)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 68528 (Lincoln, NE).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.