Real Estate Investing in Lexington, Nebraska (68850)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 68850 (Lexington, 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 Lexington, NE (68850)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 68850 Lexington
The 68850 ZIP covers a section of Lexington that demands careful diligence. Prices near $204K look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 68850 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
The gap between 68850 and stronger Lexington ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The demographic picture in 68850 includes headwinds that any investor should price in. Income distribution skews lower than Lexington averages, and tenant stability requires active management.
Distressed ZIPs reward experience. durable returns are possible in 68850, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Lexington:
Property Strategy for 68850
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $109,398 | $920 | 6.1% | +6.6% | $109,398 |
| 2BR | $153,197 | $1,040 | 4.9% | +8.0% | $76,599 |
| 3BR | $216,694 | $1,320 | 4.4% | +7.1% | $72,231 |
| 4BR | $242,723 | $1,380 | 4.1% | +7.5% | $60,681 |
| 5BR | $265,392 | — | — | +7.0% | $53,078 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 68850 Compare?
| Metric | 68850 | Lexington | Lexington, NE | Nebraska |
|---|---|---|---|---|
| Home Value | $203,630 | $203,630 | N/A | $269,423 |
| 5-Year CAGR | 5.0% | 5.0% | N/A | 6.7% |
| Avg Rent | $1,319 | $1,319 | N/A | - |
| Cap Rate | 5.1% | 5.1% | - | - |
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 68850 (Lexington, NE). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $203,630 |
| Monthly Rent | $1,319 |
| Price-to-Rent | 12.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.8% |
| Cap Rate | 5.1% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +1.8% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 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 (5.1%). 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 68850
Population: 12,394
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 68850
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.
Frequently Asked Questions
What is the median home value in Lexington, NE?
Lexington, NE median home values land near $204K. That is reasonable territory for investors looking at $1,319/mo-per-month rentals.
How strong is tenant demand in Lexington, NE?
The tenant pool in Lexington, NE is solid, supported by local employment and population fundamentals. Rents of $1,319/mo are well-absorbed by the market.
What real estate strategy is ideal for Lexington, NE?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Lexington, NE. The numbers - $204K homes against $1,319/mo rents - support that play.
Does a duplex house hack pencil in Lexington, NE?
House hacking in Lexington, NE is reasonable to execute. Prices around $204K and rents of $1,319/mo solid owner-occupant economics.
Is rental property easy to operate in Lexington, NE?
NE law landlord-friendly for landlords, and Lexington inherits those rules. Investors should still review local ordinances for rental licensing.
You know 68850 now. You don’t know where it ranks.
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How 68850 ranks in Lexington, NE
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