Real Estate Investing in Holdrege, Nebraska (68949)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Phelps County • Population: 6,695 • Data updated: September 2026

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Should you buy in 68949 (Holdrege, NE)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (71/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Holdrege, NE (68949)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $215,159
Avg Monthly Rent $864
1% Rule ✗ Does Not Meet
Median Income $60,898
% Renters 33.0%

Market Analysis: 68949 Holdrege

Not every below-median market is a bargain. Holdrege's 68949 ZIP stands at signals that favor experienced operators who can absorb the risk $215K pricing implies.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 68949 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Regionally, 68949 sits on the difficult end of the NE spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.

The 68949 ZIP's population of 6,695 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.

Strategy in 68949 is an operator game, not a passive one. Meanwhile, entry prices of $215K are inviting, the management lift is real and non-optional.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Holdrege:

B Good
Buy Confidence Score: 74/100
Affordability
20/25
Appreciation
22/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.5× the median income
Value Trend
Rising (+7.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $864/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.

Market Trends

Home Value History (with trend line)

$229K$197K$166K$135K$103K$72KJul 2006Jul 2016Jul 2026

📊 How Does 68949 Compare?

Metric 68949 Holdrege Nebraska
Home Value $215,159 $215,159 $269,423
5-Year CAGR 5.1% 5.1% 6.7%
Avg Rent $864 $864 -
Cap Rate 3.1% 3.1% -
💡 Why Invest in 68949? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 68949 (Holdrege, NE). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.1%
Low
5yr Growth
+5.1%
Moderate

📊 Market Snapshot

Home Value $215,159
Monthly Rent $864
Price-to-Rent 20.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.8%
Cap Rate 3.1%
5-Year IRR 8.2%

📈 Home Appreciation

1-Year +7.0% ▲
3-Year CAGR +4.6% ▲
5-Year CAGR +5.1% ▲
10-Year CAGR +5.2% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

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.

Vacancy
7.5%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.1%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 68949

Population: 6,695

💰 Median Household Income
$60,898
This area
$60,898
State
$70,851
USA
$74,580
🏠 Renter Occupied
33.0%
This area
33.0%
State
22.7%
USA
34.0%
💼 Unemployment Rate
0.4%
This area
0.4%
State
-5.2%
USA
3.7%
🎓 College Educated
27.3%
This area
27.3%
State
15.7%
USA
33.7%
👤 Median Age
41.0 years
This area
41.0 years
State
33.1 years
USA
38.9 years
🏚️ Vacancy Rate
7.5%
This area
7.5%
State
15.6%
USA
10.5%
👥 Population by Ethnicity
White 92.1%
Other/Mixed 7.1%
Hispanic/Latino 5.4%
Black/African American 0.8%
Asian 0.1%
👶 Under 18
20.9%
This area
20.9%
USA
22.0%
👴 65 and Over
21.9%
This area
21.9%
USA
17.3%
📊 Poverty Rate
14.5%
This area
14.5%
USA
11.5%

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 68949

B+ Avg School Grade
4 Schools
17.4:1 Avg Class Size
$16,292 Avg Per Pupil

Schools in This ZIP Code

A Very Good

HOLDREGE HIGH SCHOOL

📚 09 – 12 High School
👥
315 Students
👨‍🏫
11.5:1 Class Size
💰
$16,292 Per Student
A Very Good

HOLDREGE MIDDLE SCHOOL

📚 05 – 08 School
👥
298 Students
👨‍🏫
12.0:1 Class Size
💰
$16,292 Per Student
A Very Good

HOLDREGE ELEMENTARY SCHOOL

📚 Pre-K – 04 Elementary
👥
353 Students
👨‍🏫
12.1:1 Class Size
💰
$16,292 Per Student
D Needs Improvement
👥
47 Students
👨‍🏫
34.3:1 Class Size
💰
$16,292 Per Student
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

Are eviction rules reasonable in Holdrege, NE?

For rental operators, Holdrege, NE rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.

Are renters plentiful in Holdrege, NE?

Working renters make up the core of the Holdrege, NE tenant base. The pool is reasonable for investors targeting long-term holds.

How do experienced investors play Holdrege, NE?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Holdrege, NE. The numbers - $215K homes against $864/mo rents - support that play.

Is real estate in Holdrege, NE a good investment right now?

Holdrege, NE rates 3.0/5 for investability. With median values at $215K and rents near $864/mo, the market offers reasonable fundamentals for rental investors.

What is the typical home price in Holdrege, NE?

In Holdrege, NE the median home value sits at $215K. Against the broader NE market, that reads as reasonable for most investors.

You know 68949 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 68949 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.

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