Real Estate Investing in Minden, Nebraska (68959)

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

Kearney • Population: 3,966 • Data updated: September 2026

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Should you buy in 68959 (Minden, NE)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (66/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 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
1 flag
  • Elevated vacancy: 11.8% vacancy may signal weakening demand.

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

What’s happening in Minden, NE (68959)?

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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 $234,648
Avg Monthly Rent $864
1% Rule ✗ Does Not Meet
Median Income $70,583
% Renters 21.4%

Market Analysis: 68959 Minden

ZIP 68959 inside Kearney looks affordable on the surface — median value of $235K — but the discount exists for reasons that a careful buyer should understand before committing.

The investment case in 68959 is healthy only for operators who understand what they are buying. A $235K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Nearby ZIPs in Minden have seen price recovery that 68959 has not matched. Kearney data supports the view that the spread is structural rather than temporary.

The demographic picture in 68959 includes headwinds that any investor should price in. Income distribution skews lower than Minden averages, and tenant stability requires active management.

Experienced landlords with local relationships tend to find 68959 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

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 Minden:

B Good
Buy Confidence Score: 72/100
Affordability
20/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.3× the median income
Value Trend
Rising (+6.7%)
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)

$248K$216K$184K$153K$121K$89KSep 2006Aug 2016Jul 2026

📊 How Does 68959 Compare?

Metric 68959 Minden Nebraska
Home Value $234,648 $234,648 $269,423
5-Year CAGR 6.3% 6.3% 6.7%
Avg Rent $864 $864 -
Cap Rate 2.9% 2.9% -
💡 Why Invest in 68959? 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 68959 (Minden, NE). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.9%
Low
5yr Growth
+6.3%
Strong

📊 Market Snapshot

Home Value $234,648
Monthly Rent $864
Price-to-Rent 22.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.4%
Cap Rate 2.9%
5-Year IRR 9.1%

📈 Home Appreciation

1-Year +6.7% ▲
3-Year CAGR +5.9% ▲
5-Year CAGR +6.3% ▲
10-Year CAGR +6.1% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). 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.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
11.8%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.3%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 68959

Population: 3,966

💰 Median Household Income
$70,583
This area
$70,583
State
$70,851
USA
$74,580
🏠 Renter Occupied
21.4%
This area
21.4%
State
22.7%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-5.2%
USA
3.7%
🎓 College Educated
29.8%
This area
29.8%
State
15.7%
USA
33.7%
👤 Median Age
38.8 years
This area
38.8 years
State
33.1 years
USA
38.9 years
🏚️ Vacancy Rate
11.8%
This area
11.8%
State
15.6%
USA
10.5%
👥 Population by Ethnicity
White 94.3%
Hispanic/Latino 5.6%
Other/Mixed 5.6%
Black/African American 0.1%
👶 Under 18
25.9%
This area
25.9%
USA
22.0%
👴 65 and Over
22.7%
This area
22.7%
USA
17.3%
📊 Poverty Rate
8.7%
This area
8.7%
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 68959

A Avg School Grade
3 Schools
11.7:1 Avg Class Size
$15,926 Avg Per Pupil

Schools in This ZIP Code

A Very Good

MINDEN HIGH SCHOOL

📚 09 – 12 High School
👥
244 Students
👨‍🏫
10.0:1 Class Size
💰
$15,926 Per Student
A Very Good

C L JONES MIDDLE SCHOOL

📚 04 – 08 School
👥
305 Students
👨‍🏫
12.9:1 Class Size
💰
$15,926 Per Student
B+ Above Average

MINDEN EAST ELEMENTARY SCHOOL

📚 Pre-K – 03 Elementary
👥
232 Students
👨‍🏫
12.2:1 Class Size
💰
$15,926 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

How do home values compare in Minden, NE?

In Minden, NE the median home value sits at $235K. Against the broader NE market, that reads as reasonable for most investors.

What is the rental occupancy rate in Minden, NE?

Occupancy in Minden, NE runs predictable with elevated vacancy. Well-priced units at $864/mo lease on reasonable timelines.

Is Minden in NE worth investing in?

Investors tracking Minden, NE will find a 3.0/5 rating supported by $235K median home values and $864/mo rents. That profile suits long-term holders targeting consistent returns.

Is Minden, NE good for landlords?

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

How deep is the rental pool in Minden, NE?

Expect a solid tenant pool in Minden, NE. The rental market absorbs $864/mo rents without meaningful friction.

You know 68959 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 68959 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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