Real Estate Investing in Cambridge, Nebraska (69022)

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

Furnas County • Population: 1,548 • Data updated: September 2026

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Should you buy in 69022 (Cambridge, NE)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (54/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 19.3% of homes vacant — above national norms.
  • Declining values: -1.8% 5-year CAGR — values have moved lower.

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

What’s happening in Cambridge, NE (69022)?

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3.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $166,236
Avg Monthly Rent $864
1% Rule ✗ Does Not Meet
Median Income $66,042
% Renters 15.7%

Market Analysis: 69022 Cambridge

This part of Furnas County is not an easy win. The 69022 ZIP reflects softness in key indicators, and the playbook that works in cleaner markets often stalls here.

Rent of $864/mo on a $166K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 69022 sits below the stated 0.0% once reality is priced in.

ZIP 69022's metrics run below Furnas County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

The 69022 ZIP's population of 1,548 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.

New investors are better served looking at Cambridge's stable or hybrid ZIPs before stepping into 69022. The learning curve here is expensive when the lesson is wrong.

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 Cambridge:

C+ Average
Buy Confidence Score: 60/100
Affordability
25/25
Appreciation
5/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.5× the median income
Value Trend
Declining (-2.1%)
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)

$210K$191K$171K$152K$132K$113KFeb 2016May 2021Jul 2026

📊 How Does 69022 Compare?

Metric 69022 Cambridge Nebraska
Home Value $166,236 $190,694 $269,423
5-Year CAGR N/A 1.3% 6.7%
Avg Rent $864 $891 -
Cap Rate 4.1% 3.7% -
💡 Why Invest in 69022? 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 69022 (Cambridge, NE). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.1%
Fair
5yr Growth
-1.8%
Declining

📊 Market Snapshot

Home Value $166,236
Monthly Rent $864
Price-to-Rent 16.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.2%
Cap Rate 4.1%
5-Year IRR 2.3%

📈 Home Appreciation

1-Year -2.1% ▼
3-Year CAGR -4.2% ▼
5-Year CAGR -1.8% ▼
10-Year CAGR +3.3% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). 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
19.3%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
-1.8%
Flat
Eviction process: Fast Rent control: Favorable

Demographics in 69022

Population: 1,548

💰 Median Household Income
$66,042
This area
$66,042
State
$70,851
USA
$74,580
🏠 Renter Occupied
15.7%
This area
15.7%
State
22.7%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-5.2%
USA
3.7%
🎓 College Educated
26.6%
This area
26.6%
State
15.7%
USA
33.7%
👤 Median Age
49.0 years
This area
49.0 years
State
33.1 years
USA
38.9 years
🏚️ Vacancy Rate
19.3%
This area
19.3%
State
15.6%
USA
10.5%
👥 Population by Ethnicity
White 98.5%
Other/Mixed 1.5%
Hispanic/Latino 0.4%
👶 Under 18
21.2%
This area
21.2%
USA
22.0%
👴 65 and Over
28.0%
This area
28.0%
USA
17.3%
📊 Poverty Rate
3.1%
This area
3.1%
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 69022

A Avg School Grade
3 Schools
11.3:1 Avg Class Size
$19,577 Avg Per Pupil

Schools in This ZIP Code

A Very Good

CAMBRIDGE HIGH SCHOOL

📚 09 – 12 High School
👥
81 Students
👨‍🏫
7.0:1 Class Size
💰
$19,577 Per Student
A Very Good

CAMBRIDGE ELEMENTARY SCHOOL

📚 Pre-K – 04 Elementary
👥
132 Students
👨‍🏫
13.2:1 Class Size
💰
$19,577 Per Student
B+ Above Average

CAMBRIDGE MIDDLE SCHOOL

📚 05 – 08 School
👥
74 Students
👨‍🏫
13.8:1 Class Size
💰
$19,577 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 tenants stable in Cambridge, NE?

Cambridge, NE draws a predictable base of working renters. Demand at the $864/mo rent level is reasonable for standard single-family and small multi rentals.

How landlord-friendly is Cambridge, NE?

Landlord-friendliness in Cambridge, NE is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

Can I house hack in Cambridge, NE?

Cambridge, NE offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $864/mo rent level.

What do landlords charge for rent in Cambridge, NE?

Rent in Cambridge, NE is around $864/mo. The resulting rent-to-value relationship with $166K pricing is reasonable for most investor models.

What is the typical home price in Cambridge, NE?

Homes in Cambridge, NE typically sell near $166K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.

You know 69022 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 69022 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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