Real Estate Investing in Bayard, Nebraska (69334)

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

Morrill County • Population: 2,360 • Data updated: September 2026

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Should you buy in 69334 (Bayard, NE)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (72/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 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
1 flag
  • High vacancy: 18.7% of homes vacant — above national norms.

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

What’s happening in Bayard, NE (69334)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $160,840
Avg Monthly Rent $864
1% Rule ✗ Does Not Meet
Median Income $60,086
% Renters 11.0%

Market Analysis: 69334 Bayard

Stepping back, ZIP 69334 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $161K median. It rewards specialists, not generalists.

The 69334 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Statewide comparisons place 69334 among NE's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

A solid renter share of 11% in 69334 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

leans the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

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 Bayard:

C+ Average
Buy Confidence Score: 66/100
Affordability
20/25
Appreciation
18/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.7× the median income
Value Trend
Stable (+2.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $864/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Scottsbluff, NE Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
7.5%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Scottsbluff, NE metro data
🏠

Property Strategy for 69334

Which property type performs best in this market?

Best for Cash Flow
2BR
5.7% cap rate
Best for Appreciation
2BR
+6.9% 5yr CAGR
Best Overall Value
4BR
$58,921/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $120,492 $960 5.7% +6.9% $60,246
3BR $184,525 $1,190 4.6% +6.8% $61,508
4BR $235,683 $1,290 3.9% $58,921

Market Trends

Home Value History (with trend line)

$171K$154K$137K$120K$103K$86KFeb 2016May 2021Jul 2026

📊 How Does 69334 Compare?

Metric 69334 Bayard Scottsbluff, NE Nebraska
Home Value $160,840 $160,840 N/A $269,423
5-Year CAGR 4.1% 4.1% N/A 6.7%
Avg Rent $864 $864 N/A -
Cap Rate 4.2% 4.2% - -
💡 Why Invest in 69334? Click to expand

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

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 69334 (Bayard, NE). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.2%
Fair
5yr Growth
+4.1%
Moderate

📉 Market Crash Risk Index

Based on Scottsbluff, NE metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
69%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $160,840
Monthly Rent $864
Price-to-Rent 15.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.5%
Cap Rate 4.2%
5-Year IRR 8.3%

📈 Home Appreciation

1-Year +2.0% ▲
3-Year CAGR +3.3% ▲
5-Year CAGR +4.1% ▲
10-Year CAGR +5.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.2%). 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.

Vacancy
18.7%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+4.1%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 69334

Population: 2,360

💰 Median Household Income
$60,086
This area
$60,086
State
$70,851
USA
$74,580
🏠 Renter Occupied
11.0%
This area
11.0%
State
22.7%
USA
34.0%
💼 Unemployment Rate
2.4%
This area
2.4%
State
-5.2%
USA
3.7%
🎓 College Educated
20.4%
This area
20.4%
State
15.7%
USA
33.7%
👤 Median Age
41.2 years
This area
41.2 years
State
33.1 years
USA
38.9 years
🏚️ Vacancy Rate
18.7%
This area
18.7%
State
15.6%
USA
10.5%
👥 Population by Ethnicity
White 78.3%
Other/Mixed 20.0%
Hispanic/Latino 14.7%
Asian 1.6%
👶 Under 18
21.1%
This area
21.1%
USA
22.0%
👴 65 and Over
20.9%
This area
20.9%
USA
17.3%
📊 Poverty Rate
3.8%
This area
3.8%
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 69334

A+ Avg School Grade
2 Schools
11.7:1 Avg Class Size
$22,023 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

BAYARD ELEMENTARY SCHOOL

📚 Pre-K – 06 School
👥
177 Students
👨‍🏫
11.5:1 Class Size
💰
$22,023 Per Student
A+ Excellent

BAYARD SECONDARY SCHOOL

📚 07 – 12 High School
👥
158 Students
👨‍🏫
12.0:1 Class Size
💰
$22,023 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 much do tenants pay in Bayard, NE?

Rent in Bayard, NE is around $864/mo. The resulting rent-to-value relationship with $161K pricing is reasonable for most investor models.

How tight is the rental market in Bayard, NE?

Bayard, NE carries elevated vacancy risk. Expect steady absorption at market rents of $864/mo.

Is Bayard, NE a smart market for rental property?

With a 3.0/5 investability score, Bayard, NE ranks as a solid market for rental property investors. Median prices of $161K and rents of $864/mo drive the underlying numbers.

How do landlord-tenant laws work in Bayard, NE?

NE ranks as a landlord-friendly state for landlord-tenant law. Bayard generally follows the statewide framework, so landlords face reasonable operating rules.

What is the median home value in Bayard, NE?

Typical homes in Bayard, NE go for around $161K. The 5-year CAGR of 0.0% predictable price movement.

You know 69334 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 69334 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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How 69334 ranks in Scottsbluff, NE

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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