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RE Intelligence

Rental numbers for Lancaster County, NE

The typical home here runs -$1,330 a month at 7.78% with 25% down. 0 of 14 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.5%.

Gross yield
5.2%
typical home, Zillow
Median ZIP yield
5.5%
14 ZIPs with full data
Cash flow
-$1,330/mo
at 7.78%, 25% down
Typical price
$302,000
Zillow ZHVI, Aug 2026
Typical rent
$1,314/mo
Zillow ZORI, Aug 2026

ZIP codes in Lancaster County

33 with published figures

68507Lincoln$252,000$1,5957.6%3.1%-$703+3.8%
68503Lincoln$202,000$1,2037.1%2.4%-$678+2.0%
68528Lincoln$290,000$1,5536.4%2.3%-$1,021n/a
68504Lincoln$223,000$1,1776.3%1.8%-$859+0.9%
68505Lincoln$266,000$1,3726.2%2.0%-$993+2.5%
68521Lincoln$288,000$1,4756.1%1.9%-$1,095+2.3%
68522Lincoln$280,000$1,3245.7%1.4%-$1,174+3.1%
68419Panama$276,000$1,270*5.5%1.1%-$1,225n/a
68506Lincoln$284,000$1,2705.4%1.3%-$1,235+3.2%
68510Lincoln$257,000$1,1435.3%1.1%-$1,148+3.7%
68512Lincoln$351,000$1,5315.2%1.3%-$1,501+1.7%
68524Lincoln$260,000$1,050*4.9%0.8%-$1,222n/a
68372Hickman$388,000$1,560*4.8%1.0%-$1,761n/a
68508Lincoln$219,000$8364.6%0.2%-$1,141+3.4%
68516Lincoln$391,000$1,4894.6%0.8%-$1,854+3.0%
68502Lincoln$243,000$9134.5%0.3%-$1,242-0.1%
68462Waverly$350,000$1,120*3.8%0.1%-$1,848n/a
68317Bennet$411,000$1,280*3.7%0.1%-$2,181n/a
68526Lincoln$466,000$1,4233.7%-0.0%-$2,514+0.5%
68520Lincoln$620,000$1,660*3.2%-0.3%-$3,518n/a
68428Raymond$589,000$1,530*3.1%-0.1%-$3,215n/a
68368Hallam$428,000$1,080*3.0%-0.5%-$2,487n/a
68523Lincoln$506,000$1,270*3.0%-0.3%-$2,835n/a
68336Davey$492,000$1,220*3.0%-0.5%-$2,849n/a
68527Lincoln$523,000$1,240*2.8%-0.4%-$3,018n/a
68532Lincoln$595,000$1,330*2.7%-0.5%-$3,460n/a
68358Firth$482,000$1,070*2.7%-0.4%-$2,761n/a
68402Malcolm$527,000$1,130*2.6%-0.5%-$3,042n/a
68404Martell$548,000$1,100*2.4%-0.7%-$3,258n/a
68517Lincoln$593,000$1,100*2.2%-0.7%-$3,527n/a
68461Walton$763,000$1,410*2.2%-0.5%-$4,459n/a
68430Roca$621,000$1,120*2.2%-0.9%-$3,791n/a
68339Denton$622,000$1,020*2.0%-0.9%-$3,816n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+3.1%
Rent, 12 months
+2.0%
Rent minus price growth
-1.1 pts
Property tax
1.53%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
10011012013020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$244,836$1,038
Aug 2022$270,066$1,130
Aug 2023$279,362$1,195
Aug 2024$283,480$1,245
Aug 2025$292,870$1,288
Aug 2026$302,026$1,314

HUD Fair Market Rent

FY2027, Lincoln, NE HUD Metro FMR Area

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$948$1,009$1,230$1,703$1,915

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
15.3
2,046 units, last 12 months
National percentile
84th
among US counties

Tools

Test a listing in Lancaster County against today's rate.

Open the calculator

Part of the Lincoln, NE metro.

Questions

Is Lancaster County good for rental property?
The typical home here runs -$1,330 a month at 7.78% with 25% down. 0 of 14 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.5%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Lancaster County?
About 1.53% of value, from Census ACS median taxes paid over median home value. On a $302,000 home that is about $4,615 a year.
What is Fair Market Rent in Lancaster County?
HUD's FY2027 Fair Market Rent here is $1,009 for a 1-bedroom, $1,230 for a 2-bedroom and $1,703 for a 3-bedroom. Typical cash flow at today's rate is -$1,330 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.