Rental numbers for the Lexington, NE metro
The typical home here runs -$650 a month at 7.78% with 25% down, breaking even at about 0.7%. 0 of 1 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 7.8%.
- Gross yield
- 7.2%
- typical home, Zillow
- Median ZIP yield
- 7.8%
- 1 ZIPs with full data
- Cash flow
- -$650/mo
- at 7.78%, 25% down
- Typical price
- $212,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,278/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
8 with published figures
| 68850Lexington | $202,000 | $1,316 | 7.8% | 3.3% | -$535 | n/a |
| 68922Arapahoe | $153,000 | $990* | 7.8% | 2.6% | -$497 | n/a |
| 69130Cozad | $179,000 | $960* | 6.4% | 1.8% | -$697 | n/a |
| 68927Bertrand | $223,000 | $1,160* | 6.3% | 1.9% | -$847 | n/a |
| 69138Gothenburg | $202,000 | $960* | 5.7% | 1.5% | -$843 | n/a |
| 68863Overton | $214,000 | $960* | 5.4% | 1.1% | -$963 | n/a |
| 69028Eustis | $255,000 | $1,130* | 5.3% | 1.4% | -$1,078 | n/a |
| 68937Elwood | $423,000 | $960* | 2.7% | -0.1% | -$2,303 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- -0.7%
- Rent, 12 months
- n/a
- Rent minus price growth
- n/a
- Property tax
- 1.32%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $171,263 | n/a |
| Aug 2022 | $191,840 | n/a |
| Aug 2023 | $199,864 | n/a |
| Aug 2024 | $204,295 | n/a |
| Aug 2025 | $213,570 | n/a |
| Aug 2026 | $212,179 | $1,278 |
Counties
- Dawson County, NE7.8% median yield
- Furnas County, NEn/a median yield
- Phelps County, NEn/a median yield
- Gosper County, NEn/a median yield
- Frontier County, NEn/a median yield
Tools
Questions
- Is the Lexington, NE metro good for rental property?
- The typical home here runs -$650 a month at 7.78% with 25% down, breaking even at about 0.7%. 0 of 1 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 7.8%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Lexington, NE metro have the highest rental yield?
- 68850 (Lexington) at 7.8%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
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.