Rental numbers for the Norfolk, NE metro
The typical home here runs -$940 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.9%.
- Gross yield
- 5.9%
- typical home, Zillow
- Median ZIP yield
- 5.9%
- 1 ZIPs with full data
- Cash flow
- -$940/mo
- at 7.78%, 25% down
- Typical price
- $256,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,267/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
15 with published figures
| 68769Plainview | $156,000 | $980* | 7.5% | 2.8% | -$471 | n/a |
| 68701Norfolk | $259,000 | $1,281 | 5.9% | 1.8% | -$1,000 | +2.9% |
| 68758Newman Grove | $201,000 | $960* | 5.7% | 1.6% | -$809 | n/a |
| 68771Carroll | $218,000 | $1,020* | 5.6% | 1.8% | -$846 | n/a |
| 68748Madison | $216,000 | $970* | 5.4% | 1.3% | -$926 | n/a |
| 68781Oakdale | $216,000 | $960* | 5.3% | 1.1% | -$967 | n/a |
| 68765Wausa | $226,000 | $960* | 5.1% | 1.2% | -$986 | n/a |
| 68779Stanton | $257,000 | $1,000* | 4.7% | 0.8% | -$1,219 | n/a |
| 68629Clarkson | $272,000 | $1,020* | 4.5% | 0.9% | -$1,269 | n/a |
| 68641Howells | $271,000 | $960* | 4.3% | 0.6% | -$1,327 | n/a |
| 68715Battle Creek | $284,000 | $1,000* | 4.2% | 0.5% | -$1,400 | n/a |
| 68643Leigh | $291,000 | $1,000* | 4.1% | 0.6% | -$1,418 | n/a |
| 68752Meadow Grove | $289,000 | $980* | 4.1% | 0.4% | -$1,454 | n/a |
| 68767Pierce | $292,000 | $990* | 4.1% | 0.6% | -$1,438 | n/a |
| 68768Pilger | $291,000 | $960* | 4.0% | 0.4% | -$1,463 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +4.1%
- Rent, 12 months
- +3.2%
- Rent minus price growth
- -1.0 pts
- Property tax
- 1.14%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $197,771 | n/a |
| Aug 2022 | $220,093 | n/a |
| Aug 2023 | $225,843 | n/a |
| Aug 2024 | $234,895 | n/a |
| Aug 2025 | $245,544 | $1,228 |
| Aug 2026 | $255,700 | $1,267 |
Counties
- Colfax County, NEn/a median yield
- Stanton County, NEn/a median yield
- Madison County, NE5.9% median yield
- Pierce County, NEn/a median yield
- Cedar County, NEn/a median yield
- Antelope County, NEn/a median yield
Tools
Questions
- Is the Norfolk, NE metro good for rental property?
- The typical home here runs -$940 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.9%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Norfolk, NE metro have the highest rental yield?
- 68701 (Norfolk) at 5.9%, 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.