Is Nebraska good for rental property?

0 of 59 ZIP codes with full Zillow data in this state are cash-flow positive; the median gross yield is 5.7%. Cash flow assumes the typical home in each ZIP, 7.78% with 25% down and the default costs.

What is the average property tax rate in Nebraska?

About 1.49% of value statewide (Census ACS median taxes paid over median value). Rates vary widely by county; the county table above links to each.

What does landlord insurance cost in Nebraska?

NAIC's 2023 average homeowners (HO-3) premium in Nebraska was $2,142. Landlord policies usually cost more, so this site assumes $2,570 a year. Quotes depend on the property, coverage and claims history.

Rental numbers for Nebraska

0 of 59 ZIP codes with full Zillow data in this state are cash-flow positive; the median gross yield is 5.7%.

Gross yield: n/a; no Zillow rent index
Median ZIP yield: 5.7%; 59 ZIPs with full data
Cash flow: n/a; at 7.78%, 25% down
Typical price: $281,000; Zillow ZHVI, Aug 2026
Typical rent: $1,372/mo; median across 59 tier A ZIPs, Aug 2026

Counties

Gross yield uses Zillow county rent where published, otherwise the median ZIP yield


Dawson County	$204,000	$1,278	7.5%	3.0%	-$588	n/a
Lincoln County	$228,000	$1,285	6.8%	2.3%	-$791	n/a
Gage County	$203,000	$1,089	6.4%	1.9%	-$764	n/a
Hall County	$257,000	$1,322	6.2%	2.0%	-$956	-0.8%
Platte County	$280,000	$1,441	6.2%	2.2%	-$998	n/a
Buffalo County	$305,000	$1,558	6.1%	2.1%	-$1,115	+6.1%
Adams County	$215,000	$1,088	6.1%	1.7%	-$861	n/a
Madison County	$255,000	$1,265	5.9%	1.8%	-$989	+3.1%
Dodge County	$247,000	$1,216	5.9%	1.8%	-$951	+1.5%
Douglas County	$296,000	$1,411	5.7%	1.4%	-$1,241	+2.3%
Lancaster County	$302,000	$1,314	5.2%	1.2%	-$1,330	+2.0%
Sarpy County	$357,000	$1,471	4.9%	0.9%	-$1,669	+0.5%
Washington County	$405,000	$1,550	4.6%	1.0%	-$1,848	n/a
Cass County	$312,000	$1,125	4.3%	0.5%	-$1,547	n/a
Antelope County	$221,000	not published	n/a	n/a	n/a	n/a
Arthur County	n/a	not published	n/a	n/a	n/a	n/a
Banner County	$387,000	not published	n/a	n/a	n/a	n/a
Boone County	$300,000	not published	n/a	n/a	n/a	n/a
Box Butte County	$181,000	not published	n/a	n/a	n/a	n/a
Boyd County	$143,000	not published	n/a	n/a	n/a	n/a
Brown County	$157,000	not published	n/a	n/a	n/a	n/a
Burt County	$193,000	not published	n/a	n/a	n/a	n/a
Butler County	$244,000	not published	n/a	n/a	n/a	n/a
Cedar County	$246,000	not published	n/a	n/a	n/a	n/a
Chase County	$225,000	not published	n/a	n/a	n/a	n/a
Cherry County	$229,000	not published	n/a	n/a	n/a	n/a
Cheyenne County	$178,000	not published	n/a	n/a	n/a	n/a
Clay County	$186,000	not published	n/a	n/a	n/a	n/a
Colfax County	$235,000	not published	n/a	n/a	n/a	n/a
Cuming County	$273,000	not published	n/a	n/a	n/a	n/a
Custer County	$182,000	not published	n/a	n/a	n/a	n/a
Dakota County	$245,000	not published	n/a	n/a	n/a	n/a
Dawes County	$191,000	not published	n/a	n/a	n/a	n/a
Deuel County	$177,000	not published	n/a	n/a	n/a	n/a
Dixon County	$203,000	not published	n/a	n/a	n/a	n/a
Dundy County	$166,000	not published	n/a	n/a	n/a	n/a
Fillmore County	$185,000	not published	n/a	n/a	n/a	n/a
Franklin County	$151,000	not published	n/a	n/a	n/a	n/a
Frontier County	$178,000	not published	n/a	n/a	n/a	n/a
Furnas County	$122,000	not published	n/a	n/a	n/a	n/a
Garden County	$188,000	not published	n/a	n/a	n/a	n/a
Garfield County	$229,000	not published	n/a	n/a	n/a	n/a
Gosper County	$320,000	not published	n/a	n/a	n/a	n/a
Greeley County	$228,000	not published	n/a	n/a	n/a	n/a
Hamilton County	$302,000	not published	n/a	n/a	n/a	n/a
Harlan County	$167,000	not published	n/a	n/a	n/a	n/a
Hayes County	$302,000	not published	n/a	n/a	n/a	n/a
Hitchcock County	$158,000	not published	n/a	n/a	n/a	n/a
Holt County	$190,000	not published	n/a	n/a	n/a	n/a
Hooker County	$149,000	not published	n/a	n/a	n/a	n/a
Howard County	$284,000	not published	n/a	n/a	n/a	n/a
Jefferson County	$141,000	not published	n/a	n/a	n/a	n/a
Johnson County	$215,000	not published	n/a	n/a	n/a	n/a
Kearney County	$256,000	not published	n/a	n/a	n/a	n/a
Keith County	$246,000	not published	n/a	n/a	n/a	n/a
Keya Paha County	$308,000	not published	n/a	n/a	n/a	n/a
Kimball County	$171,000	not published	n/a	n/a	n/a	n/a
Knox County	$219,000	not published	n/a	n/a	n/a	n/a
Logan County	$179,000	not published	n/a	n/a	n/a	n/a
McPherson County	$358,000	not published	n/a	n/a	n/a	n/a
Merrick County	$230,000	not published	n/a	n/a	n/a	n/a
Morrill County	$160,000	not published	n/a	n/a	n/a	n/a
Nance County	$167,000	not published	n/a	n/a	n/a	n/a
Nemaha County	$182,000	not published	n/a	n/a	n/a	n/a
Nuckolls County	$124,000	not published	n/a	n/a	n/a	n/a
Otoe County	$244,000	not published	n/a	n/a	n/a	n/a
Pawnee County	$163,000	not published	n/a	n/a	n/a	n/a
Perkins County	$224,000	not published	n/a	n/a	n/a	n/a
Phelps County	$221,000	not published	n/a	n/a	n/a	n/a
Pierce County	$248,000	not published	n/a	n/a	n/a	n/a
Polk County	$218,000	not published	n/a	n/a	n/a	n/a
Red Willow County	$176,000	not published	n/a	n/a	n/a	n/a
Richardson County	$122,000	not published	n/a	n/a	n/a	n/a
Rock County	$142,000	not published	n/a	n/a	n/a	n/a
Saline County	$216,000	not published	n/a	n/a	n/a	n/a
Saunders County	$361,000	not published	n/a	n/a	n/a	n/a
Scotts Bluff County	$197,000	not published	n/a	n/a	n/a	n/a
Seward County	$318,000	not published	n/a	n/a	n/a	n/a
Sheridan County	$144,000	not published	n/a	n/a	n/a	n/a
Sherman County	$201,000	not published	n/a	n/a	n/a	n/a
Sioux County	$319,000	not published	n/a	n/a	n/a	n/a
Stanton County	$268,000	not published	n/a	n/a	n/a	n/a
Thayer County	$153,000	not published	n/a	n/a	n/a	n/a
Thomas County	$194,000	not published	n/a	n/a	n/a	n/a
Thurston County	$172,000	not published	n/a	n/a	n/a	n/a
Valley County	$189,000	not published	n/a	n/a	n/a	n/a
Wayne County	$259,000	not published	n/a	n/a	n/a	n/a
Webster County	$139,000	not published	n/a	n/a	n/a	n/a
Wheeler County	$250,000	not published	n/a	n/a	n/a	n/a
York County	$230,000	not published	n/a	n/a	n/a	n/a

Highest-yield ZIP codes in Nebraska

Tier A only: Zillow value against Zillow rent

ZIP	Typical price	Rent	Gross yield	Cash flow /mo
68111Omaha	$137,000	$1,397	12.2%	-$17
68112Omaha	$187,000	$1,699	10.9%	-$138
68110Omaha	$146,000	$1,188	9.7%	-$272
68147Bellevue	$254,000	$2,050	9.7%	-$340
68117Omaha	$222,000	$1,750	9.5%	-$392
68104Omaha	$202,000	$1,520	9.0%	-$411
68106Omaha	$255,000	$1,831	8.6%	-$552
68108Omaha	$176,000	$1,218	8.3%	-$469
68850Lexington	$202,000	$1,316	7.8%	-$535
68122Omaha	$285,000	$1,848	7.8%	-$769

The top 50 in Nebraska

Trends

Five years to August 2026

Price, 12 months: +3.1%
Rent, 12 months: n/a
Rent minus price growth: n/a
Property tax: 1.49%; effective rate, ACS 2024

Typical value (Zillow ZHVI)Indexed to 100 at Aug 2021

Show the numbers

Month	Typical value
Aug 2021	$223,536
Aug 2022	$247,506
Aug 2023	$257,946
Aug 2024	$265,077
Aug 2025	$272,191
Aug 2026	$280,673

Costs that vary by state

Effective property tax: 1.49%; Census ACS 2024
Landlord insurance default: $2,570/yr; NAIC HO-3 $2,142 x 1.2
Permits per 1,000 households: 13.2; last 12 months
Median typical price: $284,000; tier A ZIPs

Metros

Questions

Is Nebraska good for rental property?: 0 of 59 ZIP codes with full Zillow data in this state are cash-flow positive; the median gross yield is 5.7%. Cash flow assumes the typical home in each ZIP, 7.78% with 25% down and the default costs.
What is the average property tax rate in Nebraska?: About 1.49% of value statewide (Census ACS median taxes paid over median value). Rates vary widely by county; the county table above links to each.
What does landlord insurance cost in Nebraska?: NAIC's 2023 average homeowners (HO-3) premium in Nebraska was $2,142. Landlord policies usually cost more, so this site assumes $2,570 a year. Quotes depend on the property, coverage and claims history.

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.
Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
NAIC Homeowners Insurance Report, data for 2023
National Association of Insurance Commissioners. Read: 2023.
Average HO-3 homeowners premium by state, multiplied by 1.2 as a landlord-policy assumption.

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.