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Market MapNebraskaLincoln

Lincoln County

NebraskaPopulation: 34,532
69
/100
Hold
#0 of 0 counties
#37 in Nebraska (90 counties)
Analysis by RentalCalcs Research·Independent data + algorithm-driven scoring
Updated July 20, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$228,619
Median Home Price
0% below national median
$1,136/mo
Median Rent
0% below national median
5.96%
Rent-to-Price Ratio
Top 50% nationally
-$460
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Scenario comparison

Same $1,136/mo rent assumption, 20% down, 6.85% rate. What changes is the acquisition price.
ScenarioPurchase priceMonthly cash flowCap rateCash-on-cash
75% of median
value-add or distressed
$171,464-$161/mo5.2%-4.9%
Median
typical MLS deal
$228,619-$460/mo3.9%-10.5%
125% of median
newer / premium
$285,774-$760/mo3.1%-13.9%

Price History

Median Home Price

Median Rent

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$228,619
Down Payment (20%)$45,724
Loan Amount$182,895
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,136
Monthly P&I-$1,198
Est. Expenses (35%)-$398
Net Cash Flow-$460/mo
3.9%
Cap Rate (all cash)
-10.5%
Cash-on-Cash Return
5.96%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.9% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
69/100
69
Cash Flow(30%)
59/100

Based on 5.96% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
92/100

Based on 6.9% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
81/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

  • +Strong price appreciation (+6.9% YoY)
  • +Affordable relative to local incomes
  • +Complete rent data available

Challenges

  • -Negative cash flow at typical financing (-$460/mo)
  • -Negative leverage (cap rate 3.9% < mortgage rate 6.9%)

Economic Indicators

Population
34,532
Median Income
—
Data pending
Unemployment Rate
—
Data pending
Price-to-Income
—
Data pending

Who this market fits

Best for
  • +Appreciation buyers: YoY growth is meaningfully above the long-run average
  • +Patient holders willing to accept negative carry for equity gains
  • +All-cash buyers: removing debt service flips the cap rate to actual yield
Skip if
  • −You need positive cash flow on day one at typical leverage
  • −You can't tolerate negative leverage (cap rate below mortgage rate today)

Compare to Nearby Counties

CountyVerdict
CurrentLincolnNE
69$228,619$1,1365.96%Buy
AdamsNE
69$216,561$1,1466.35%BuyView
CusterNE
69$166,108Est. pending—BuyView
ThurstonNE
69$164,361Est. pending—BuyView
DodgeNE
68$247,136$1,2305.97%BuyView
PlatteNE
68$270,220$1,5276.78%BuyView

The Bottom Line

HoldLincoln scores well overall, but a typical leveraged buy-and-hold loses $460/mo at current rates. Consider house hacking, value-add, or all-cash; otherwise a worse score with positive cash flow may be the better deal.

Lincoln County in Nebraska scores 69/100, ranking #0 of 0 US counties (top 50%). At 20% down and current rates, a median-priced rental loses about $460/month; the 5.96% gross rent-to-price ratio doesn't survive debt service. The thesis here is appreciation, value-add, house hacking, or all-cash.

Monthly Cash Flow
$-460/mo
Cap Rate
3.9%
Cash-on-Cash
-10.5%

Related markets

Markets like Lincoln with stronger cash flow

  • Platte County for cash-flow rentals
  • Adams County for cash-flow rentals
  • Dodge County for cash-flow rentals

Cheaper alternatives to Lincoln

  • Thurston County, lower entry price
  • Custer County, lower entry price
  • Adams County, lower entry price

Head-to-head comparisons

  • Lincoln vs Adams for rentals
  • Lincoln vs Custer for rentals
  • Lincoln vs Thurston for rentals
All counties in Nebraska →

Rent vs buy in Nebraska cities

Rent vs buy in Omaha, NEMedian $284,661 · rent $1,383/moRent vs buy in Lincoln, NEMedian $288,588 · rent $1,265/moRent vs buy in Grand Island, NEMedian $253,338 · rent $1,246/moRent vs buy in Kearney, NEMedian $295,447 · rent $1,512/moRent vs buy in Fremont, NEMedian $234,322 · rent $1,176/moAll Nebraska citiesFull rent-vs-buy directory for the state

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