2024 · Nebraska

Rental yield in Nebraska

In 2024, the typical rental in Nebraska produced a gross yield of 5.0% $1,102/mo median rent against a $263K median home value, ranking 20th of 51 states.

5.0%

Gross rental yield

above the 4.9% U.S. median

$1,102/mo

Median gross rent

incl. utilities (ACS)

$263K

Median home value

owner-occupied (ACS)

ProInvestorHubHighest-yield metros in NebraskaAnnual rent ÷ home value, top 4NE statewideSioux City, IA-NE-SD5.6%%Omaha, NE-IA5.0%%Lincoln, NE4.7%%Grand Island, NE4.5%%Source: CFPB HMDA 2025 · proinvestorhub.comProInvestorHub

Nebraska metros by yield

Metropolitan areas in Nebraska with at least 65,000 residents, ranked by gross rental yield.

MetroGross yieldMedian rentMedian value
Sioux City, IA-NE-SD5.6%$1,002/mo$215K
Omaha, NE-IA5.0%$1,230/mo$293K
Lincoln, NE4.7%$1,114/mo$287K
Grand Island, NE4.5%$950/mo$254K

Frequently asked questions

What is the gross rental yield in Nebraska?

In 2024, Nebraska had a gross rental yield of 5.0% — $1,102/mo median gross rent against a $263K median home value. That ranks 20th of 51 states (1 = highest yield). Nationally the figure was 4.9%.

Which Nebraska metros have the best rental yield?

Among Nebraska metros covered by the data, gross yield was highest in Sioux City, IA-NE-SD (5.6%), Omaha, NE-IA (5.0%), and Lincoln, NE (4.7%).

Does this account for expenses or financing?

No. Gross yield is a top-line market screen — it excludes property taxes, insurance, vacancy, management, and financing. Use it to compare markets, then run a specific deal through a cap-rate or cash-flow calculator.

How investors finance deals in Nebraska

Yield shows where the numbers work; our Investor Financing Report for Nebraska shows the rate premium, denial rate, and DSCR lending investors face there.

Source: U.S. Census Bureau, American Community Survey 2024 1-year estimates. Gross rental yield = (median gross rent × 12) ÷ median home value. A market screen, not a net return.