What is the median home value in Douglas County, NE?

The median home value in Douglas County, NE is $245,800, according to the latest Census ACS 5-Year Estimates.

What is the cap rate in Douglas County, NE?

The cap rate proxy in Douglas County, NE is 6.7% (estimated from HUD Fair Market Rent and Census home values with a 35% expense ratio). This is moderate — deal-by-deal analysis recommended.

How much new construction is happening in Douglas County, NE?

Douglas County has 585,461 residents and issued 3,821 building permits over the trailing twelve months, according to the Census Building Permits Survey.

Omaha-Council Bluffs, NE-IA · Nebraska

Douglas County

585,461 residents3,821 permits TTM$79,081 median HHI35 ZIP codesUpdated April 28, 2026

Investor first look

Median home value

$245,800

ACS 5-Year

Cap rate proxy

6.7%

FMR × 0.65 ÷ Home Value

Rent-to-income

17.6%

HUD FMR ÷ ACS HHI

Net migration

+1.67%

IRS SOI

Permits (TTM)

3,821

Census BPS

Climate risk

95.9

FEMA NRI (0–100)

ZIP code breakdown35 ZIP codes

ZIP	Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
68107	$178,469	$1,270	8.5%	6.7%	21.3%
68112	$180,437	$1,450	9.6%	7.7%	19.9%
68117	$214,050	$1,560	8.7%	6.5%	25.5%
68110	$144,972	$1,140	9.4%	9.6%	-1.9%
68111	$132,812	$1,180	10.7%	12.8%	-20.5%

Ranked by composite score

Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
$166,511	$1,360	9.8%	8.9%	8.8%
$194,131	$1,250	7.7%	8.8%	-13.3%
$246,192	$1,470	7.2%	8.6%	-20.7%
$214,177	$1,280	7.2%	8.5%	-18.4%
$219,957	$1,270	6.9%	6.7%	3.3%
$278,343	$1,590	6.9%	6.7%	2.6%
$333,938	$1,440	5.2%	6.4%	-24.2%
$245,800county est.	$1,390	6.8%	5.7%	16.4%
$245,800county est.	$1,370	6.7%	5.7%	15.2%
$245,800county est.	$1,320	6.4%	5.7%	12.0%
$245,800county est.	$1,150	5.6%	5.7%	-1.0%
$288,153	$1,700	7.1%	5.5%	21.8%
$382,562	$2,050	6.4%	5.5%	14.9%
$286,120	$1,560	6.5%	5.4%	17.8%
$372,977	$1,650	5.3%	5.3%	0.5%
$300,139	$1,550	6.2%	5.2%	16.1%
$252,192	$1,320	6.3%	5.2%	17.2%
$280,433	$1,560	6.7%	5.0%	25.5%
$304,561	$1,300	5.1%	4.8%	6.3%
$276,941	$1,360	5.9%	4.8%	18.9%
$349,809	$1,180	4.0%	4.5%	-11.4%
$413,157	$2,050	6.0%	4.5%	24.3%
$329,339	$1,230	4.5%	4.2%	5.5%
$349,079	$1,370	4.7%	4.2%	10.4%
$407,741	$1,720	5.1%	4.2%	17.7%
$504,398	$1,600	3.8%	4.1%	-8.0%
$447,061	$1,850	5.0%	4.0%	18.5%
$365,283	$1,890	6.2%	3.8%	38.5%
$430,890	$1,380	3.8%	3.2%	15.8%
$498,460	$1,150	2.8%	2.8%	-1.0%

Demographics

Owner-occupied

61.7%

Census ACS

Vacancy rate

5.5%

Census ACS

Bachelor's degree +

42.2%

Census ACS

Rent burdened

46.0%

Census ACS (>30% income)

Median age

35.5

Census ACS

Data sources

U.S. Census Bureau — American Community Survey 5-Year Estimates

U.S. Census Bureau — Building Permits Survey

U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)

Internal Revenue Service — Statistics of Income Migration Data

FEMA — National Risk Index

Last updated: April 28, 2026

Douglas County

See all 35 ZIPs ranked by yield and cap rate