Updated 2026 · Based on median market data for Lincoln, NE
The median monthly rent in Lincoln, NE is $1,180, translating to $14,160 in annual gross rental income per unit. The rent-to-price ratio is 0.52% — well below the 1% rule, making pure cash flow investing challenging at median prices.
Renters in Lincoln spend approximately 25% of the local median household income ($56,800) on rent. This is well below the 30% threshold, suggesting significant headroom for rent increases. Tenants can afford to pay more, which is bullish for landlords.
The vacancy rate in Lincoln is 4.8%. This is extremely tight — expect strong tenant demand, quick lease-ups, and leverage to set favorable lease terms. In markets this tight, landlords often see multiple applications per listing. Population growth of 0.9% annually provides stable demand.
Lincoln's GRM (price divided by annual rent) is 15.9x. A GRM between 12-16x is moderate and typical of balanced markets. Deals can work but you need to keep expenses controlled. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.
At the median rent of $1,180/mo, a single-family rental in Lincoln generates approximately $14,160 in gross annual income. After accounting for 4.8% vacancy ($680 lost), property taxes of $3,645, insurance (~$900), and maintenance (~$900), the estimated NOI is $8,035 per year, or $670/mo.