Is North Platte, NE a good place to invest in rental property?

North Platte, NE has a median modeled monthly cash flow of $-860 and a median cap rate of 2.6%, on a median sold price of $220,000. Prices changed +11.9% year over year.

What is the average cap rate in North Platte, NE?

The median cap rate across recently sold homes in North Platte, NE is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in North Platte, NE?

The median sold price in North Platte, NE is $220,000 (about $141 per square foot).

Investing in North Platte, NE Real Estate

A data-driven snapshot of the North Platte, NE rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$220,000Median sold price

$141Median $/sqft

2.6%Median cap rate

$-860Modeled cash flow / mo

+11.9%Appreciation YoY

11.6Months of supply

332Active listings

344Sold (last 12 mo)

What the North Platte numbers say

In North Platte, NE, the median home sold for $220,000 (about $141 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-860 of monthly cash flow. Sold prices moved +11.9% over the past year. Inventory sits at about 11.6 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 4 fix-and-flip deals in North Platte — listings where the estimated after-repair value beats list price + rehab.

Other Nebraska markets to compare

See North Platte cash-flowing listings

CashFlowRE ranks every for-sale home in North Platte, NE by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen North Platte deals, or browse the national market data.