Crete, NE

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Crete short-term rental market based on reliable data.

Listings

3 / 9

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$10,953

Middle-Earners Revenue

Occupancy

36%

Middle-Earners Occupancy

Home Value

$245,509

Median Home Sale Price

Top Earners

$21,756

Top-Earners Revenue

Crete

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Crete.

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B

Generally Investor friendly

Crete Regulations

STRs are allowed citywide with no dedicated STR license; investors rely on standard zoning compliance, building/fire codes, basic business registration for lodging, and state hotel permit/tax registration—moderate but clear steps with no hard caps on STRs. The process is manageable, though it requires due diligence across zoning, code, and tax authorities, and enforcement clarity is limited since Crete lacks a dedicated STR ordinance.

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About Crete

Crete is a small, welcoming city in Saline County in southeastern Nebraska, with a population of approximately 7,000 residents. Rooted in the agricultural landscape of the Great Plains, the city carries the unhurried rhythm typical of Midwestern college towns, and it is best known as the home of Doane University, a historic liberal arts institution founded in 1872. Crete sits about 30 miles southwest of Lincoln, the state capital and nearest major city, and roughly 90 minutes from Omaha. Travelers passing through often use it as a quiet, affordable base for exploring the broader southeastern corner of the state, where small-town heritage, prairie scenery, and outdoor recreation come together.

A short drive south of Crete, the community of Wilber proudly proclaims itself the Czech Capital of the United States. About 15 minutes away, this small town celebrates its Bohemian heritage with traditional architecture, Czech restaurants and bakeries, and the annual Czech Festival held each August, one of the largest ethnic celebrations in Nebraska. Visitors interested in regional culture find Wilber a charming complement to a stay in Crete, especially during the festival when the population briefly swells with visitors from across the region.

For those drawn to the outdoors, Branched Oak State Recreation Area lies roughly 45 minutes to the northwest of Crete, near Lincoln. It is the largest reservoir in the Nebraska Game and Parks system and offers boating, fishing, swimming, and miles of trails around a sprawling lake. The recreation area is a popular weekend escape for southern Nebraskans, and its shaded campgrounds and sandy beaches make it a natural day-trip destination for short-term rental guests looking to experience the state's wide-open landscapes.

Further north, just outside Ashland and roughly 50 minutes from Crete, the Strategic Air Command and Aerospace Museum showcases a striking collection of Cold War-era aircraft, spacecraft, and military artifacts housed in a modern facility near Interstate 80. Operated in partnership with the United States Air Force, the museum draws aviation enthusiasts, families, and school groups from across the Midwest and provides an unexpected dose of big-museum appeal within easy reach of a small Nebraska town.

Crete makes a compelling base for short-term rental visitors who want a peaceful, distinctly Midwestern experience with a variety of nearby draws. Its location offers easy access to Lincoln's urban amenities, the cultural heritage of Wilber, the recreational opportunities of Branched Oak Lake, and the aerospace history showcased at the Ashland museum, all while providing the affordability and charm of a small college town in the heart of the Great Plains.

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