Valentine, NE

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

17 / 34

Reliable / Active

Cap Rate

13%

Middle-Earners Gross Yield

Revenue

$28,610

Middle-Earners Revenue

Occupancy

54%

Middle-Earners Occupancy

Home Value

$227,497

Median Home Sale Price

Top Earners

$38,142

Top-Earners Revenue

Valentine

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Valentine.

Loading top listings...

B

Generally Investor friendly

Valentine Regulations

STRs are allowed under Cherry County zoning in Valentine, via either a conditional‑use bed‑and‑breakfast (CUP with public hearing) or a permitted‑by‑right home occupation with a clear five‑unit cap; this keeps operations feasible while requiring county permits and standard compliance. The absence of a city‑specific ordinance and manageable caps help investor risk, though CUP approvals and district standards add moderate friction. Enforcement is routine and zoning‑based, not overly restrictive.

View Valentine Regulations →

Local STR Agent

STR specialist · Valentine, NE

Trusted Expert
Get Expert Help In Valentine
Free consultation Response within 24h

About Valentine

Valentine is a small city in north-central Nebraska and the county seat of Cherry County. Home to roughly 2,700 residents, the town has a warm, outdoorsy, small-town character and embraces a playful "Heart City" identity tied to its name. It is best known as the principal gateway to the Niobrara River valley and the broader Sandhills region of north-central Nebraska. The nearest major metropolitan area is Omaha, located approximately 280 miles to the southeast, with North Platte lying roughly 120 miles to the southwest along U.S. Highway 83.

The Niobrara National Scenic River is the area's signature attraction. Designated in 1991, this stretch of exceptionally clear water is one of the most ecologically unique rivers in the Great Plains, where eastern woodlands, northern forests, and western pines all converge along a single corridor. The river is famous for tubing, canoeing, and kayaking through gentle riffles, and the National Park Service operates a headquarters and visitor center just east of Valentine.

Adjacent to the scenic river, Fort Niobrara National Wildlife Refuge protects nearly 20,000 acres of prairie, woodland, and wetlands. Established in 1912, the refuge is home to free-ranging bison, elk, and Texas longhorn cattle, and a scenic auto tour loop lets visitors see these herds up close. The refuge sits only a short drive east of downtown Valentine and pairs naturally with a visit to the river.

Smith Falls State Park, about 20 minutes north of Valentine, protects Smith Falls, the tallest waterfall in Nebraska at roughly 63 feet, where the Niobrara River tumbles over a layered limestone outcrop. The park is one of the most popular launching points for float trips on the scenic river and offers camping, hiking, and wide-open stargazing in the surrounding Sandhills sky.

About 35 miles southwest of town, Merritt Reservoir State Recreation Area centers on a large reservoir known for clean water, sandy beaches, and one of Nebraska's few true sand dunes. Boating, fishing, and swimming draw families throughout the warmer months, and the area is one of the most popular summer destinations in the region.

Valentine's appeal as a short-term rental base rests on a straightforward formula: a charming small town surrounded by four major outdoor destinations, all within roughly 35 miles. Visitors come for multi-day river floats, wildlife viewing, fall hunting seasons, and family lake getaways, and they need a comfortable home base that can serve as a launching point for everything the Niobrara valley and the Sandhills have to offer.

startup landing logo

Copyright © 2026 HomeRun Analytics, Inc

Explore

HomeCountry ExplorerProperty Analyzer

Resources

Market ComparatorRegulationsBlog

Trusted by STR investors in 50+ U.S. states

Built by investors, for investors

STRProfitMap® is a registered trademark of HomeRun Analytics, Inc