Alliance, NE

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

16 / 41

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$16,653

Middle-Earners Revenue

Occupancy

66%

Middle-Earners Occupancy

Home Value

$177,342

Median Home Sale Price

Top Earners

$33,840

Top-Earners Revenue

Alliance

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Alliance.

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A

Very Investor friendly

Alliance Regulations

Alliance lacks STR-specific ordinances, so STRs are permitted under standard residential zoning with minimal permitting, no caps or special fees, and straightforward compliance—creating a very investor-friendly environment.

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About Alliance

Alliance sits in Box Butte County in the western Nebraska Panhandle, a high-plains region where the Great Plains begin to give way to the Sandhills. With a population of roughly 8,000 residents, the city functions as a regional service hub for surrounding agricultural and ranching communities and is a long-standing node on the BNSF Railway's busy transcontinental lines. Alliance is best known to visitors for one of America's most photographed roadside attractions, and it serves as a natural stopover for travelers driving between the Front Range cities and the Dakotas. It lies approximately 100 miles east of Scottsbluff, the largest city in western Nebraska, and roughly 230 miles northeast of Cheyenne, Wyoming.

A few miles north of town, Carhenge stands as Alliance's signature draw: a folk-art replica of England's Stonehenge constructed from thirty-nine vintage American automobiles arranged in the original monument's footprint and painted a uniform gray. Built in 1987 by local resident Jim Reinders as a memorial to his father, the installation has grown into a small surrounding sculpture park known as the Car Art Reserve. Visitors wander among the cars, climb on them, and photograph the work, with the open plains providing an unexpectedly dramatic backdrop.

About ten miles south of Alliance, Box Butte Reservoir State Recreation Area offers a quieter kind of escape — a small lake ringed by rolling prairie where travelers fish for walleye, white bass, and catfish, picnic beneath cottonwoods, and camp under wide western skies. The reservoir is a popular spot for sunset-watching and for waterfowl hunting in season, and it gives visitors a taste of the open-country recreation the Panhandle is known for.

A longer day trip runs north on U.S. Highway 385 to Fort Robinson State Park, an enormous historic military outpost near Crawford set in the Pine Ridge country. The park preserves old barracks and officers' quarters, offers stagecoach rides through rugged buttes and canyons, and maintains working herds of bison, longhorn cattle, and wild horses. The drive from Alliance is roughly ninety miles and is often paired with a stop at nearby Toadstool Geologic Park, a short trail through mushroom-shaped rock formations in the Oglala National Grassland.

Beyond these specific stops, Alliance itself sits on the edge of the Sandhills, the largest stabilized sand-dune formation in the Western Hemisphere — a vast sea of grass-covered dunes stretching across north-central Nebraska. Travelers passing through use the city as a base for birding, hunting, and stargazing in the surrounding ranchland, where the dark, dry skies offer some of the best night-sky viewing in the central United States.

For short-term-rental owners, Alliance offers an appealing combination: a small but well-known destination anchored by Carhenge's steady stream of curious road-trippers, an affordable housing stock, and a strategic position for travelers exploring the Panhandle, the Black Hills, and the Sandhills. Occupancy peaks in summer when road-trip traffic and outdoor recreation are at their height, but Carhenge's year-round pull and the city's role as a natural stopover between major regional destinations give it a baseline of visitors that supports consistent bookings.

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