ZIP Code · NE

ZIP 68106

Part of Omaha, NE

Pop. 21,224·Douglas County·7th most expensive ZIP in Nebraska

Median rent (all units)

$1,680/mo

Year-over-Year

+2.8%

Month-over-Month

+0.8%

vs US Median

-$252

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 68106 · $1,680

More affordable than 60% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,170

1 BR

$1,230

2 BR

$1,470

3 BR

$1,950

4 BR+

$2,200

Research median

$1,470/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in ZIP 68106 usually run 0.9% below trend in February and 1.3% above it in July, about $37 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 68106 is at its highest level since Zillow's records here began in February 2021.

Past year vs. the rest of Nebraska

Rent in ZIP 68106 changed +2.8% over the year to September 2026. Across the 47 Nebraska ZIP codes Zillow tracks, the typical change was +2.3%.

Recent direction

Rent rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($69,806) is $1,745 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,470); a 3-bedroom is $1,950.

Rank in Omaha

19th cheapest of 24 ZIP codes in Omaha.

Cheaper nearby

ZIP 68132, 2 miles away, rents for 28% less ($1,205/mo), about $5,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 68106. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$20,160/yr

At $1,680/mo median

Location

CityOmaha

StateNE

CountyDouglas County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.8% YoY, +0.8% MoM), not inventory.

Demographics

Who lives here

ZIP 68106 (Omaha, NE) is roughly split between renters and owners, skews toward younger working-age adults, 49.1% of residents hold a bachelor's degree or higher.

Population

21,224

Median income

$69,806

Median age

34.2

Renters

48.9%

Age distribution

17.2%

34%

23.3%

14.5%

Under 1817.2%

18–3434%

35–5423.3%

55–6411%

65+14.5%

Gender

48.7%

51.3%

Male48.7%

Female51.3%

Race & ethnicity

72.9%

White72.9%

Black8.1%

Hispanic11.6%

Asian4.6%

Other2.8%

Education (25+)

18.7%

26.3%

49.1%

No HS diploma5.8%

HS diploma18.7%

Some college26.3%

Bachelor's+49.1%

Housing tenure

51.1%

48.9%

Owner51.1%

Renter48.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 68106 in Omaha, NE has changed in 5 years

Rent

$1,173 → $1,680

up 43.2%

Income

$65,635 → $69,806

up 6.4%

Population

21,627 → 21,224

down 1.9%

Renter share

41% → 48.9%

+7.9 pts

Bachelor's+

47.1% → 49.1%

+2.0 pts

Median age

34.9 → 34.2

-0.7 yrs

Since 2021, the typical rent in ZIP 68106 in Omaha, NE has increased from $1,173 to $1,680, a 43.2% change over five years. Median household income rose from $65,635 to $69,806 between 2021 and 2024, a 6.4% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 1.9% since 2021, moving from about 21,627 residents to roughly 21,224. Renters now make up 48.9% of households, compared with 41% five years ago. College-educated residents now make up 49.1% of adults here, versus 47.1% in 2021. Taken together, the five-year picture in ZIP 68106 in Omaha, NE reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 68106

Last updated: October 17, 2026

ZIP code 68106 covers Omaha, NE. The median rent here is $1,680/mo as of October 2026. A 1-bedroom rents for a median of $1,230/mo. A 2-bedroom rents for a median of $1,470/mo.

At 29% of local median household income ($69,806/yr), ZIP 68106 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 68106?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (about $32/hour full-time) to afford the median rent of $1,680/mo in ZIP 68106. The local median household income is $69,806/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 68106?

Rent in ZIP 68106 has risen 2.8% over the past year as of September 2026. That is the highest level since Zillow's records here began in February 2021.

When is the cheapest time to rent in ZIP 68106?

Asking rents in ZIP 68106 are usually lowest in February, about 0.9% below their yearly trend, and highest in July, about 1.3% above it. At today's median that is a gap of roughly $37 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 68106 compare to other ZIPs in Nebraska?

ZIP 68106 is one of the pricier among Nebraska ZIP codes for rent, ranking #7 of 52 at $1,680/mo. Over the year to September 2026, rent in ZIP 68106 changed +2.8%, against a typical +2.3% across the 47 Nebraska ZIP codes Zillow tracks.