ZIP Code · NE

ZIP 68111

Part of Omaha, NE

Pop. 24,210·Douglas County·21st most expensive ZIP in Nebraska

Median rent (all units)

$1,431/mo

Year-over-Year

+5.3%

Month-over-Month

+1.3%

vs US Median

-$501

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 68111 · $1,431

More affordable than 78% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$940

1 BR

$990

2 BR

$1,180

3 BR

$1,560

4 BR+

$1,760

Research median

$1,180/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

Compared with the peak

Rent in ZIP 68111 is at its highest level since Zillow's records here began in November 2022.

Past year vs. the rest of Nebraska

Rent in ZIP 68111 changed +5.3% over the year to September 2026. Across the 47 Nebraska ZIP codes Zillow tracks, the typical change was +2.3%.

Recent direction

Rent has risen 2 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($42,185) is $1,055 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($990); a 2-bedroom is $1,180.

Rank in Omaha

13th cheapest of 24 ZIP codes in Omaha.

Cheaper nearby

ZIP 68131, 2 miles away, rents for 12% less ($1,260/mo), about $2,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 68111. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$17,172/yr

At $1,431/mo median

Location

CityOmaha

StateNE

CountyDouglas County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 5.3% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+5.3% YoY, +1.3% MoM), not inventory.

Demographics

Who lives here

ZIP 68111 (Omaha, NE) is majority renter-occupied, has a large share of families with children, has a median income below the national average, 12.3% of residents hold a bachelor's degree or higher.

Population

24,210

Median income

$42,185

Median age

28.9

Renters

60.3%

Age distribution

33.5%

23.8%

23.4%

Under 1833.5%

18–3423.8%

35–5423.4%

55–649.3%

65+10.1%

Gender

48.1%

51.9%

Male48.1%

Female51.9%

Race & ethnicity

20.3%

50.6%

21.9%

White20.3%

Black50.6%

Hispanic21.9%

Asian3.2%

Other4.1%

Education (25+)

20%

38.3%

29.5%

12.3%

No HS diploma20%

HS diploma38.3%

Some college29.5%

Bachelor's+12.3%

Housing tenure

39.7%

60.3%

Owner39.7%

Renter60.3%

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

2023 vs 2026

How ZIP 68111 in Omaha, NE has changed in 5 years

Rent

$1,155 → $1,431

up 23.9%

Income

$32,239 → $42,185

up 30.9%

Population

23,591 → 24,210

up 2.6%

Renter share

60% → 60.3%

+0.3 pts

Bachelor's+

9.6% → 12.3%

+2.7 pts

Compared with 2023, rent in ZIP 68111 in Omaha, NE has increased by $276 per month, settling near $1,431 after starting the period at $1,155. On the earnings side, the typical household in ZIP 68111 in Omaha, NE now reports about $42,185, up from $32,239 in 2021. Income growth outran rent by about 7.0 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 23,591 to 24,210 between 2021 and 2024, a 2.6% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 9.6% to 12.3%. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 68111 in Omaha, NE reflects that arc in its own way.

Community

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Local insights

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About renting in ZIP 68111

Last updated: October 17, 2026

ZIP code 68111 covers Omaha, NE. The median rent here is $1,431/mo as of October 2026. A 1-bedroom rents for a median of $990/mo. A 2-bedroom rents for a median of $1,180/mo.

At 41% of local median household income ($42,185/yr), ZIP 68111 ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 68111?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (about $27/hour full-time) to afford the median rent of $1,431/mo in ZIP 68111. The local median household income is $42,185/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 68111?

Rent in ZIP 68111 has risen 5.3% over the past year as of September 2026. That is the highest level since Zillow's records here began in November 2022.

How does ZIP 68111 compare to other ZIPs in Nebraska?

ZIP 68111 is in the middle among Nebraska ZIP codes for rent, ranking #21 of 52 at $1,431/mo. Over the year to September 2026, rent in ZIP 68111 changed +5.3%, against a typical +2.3% across the 47 Nebraska ZIP codes Zillow tracks.