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ZIP Code · NE

ZIP 68118

Part of Omaha, NE
Pop. 9,169·Douglas County·16th most expensive ZIP in Nebraska
Median rent (all units)
$1,527/mo
Year-over-Year
+0.3%
Month-over-Month
-3.7%
vs US Median
-$438
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 68118 · $1,527
More affordable than 72% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,125
1 BR
$1,188
2 BR
$1,415
3 BR
$1,878
4 BR+
$2,120
Research median
$1,415/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: July 20, 2026

Annual cost
$18,324/yr
At $1,527/mo median
Location
CityOmaha
StateNE
CountyDouglas County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.3% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.3% YoY, -3.7% MoM), not inventory.
Demographics

Who lives here

ZIP 68118 (Omaha, NE) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 64.2% of residents hold a bachelor's degree or higher.

Population
9,169
Median income
$133,281
Median age
42.5
Renters
16.5%
Age distribution
27.3%
30%
13.6%
19.2%
Under 1827.3%
18–349.9%
35–5430%
55–6413.6%
65+19.2%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
85.9%
White85.9%
Hispanic5.1%
Asian5.9%
Other2.9%
Education (25+)
25.2%
64.2%
No HS diploma1.5%
HS diploma9.1%
Some college25.2%
Bachelor's+64.2%
Housing tenure
83.5%
16.5%
Owner83.5%
Renter16.5%

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

2021 vs 2026

How ZIP 68118 in Omaha, NE has changed in 5 years

Income
$129,358 → $133,281
up 3.0%
Population
9,486 → 9,169
down 3.3%
Renter share
17.7% → 16.5%
-1.2 pts
Bachelor's+
62.7% → 64.2%
+1.5 pts
Median age
41.8 → 42.5
+0.7 yrs

On the earnings side, the typical household in ZIP 68118 in Omaha, NE now reports about $133,281, up from $129,358 in 2021. Headcount in the area went from 9,486 to 9,169 between 2021 and 2024, a 3.3% change.

Community

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Local insights

Tips for renters in ZIP 68118

About renting in ZIP 68118

Last updated: July 20, 2026

ZIP code 68118 covers Omaha, NE. The median rent here is $1,527/mo as of July 2026. A 1-bedroom rents for a median of $1,188/mo. A 2-bedroom rents for a median of $1,415/mo.

At 14% of local median household income ($133,281/yr), ZIP 68118 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 68118?

As of July 20, 2026, the median monthly rent in ZIP 68118 (Omaha, NE) is $1,527. This is based on aggregated data from public sources and community submissions.

How does ZIP 68118 rent compare to the US average?

ZIP 68118's median rent of $1,527/mo is $438 (22%) below the US national median of $1,965/mo.

How does ZIP 68118 compare to other ZIPs in Nebraska?

ZIP 68118 is one of the pricier ZIP codes in Nebraska, ranking #16 out of 53 ZIPs tracked at $1,527/mo.

How much income do you need to rent in ZIP 68118?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (~$29/hour full-time) to afford the median rent of $1,527/mo in ZIP 68118. The local median household income is $133,281/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 68118?

Rent in ZIP 68118 has been relatively stable over the past year, with a 0.3% change year over year as of July 20, 2026.

Is ZIP 68118 an affordable place to rent?

ZIP 68118 is considered very affordable for renters. At $1,527/mo, rent takes approximately 14% of the local median household income ($133,281/yr). The standard benchmark is 30%. ZIP 68118 falls comfortably within that range.

What percentage of ZIP 68118 residents rent vs. own?

According to Census data, approximately 16.5% of ZIP 68118 households are renters, while 83.5% are owner-occupied. ZIP 68118 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 68118 compare to the rest of Omaha?

ZIP 68118 is pricier than Omaha as a whole. At $1,527/mo, it's $74 above the Omaha citywide median of $1,453/mo.

When was rent data for ZIP 68118 last updated?

Rent data for ZIP 68118 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
14%
VERY AFFORDABLE

At $1,527/mo, rent takes ~14% of ZIP 68118's median household income ($133,281/yr). The standard benchmark is 30%.

ZIP 68118 14%Benchmark 30%
State income tax2.46–5.84%
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Schools nearby

Public schools near ZIP 68118 (Omaha, NE)

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