RentDataNowRentDataNow
ZIP Code · NE

ZIP 68123

Part of Bellevue, NE
Pop. 33,804·Sarpy County·22nd most expensive ZIP in Nebraska
Median rent (all units)
$1,459/mo
Year-over-Year
+2.4%
Month-over-Month
+2.9%
vs US Median
-$506
Rising (Monthly)
Be the first to discuss 68123 rents ↓
Most AffordableMost Expensive
ZIP 68123 · $1,459
More affordable than 76% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,220
1 BR
$1,280
2 BR
$1,530
3 BR
$2,030
4 BR+
$2,290
Research median
$1,530/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$17,508/yr
At $1,459/mo median
Location
StateNE
CountySarpy County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 2.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+2.4% YoY, +2.9% MoM), not inventory.
Demographics

Who lives here

ZIP 68123 (Bellevue, NE) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 39.6% of residents hold a bachelor's degree or higher.

Population
33,804
Median income
$93,188
Median age
32.6
Renters
41.6%
Age distribution
26.7%
27.6%
23.9%
Under 1826.7%
18–3427.6%
35–5423.9%
55–6410.6%
65+11.2%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
73%
12.7%
White73%
Black6.3%
Hispanic12.7%
Asian3.6%
Other4.4%
Education (25+)
18%
37%
39.6%
No HS diploma5.3%
HS diploma18%
Some college37%
Bachelor's+39.6%
Housing tenure
58.4%
41.6%
Owner58.4%
Renter41.6%

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

2021 vs 2026

How ZIP 68123 in Bellevue, NE has changed in 5 years

Rent
$1,081 → $1,459
up 35.0%
Income
$83,608 → $93,188
up 11.5%
Population
32,945 → 33,804
up 2.6%
Renter share
43.2% → 41.6%
-1.6 pts
Bachelor's+
40.9% → 39.6%
-1.3 pts
Median age
30.8 → 32.6
+1.8 yrs

Rent in ZIP 68123 in Bellevue, NE has increased 35.0% since 2021, going from about $1,081 per month to roughly $1,459 today. Household income in the area moved from $83,608 to $93,188 across the same window, up 11.5% versus 2021. Rent outpaced income growth by roughly 23.5 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 32,945 to 33,804 between 2021 and 2024, a 2.6% change. About 41.6% of households rent today, against 43.2% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 68123 in Bellevue, NE look reasonable against where the market sat half a decade ago.

Community

Discussions about ZIP 68123

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 68123

About renting in ZIP 68123

Last updated: July 20, 2026

ZIP code 68123 covers Bellevue, NE. The median rent here is $1,459/mo as of July 2026. A 1-bedroom rents for a median of $1,280/mo. A 2-bedroom rents for a median of $1,530/mo.

At 19% of local median household income ($93,188/yr), ZIP 68123 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 68123?

As of July 20, 2026, the median monthly rent in ZIP 68123 (Bellevue, NE) is $1,459. This is based on aggregated data from public sources and community submissions.

How does ZIP 68123 rent compare to the US average?

ZIP 68123's median rent of $1,459/mo is $506 (26%) below the US national median of $1,965/mo.

How does ZIP 68123 compare to other ZIPs in Nebraska?

ZIP 68123 falls in the middle range for Nebraska, ranking #22 out of 53 ZIPs at $1,459/mo.

How much income do you need to rent in ZIP 68123?

To keep rent at or below 30% of gross income, you would need to earn at least $58,000/year (~$28/hour full-time) to afford the median rent of $1,459/mo in ZIP 68123. The local median household income is $93,188/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 68123?

Rent in ZIP 68123 has increased 2.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 68123 an affordable place to rent?

ZIP 68123 is considered very affordable for renters. At $1,459/mo, rent takes approximately 19% of the local median household income ($93,188/yr). The standard benchmark is 30%. ZIP 68123 falls comfortably within that range.

What percentage of ZIP 68123 residents rent vs. own?

According to Census data, approximately 41.6% of ZIP 68123 households are renters, while 58.4% are owner-occupied. ZIP 68123 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 68123 compare to the rest of Bellevue?

ZIP 68123 is pricier than Bellevue as a whole. At $1,459/mo, it's $75 above the Bellevue citywide median of $1,384/mo.

When was rent data for ZIP 68123 last updated?

Rent data for ZIP 68123 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
19%
VERY AFFORDABLE

At $1,459/mo, rent takes ~19% of ZIP 68123's median household income ($93,188/yr). The standard benchmark is 30%.

ZIP 68123 19%Benchmark 30%
State income tax2.46–5.84%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 68123 (Bellevue, NE)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.