ZIP Code · NE

ZIP 68124

Part of Omaha, NE
Pop. 15,482·Douglas County·17th most expensive ZIP in Nebraska
Median rent (all units)
$1,511/mo
Year-over-Year
Stable
Month-over-Month
Stable
vs US Median
-$421
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 68124 · $1,511
More affordable than 72% of US ZIP codes · National median $1,932/mo
Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,150
1 BR
$1,210
2 BR
$1,440
3 BR
$1,910
4 BR+
$2,150
Research median
$1,440/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

What a typical income covers

30% of the median household income ($98,750) is $2,469 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,150).

Rank in Omaha

14th cheapest of 24 ZIP codes in Omaha.

Cheaper nearby

ZIP 68127, 2 miles away, rents for 23% less ($1,165/mo), about $4,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 68124. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$18,132/yr
At $1,511/mo median
Location
CityOmaha
StateNE
CountyDouglas County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, -0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 68124 (Omaha, NE) is majority owner-occupied, has a median income above the national average, 53.6% of residents hold a bachelor's degree or higher.

Population
15,482
Median income
$98,750
Median age
36.9
Renters
37.8%
Age distribution
24.2%
23.2%
23.1%
18.9%
Under 1824.2%
18–3423.2%
35–5423.1%
55–6410.6%
65+18.9%
Gender
50.5%
49.5%
Male50.5%
Female49.5%
Race & ethnicity
83.3%
White83.3%
Black4.1%
Hispanic7.7%
Asian3.1%
Other1.8%
Education (25+)
17.3%
26.9%
53.6%
No HS diploma2.3%
HS diploma17.3%
Some college26.9%
Bachelor's+53.6%
Housing tenure
62.2%
37.8%
Owner62.2%
Renter37.8%

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

2021 vs 2026

How ZIP 68124 in Omaha, NE has changed in 5 years

Income
$83,900 → $98,750
up 17.7%
Population
15,352 → 15,482
up 0.8%
Renter share
37.5% → 37.8%
+0.3 pts
Bachelor's+
53.7% → 53.6%
-0.1 pts
Median age
40.6 → 36.9
-3.7 yrs

Household income in the area moved from $83,900 to $98,750 across the same window, up 17.7% versus 2021.

Community

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Local insights

Tips for renters in ZIP 68124

About renting in ZIP 68124

Last updated: October 17, 2026

ZIP code 68124 covers Omaha, NE. The median rent here is $1,511/mo as of October 2026. A 1-bedroom rents for a median of $1,210/mo. A 2-bedroom rents for a median of $1,440/mo.

At 18% of local median household income ($98,750/yr), ZIP 68124 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 68124?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (about $29/hour full-time) to afford the median rent of $1,511/mo in ZIP 68124. The local median household income is $98,750/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 68124?

Rent in ZIP 68124 has been roughly flat over the past year, a 0.0% change.

How does ZIP 68124 compare to other ZIPs in Nebraska?

ZIP 68124 is one of the pricier among Nebraska ZIP codes for rent, ranking #17 of 52 at $1,511/mo.

How does ZIP 68124 compare to the rest of Omaha?

At $1,511/mo, ZIP 68124 is $122 above the Omaha citywide median of $1,389/mo. It is the 14th cheapest of 24 ZIP codes in Omaha.
Income Affordability
18%
VERY AFFORDABLE

At $1,511/mo, rent takes ~18% of ZIP 68124's median household income ($98,750/yr). The standard benchmark is 30%.

ZIP 68124 18%Benchmark 30%
State income tax2.46–5.84%
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Schools nearby

Public schools near ZIP 68124 (Omaha, NE)

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