RentDataNowRentDataNow
ZIP Code · NE

ZIP 68131

Part of Omaha, NE
Pop. 14,809·Douglas County·20th most expensive ZIP in Nebraska
Median rent (all units)
$1,495/mo
Year-over-Year
+1.6%
Month-over-Month
-3.7%
vs US Median
-$470
Falling (Monthly)
Be the first to discuss 68131 rents ↓
Most AffordableMost Expensive
ZIP 68131 · $1,495
More affordable than 74% 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
$1,020
1 BR
$1,070
2 BR
$1,280
3 BR
$1,700
4 BR+
$1,910
Research median
$1,280/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
$17,940/yr
At $1,495/mo median
Location
CityOmaha
StateNE
CountyDouglas County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 1.6% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+1.6% YoY, -3.7% MoM), not inventory.
Demographics

Who lives here

ZIP 68131 (Omaha, NE) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 48.3% of residents hold a bachelor's degree or higher.

Population
14,809
Median income
$48,925
Median age
29
Renters
75.6%
Age distribution
15.7%
48.5%
16.6%
Under 1815.7%
18–3448.5%
35–5416.6%
55–649%
65+10.2%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
58.6%
20.5%
12.3%
White58.6%
Black20.5%
Hispanic12.3%
Asian6.6%
Other2%
Education (25+)
19.9%
22.6%
48.3%
No HS diploma9.2%
HS diploma19.9%
Some college22.6%
Bachelor's+48.3%
Housing tenure
24.4%
75.6%
Owner24.4%
Renter75.6%

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

2021 vs 2026

How ZIP 68131 in Omaha, NE has changed in 5 years

Rent
$1,137 → $1,495
up 31.5%
Income
$43,975 → $48,925
up 11.3%
Population
13,497 → 14,809
up 9.7%
Renter share
74.4% → 75.6%
+1.2 pts
Bachelor's+
41.6% → 48.3%
+6.7 pts

Compared with 2021, rent in ZIP 68131 in Omaha, NE has climbed by $358 per month, settling near $1,495 after starting the period at $1,137. Median household income grew from $43,975 to $48,925 between 2021 and 2024, a 11.3% shift. Rent outpaced income growth by roughly 20.2 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 13,497 to 14,809 between 2021 and 2024, a 9.7% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 41.6% to 48.3%. Taken together, the five-year picture in ZIP 68131 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.

Community

Discussions about ZIP 68131

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 68131

About renting in ZIP 68131

Last updated: July 20, 2026

ZIP code 68131 covers Omaha, NE. The median rent here is $1,495/mo as of July 2026. A 1-bedroom rents for a median of $1,070/mo. A 2-bedroom rents for a median of $1,280/mo.

At 37% of local median household income ($48,925/yr), ZIP 68131 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 68131?

As of July 20, 2026, the median monthly rent in ZIP 68131 (Omaha, NE) is $1,495. This is based on aggregated data from public sources and community submissions.

How does ZIP 68131 rent compare to the US average?

ZIP 68131's median rent of $1,495/mo is $470 (24%) below the US national median of $1,965/mo.

How does ZIP 68131 compare to other ZIPs in Nebraska?

ZIP 68131 falls in the middle range for Nebraska, ranking #20 out of 53 ZIPs at $1,495/mo.

How much income do you need to rent in ZIP 68131?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (~$29/hour full-time) to afford the median rent of $1,495/mo in ZIP 68131. The local median household income is $48,925/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 68131?

Rent in ZIP 68131 has increased 1.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 68131 an affordable place to rent?

ZIP 68131 is considered moderate for renters. At $1,495/mo, rent takes approximately 37% of the local median household income ($48,925/yr). The standard benchmark is 30%. ZIP 68131 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 68131 residents rent vs. own?

According to Census data, approximately 75.6% of ZIP 68131 households are renters, while 24.4% are owner-occupied. With a majority renter population, ZIP 68131 has a strong rental market.

How does ZIP 68131 compare to the rest of Omaha?

ZIP 68131 is pricier than Omaha as a whole. At $1,495/mo, it's $42 above the Omaha citywide median of $1,453/mo.

When was rent data for ZIP 68131 last updated?

Rent data for ZIP 68131 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
37%
MODERATE

At $1,495/mo, rent takes ~37% of ZIP 68131's median household income ($48,925/yr). The standard benchmark is 30%.

ZIP 68131 37%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 68131 (Omaha, NE)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.