ZIP 68132
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 68132 usually run 1.9% below trend in December and 1.3% above it in June, about $39 a month apart at today's median. Based on 9 years of data.
Rent in ZIP 68132 is 1.5% below its high of $1,223 in January 2026, at $1,205 as of September 2026.
Rent in ZIP 68132 changed +1.0% over the year to September 2026. Across the 47 Nebraska ZIP codes Zillow tracks, the typical change was +2.3%.
From 2019 to 2024, rent in ZIP 68132 rose 40.6% while median household income rose 6.3% ($64,206 to $68,221). Rent outpaced income.
Rent in ZIP 68132 is 45.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 7 of the last 12 months.
30% of the median household income ($68,221) is $1,706 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,560); a 4-bedroom is $1,760.
4th cheapest of 24 ZIP codes in Omaha.
ZIP 68134, 4 miles away, rents for 14% less ($1,033/mo), about $2,100 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 68132. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Who lives here
ZIP 68132 (Omaha, NE) is majority owner-occupied, 61.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 68132 in Omaha, NE has changed in 5 years
The median rent in ZIP 68132 in Omaha, NE stood at $891 in 2021 and currently runs about $1,205, reflecting a 35.2% increase over the period. Median household income slipped from $73,072 to $68,221 between 2021 and 2024, a 6.6% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 2.7% since 2021, moving from about 14,341 residents to roughly 13,960. Taken together, the five-year picture in ZIP 68132 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.
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Tips for renters in ZIP 68132
Last updated: October 17, 2026
ZIP code 68132 covers Omaha, NE. The median rent here is $1,205/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 21% of local median household income ($68,221/yr), ZIP 68132 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.0% over the past year.
Frequently asked questions
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How does ZIP 68132 compare to other ZIPs in Nebraska?
How does ZIP 68132 compare to the rest of Omaha?
At $1,205/mo, rent takes ~21% of ZIP 68132's median household income ($68,221/yr). The standard benchmark is 30%.
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