ZIP Code · NE

ZIP 68134

Part of Omaha, NE
Pop. 28,823·Douglas County·49th most expensive ZIP in Nebraska
Median rent (all units)
$1,033/mo
Year-over-Year
+1.1%
Month-over-Month
-0.4%
vs US Median
-$899
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 68134 · $1,033
More affordable than 97% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$762
1 BR
$806
2 BR
$958
3 BR
$1,270
4 BR+
$1,430
Research median
$958/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

Compared with the peak

Rent in ZIP 68134 is 0.9% below its high of $1,042 in June 2026, at $1,033 as of September 2026.

Past year vs. the rest of Nebraska

Rent in ZIP 68134 changed +1.1% over the year to September 2026. Across the 47 Nebraska ZIP codes Zillow tracks, the typical change was +2.3%.

Recent direction

Rent has fallen 3 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($66,989) is $1,675 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,320); a 3-bedroom is $1,750.

Rank in Omaha

1st cheapest of 24 ZIP codes in Omaha.

From Zillow's monthly rent index (ZORI) for ZIP 68134. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$12,396/yr
At $1,033/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 (+1.1% YoY, -0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 68134 (Omaha, NE) is majority owner-occupied, has a large share of families with children, 29.5% of residents hold a bachelor's degree or higher.

Population
28,823
Median income
$66,989
Median age
34.7
Renters
44.5%
Age distribution
25.2%
25.2%
22.5%
12.6%
14.5%
Under 1825.2%
18–3425.2%
35–5422.5%
55–6412.6%
65+14.5%
Gender
48.7%
51.3%
Male48.7%
Female51.3%
Race & ethnicity
69.4%
13%
White69.4%
Black13%
Hispanic10.2%
Asian2.6%
Other4.7%
Education (25+)
24.9%
41.5%
29.5%
No HS diploma4.2%
HS diploma24.9%
Some college41.5%
Bachelor's+29.5%
Housing tenure
55.5%
44.5%
Owner55.5%
Renter44.5%

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

2022 vs 2026

How ZIP 68134 in Omaha, NE has changed in 5 years

Rent
$859 → $1,033
up 20.3%
Income
$59,523 → $66,989
up 12.5%
Population
30,212 → 28,823
down 4.6%
Renter share
45.7% → 44.5%
-1.2 pts
Bachelor's+
30.4% → 29.5%
-0.9 pts
Median age
35.5 → 34.7
-0.8 yrs

The median rent in ZIP 68134 in Omaha, NE stood at $859 in 2022 and currently runs about $1,033, reflecting a 20.3% increase over the period. Census figures show median household income at $66,989 today, compared with $59,523 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 4.6% since 2021, moving from about 30,212 residents to roughly 28,823. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

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Local insights

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About renting in ZIP 68134

Last updated: October 17, 2026

ZIP code 68134 covers Omaha, NE. The median rent here is $1,033/mo as of October 2026. A 1-bedroom rents for a median of $806/mo. A 2-bedroom rents for a median of $958/mo.

At 19% of local median household income ($66,989/yr), ZIP 68134 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 68134?

To keep rent at or below 30% of gross income, you would need to earn at least $41,000/year (about $20/hour full-time) to afford the median rent of $1,033/mo in ZIP 68134. The local median household income is $66,989/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 68134?

Rent in ZIP 68134 has risen 1.1% over the past year as of September 2026. It sits 0.9% below its high of $1,042 in June 2026.

How does ZIP 68134 compare to other ZIPs in Nebraska?

ZIP 68134 is one of the more affordable among Nebraska ZIP codes for rent, ranking #49 of 52 at $1,033/mo. Over the year to September 2026, rent in ZIP 68134 changed +1.1%, against a typical +2.3% across the 47 Nebraska ZIP codes Zillow tracks.

How does ZIP 68134 compare to the rest of Omaha?

At $1,033/mo, ZIP 68134 is $356 below the Omaha citywide median of $1,389/mo. It is the 1st cheapest of 24 ZIP codes in Omaha.
Income Affordability
19%
VERY AFFORDABLE

At $1,033/mo, rent takes ~19% of ZIP 68134's median household income ($66,989/yr). The standard benchmark is 30%.

ZIP 68134 19%Benchmark 30%
State income tax2.46–5.84%
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Schools nearby

Public schools near ZIP 68134 (Omaha, NE)

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