ZIP Code · NE

ZIP 68138

Part of Omaha, NE
Pop. 11,713·Sarpy County·25th most expensive ZIP in Nebraska
Median rent (all units)
$1,435/mo
Year-over-Year
-2.5%
Month-over-Month
-5.2%
vs US Median
-$530
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 68138 · $1,435
More affordable than 78% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,050
1 BR
$1,110
2 BR
$1,320
3 BR
$1,750
4 BR+
$1,970
Research median
$1,320/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: July 20, 2026

Annual cost
$17,220/yr
At $1,435/mo median
Location
CityOmaha
StateNE
CountySarpy County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 2.5% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-2.5% YoY, -5.2% MoM), not inventory.
Demographics

Who lives here

ZIP 68138 (Omaha, NE) is majority owner-occupied, 37.4% of residents hold a bachelor's degree or higher.

Population
11,713
Median income
$86,007
Median age
34.2
Renters
33%
Age distribution
21.3%
29.6%
26.3%
12.6%
Under 1821.3%
18–3429.6%
35–5426.3%
55–6412.6%
65+10.2%
Gender
51.2%
48.8%
Male51.2%
Female48.8%
Race & ethnicity
86.6%
White86.6%
Hispanic9.7%
Asian1.1%
Other2.2%
Education (25+)
22.3%
36.9%
37.4%
No HS diploma3.4%
HS diploma22.3%
Some college36.9%
Bachelor's+37.4%
Housing tenure
67%
33%
Owner67%
Renter33%

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

2021 vs 2026

How ZIP 68138 in Omaha, NE has changed in 5 years

Income
$83,093 → $86,007
up 3.5%
Population
11,552 → 11,713
up 1.4%
Renter share
24.4% → 33%
+8.6 pts
Bachelor's+
37.6% → 37.4%
-0.2 pts
Median age
35.1 → 34.2
-0.9 yrs

Census figures show median household income at $86,007 today, compared with $83,093 five years earlier. Census counts show ZIP 68138 in Omaha, NE adding about 161 residents over the five-year window, up 1.4% on net. The renter share has risen from 24.4% to 33%, with owner-occupied housing accounting for the remainder.

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Local insights

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About renting in ZIP 68138

Last updated: July 20, 2026

ZIP code 68138 covers Omaha, NE. The median rent here is $1,435/mo as of July 2026. A 1-bedroom rents for a median of $1,110/mo. A 2-bedroom rents for a median of $1,320/mo.

At 20% of local median household income ($86,007/yr), ZIP 68138 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 68138?

As of July 20, 2026, the median monthly rent in ZIP 68138 (Omaha, NE) is $1,435. This is based on aggregated data from public sources and community submissions.

How does ZIP 68138 rent compare to the US average?

ZIP 68138's median rent of $1,435/mo is $530 (27%) below the US national median of $1,965/mo.

How does ZIP 68138 compare to other ZIPs in Nebraska?

ZIP 68138 falls in the middle range for Nebraska, ranking #25 out of 53 ZIPs at $1,435/mo.

How much income do you need to rent in ZIP 68138?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (~$27/hour full-time) to afford the median rent of $1,435/mo in ZIP 68138. The local median household income is $86,007/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 68138?

Rent in ZIP 68138 has decreased 2.5% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 68138 an affordable place to rent?

ZIP 68138 is considered very affordable for renters. At $1,435/mo, rent takes approximately 20% of the local median household income ($86,007/yr). The standard benchmark is 30%. ZIP 68138 falls comfortably within that range.

What percentage of ZIP 68138 residents rent vs. own?

According to Census data, approximately 33% of ZIP 68138 households are renters, while 67% are owner-occupied. ZIP 68138 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 68138 compare to the rest of Omaha?

ZIP 68138 is more affordable than Omaha overall. At $1,435/mo, it's $18 below the Omaha citywide median of $1,453/mo.

When was rent data for ZIP 68138 last updated?

Rent data for ZIP 68138 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
20%
VERY AFFORDABLE

At $1,435/mo, rent takes ~20% of ZIP 68138's median household income ($86,007/yr). The standard benchmark is 30%.

ZIP 68138 20%Benchmark 30%
State income tax2.46–5.84%
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Schools nearby

Public schools near ZIP 68138 (Omaha, NE)

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