ZIP Code · NE

ZIP 68154

Part of Omaha, NE
Pop. 24,060·Douglas County·44th most expensive ZIP in Nebraska
Median rent (all units)
$1,246/mo
Year-over-Year
+4.9%
Month-over-Month
-0.9%
vs US Median
-$719
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 68154 · $1,246
More affordable than 90% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,090
1 BR
$1,150
2 BR
$1,370
3 BR
$1,820
4 BR+
$2,050
Research median
$1,370/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
$14,952/yr
At $1,246/mo median
Location
CityOmaha
StateNE
CountyDouglas County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.9% YoY, -0.9% MoM), not inventory.
Demographics

Who lives here

ZIP 68154 (Omaha, NE) is majority owner-occupied, 54.1% of residents hold a bachelor's degree or higher.

Population
24,060
Median income
$81,385
Median age
38.3
Renters
42.9%
Age distribution
21.2%
23.7%
23.9%
19.6%
Under 1821.2%
18–3423.7%
35–5423.9%
55–6411.5%
65+19.6%
Gender
48.7%
51.3%
Male48.7%
Female51.3%
Race & ethnicity
81.6%
White81.6%
Black5.9%
Hispanic5%
Asian3.5%
Other4%
Education (25+)
15.4%
28.8%
54.1%
No HS diploma1.7%
HS diploma15.4%
Some college28.8%
Bachelor's+54.1%
Housing tenure
57.1%
42.9%
Owner57.1%
Renter42.9%

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

2021 vs 2026

How ZIP 68154 in Omaha, NE has changed in 5 years

Rent
$969 → $1,246
up 28.6%
Income
$75,372 → $81,385
up 8.0%
Population
23,015 → 24,060
up 4.5%
Renter share
40.1% → 42.9%
+2.8 pts
Bachelor's+
50.8% → 54.1%
+3.3 pts

The median rent in ZIP 68154 in Omaha, NE stood at $969 in 2021 and currently runs about $1,246, reflecting a 28.6% increase over the period. On the earnings side, the typical household in ZIP 68154 in Omaha, NE now reports about $81,385, up from $75,372 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 4.5% since 2021, moving from about 23,015 residents to roughly 24,060. Renters now make up 42.9% of households, compared with 40.1% five years ago. College-educated residents now make up 54.1% of adults here, versus 50.8% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 68154 in Omaha, NE reflects that arc in its own way.

Community

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Local insights

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About renting in ZIP 68154

Last updated: July 20, 2026

ZIP code 68154 covers Omaha, NE. The median rent here is $1,246/mo as of July 2026. A 1-bedroom rents for a median of $1,150/mo. A 2-bedroom rents for a median of $1,370/mo.

At 18% of local median household income ($81,385/yr), ZIP 68154 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 68154?

As of July 20, 2026, the median monthly rent in ZIP 68154 (Omaha, NE) is $1,246. This is based on aggregated data from public sources and community submissions.

How does ZIP 68154 rent compare to the US average?

ZIP 68154's median rent of $1,246/mo is $719 (37%) below the US national median of $1,965/mo.

How does ZIP 68154 compare to other ZIPs in Nebraska?

ZIP 68154 is among the more affordable ZIP codes in Nebraska, ranking #44 out of 53 ZIPs at $1,246/mo.

How much income do you need to rent in ZIP 68154?

To keep rent at or below 30% of gross income, you would need to earn at least $50,000/year (~$24/hour full-time) to afford the median rent of $1,246/mo in ZIP 68154. The local median household income is $81,385/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 68154?

Rent in ZIP 68154 has increased 4.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 68154 an affordable place to rent?

ZIP 68154 is considered very affordable for renters. At $1,246/mo, rent takes approximately 18% of the local median household income ($81,385/yr). The standard benchmark is 30%. ZIP 68154 falls comfortably within that range.

What percentage of ZIP 68154 residents rent vs. own?

According to Census data, approximately 42.9% of ZIP 68154 households are renters, while 57.1% are owner-occupied. ZIP 68154 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 68154 compare to the rest of Omaha?

ZIP 68154 is more affordable than Omaha overall. At $1,246/mo, it's $207 below the Omaha citywide median of $1,453/mo.

When was rent data for ZIP 68154 last updated?

Rent data for ZIP 68154 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
18%
VERY AFFORDABLE

At $1,246/mo, rent takes ~18% of ZIP 68154's median household income ($81,385/yr). The standard benchmark is 30%.

ZIP 68154 18%Benchmark 30%
State income tax2.46–5.84%
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