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ZIP Code · NE

ZIP 68507

Part of Lincoln, NE
Pop. 16,029·Lancaster County·9th most expensive ZIP in Nebraska
Median rent (all units)
$1,693/mo
Year-over-Year
Stable
Month-over-Month
-2.8%
vs US Median
-$237
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 68507 · $1,693
More affordable than 58% of US ZIP codes · National median $1,930/mo
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Medians by bedroom

Rent by unit size

Studio
$760
1 BR
$830
2 BR
$1,020
3 BR
$1,420
4 BR+
$1,530
Research median
$1,020/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: May 18, 2026

Annual cost
$20,316/yr
At $1,693/mo median
Location
StateNE
CountyLancaster County
Demographics

Who lives here

ZIP 68507 (Lincoln, NE) is majority owner-occupied, has a large retiree population, 30.3% of residents hold a bachelor's degree or higher.

Population
16,029
Median income
$69,488
Median age
38.5
Renters
33.5%
Age distribution
21.1%
24.6%
23.4%
20.4%
Under 1821.1%
18–3424.6%
35–5423.4%
55–6410.5%
65+20.4%
Gender
52.6%
47.4%
Male52.6%
Female47.4%
Race & ethnicity
85.2%
White85.2%
Black1.8%
Hispanic9.7%
Asian1.7%
Other1.7%
Education (25+)
23.2%
39.9%
30.3%
No HS diploma6.6%
HS diploma23.2%
Some college39.9%
Bachelor's+30.3%
Housing tenure
66.5%
33.5%
Owner66.5%
Renter33.5%

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

2021 vs 2026

How ZIP 68507 in Lincoln, NE has changed in 5 years

Income
$61,895 → $69,488
up 12.3%
Population
15,044 → 16,029
up 6.5%
Renter share
30.9% → 33.5%
+2.6 pts
Bachelor's+
30.4% → 30.3%
-0.1 pts
Median age
37.4 → 38.5
+1.1 yrs

On the earnings side, the typical household in ZIP 68507 in Lincoln, NE now reports about $69,488, up from $61,895 in 2021. Headcount in the area went from 15,044 to 16,029 between 2021 and 2024, a 6.5% change. About 33.5% of households rent today, against 30.9% in 2021.

Community

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Local insights

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About renting in ZIP 68507

Last updated: May 18, 2026

ZIP code 68507 covers Lincoln, NE. The median rent here is $1,693/mo as of May 2026. A 1-bedroom rents for a median of $830/mo. A 2-bedroom rents for a median of $1,020/mo.

At 29% of local median household income ($69,488/yr), ZIP 68507 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 68507?

As of May 18, 2026, the median monthly rent in ZIP 68507 (Lincoln, NE) is $1,693. This is based on aggregated data from public sources and community submissions.

How does ZIP 68507 rent compare to the US average?

ZIP 68507's median rent of $1,693/mo is $237 (12%) below the US national median of $1,930/mo.

How does ZIP 68507 compare to other ZIPs in Nebraska?

ZIP 68507 is one of the pricier ZIP codes in Nebraska, ranking #9 out of 51 ZIPs tracked at $1,693/mo.

How much income do you need to rent in ZIP 68507?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (~$33/hour full-time) to afford the median rent of $1,693/mo in ZIP 68507. The local median household income is $69,488/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 68507?

Rent in ZIP 68507 has been relatively stable over the past year, with a 0.1% change year over year as of May 18, 2026.

Is ZIP 68507 an affordable place to rent?

ZIP 68507 is considered affordable for renters. At $1,693/mo, rent takes approximately 29% of the local median household income ($69,488/yr). The standard benchmark is 30%. ZIP 68507 falls comfortably within that range.

What percentage of ZIP 68507 residents rent vs. own?

According to Census data, approximately 33.5% of ZIP 68507 households are renters, while 66.5% are owner-occupied. ZIP 68507 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 68507 compare to the rest of Lincoln?

ZIP 68507 is pricier than Lincoln as a whole. At $1,693/mo, it's $355 above the Lincoln citywide median of $1,338/mo.

When was rent data for ZIP 68507 last updated?

Rent data for ZIP 68507 reflects May 18, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Affordability
29%
AFFORDABLE

At $1,693/mo, rent takes ~29% of ZIP 68507's median household income ($69,488/yr). The standard benchmark is 30%.

ZIP 68507 29%Benchmark 30%
State income tax2.46–5.84%
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Schools nearby

Public schools near ZIP 68507 (Lincoln, NE)

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