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ZIP Code · NE

ZIP 68520

Part of Lincoln, NE
Pop. 2,762·Lancaster County·20th most expensive ZIP in Nebraska
Median rent (all units)
$1,469/mo
Year-over-Year
Stable
Month-over-Month
+6.8%
vs US Median
-$461
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 68520 · $1,469
More affordable than 75% of US ZIP codes · National median $1,930/mo
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Medians by bedroom

Rent by unit size

Studio
$1,240
1 BR
$1,350
2 BR
$1,660
3 BR
$2,310
4 BR+
$2,490
Research median
$1,660/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
$17,628/yr
At $1,469/mo median
Location
StateNE
CountyLancaster County
Demographics

Who lives here

ZIP 68520 (Lincoln, NE) is majority owner-occupied, has a large retiree population, has a median income above the national average, 51.6% of residents hold a bachelor's degree or higher.

Population
2,762
Median income
$94,244
Median age
56
Renters
26.9%
Age distribution
20.5%
17%
22.2%
28.3%
Under 1820.5%
18–3411.9%
35–5417%
55–6422.2%
65+28.3%
Gender
51.5%
48.5%
Male51.5%
Female48.5%
Race & ethnicity
94%
White94%
Hispanic1.9%
Asian1.1%
Other2.6%
Education (25+)
17.5%
25.6%
51.6%
No HS diploma5.2%
HS diploma17.5%
Some college25.6%
Bachelor's+51.6%
Housing tenure
73.1%
26.9%
Owner73.1%
Renter26.9%

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

2021 vs 2026

How ZIP 68520 in Lincoln, NE has changed in 5 years

Income
$98,750 → $94,244
down 4.6%
Population
1,731 → 2,762
up 59.6%
Renter share
14.1% → 26.9%
+12.8 pts
Bachelor's+
49.3% → 51.6%
+2.3 pts
Median age
60.6 → 56
-4.6 yrs

Household income in the area moved from $98,750 to $94,244 across the same window, down 4.6% versus 2021. The population has grown by 59.6% since 2021, moving from about 1,731 residents to roughly 2,762. Renters now make up 26.9% of households, compared with 14.1% five years ago. College-educated residents now make up 51.6% of adults here, versus 49.3% in 2021.

Community

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Local insights

Tips for renters in ZIP 68520

About renting in ZIP 68520

Last updated: May 18, 2026

ZIP code 68520 covers Lincoln, NE. The median rent here is $1,469/mo as of May 2026. A 1-bedroom rents for a median of $1,350/mo. A 2-bedroom rents for a median of $1,660/mo.

At 19% of local median household income ($94,244/yr), ZIP 68520 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 68520?

As of May 18, 2026, the median monthly rent in ZIP 68520 (Lincoln, NE) is $1,469. This is based on aggregated data from public sources and community submissions.

How does ZIP 68520 rent compare to the US average?

ZIP 68520's median rent of $1,469/mo is $461 (24%) below the US national median of $1,930/mo.

How does ZIP 68520 compare to other ZIPs in Nebraska?

ZIP 68520 falls in the middle range for Nebraska, ranking #20 out of 51 ZIPs at $1,469/mo.

How much income do you need to rent in ZIP 68520?

To keep rent at or below 30% of gross income, you would need to earn at least $59,000/year (~$28/hour full-time) to afford the median rent of $1,469/mo in ZIP 68520. The local median household income is $94,244/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 68520?

Rent in ZIP 68520 has been relatively stable over the past year, with a 0.0% change year over year as of May 18, 2026.

Is ZIP 68520 an affordable place to rent?

ZIP 68520 is considered very affordable for renters. At $1,469/mo, rent takes approximately 19% of the local median household income ($94,244/yr). The standard benchmark is 30%. ZIP 68520 falls comfortably within that range.

What percentage of ZIP 68520 residents rent vs. own?

According to Census data, approximately 26.9% of ZIP 68520 households are renters, while 73.1% are owner-occupied. ZIP 68520 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 68520 compare to the rest of Lincoln?

ZIP 68520 is pricier than Lincoln as a whole. At $1,469/mo, it's $131 above the Lincoln citywide median of $1,338/mo.

When was rent data for ZIP 68520 last updated?

Rent data for ZIP 68520 reflects May 18, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Affordability
19%
VERY AFFORDABLE

At $1,469/mo, rent takes ~19% of ZIP 68520's median household income ($94,244/yr). The standard benchmark is 30%.

ZIP 68520 19%Benchmark 30%
State income tax2.46–5.84%
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Schools nearby

Public schools near ZIP 68520 (Lincoln, NE)

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