ZIP Code · NE

ZIP 68803

Part of Grand Island, NE

Pop. 25,534·Hall County·30th most expensive ZIP in Nebraska

Median rent (all units)

$1,329/mo

Year-over-Year

+2.0%

Month-over-Month

Stable

vs US Median

-$603

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 68803 · $1,329

More affordable than 85% of US ZIP codes · National median $1,932/mo

Rent check

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$870

1 BR

$980

2 BR

$1,220

3 BR

$1,540

4 BR+

$2,010

Research median

$1,220/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

Past year vs. the rest of Nebraska

Rent in ZIP 68803 changed +2.0% over the year to September 2026. Across the 47 Nebraska ZIP codes Zillow tracks, the typical change was +2.3%.

What a typical income covers

30% of the median household income ($73,463) is $1,837 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,540); a 4-bedroom is $2,010.

From Zillow's monthly rent index (ZORI) for ZIP 68803. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$15,948/yr

At $1,329/mo median

Location

CityGrand Island

StateNE

CountyHall County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.0% YoY, +0.0% MoM), not inventory.

Demographics

Who lives here

ZIP 68803 (Grand Island, NE) is majority owner-occupied, has a large share of families with children, 25.7% of residents hold a bachelor's degree or higher.

Population

25,534

Median income

$73,463

Median age

41.9

Renters

37.1%

Age distribution

25.2%

17.1%

24.8%

12.8%

20%

Under 1825.2%

18–3417.1%

35–5424.8%

55–6412.8%

65+20%

Gender

48.2%

51.8%

Male48.2%

Female51.8%

Race & ethnicity

75.5%

23%

White75.5%

Black2.7%

Hispanic23%

Asian1.7%

Education (25+)

12.2%

30.7%

31.4%

25.7%

No HS diploma12.2%

HS diploma30.7%

Some college31.4%

Bachelor's+25.7%

Housing tenure

62.9%

37.1%

Owner62.9%

Renter37.1%

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

2021 vs 2026

How ZIP 68803 in Grand Island, NE has changed in 5 years

Income

$64,152 → $73,463

up 14.5%

Population

25,966 → 25,534

down 1.7%

Renter share

35.6% → 37.1%

+1.5 pts

Bachelor's+

25% → 25.7%

+0.7 pts

Median age

40.3 → 41.9

+1.6 yrs

On the earnings side, the typical household in ZIP 68803 in Grand Island, NE now reports about $73,463, up from $64,152 in 2021. The population has contracted by 1.7% since 2021, moving from about 25,966 residents to roughly 25,534. Renters now make up 37.1% of households, compared with 35.6% five years ago.

Community

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Local insights

Tips for renters in ZIP 68803

About renting in ZIP 68803

Last updated: October 17, 2026

ZIP code 68803 covers Grand Island, NE. The median rent here is $1,329/mo as of October 2026. A 1-bedroom rents for a median of $980/mo. A 2-bedroom rents for a median of $1,220/mo.

At 22% of local median household income ($73,463/yr), ZIP 68803 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 68803?

To keep rent at or below 30% of gross income, you would need to earn at least $53,000/year (about $25/hour full-time) to afford the median rent of $1,329/mo in ZIP 68803. The local median household income is $73,463/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 68803?

Rent in ZIP 68803 has risen 2.0% over the past year.

How does ZIP 68803 compare to other ZIPs in Nebraska?

ZIP 68803 is in the middle among Nebraska ZIP codes for rent, ranking #30 of 52 at $1,329/mo. Over the year to September 2026, rent in ZIP 68803 changed +2.0%, against a typical +2.3% across the 47 Nebraska ZIP codes Zillow tracks.