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ZIP Code · NE

ZIP 68850

Pop. 12,428·Dawson County·34th most expensive ZIP in Nebraska
Median rent (all units)
$1,319/mo
Year-over-Year
Stable
Month-over-Month
-1.0%
vs US Median
-$646
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 68850 · $1,319
More affordable than 86% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$720
1 BR
$920
2 BR
$1,040
3 BR
$1,320
4 BR+
$1,380
Research median
$1,040/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
$15,828/yr
At $1,319/mo median
Location
StateNE
CountyDawson County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -1.0% MoM), not inventory.
Demographics

Who lives here

ZIP 68850 (Lexington, NE) is majority owner-occupied, has a large share of families with children, 14.9% of residents hold a bachelor's degree or higher.

Population
12,428
Median income
$69,238
Median age
32
Renters
40.5%
Age distribution
33.2%
21.6%
26.9%
Under 1833.2%
18–3421.6%
35–5426.9%
55–648.2%
65+10.1%
Gender
52.7%
47.3%
Male52.7%
Female47.3%
Race & ethnicity
31.8%
13.6%
60.6%
White31.8%
Black13.6%
Hispanic60.6%
Asian1.1%
Education (25+)
36.4%
26.5%
22.2%
14.9%
No HS diploma36.4%
HS diploma26.5%
Some college22.2%
Bachelor's+14.9%
Housing tenure
59.5%
40.5%
Owner59.5%
Renter40.5%

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

2021 vs 2026

How ZIP 68850 in Lexington, NE has changed in 5 years

Income
$57,848 → $69,238
up 19.7%
Population
12,171 → 12,428
up 2.1%
Renter share
41.2% → 40.5%
-0.7 pts
Bachelor's+
14.8% → 14.9%
+0.1 pts
Median age
31.2 → 32
+0.8 yrs

Census figures show median household income at $69,238 today, compared with $57,848 five years earlier. Census counts show ZIP 68850 in Lexington, NE adding about 257 residents over the five-year window, up 2.1% on net.

Community

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Local insights

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About renting in ZIP 68850

Last updated: July 20, 2026

ZIP code 68850 covers Lexington, NE. The median rent here is $1,319/mo as of July 2026. A 1-bedroom rents for a median of $920/mo. A 2-bedroom rents for a median of $1,040/mo.

At 23% of local median household income ($69,238/yr), ZIP 68850 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 68850?

As of July 20, 2026, the median monthly rent in ZIP 68850 (Lexington, NE) is $1,319. This is based on aggregated data from public sources and community submissions.

How does ZIP 68850 rent compare to the US average?

ZIP 68850's median rent of $1,319/mo is $646 (33%) below the US national median of $1,965/mo.

How does ZIP 68850 compare to other ZIPs in Nebraska?

ZIP 68850 falls in the middle range for Nebraska, ranking #34 out of 53 ZIPs at $1,319/mo.

How much income do you need to rent in ZIP 68850?

To keep rent at or below 30% of gross income, you would need to earn at least $53,000/year (~$25/hour full-time) to afford the median rent of $1,319/mo in ZIP 68850. The local median household income is $69,238/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 68850?

Rent in ZIP 68850 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 68850 an affordable place to rent?

ZIP 68850 is considered very affordable for renters. At $1,319/mo, rent takes approximately 23% of the local median household income ($69,238/yr). The standard benchmark is 30%. ZIP 68850 falls comfortably within that range.

What percentage of ZIP 68850 residents rent vs. own?

According to Census data, approximately 40.5% of ZIP 68850 households are renters, while 59.5% are owner-occupied. ZIP 68850 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 68850 compare to the rest of Lexington?

ZIP 68850 sits right at the Lexington citywide median of $1,319/mo.

When was rent data for ZIP 68850 last updated?

Rent data for ZIP 68850 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $1,319/mo, rent takes ~23% of ZIP 68850's median household income ($69,238/yr). The standard benchmark is 30%.

ZIP 68850 23%Benchmark 30%
State income tax2.46–5.84%
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Schools nearby

Public schools near ZIP 68850 (Lexington, NE)

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