Housing market/Nebraska/ZIP 68106

ACS 2023 · FY2027 SAFMR

ZIP 68106 Omaha, Nebraska

Omaha-Council Bluffs, NE-IA HUD Metro FMR Area · Nebraska. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
21,928
Households
10,454
Median HH income
$70,649
Renter share
45.2%
Median gross rent
$1,234
Vacancy
4.4%
Pop. change
+8.8%
2BR SAFMR
$1,590
SAFMR / rent
1.288×
2–49 unit stock
2,212
LIHTC proj / units
2 / 317
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 68106 · NE — sent to you.

ZIP 68106 · NE

ACS median rent$1,234
2BR SAFMR$1,590
90% floor$1,431
110% ceiling$1,749

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 68106

  • 1-unit detached6,70861.3%
  • 1-unit attached4604.2%
  • 2–4 units2742.5%
  • 5–49 units1,93817.7%
  • 50+ units1,35512.4%
  • Mobile2001.8%
TypeUnitsShare
1-unit detached6,70861.3%
1-unit attached4604.2%
2 units (duplex)2322.1%
3–4 units420.4%
5–9 units6205.7%
10–19 units7336.7%
20–49 units5855.3%
50+ units1,35512.4%
Mobile2001.8%

2–4 unit share 2.5% · 5–49 unit share 17.7% · combined 2–49 20.2%.

Units by bedrooms

Studio
566
1BR
1,795
2BR
3,569
3BR
3,810
4BR
1,065
5+
130

Rent burden

Rent ≥30% of income40.8%
Rent ≥50% of income21.8%
  • ACS median gross rent $1,234 (all bedrooms, occupied rentals).
  • Median contract rent $1,090.
  • Renters paying ≥30% of income 40.8%; ≥50% 21.8%.
  • FY2027 2BR SAFMR $1,590 (1.288× ACS median gross rent).

Population

21,928 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +8.8%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 2 projects, 317 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 2,071 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 68106 45.2% of occupied households are renters; vacancy is 4.4%; ACS median gross rent is $1,234; population increased +8.8% between the 2018 and 2023 ACS vintages; the housing stock includes 274 units in 2–4-unit structures and 1,938 units in 5–49-unit structures; 2 LIHTC projects totaling 317 units; FY2027 2BR SAFMR is $1,590 versus ACS median gross rent of $1,234. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Nebraska research

ZIP 68106 is a Census / HUD profile for Omaha-Council Bluffs, NE-IA, NE. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Nebraska research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 68106?

ZIP 68106 (Omaha-Council Bluffs, NE-IA HUD Metro FMR Area) has 21,928 residents, 10,454 households, a renter share of 45.2%, median household income of $70,649, and ACS 2023 median gross rent of $1,234. Vacancy is 4.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 68106?

ACS counts 232 units in 2-unit buildings, 42 in 3–4 unit buildings, 620 in 5–9, 733 in 10–19, and 585 in 20–49. Combined 2–49 unit stock is 2,212 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 68106?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,590. See the full schedule and 90–110% payment-standard band on the ZIP 68106 — Omaha, NE HUD Section 8 Payment Standards / SAFMR.

Does this Nebraska ZIP profile include Georgia listings?

No. ZIP 68106 is Census / HUD research for Omaha-Council Bluffs, NE-IA HUD Metro FMR Area. Jeff Crowe CRE does not list Nebraska property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.