Housing market/Nebraska/ZIP 68108
ZIP 68108 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.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 68108 · NE — sent to you.
ZIP 68108 · NE
ACS rent vs 2BR SAFMR
ZIP 68108 — Omaha, NE HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 68108
- 1-unit detached3,79262.3%
- 1-unit attached5959.8%
- 2–4 units4006.6%
- 5–49 units78412.9%
- 50+ units4918.1%
- Mobile220.4%
2–4 unit share 6.6% · 5–49 unit share 12.9% · combined 2–49 19.5%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,128 (all bedrooms, occupied rentals).
- Median contract rent $863.
- Renters paying ≥30% of income 47.2%; ≥50% 18.6%.
- FY2027 2BR SAFMR $1,450 (1.285× ACS median gross rent).
Population
14,036 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -8.5%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 18 projects, 478 units.
- HUD project-based assisted MF: 1 properties, 40 assisted units.
- 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 68108 48.8% of occupied households are renters; vacancy is 7.8%; ACS median gross rent is $1,128; population changed -8.5% between the 2018 and 2023 ACS vintages; the housing stock includes 400 units in 2–4-unit structures and 784 units in 5–49-unit structures; 18 LIHTC projects totaling 478 units; FY2027 2BR SAFMR is $1,450 versus ACS median gross rent of $1,128. 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 68108 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.
ZIP 68108 — Omaha, NE HUD Section 8 Payment Standards / SAFMR·Nebraska ZIP directory
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 68108?
ZIP 68108 (Omaha-Council Bluffs, NE-IA HUD Metro FMR Area) has 14,036 residents, 5,609 households, a renter share of 48.8%, median household income of $47,255, and ACS 2023 median gross rent of $1,128. Vacancy is 7.8%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 68108?
ACS counts 200 units in 2-unit buildings, 200 in 3–4 unit buildings, 156 in 5–9, 332 in 10–19, and 296 in 20–49. Combined 2–49 unit stock is 1,184 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 68108?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,450. See the full schedule and 90–110% payment-standard band on the ZIP 68108 — Omaha, NE HUD Section 8 Payment Standards / SAFMR.
Does this Nebraska ZIP profile include Georgia listings?
No. ZIP 68108 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.