Housing market/Nebraska/ZIP 68131
ZIP 68131 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.
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HUD schedule, ACS stock, and the 90–110% band for ZIP 68131 · NE — sent to you.
ZIP 68131 · NE
ACS rent vs 2BR SAFMR
ZIP 68131 — 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 68131
- 1-unit detached1,96425.0%
- 1-unit attached3884.9%
- 2–4 units84810.8%
- 5–49 units3,09539.4%
- 50+ units1,56619.9%
2–4 unit share 10.8% · 5–49 unit share 39.4% · combined 2–49 50.2%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,081 (all bedrooms, occupied rentals).
- Median contract rent $935.
- Renters paying ≥30% of income 51.1%; ≥50% 25.3%.
- FY2027 2BR SAFMR $1,400 (1.295× ACS median gross rent).
Population
13,928 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +3.2%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 17 projects, 319 units.
- HUD project-based assisted MF: 4 properties, 173 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 68131 75.7% of occupied households are renters; vacancy is 13.4%; ACS median gross rent is $1,081; population increased +3.2% between the 2018 and 2023 ACS vintages; the housing stock includes 848 units in 2–4-unit structures and 3,095 units in 5–49-unit structures; 17 LIHTC projects totaling 319 units; FY2027 2BR SAFMR is $1,400 versus ACS median gross rent of $1,081. 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 68131 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 68131 — 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 68131?
ZIP 68131 (Omaha-Council Bluffs, NE-IA HUD Metro FMR Area) has 13,928 residents, 6,807 households, a renter share of 75.7%, median household income of $47,800, and ACS 2023 median gross rent of $1,081. Vacancy is 13.4%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 68131?
ACS counts 465 units in 2-unit buildings, 383 in 3–4 unit buildings, 1,013 in 5–9, 1,079 in 10–19, and 1,003 in 20–49. Combined 2–49 unit stock is 3,943 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 68131?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,400. See the full schedule and 90–110% payment-standard band on the ZIP 68131 — Omaha, NE HUD Section 8 Payment Standards / SAFMR.
Does this Nebraska ZIP profile include Georgia listings?
No. ZIP 68131 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.