Housing market/Nebraska/ZIP 68046
ZIP 68046 Papillion, 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
Email this profile
HUD schedule, ACS stock, and the 90–110% band for ZIP 68046 · NE — sent to you.
ZIP 68046 · NE
ACS rent vs 2BR SAFMR
ZIP 68046 — Papillion, 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 68046
- 1-unit detached10,10278.6%
- 1-unit attached2501.9%
- 2–4 units1291.0%
- 5–49 units1,76513.7%
- 50+ units5174.0%
- Mobile860.7%
2–4 unit share 1.0% · 5–49 unit share 13.7% · combined 2–49 14.7%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,252 (all bedrooms, occupied rentals).
- Median contract rent $1,054.
- Renters paying ≥30% of income 37.6%; ≥50% 18.8%.
- FY2027 2BR SAFMR $1,560 (1.246× ACS median gross rent).
Population
34,110 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +22.7%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 6 projects, 425 units.
- HUD project-based assisted MF: 5 properties, 236 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 343 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 68046 24.9% of occupied households are renters; vacancy is 3.4%; ACS median gross rent is $1,252; population increased +22.7% between the 2018 and 2023 ACS vintages; the housing stock includes 129 units in 2–4-unit structures and 1,765 units in 5–49-unit structures; 6 LIHTC projects totaling 425 units; FY2027 2BR SAFMR is $1,560 versus ACS median gross rent of $1,252. 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 68046 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 68046 — Papillion, 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 68046?
ZIP 68046 (Omaha-Council Bluffs, NE-IA HUD Metro FMR Area) has 34,110 residents, 12,417 households, a renter share of 24.9%, median household income of $113,708, and ACS 2023 median gross rent of $1,252. Vacancy is 3.4%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 68046?
ACS counts 25 units in 2-unit buildings, 104 in 3–4 unit buildings, 444 in 5–9, 693 in 10–19, and 628 in 20–49. Combined 2–49 unit stock is 1,894 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 68046?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,560. See the full schedule and 90–110% payment-standard band on the ZIP 68046 — Papillion, NE HUD Section 8 Payment Standards / SAFMR.
Does this Nebraska ZIP profile include Georgia listings?
No. ZIP 68046 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.