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Housing market/Nebraska/ZIP 68127

ACS 2023 · FY2027 SAFMR

ZIP 68127 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
20,588
Households
9,962
Median HH income
$65,331
Renter share
53.8%
Median gross rent
$1,040
Vacancy
4.5%
Pop. change
-8.3%
2BR SAFMR
$1,440
SAFMR / rent
1.385×
2–49 unit stock
4,681
LIHTC proj / units
1 / 97
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 68127 · NE — sent to you.

ZIP 68127 · NE

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ACS rent vs 2BR SAFMR

ZIP 68127 — Omaha, NE HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,040
2BR SAFMR$1,440
90% floor$1,296
110% ceiling$1,584

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

Housing stock

ACS 2023 units-in-structure · ZCTA 68127

  • 1-unit detached4,82346.2%
  • 1-unit attached3783.6%
  • 2–4 units2932.8%
  • 5–49 units4,38842.1%
  • 50+ units5535.3%
TypeUnitsShare
1-unit detached4,82346.2%
1-unit attached3783.6%
2 units (duplex)150.1%
3–4 units2782.7%
5–9 units1,49314.3%
10–19 units1,85817.8%
20–49 units1,0379.9%
50+ units5535.3%
Mobile00.0%

2–4 unit share 2.8% · 5–49 unit share 42.1% · combined 2–49 44.9%.

Units by bedrooms

Studio
576
1BR
2,649
2BR
2,463
3BR
3,514
4BR
1,100
5+
133

Rent burden

Rent ≥30% of income46.6%
Rent ≥50% of income19.0%
  • ACS median gross rent $1,040 (all bedrooms, occupied rentals).
  • Median contract rent $906.
  • Renters paying ≥30% of income 46.6%; ≥50% 19.0%.
  • FY2027 2BR SAFMR $1,440 (1.385× ACS median gross rent).

Population

20,588 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -8.3%.

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

Assisted inventory

  • LIHTC: 1 projects, 97 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 68127 53.8% of occupied households are renters; vacancy is 4.5%; ACS median gross rent is $1,040; population changed -8.3% between the 2018 and 2023 ACS vintages; the housing stock includes 293 units in 2–4-unit structures and 4,388 units in 5–49-unit structures; 1 LIHTC projects totaling 97 units; FY2027 2BR SAFMR is $1,440 versus ACS median gross rent of $1,040. 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 68127 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 68127 — Omaha, NE HUD Section 8 Payment Standards / SAFMR·Nebraska ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
51501Omaha-Council Bluffs, NE-IA HUD Metro FMR Area33.8%$997$1,31051503Omaha-Council Bluffs, NE-IA HUD Metro FMR Area32.0%$964$1,23051510Omaha-Council Bluffs, NE-IA HUD Metro FMR Area15.7%$1,115$1,46051525Omaha-Council Bluffs, NE-IA HUD Metro FMR Area18.4%$696$1,01051526Omaha-Council Bluffs, NE-IA HUD Metro FMR Area9.5%$593$1,23051534Omaha-Council Bluffs, NE-IA HUD Metro FMR Area16.8%$838$1,09051536Omaha-Council Bluffs, NE-IA HUD Metro FMR Area10.5%$794$1,06051540Omaha-Council Bluffs, NE-IA HUD Metro FMR Area12.5%—$1,16051542Omaha-Council Bluffs, NE-IA HUD Metro FMR Area5.0%—$1,09051546Omaha-Council Bluffs, NE-IA HUD Metro FMR Area19.6%$847$1,09051548Omaha-Council Bluffs, NE-IA HUD Metro FMR Area2.4%—$1,20051550Omaha-Council Bluffs, NE-IA HUD Metro FMR Area9.2%—$1,070

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 68127?

ZIP 68127 (Omaha-Council Bluffs, NE-IA HUD Metro FMR Area) has 20,588 residents, 9,962 households, a renter share of 53.8%, median household income of $65,331, and ACS 2023 median gross rent of $1,040. Vacancy is 4.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 68127?

ACS counts 15 units in 2-unit buildings, 278 in 3–4 unit buildings, 1,493 in 5–9, 1,858 in 10–19, and 1,037 in 20–49. Combined 2–49 unit stock is 4,681 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 68127?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,440. See the full schedule and 90–110% payment-standard band on the ZIP 68127 — Omaha, NE HUD Section 8 Payment Standards / SAFMR.

Does this Nebraska ZIP profile include Georgia listings?

No. ZIP 68127 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.