JeffCroweCRE

Housing market/Nebraska/ZIP 68516

ACS 2023 · FY2027 SAFMR

ZIP 68516 Lincoln, Nebraska

Lincoln, NE 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
47,389
Households
18,998
Median HH income
$100,093
Renter share
30.1%
Median gross rent
$1,213
Vacancy
2.8%
Pop. change
+6.6%
2BR SAFMR
$1,470
SAFMR / rent
1.212×
2–49 unit stock
3,828
LIHTC proj / units
3 / 440
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 68516 · NE — sent to you.

ZIP 68516 · NE

By checking this box you agree that you may be referred to another real estate broker or related service and acknowledge that CENTURY 21 The Avenues licensees and/or affiliates may be paid a valuable consideration for facilitating such referral.

ACS rent vs 2BR SAFMR

ZIP 68516 — Lincoln, NE HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,213
2BR SAFMR$1,470
90% floor$1,323
110% ceiling$1,617

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

Housing stock

ACS 2023 units-in-structure · ZCTA 68516

  • 1-unit detached12,46663.8%
  • 1-unit attached2,04410.5%
  • 2–4 units3842.0%
  • 5–49 units3,44417.6%
  • 50+ units1,1255.8%
  • Mobile860.4%
TypeUnitsShare
1-unit detached12,46663.8%
1-unit attached2,04410.5%
2 units (duplex)2691.4%
3–4 units1150.6%
5–9 units6473.3%
10–19 units1,3476.9%
20–49 units1,4507.4%
50+ units1,1255.8%
Mobile860.4%

2–4 unit share 2.0% · 5–49 unit share 17.6% · combined 2–49 19.6%.

Units by bedrooms

Studio
206
1BR
1,634
2BR
4,094
3BR
6,373
4BR
4,858
5+
2,384

Rent burden

Rent ≥30% of income39.6%
Rent ≥50% of income16.7%
  • ACS median gross rent $1,213 (all bedrooms, occupied rentals).
  • Median contract rent $1,075.
  • Renters paying ≥30% of income 39.6%; ≥50% 16.7%.
  • FY2027 2BR SAFMR $1,470 (1.212× ACS median gross rent).

Population

47,389 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +6.6%.

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

Assisted inventory

  • LIHTC: 3 projects, 440 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 1,364 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 68516 30.1% of occupied households are renters; vacancy is 2.8%; ACS median gross rent is $1,213; population increased +6.6% between the 2018 and 2023 ACS vintages; the housing stock includes 384 units in 2–4-unit structures and 3,444 units in 5–49-unit structures; 3 LIHTC projects totaling 440 units; FY2027 2BR SAFMR is $1,470 versus ACS median gross rent of $1,213. 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 68516 is a Census / HUD profile for Lincoln, NE. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 68516 — Lincoln, NE HUD Section 8 Payment Standards / SAFMR·Nebraska ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
68336Lincoln, NE HUD Metro FMR Area18.7%—$1,14068372Lincoln, NE HUD Metro FMR Area7.8%$1,309$1,61068402Lincoln, NE HUD Metro FMR Area15.2%$927$1,07068419Lincoln, NE HUD Metro FMR Area11.5%$1,250$1,33068430Lincoln, NE HUD Metro FMR Area4.2%$861$1,04068438Lincoln, NE HUD Metro FMR Area15.8%$1,563$1,82068501Lincoln, NE HUD Metro FMR Area——$1,23068502Lincoln, NE HUD Metro FMR Area47.1%$812$1,03068503Lincoln, NE HUD Metro FMR Area61.8%$974$1,14068504Lincoln, NE HUD Metro FMR Area71.2%$1,014$1,17068505Lincoln, NE HUD Metro FMR Area43.6%$1,095$1,30068506Lincoln, NE HUD Metro FMR Area36.2%$1,147$1,330

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 68516?

ZIP 68516 (Lincoln, NE HUD Metro FMR Area) has 47,389 residents, 18,998 households, a renter share of 30.1%, median household income of $100,093, and ACS 2023 median gross rent of $1,213. Vacancy is 2.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 68516?

ACS counts 269 units in 2-unit buildings, 115 in 3–4 unit buildings, 647 in 5–9, 1,347 in 10–19, and 1,450 in 20–49. Combined 2–49 unit stock is 3,828 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 68516?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,470. See the full schedule and 90–110% payment-standard band on the ZIP 68516 — Lincoln, NE HUD Section 8 Payment Standards / SAFMR.

Does this Nebraska ZIP profile include Georgia listings?

No. ZIP 68516 is Census / HUD research for Lincoln, NE 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.