JeffCroweCRE

Housing market/Nebraska/ZIP 68524

ACS 2023 · FY2027 SAFMR

ZIP 68524 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
6,049
Households
1,999
Median HH income
$80,139
Renter share
40.1%
Median gross rent
$971
Vacancy
3.1%
Pop. change
-0.5%
2BR SAFMR
$1,120
SAFMR / rent
1.153×
2–49 unit stock
284
LIHTC proj / units
2 / 18
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 68524 · NE — sent to you.

ZIP 68524 · NE

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ACS rent vs 2BR SAFMR

ZIP 68524 — Lincoln, NE HUD Section 8 Payment Standards / SAFMR →
ACS median rent$971
2BR SAFMR$1,120
90% floor$1,008
110% ceiling$1,232

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

Housing stock

ACS 2023 units-in-structure · ZCTA 68524

  • 1-unit detached1,28062.0%
  • 1-unit attached49924.2%
  • 2–4 units25812.5%
  • 5–49 units261.3%
TypeUnitsShare
1-unit detached1,28062.0%
1-unit attached49924.2%
2 units (duplex)25812.5%
3–4 units00.0%
5–9 units00.0%
10–19 units180.9%
20–49 units80.4%
50+ units00.0%
Mobile00.0%

2–4 unit share 12.5% · 5–49 unit share 1.3% · combined 2–49 13.8%.

Units by bedrooms

Studio
0
1BR
7
2BR
319
3BR
1,262
4BR
405
5+
70

Rent burden

Rent ≥30% of income25.9%
Rent ≥50% of income8.5%
  • ACS median gross rent $971 (all bedrooms, occupied rentals).
  • Median contract rent $721.
  • Renters paying ≥30% of income 25.9%; ≥50% 8.5%.
  • FY2027 2BR SAFMR $1,120 (1.153× ACS median gross rent).

Population

6,049 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -0.5%.

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

Assisted inventory

  • LIHTC: 2 projects, 18 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 68524 40.1% of occupied households are renters; vacancy is 3.1%; ACS median gross rent is $971; population changed -0.5% between the 2018 and 2023 ACS vintages; the housing stock includes 258 units in 2–4-unit structures and 26 units in 5–49-unit structures; 2 LIHTC projects totaling 18 units; FY2027 2BR SAFMR is $1,120 versus ACS median gross rent of $971. 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 68524 is a Census / HUD profile for Lincoln, NE. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 68524 — 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 68524?

ZIP 68524 (Lincoln, NE HUD Metro FMR Area) has 6,049 residents, 1,999 households, a renter share of 40.1%, median household income of $80,139, and ACS 2023 median gross rent of $971. Vacancy is 3.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 68524?

ACS counts 258 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 in 5–9, 18 in 10–19, and 8 in 20–49. Combined 2–49 unit stock is 284 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 68524?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,120. See the full schedule and 90–110% payment-standard band on the ZIP 68524 — Lincoln, NE HUD Section 8 Payment Standards / SAFMR.

Does this Nebraska ZIP profile include Georgia listings?

No. ZIP 68524 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.