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Lincoln city, NE

ZIP 68502 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 68502

Median Home Value
$220,500
Median Rent
$692
Affordability Snapshot
$61,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,416/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

26.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 68502 in Lincoln city, NE, a household would need roughly $61,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,416. That is roughly in line with the local median household income ($65,825). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
52.9%-19% vs US avg
x
Vacancy Rate
6.5%-37% vs US avg
x
Broadband Access
90.8%+4% vs US avg
x
4+ Bedrooms
3.0%-80% vs US avg
x
Built Pre-1939
8.3%-35% vs US avg
x
Built Post-2014
0.6%-91% vs US avg
x
Rent Burden >30%
20.9%-58% vs US avg
x
Mortgage-Free
32.3%-15% vs US avg
x
$220,500
Home Value
$692
Rent
1948
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached62.6%
  • 1-unit attached2.9%
  • 2-9 units26.0%
  • 10+ units8.1%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$220,500
Median rent$692
Owner-occupied52.9%
Vacant6.5%
Price-to-income3.3x
Est. income to buy$61,000