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Lincoln city, NE

ZIP 68506 — 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 68506

Median Home Value
$245,200
Median Rent
$1,036
Affordability Snapshot
$68,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,575/mo PITI).

18%
Rent-to-Income Ratio

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

3.5x
Home Price-to-Income Ratio

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

19.7 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 68506 in Lincoln city, NE, a household would need roughly $68,000 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 $1,575. That is roughly in line with the local median household income ($70,501). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
63.8%-3% vs US avg
x
Vacancy Rate
4.4%-57% vs US avg
x
Broadband Access
89.0%+2% vs US avg
x
4+ Bedrooms
5.3%-64% vs US avg
x
Built Pre-1939
5.2%-60% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
27.5%-45% vs US avg
x
Mortgage-Free
39.0%+2% vs US avg
x
$245,200
Home Value
$1,036
Rent
1972
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 detached60.0%
  • 1-unit attached10.1%
  • 2-9 units10.0%
  • 10+ units19.5%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$245,200
Median rent$1,036
Owner-occupied63.8%
Vacant4.4%
Price-to-income3.5x
Est. income to buy$68,000