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Papillion city, NE

ZIP 68046 — Housing & Real Estate

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

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 68046

Median Home Value
$331,800
Median Rent
$1,054
Affordability Snapshot
$91,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,131/mo PITI).

11%
Rent-to-Income Ratio

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

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

26.2 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 68046 in Papillion city, NE, a household would need roughly $91,000 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 $2,131. That sits below the local median household income ($113,708), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
75.1%+15% vs US avg
x
Vacancy Rate
3.4%-67% vs US avg
x
Broadband Access
95.0%+9% vs US avg
x
4+ Bedrooms
11.8%-20% vs US avg
x
Built Pre-1939
0.3%-98% vs US avg
x
Built Post-2014
4.2%-39% vs US avg
x
Rent Burden >30%
18.8%-62% vs US avg
x
Mortgage-Free
26.2%-31% vs US avg
x
$331,800
Home Value
$1,054
Rent
1996
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 detached78.6%
  • 1-unit attached1.9%
  • 2-9 units4.5%
  • 10+ units14.3%
  • Mobile home & other0.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$331,800
Median rent$1,054
Owner-occupied75.1%
Vacant3.4%
Price-to-income2.9x
Est. income to buy$91,000