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Lincoln city, NE

ZIP 68505 — 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 68505

Median Home Value
$216,600
Median Rent
$982
Affordability Snapshot
$60,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,391/mo PITI).

16%
Rent-to-Income Ratio

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

3.0x
Home Price-to-Income Ratio

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

18.4 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 68505 in Lincoln city, NE, a household would need roughly $60,000 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 $1,391. That sits below the local median household income ($71,966), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
56.4%-14% vs US avg
x
Vacancy Rate
3.2%-69% vs US avg
x
Broadband Access
94.0%+8% vs US avg
x
4+ Bedrooms
2.7%-81% vs US avg
x
Built Pre-1939
1.1%-91% vs US avg
x
Built Post-2014
0.7%-90% vs US avg
x
Rent Burden >30%
13.9%-72% vs US avg
x
Mortgage-Free
36.6%-4% vs US avg
x
$216,600
Home Value
$982
Rent
1975
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached60.0%
  • 1-unit attached4.8%
  • 2-9 units9.8%
  • 10+ units25.3%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$216,600
Median rent$982
Owner-occupied56.4%
Vacant3.2%
Price-to-income3.0x
Est. income to buy$60,000