How much is a home worth in ZIP code 68046?

The typical home in 68046 is worth $413,192, based on the Zillow Home Value Index.

Are home values rising in 68046?

Home values in 68046 are up 1.3% over the past year, and up 4.5% a year over five years.

What is the typical rent in 68046?

A typical home in 68046 rents for about $1,556 a month, a gross rental yield of 4.5%.

What is the property tax rate in 68046?

The effective property tax rate in 68046 is 1.8% — roughly $7,353 a year on a typical home.

ZIP code 68046 has a population of 35,085 and a median household income of $116,907.

HousingHandbookReference data

…

U.S. ZIP Code · NE68046

Sarpy County · Omaha, NE-IA

Typical home value

$413,192^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.3%
5-year / yr: +4.5%
10-year / yr: +5.4%

Relative price

vs U.S.: +45.5%
vs metro: +35.8%
vs state: +79.1%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 68046 is worth $413,192 — 35.8% above the Omaha, NE-IA median. Over the past year, values have risen 1.3%. Homes here rent for a typical $1,556 a month — a 4.5% gross rental yield. The effective property tax rate is 1.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,556^[2]
Gross yield: 4.5%^[2]
Cap rate: 2.7%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.8%^[3]
Typical annual tax: $7,353^[3]

#Climate risk

FEMA National Risk Index ratings for Sarpy County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Relatively Low
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: No Rating
Tornado: Relatively High
Earthquake: Very Low
Winter weather: Relatively High

#Who lives here

Population: 35,085^[3]
Median household income: $116,907^[3]

#Migration

Household moves in and out of Sarpy County over a year, from IRS tax-return data.

Net migration: +823^[5]
Moved in: 8,336
Moved out: 7,513

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 14
Elementary: 9
Middle: 2
High: 2

PAPILLION LA VISTA SOUTH HS
High · Grades 9–12 · PAPILLION LA VISTA COMMUNITY SCHOOLS
1,982 students
PAPILLION LA VISTA SENIOR HIGH
High · Grades 9–12 · PAPILLION LA VISTA COMMUNITY SCHOOLS
1,873 students
PAPILLION MIDDLE SCHOOL
Middle · Grades 7–8 · PAPILLION LA VISTA COMMUNITY SCHOOLS
621 students
LIBERTY MIDDLE SCHOOL
Middle · Grades 7–8 · PAPILLION LA VISTA COMMUNITY SCHOOLS
541 students
PRAIRIE QUEEN ELEMENTARY
Elementary · Grades PK–6 · PAPILLION LA VISTA COMMUNITY SCHOOLS
533 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.5%

Net yield (after ~40% expenses)2.7%

Annual rent$18,677

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,089

Loan principal$330,553

Down payment$82,638

Total interest paid$421,603

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.96

Monthly cost to own$3,047

Monthly rent$1,556

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 17th percentile^[1]
Rental yield: 17th percentile^[2]
Property tax: 96th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 68046?: The typical home in 68046 is worth $413,192, based on the Zillow Home Value Index.
Are home values rising in 68046?: Home values in 68046 are up 1.3% over the past year, and up 4.5% a year over five years.
What is the typical rent in 68046?: A typical home in 68046 rents for about $1,556 a month, a gross rental yield of 4.5%.
What is the property tax rate in 68046?: The effective property tax rate in 68046 is 1.8% — roughly $7,353 a year on a typical home.
Who lives in 68046?: ZIP code 68046 has a population of 35,085 and a median household income of $116,907.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

68007 vs 68046 →
Bennington, NE
Typical home
$410,919
Gross yield
5.1%
68136 vs 68046 →
NE
Typical home
$409,841
Gross yield
5.3%
68034
Kennard, NE
Typical home
$405,237
Gross yield
—
68133
Papillion, NE
Typical home
$422,626
Gross yield
—
68118
Omaha, NE
Typical home
$423,490
Gross yield
4.5%
68003
Wann CDP, NE
Typical home
$401,556
Gross yield
—

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#Jump to section

U.S. ZIP Code · NE68046

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