How much is a home worth in ZIP code 68111?

The typical home in 68111 is worth $138,682, based on the Zillow Home Value Index.

Are home values rising in 68111?

Home values in 68111 are up 0.6% over the past year, and up 6.3% a year over five years.

What is the typical rent in 68111?

A typical home in 68111 rents for about $1,423 a month, a gross rental yield of 12.3%.

What is the property tax rate in 68111?

The effective property tax rate in 68111 is 1.3% — roughly $1,812 a year on a typical home.

ZIP code 68111 has a population of 24,210 and a median household income of $42,185.

HousingHandbookReference data

…

U.S. ZIP Code · NE68111

Douglas County · Omaha, NE-IA

Typical home value

$138,682^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.6%
5-year / yr: +6.3%
10-year / yr: +12.5%

Relative price

vs U.S.: -51.2%
vs metro: -54.4%
vs state: -39.9%

Price history

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

The typical home in 68111 is worth $138,682 — 54.4% below the Omaha, NE-IA median. Over the past year, values have risen 0.6%. Homes here rent for a typical $1,423 a month — a 12.3% gross rental yield. The effective property tax rate is 1.3%.

#Rent & investment

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

Monthly rent: $1,423^[2]
Gross yield: 12.3%^[2]
Cap rate: 7.4%^[2]

#Property tax

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

Effective tax rate: 1.3%^[3]
Typical annual tax: $1,812^[3]

#Climate risk

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

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

#Who lives here

Population: 24,210^[3]
Median household income: $42,185^[3]

#Migration

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

Net migration: -396^[5]
Moved in: 14,272
Moved out: 14,668

Schools

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

Public schools: 14
Elementary: 8
Middle: 1
High: 1

NORTH HIGH SCHOOL
High · Grades 9–12 · OMAHA PUBLIC SCHOOLS
1,728 students
SKINNER MAGNET CENTER
Elementary · Grades PK–5 · OMAHA PUBLIC SCHOOLS
411 students
MILLER PARK ELEMENTARY SCHOOL
Elementary · Grades PK–5 · OMAHA PUBLIC SCHOOLS
382 students
BELVEDERE ELEMENTARY SCHOOL
Elementary · Grades PK–5 · OMAHA PUBLIC SCHOOLS
356 students
CENTRAL PARK ELEMENTARY SCHOOL
Elementary · Grades PK–5 · OMAHA PUBLIC SCHOOLS
307 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 yield12.3%

Net yield (after ~40% expenses)7.4%

Annual rent$17,070

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$701

Loan principal$110,946

Down payment$27,736

Total interest paid$141,505

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 ratio0.68

Monthly cost to own$968

Monthly rent$1,423

Owning 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: 79th percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 43rd percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 68111?: The typical home in 68111 is worth $138,682, based on the Zillow Home Value Index.
Are home values rising in 68111?: Home values in 68111 are up 0.6% over the past year, and up 6.3% a year over five years.
What is the typical rent in 68111?: A typical home in 68111 rents for about $1,423 a month, a gross rental yield of 12.3%.
What is the property tax rate in 68111?: The effective property tax rate in 68111 is 1.3% — roughly $1,812 a year on a typical home.
Who lives in 68111?: ZIP code 68111 has a population of 24,210 and a median household income of $42,185.

#Comparable ZIPs

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

68110 vs 68111 →
Omaha, NE
Typical home
$150,005
Gross yield
—
51564 vs 68111 →
Pisgah, IA
Typical home
$167,344
Gross yield
—
68108
Omaha, NE
Typical home
$174,315
Gross yield
8.6%
51541
Henderson, IA
Typical home
$179,612
Gross yield
—
51501
Council Bluffs, IA
Typical home
$184,241
Gross yield
8.4%
68107
Omaha, NE
Typical home
$184,367
Gross yield
6.5%

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Pit ZIP 68111 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · NE68111

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