HousingHandbookReference data

U.S. ZIP Code · NE68122

Douglas County · Omaha, NE-IA

Typical home value

$286,217[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.5%
5-year / yr
+5.0%
10-year / yr
+6.6%

Relative price

vs U.S.
≈ U.S. median
vs metro
-5.9%
vs state
+24.0%
ZIP 68122 location in NE
Location of ZIP 68122 in NE

Price history

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

The typical home in 68122 is worth $286,217 — 5.9% below the Omaha, NE-IA median. Over the past year, values have risen 0.5%. Homes here rent for a typical $1,950 a month — a 8.2% gross rental yield. The effective property tax rate is 1.6%.

#Rent & investment

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

Monthly rent
$1,950[2]
Gross yield
8.2%[2]
Cap rate
4.9%[2]

#Property tax

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

Effective tax rate
1.6%[3]
Typical annual tax
$4,483[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
13,352[3]
Median household income
$102,591[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
1
Elementary
0
Middle
0
High
0
  • ALEGENT/IMMANUEL RTC

    Other · Grades PK–12 · ALEGENT/IMMANUEL RTC

    0 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.

Gross yield8.2%
Net yield (after ~40% expenses)4.9%
Annual rent$23,400

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.

Monthly payment$1,447
Loan principal$228,974
Down payment$57,243
Total interest paid$292,043

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.

Own : rent ratio1.06
Monthly cost to own$2,060
Monthly rent$1,950

Owning and renting are roughly even.

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
29th percentile[1]
Rental yield
77th percentile[2]
Property tax
75th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 68122?
The typical home in 68122 is worth $286,217, based on the Zillow Home Value Index.
Are home values rising in 68122?
Home values in 68122 are up 0.5% over the past year, and up 5.0% a year over five years.
What is the typical rent in 68122?
A typical home in 68122 rents for about $1,950 a month, a gross rental yield of 8.2%.
What is the property tax rate in 68122?
The effective property tax rate in 68122 is 1.6% — roughly $4,483 a year on a typical home.
Who lives in 68122?
ZIP code 68122 has a population of 13,352 and a median household income of $102,591.

#Comparable ZIPs

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

  • Omaha, NE

    Typical home
    $286,437
    Gross yield
    4.8%
  • Omaha, NE

    Typical home
    $286,546
    Gross yield
    6.9%
  • Mead, NE

    Typical home
    $285,261
    Gross yield
  • Alvo, NE

    Typical home
    $283,548
    Gross yield
  • Wahoo, NE

    Typical home
    $289,384
    Gross yield
  • Prague, NE

    Typical home
    $282,007
    Gross yield

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