HousingHandbookReference data

U.S. ZIP Code · NE68135

Douglas County · Omaha, NE-IA

Typical home value

$390,105[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.2%
5-year / yr
+4.4%
10-year / yr
+5.4%

Relative price

vs U.S.
+37.3%
vs metro
+28.2%
vs state
+69.1%
ZIP 68135 location in NE
Location of ZIP 68135 in NE

Price history

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

The typical home in 68135 is worth $390,105 — 28.2% above the Omaha, NE-IA median. Over the past year, values have risen 1.2%. Homes here rent for a typical $1,780 a month — a 5.5% 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
$1,780[2]
Gross yield
5.5%[2]
Cap rate
3.3%[2]

#Property tax

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

Effective tax rate
1.6%[3]
Typical annual tax
$6,411[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
30,523[3]
Median household income
$143,676[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
10
Elementary
7
Middle
2
High
1
  • MILLARD WEST HIGH SCHOOL

    High · Grades 9–12 · MILLARD PUBLIC SCHOOLS

    2,304 students

  • BEADLE MIDDLE SCHOOL

    Middle · Grades 6–8 · MILLARD PUBLIC SCHOOLS

    1,008 students

  • RUSSELL MIDDLE SCHOOL

    Middle · Grades 6–8 · MILLARD PUBLIC SCHOOLS

    738 students

  • WHEELER ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · MILLARD PUBLIC SCHOOLS

    638 students

  • BLACK ELK ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · MILLARD PUBLIC SCHOOLS

    597 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 yield5.5%
Net yield (after ~40% expenses)3.3%
Annual rent$21,357

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$1,973
Loan principal$312,084
Down payment$78,021
Total interest paid$398,046

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 ratio1.59
Monthly cost to own$2,831
Monthly rent$1,780

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
16th percentile[1]
Rental yield
49th percentile[2]
Property tax
86th percentile[3]

Frequently asked

How much is a home worth in ZIP code 68135?
The typical home in 68135 is worth $390,105, based on the Zillow Home Value Index.
Are home values rising in 68135?
Home values in 68135 are up 1.2% over the past year, and up 4.4% a year over five years.
What is the typical rent in 68135?
A typical home in 68135 rents for about $1,780 a month, a gross rental yield of 5.5%.
What is the property tax rate in 68135?
The effective property tax rate in 68135 is 1.6% — roughly $6,411 a year on a typical home.
Who lives in 68135?
ZIP code 68135 has a population of 30,523 and a median household income of $143,676.

#Comparable ZIPs

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

  • Herman, NE

    Typical home
    $391,657
    Gross yield
  • South Bend, NE

    Typical home
    $388,353
    Gross yield
  • Colon, NE

    Typical home
    $385,569
    Gross yield
  • Valparaiso, NE

    Typical home
    $383,967
    Gross yield
  • Crescent, IA

    Typical home
    $383,819
    Gross yield
  • Underwood, IA

    Typical home
    $382,474
    Gross yield

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