How much is a home worth in ZIP code 68504?

The typical home in 68504 is worth $225,380, based on the Zillow Home Value Index.

Are home values rising in 68504?

Home values in 68504 are up 2.7% over the past year, and up 6.0% a year over five years.

What is the typical rent in 68504?

A typical home in 68504 rents for about $1,261 a month, a gross rental yield of 6.7%.

What is the property tax rate in 68504?

The effective property tax rate in 68504 is 1.5% — roughly $3,330 a year on a typical home.

ZIP code 68504 has a population of 17,278 and a median household income of $56,213.

HousingHandbookReference data

…

U.S. ZIP Code · NE68504

Lancaster County · Lincoln, NE

Typical home value

$225,380^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.7%
5-year / yr: +6.0%
10-year / yr: +6.7%

Relative price

vs U.S.: -20.7%
vs metro: -35.4%
vs state: -2.3%

Price history

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

The typical home in 68504 is worth $225,380 — 35.4% below the Lincoln, NE median. Over the past year, values have risen 2.7%. Homes here rent for a typical $1,261 a month — a 6.7% gross rental yield. The effective property tax rate is 1.5%.

#Rent & investment

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

Monthly rent: $1,261^[2]
Gross yield: 6.7%^[2]
Cap rate: 4.0%^[2]

#Property tax

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

Effective tax rate: 1.5%^[3]
Typical annual tax: $3,330^[3]

#Climate risk

FEMA National Risk Index ratings for Lancaster 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 Moderate
Drought: Relatively Moderate
Heat wave: Relatively Low
Hurricane: No Rating
Tornado: Relatively High
Earthquake: Very Low
Winter weather: Very High

#Who lives here

Population: 17,278^[3]
Median household income: $56,213^[3]

#Migration

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

Net migration: -109^[5]
Moved in: 6,903
Moved out: 7,012

Schools

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

Public schools: 6
Elementary: 3
Middle: 2
High: 1

NORTH STAR HIGH SCHOOL
High · Grades 9–12 · LINCOLN PUBLIC SCHOOLS
1,914 students
CULLER MIDDLE SCHOOL
Middle · Grades 6–8 · LINCOLN PUBLIC SCHOOLS
680 students
DAWES MIDDLE SCHOOL
Middle · Grades 6–8 · LINCOLN PUBLIC SCHOOLS
396 students
HUNTINGTON ELEMENTARY SCHOOL
Elementary · Grades PK–5 · LINCOLN PUBLIC SCHOOLS
358 students
RILEY ELEMENTARY SCHOOL
Elementary · Grades PK–5 · LINCOLN PUBLIC SCHOOLS
276 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 yield6.7%

Net yield (after ~40% expenses)4.0%

Annual rent$15,136

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$1,140

Loan principal$180,304

Down payment$45,076

Total interest paid$229,968

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 ratio1.27

Monthly cost to own$1,605

Monthly rent$1,261

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: 68th percentile^[1]
Rental yield: 77th percentile^[2]
Property tax: 85th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 68504?: The typical home in 68504 is worth $225,380, based on the Zillow Home Value Index.
Are home values rising in 68504?: Home values in 68504 are up 2.7% over the past year, and up 6.0% a year over five years.
What is the typical rent in 68504?: A typical home in 68504 rents for about $1,261 a month, a gross rental yield of 6.7%.
What is the property tax rate in 68504?: The effective property tax rate in 68504 is 1.5% — roughly $3,330 a year on a typical home.
Who lives in 68504?: ZIP code 68504 has a population of 17,278 and a median household income of $56,213.

#Comparable ZIPs

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

68364 vs 68504 →
Goehner, NE
Typical home
$223,903
Gross yield
—
68508 vs 68504 →
Lincoln, NE
Typical home
$217,286
Gross yield
5.2%
68502
Lincoln, NE
Typical home
$239,261
Gross yield
4.8%
68439
Staplehurst, NE
Typical home
$242,661
Gross yield
—
68503
Lincoln, NE
Typical home
$202,612
Gross yield
8.4%
68456
Utica, NE
Typical home
$250,019
Gross yield
—

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#Jump to section

U.S. ZIP Code · NE68504

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