Omaha-Council Bluffs, NE-IA · Nebraska
Cass County
ZIP 68016
26,963 residents67 permits TTM$88,255 median HHI15 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$247,200
ACS 5-Year
Cap rate proxy
6.6%
FMR × 0.65 ÷ Home Value
Rent-to-income
13.4%
HUD FMR ÷ ACS HHI
Net migration
+2.03%
IRS SOI
Permits (TTM)
67
Census BPS
Climate risk
31.0
FEMA NRI (0–100)
ZIP 68016
Median home value
$247,200
Gross yield
7.6%
Buy Box score
—
Section 8 gap
58.1%
Affordability
P/I: 4.0R/I: —
Section 8 detail
SAFMR: $1,560Rent: $987Gap: 58.1%
ZIP code breakdown15 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 68366 | $247,200 | $1,260 | 6.1% | 0.6 | 27.7% |
| 68463 | $247,200 | $1,020 | 5.0% | 0.5 | 3.3% |
| 68037 | $247,200 | $1,240 | 6.0% | 0.5 | 25.6% |
| 68349 | $247,200 | $1,010 | 4.9% | 0.4 | 2.3% |
| 68048 | $247,200 | $1,200 | 5.8% | 0.3 | 21.6% |
| 68347 | $247,200 | $960 | 4.7% | 0.2 | -2.7% |
| 68016 | $247,200 | $1,560 | 7.6% | — | 58.1% |
| 68058 | $247,200 | $1,190 | 5.8% | — | 20.6% |
| 68304 | $247,200 | $1,110 | 5.4% | — | 12.5% |
| 68307 | $247,200 | $1,060 | 5.1% | — | 7.4% |
| 68403 | $247,200 | $1,080 | 5.2% | — | 9.4% |
| 68407 | $247,200 | $1,140 | 5.5% | — | 15.5% |
| 68409 | $247,200 | $1,360 | 6.6% | — | 37.8% |
| 68413 | $247,200 | $1,340 | 6.5% | — | 35.8% |
| 68455 | $247,200 | $1,880 | 9.1% | — | 90.5% |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
83.8%
Census ACS
Vacancy rate
10.3%
Census ACS
Bachelor's degree +
31.9%
Census ACS
Rent burdened
38.8%
Census ACS (>30% income)
Median age
41.0
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026