Zip lookup · NE

68504
Lincoln, Nebraska.

Lincoln, Lancaster County, NE · Lincoln, NE metro · population 17,278

What it costs per month · 68504 $1,160/mo

to buy the typical home at today's mortgage rate — +$630 (+119%) since Jan 2020.

What the home itself did
1 year
Down $139 -0%
$221,127$220,988 since Sep 2025
5 years
Up $42,432 +24%
$178,556$220,988 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 68504 $1,160 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 68504$1,160
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 16 years.

Typical home values in zip 68504 fell 0.1% over the past year — slower than the nation's +1.2%.

Asking rents in zip 68504 fell 0.2% over the past year — slower than the nation's +2.7%.

Owning the typical home in zip 68504 runs $488/mo more than renting one. The gap peaked at $554 in Oct 2023.

That is $1,678 a month against $1,190 rent: a $1,160 mortgage payment, plus $281 property tax and $237 insurance & upkeep.

Owning vs renting — zip 68504

The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.

$500 $1,000 $1,500 2021 2022 2023 2024 2025 2026 Owning all in $1,678 Renting $1,190 Mortgage only $1,160
$500 $1,000 $1,500 2022 2024 2026
  • Owning all in$1,678
  • Renting$1,190
  • Mortgage only$1,160

Property tax · $281/mo 1.53% of value a year — the ACS 2020-2024 median bill over the median home value for Lancaster County, NE

Insurance & upkeep · $237/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.

Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.

Zillow also publishes an index for the city itself: Lincoln, NE — measured over the city limits, which is a different area from this zip.

Asking rent $1,190 as of Sep 2026
-0.2%year on year
Typical home value $220,988 as of Sep 2026
-0.1%year on year

Asking rent — 68504

Against the Lincoln, NE metro and the national benchmark.

$1,000 $1,250 $1,500 $1,750 2021 2022 2023 2024 2025 2026 68504 $1,190 Lincoln $1,281 United States $1,932
$1,000 $1,250 $1,500 $1,750 2022 2024 2026
  • 68504$1,190
  • Lincoln$1,281
  • United States$1,932

Typical home value — 68504

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 68504 $220,988 Lincoln $300,524 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 68504$220,988
  • Lincoln$300,524
  • United States$366,157

Within 20 miles

Showing 30 of 39 zips in range — sorting picks from all 39.

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
2.2 68503 Lincoln 15,867 $1,155 $198,715
2.6 68507 Lincoln 16,029 $1,387 $248,364
2.9 68521 Lincoln 37,050 $1,464 $286,760
3.2 68505 Lincoln 18,834 $1,364 $262,920
3.4 68510 Lincoln 19,391 $1,107 $254,878
3.4 68508 Lincoln 18,163 $822 $215,699
5.0 68506 Lincoln 27,531 $1,260 $281,722
5.3 68502 Lincoln 25,846 $876 $239,224
6.2 68517 Lincoln 415 — $588,990
6.9 68520 Lincoln 2,762 $1,607 $623,733
6.9 68522 Lincoln 14,836 $1,270 $278,992
7.5 68336 Davey 496 — $487,535
7.5 68524 Lincoln 6,139 — $259,558
7.5 68527 Lincoln 2,318 — $523,701
8.3 68516 Lincoln 48,903 $1,466 $390,488
8.4 68512 Lincoln 13,802 $1,626 $348,357
8.5 68528 Lincoln 7,273 $1,484 $289,052
9.4 68526 Lincoln 7,944 $1,405 $465,548
9.5 68462 Waverly 4,928 — $350,773
9.6 68523 Lincoln 2,031 — $509,622
9.8 68461 Walton 503 — $741,634
10.4 68532 Lincoln 785 — $597,790
10.8 68428 Raymond 1,332 — $584,540
10.9 68402 Malcolm 1,459 — $522,374
12.9 68347 Eagle 2,508 — $355,564
13.0 68430 Roca 1,989 $1,672 $618,566
13.7 68339 Denton 1,154 — $618,833
14.2 68017 Ceresco 1,979 — $344,310
14.4 68366 Greenwood 957 — $307,372
14.5 68304 Alvo 414 — $287,098

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.