Rental numbers for Sarpy County, NE
The typical home here runs -$1,669 a month at 7.78% with 25% down. 0 of 8 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.3%.
- Gross yield
- 4.9%
- typical home, Zillow
- Median ZIP yield
- 5.3%
- 8 ZIPs with full data
- Cash flow
- -$1,669/mo
- at 7.78%, 25% down
- Typical price
- $357,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,471/mo
- Zillow ZORI, Aug 2026
ZIP codes in Sarpy County
11 with published figures
| 68147Bellevue | $254,000 | $2,050 | 9.7% | 4.9% | -$340 | n/a |
| 68157Omaha | $295,000 | $1,640* | 6.7% | 2.2% | -$1,042 | n/a |
| 68136Omaha | $410,000 | $1,859 | 5.4% | 1.2% | -$1,791 | -0.5% |
| 68128La Vista | $312,000 | $1,408 | 5.4% | 1.2% | -$1,375 | +4.1% |
| 68138Omaha | $294,000 | $1,300 | 5.3% | 1.1% | -$1,324 | +1.3% |
| 68123Bellevue | $334,000 | $1,447 | 5.2% | 1.0% | -$1,527 | -2.1% |
| 68005Bellevue | $258,000 | $1,055 | 4.9% | 0.5% | -$1,281 | -2.1% |
| 68046Papillion | $412,000 | $1,667 | 4.9% | 0.8% | -$1,936 | +0.8% |
| 68028Gretna | $437,000 | $1,648 | 4.5% | 0.5% | -$2,172 | +4.5% |
| 68133Papillion | $422,000 | $1,580* | 4.5% | 0.5% | -$2,085 | n/a |
| 68059Springfield | $467,000 | $1,480* | 3.8% | 0.3% | -$2,396 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.7%
- Rent, 12 months
- +0.5%
- Rent minus price growth
- -2.1 pts
- Property tax
- 1.74%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $290,316 | $1,168 |
| Aug 2022 | $323,793 | $1,265 |
| Aug 2023 | $337,285 | $1,354 |
| Aug 2024 | $343,865 | $1,413 |
| Aug 2025 | $347,782 | $1,463 |
| Aug 2026 | $357,101 | $1,471 |
HUD Fair Market Rent
FY2027, Omaha-Council Bluffs, NE-IA HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,167 | $1,219 | $1,450 | $1,924 | $2,179 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 28.0
- 2,074 units, last 12 months
- National percentile
- 96th
- among US counties
Tools
Questions
- Is Sarpy County good for rental property?
- The typical home here runs -$1,669 a month at 7.78% with 25% down. 0 of 8 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.3%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Sarpy County?
- About 1.74% of value, from Census ACS median taxes paid over median home value. On a $357,000 home that is about $6,221 a year.
- What is Fair Market Rent in Sarpy County?
- HUD's FY2027 Fair Market Rent here is $1,219 for a 1-bedroom, $1,450 for a 2-bedroom and $1,924 for a 3-bedroom. Typical cash flow at today's rate is -$1,669 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.