Morton Meadows home values
Morton Meadows at a glance
- Morton Meadows shares ZIP-level data with ZIP 68132: median value $324,600, median rent $979/month.
Morton Meadows home value score
from local value, rent & income
In ZIP 68132, prices are high relative to rents (a low gross yield), and homes are moderately priced against local incomes.
How the Value Score is built
Computed figures
A transparent value snapshot — computed from U.S. Census ACS (2023) for this ZIP: home value, gross rent and household income. It is not a market-timing or appreciation forecast.
What it costs to buy a home in Morton Meadows
At the typical value of $324,600, a buyer putting 20% down ($64,920) and financing the rest at 6.5% over 30 years would pay about $1,641 a month in principal and interest — 24% of the median household income here. That sits within the common 28% guideline, so the typical home is within reach of a typical local household. The median rent is $979/month, so owning costs roughly 68% more per month than renting, before taxes, insurance and upkeep — the trade-off is building equity.
Estimate only: excludes property tax, insurance, HOA and PMI, which vary by property. Incomes and rents are the latest Census (ACS 2023) figures. Run your own numbers in the estimator below.
What this means for buyers, sellers and investors in Morton Meadows
Buyers
At 4.0× local income, prices are moderate — compare a few nearby areas before committing.
Sellers
Typical values here are 5% below the U.S. median; get a home-specific estimate before you list — condition and size move the number more than the area average.
Investors
A gross rental yield of 3.6% is low — this is an appreciation play rather than a cash-flow market.
Other neighborhoods in Omaha
| Name | Home value | 1-yr | Income | Rent | Price / income |
|---|---|---|---|---|---|
| Aksarben/Village | $203K | +1.9% | $71K | $1,234 | 2.9× |
| Bemis Park ZIP 68131 · shared | $225K | +3.4% | $48K | $1,081 | 4.7× |
| Benson | $158K | +1.0% | $57K | $1,049 | 2.7× |
| Blackstone District city data | $325K | +2.7% | $82K | $979 | 4.0× |
| Capitol District ZIP 68102 · shared | $351K | +1.8% | $61K | $1,242 | 5.8× |
| Downtown ZIP 68102 · shared | $351K | +1.8% | $61K | $1,242 | 5.8× |
| Dundee city data | $325K | +2.7% | $82K | $979 | 4.0× |
| Elkhorn | $453K | +1.9% | $140K | $1,404 | 3.2× |
| Field Club ZIP 68105 · shared | $188K | +2.2% | $53K | $1,010 | 3.5× |
| Florence | $139K | −0.3% | $58K | $1,123 | 2.4× |
| Hanscom Park ZIP 68105 · shared | $188K | +2.2% | $53K | $1,010 | 3.5× |
| Little Italy city data | $325K | +2.7% | $82K | $979 | 4.0× |
| Midtown ZIP 68131 · shared | $225K | +3.4% | $48K | $1,081 | 4.7× |
| Millard | $233K | +2.2% | $82K | $1,337 | 2.8× |
| Morton Meadows city data | $325K | +2.7% | $82K | $979 | 4.0× |
| North Downtown city data | $325K | +2.7% | $82K | $979 | 4.0× |
| Old Market ZIP 68102 · shared | $351K | +1.8% | $61K | $1,242 | 5.8× |
| South Omaha | $143K | +1.3% | $60K | $1,015 | 2.4× |
| West Omaha | $320K | +1.7% | $119K | $1,440 | 2.7× |
Home value, income and rent: Census ACS medians; 1-yr: Zillow ZHVI change over 12 months. Tap a column heading to sort.
What’s your Morton Meadows home worth?
Estimates are informational only and are not an appraisal.
About this data
Data last updated: September 2026.
Current values and trends use the Zillow Home Value Index (ZHVI) — the typical value of mid-tier homes, smoothed and seasonally adjusted — through Aug 2026. It is refreshed monthly.
Median values, incomes, rents, housing stock and commutes come from the U.S. Census Bureau’s American Community Survey (ACS) 5-year estimates at ZIP Code Tabulation Area level. City and state figures are population-weighted averages of their ZIPs.
The Value Score (0–10) blends gross rental yield and price-to-income affordability. It is a value snapshot, not a forecast.
Mortgage figures assume 20% down and a 6.5% fixed 30-year loan, principal and interest only.
These are area-level statistics, not an appraisal of any individual property, and not financial advice.
Sources: U.S. Census ACS · Zillow ZHVI.