The Most Affordable Neighborhoods in Aksarben-Elmwood Park, Omaha, NE by Home Value

 

Aksarben-Elmwood Park, Omaha, NE Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Aksarben-Elmwood Park area can be challenging. Home prices in Aksarben-Elmwood Park are now at a median cost of $217,586, lower than the Omaha average of $285,864.

The average cost of rent is $1,574/mo in Aksarben-Elmwood Park, primarily driven by the current value of real estate in the Aksarben-Elmwood Park area. In Aksarben-Elmwood Park, 63.62% of households rent, and 41.12% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Aksarben-Elmwood Park is $6,313 per month. Households that rent pay about 24.93% of their income on rent here. Aksarben-Elmwood Park’s most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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