Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Omaha area can be challenging. Home prices in Omaha are now at a median cost of $144,672, lower than the Arkansas average of $160,541.
The average cost of rent is $782/mo in Omaha, primarily driven by the current value of real estate in the Omaha area. While nearly 66.33% of residents own their homes outright in Omaha, 31.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Omaha is $4,018 per month. Households that rent pay about 19.47% of their income on rent here. Omaha's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Ridgedale, MO: higher priced homes
- Mincy, MO: equally priced homes
- Alpena, AR: equally priced homes
- Oak Grove, AR: less expensive homes
- Table Rock, MO: higher priced homes
- Blue Eye, AR: less expensive homes
- Lead Hill, AR: less expensive homes
- Blue Eye, MO: higher priced homes
- Cedarcreek, MO: less expensive homes
- Green Forest, AR: equally priced homes
Cities with Similar Populations
- Petersburg, TN: higher priced homes
- Melbourne, KY: higher priced homes
- Midway, TN: less expensive homes
- Boston, GA: higher priced homes
- Odum, GA: less expensive homes
- Olanta, SC: less expensive homes
- Otego, NY: higher priced homes
- Oxford, CO: higher priced homes
- Pangburn, AR: equally priced homes
- Parkersburg, IA: higher priced homes
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