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 $220,072, higher than the Nebraska average of $188,542.
The average cost of rent is $1,113/mo in Omaha, primarily driven by the current value of real estate in the Omaha area. While nearly 33.71% of residents own their homes outright in Omaha, 30.06% rent.
Housing affordability isn’t just about home prices, though. The average household income in Omaha is $7,067 per month. Households that rent pay about 15.74% of their income on rent here. Omaha's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Boys Town, NE: less expensive homes
- Ralston, NE: less expensive homes
- La Vista, NE: higher priced homes
- Chalco, NE: less expensive homes
- Papillion, NE: higher priced homes
- Carter Lake, IA: less expensive homes
- Bennington, NE: higher priced homes
- Elkhorn, NE: higher priced homes
- Bellevue, NE: less expensive homes
- Offutt AFB, NE: equally priced homes
Cities with Similar Populations
- Macon, GA: less expensive homes
- Lowell, MA: higher priced homes
- Macomb, MI: higher priced homes
- Lubbock, TX: less expensive homes
- Los Angeles, CA: higher priced homes
- Lucin, UT: equally priced homes
- Longmont, CO: higher priced homes
- Loveland, CO: higher priced homes
- Longview, TX: less expensive homes
- Lynn, MA: higher priced homes
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