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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 $102,489, lower than the Virginia average of $443,089.
The average cost of rent is $780/mo in Omaha, primarily driven by the current value of real estate in the Omaha area. In Omaha, 23.76% of households rent, and 58.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Omaha is $4,675 per month. Households that rent pay about 16.68% of their income on rent here. Omaha’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lockhart Flats, VA: higher priced homes
- Mc Clure, VA: less expensive homes
- Clintwood, VA: higher priced homes
- Freeling, VA: less expensive homes
- Leck, VA: less expensive homes
- Flemingtown, VA: less expensive homes
- Round Top, VA: equally priced homes
- Dwale, VA: higher priced homes
- Isom, VA: equally priced homes
- Norland, VA: less expensive homes
Cities with Similar Populations
- Wyndmere, ND: higher priced homes
- Wilmont, MN: higher priced homes
- Winterstown, PA: higher priced homes
- Lottsburg, VA: higher priced homes
- Lorne, VA: higher priced homes
- Wisconsin Junction, WI: higher priced homes
- Longstreet, LA: higher priced homes
- Long Ridge, KY: higher priced homes
- Long, OK: higher priced homes
- Woodland, UT: higher priced homes
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