Omaha, NE
Douglas County · Pop. 489,389
Ranked #39 of 243 cities
54Moderate
Median Home Price
🏠$260K
3.5% YoY
Median Rent
🔑$1,200
2.5% YoY
Median Income
💰$62K
Rent Burden
📊27.0%
% of income to rent
Income to Buy
🏦$75K
annual income needed
Income to Rent
📝$48K
annual income needed
Price-to-Income
⚖️4.2x
Homeownership
🏡58.0%
Rent vs. Buy
Buy
$1,384/mo
Est. mortgage (7%, 20% down)
Need $75K/yr income
Rent
$1,200/mo
Median rent
Need $48K/yr income
How Omaha Compares
| Metric | Omaha | Nebraska | National |
|---|---|---|---|
| Home Price | $260K | $245K | $410K |
| Rent | $1,200 | $1,042 | $1,500 |
| Income | $62K | $75K | $75K |
| Rent Burden | 27.0% | 27.0% | 30.0% |
Key Takeaways
- • Home prices in Omaha are 37% lower than the national average.
- • Rent is 20% lower than the national average.
- • You need an income of $75K to comfortably buy a home here.
- • The homeownership rate is 58.0%, compared to 65.0% nationally.