Omaha, Nebraska.
Typical home $294,607 (+2.3% in a year), asking rent $1,389 (+1.8%). Omaha-Council Bluffs, NE-IA metro.
to buy the typical home at today's mortgage rate — +$828 (+115%) since Jan 2020.
- 1 year
- Up $6,499 +2%
- $288,108$294,607 since Sep 2025
- 5 years
- Up $55,477 +23%
- $239,130$294,607 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Omaha$1,546
- Nebraska$1,461
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 17 years.
Typical home values in Omaha, NE rose 2.3% over the past year — faster than the nation's +1.2%.
Asking rents in Omaha, NE rose 1.8% over the past year — slower than the nation's +2.7%.
Owning the typical home in Omaha runs $888/mo more than renting one. The gap peaked at $963 in Oct 2023.
That is $2,278 a month against $1,389 rent: a $1,546 mortgage payment, plus $416 property tax and $315 insurance & upkeep.
Owning vs renting — Omaha
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,278
- Renting$1,389
- Mortgage only$1,546
Property tax · $416/mo 1.69% of value a year — the ACS 2020-2024 median bill over the median home value for Douglas County, NE
Insurance & upkeep · $315/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Omaha, Douglas County, Nebraska
Omaha is a city of 486,051 people in Douglas County. Half its households earn more than $73,201 a year and half less, against $80,391 across Douglas County; 14% of its people live below the poverty line. 57% of its homes are lived in by their owners and 43% are rented. Unemployment in Omaha was 3.1% in August 2026, and Douglas County had 0.3% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Omaha is the largest city in Nebraska, and its people are somewhat younger than in many American cities. Incomes run below the county's, and renters are a sizeable part of the population, though most homes are lived in by their owners. Winters are cold, with January the coldest month and highs hovering around freezing, and summers are warm.
Work. Most residents work in schools, hospitals and social care, followed by professional and business services, shops, and banks, insurance and property. Among the largest workplaces in Omaha are Omaha Public Schools, the University of Nebraska Medical Center and Nebraska Methodist Hospital. Many adults hold a four-year degree, and the typical commute is a short one.
Things to do. Joslyn Art Museum, an art museum, and Omaha's Henry Doorly Zoo and Aquarium are both a short drive away. For time outdoors, Memorial Park is in or beside town, and Standing Bear Lake, a reservoir, is a short drive away.
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- 201,698households
- 40%of adults have a degree
- 14%below the poverty line
- 20 mintypical commute
- 15%work from home
What residents work in
Employed residents by industry, from the Census survey. Douglas County had 341,754 jobs in 2025, 0.3% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 32° and lows near 15°; warmest in July, with highs near 85° and lows near 66°.
Average daily high and low, 1991–2020, at the Omaha #1 weather station, 6 miles away (NOAA).
Largest workplaces in Omaha
- Omaha Public SchoolsSchool district6,641FTE
- University of Nebraska Medical CenterUniversity or college5,440
- Nebraska Methodist HospitalGeneral hospital3,046FTE
- Millard Public SchoolsSchool district2,727FTE
- Children's Hospital & Medical CenterChildren's hospital2,605FTE
- Creighton UniversityUniversity or college2,355
- University of Nebraska at OmahaUniversity or college2,033
- Veterans Health AdministrationFederal government · Department of Veterans Affairs1,843
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 485 workplaces with 20 or more staff, 60,963 people in all. School districts come from the Common Core of Data (NCES, 2023–24), colleges from IPEDS (NCES, 2023–24), hospitals from their Medicare cost reports (CMS, 2023) and federal offices from OPM's federal workforce data (2026); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HailRelatively high
- Strong windRelatively high
- TornadoesRelatively high
- Winter weatherRelatively high
- Ice stormsRelatively moderate
- Heat wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Omaha’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Douglas County and the Omaha-Council Bluffs, NE-IA metro.
Omaha home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Omaha$294,607
- Nebraska$278,299
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Omaha listings, and the typical home goes pending in 16 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Omaha32.36%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Omaha16
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Omaha1,736
New listings per month
Sellers arriving at the market.
- Omaha676
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Omaha$306,190
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Omaha99.47%
Zip codes with a Omaha address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Omaha — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Omaha
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 68104 | Omaha | 36,673 | $1,548 | $198,459 |
| 68022 | Elkhorn | 36,538 | $1,637 | $517,204 |
| 68116 | Omaha | 34,501 | $1,803 | $379,112 |
| 68107 | Omaha | 31,540 | $1,299 | $182,157 |
| 68135 | Omaha | 30,523 | $1,978 | $390,476 |
| 68134 | Omaha | 28,823 | $1,033 | $256,126 |
| 68164 | Omaha | 28,564 | $1,326 | $292,320 |
| 68144 | Omaha | 25,732 | $1,301 | $310,894 |
| 68137 | Omaha | 24,277 | $1,716 | $283,935 |
| 68111 | Omaha | 24,210 | $1,431 | $132,544 |
| 68154 | Omaha | 24,060 | $1,243 | $359,235 |
| 68105 | Omaha | 22,807 | $1,123 | $225,348 |
| 68136 | Omaha | 22,163 | $1,891 | $412,407 |
| 68130 | Omaha | 21,722 | $1,647 | $458,019 |
| 68106 | Omaha | 21,224 | $1,680 | $252,680 |
| 68127 | Omaha | 20,484 | $1,165 | $283,769 |
| 68114 | Omaha | 17,596 | $1,383 | $308,119 |
| 68124 | Omaha | 15,482 | $1,511 | $340,157 |
| 68131 | Omaha | 14,809 | $1,260 | $215,102 |
| 68108 | Omaha | 14,578 | $1,253 | $174,090 |
| 68132 | Omaha | 13,960 | $1,205 | $361,041 |
| 68122 | Omaha | 13,352 | $1,931 | $283,541 |
| 68112 | Omaha | 12,071 | $1,657 | $182,403 |
| 68138 | Omaha | 11,713 | $1,403 | $292,746 |
| 68102 | Omaha | 9,767 | $1,235 | $275,699 |
| 68110 | Omaha | 9,229 | $1,188 | $141,121 |
| 68118 | Omaha | 9,169 | $1,552 | $425,057 |
| 68117 | Omaha | 8,224 | $1,750 | $219,521 |
| 68152 | Omaha | 6,791 | — | $339,506 |
| 68157 | Omaha | 5,252 | — | $292,401 |
| 68142 | Omaha | 4,505 | — | $371,162 |