Much like its nearby areas, it is somewhat less expensive compared to the rest of the country.
Home prices
The cost of the median home in Omaha is $159,700. Compared to its nearby areas this is about $2,067 (1%) lower.It is approximately $57,800 (26%) lower in comparison to the entire nation.
Rents
The median monthly rent in Omaha is $923. In comparison to the surrounding areas it is is very similar.It is roughly $139 (13%) lower compared to the entire country.
Nearby places
Ralston
Ralston is Omaha's neighbor to the south. Its real estate prices are a bit less expensive. The cost of the median home in Ralston is $147,000, which is $12,700 (8%) lower than Omaha. Rents there are pretty similar. In Ralston the median monthly rent is $917, which is very similar to Omaha.
La Vista
La Vista is Omaha's neighbor to the south. Housing prices there are similar. The median home in La Vista is valued at $154,300, which works out to $5,400 (3%) lower than Omaha. Its rents are a bit more expensive. The median rent in La Vista is $1,030 a month, which comes out to $107 (10%) higher than Omaha.
Carter Lake
Carter Lake is Omaha's neighbor to the east. The housing prices there are significantly less expensive. Carter Lake's median home price is $113,900, which is $45,800 (40%) lower than Omaha. Its rents are pretty similar. Carter Lake's median monthly rent is $917, which is very similar to Omaha.
Chalco
Chalco is Omaha's neighbor to the southwest. Its real estate prices are pretty similar. The median home cost in Chalco is $153,100, which is $6,600 (4%) lower than Omaha. Its rents are a little less expensive. Chalco's median rent is $856 per month, which is $67 (7%) lower than Omaha.
Papillion
Papillion is roughly 7 miles south of Omaha. The real estate prices there are a bit more expensive. The median home in Papillion costs $189,900, which works out to $30,200 (15%) higher than Omaha. The rent there is similar. In Papillion the median rent is $917 a month, which is very similar to Omaha.
Bennington
Bennington is approximately 8 miles northwest from Omaha. The housing prices there are a little more expensive. The median home in Bennington costs $212,400, which works out to $52,700 (24%) higher than Omaha. The rent there is pretty similar. The median rent in Bennington is $920 a month, which is very similar to Omaha.