Mortgage payment estimates, closing cost breakdowns, and homebuying data for Omaha, Nebraska.
Pre-filled with Omaha median home price and Nebraska tax/insurance rates. Adjust for your property.
Estimated closing costs based on Nebraska rates and fees applied to Omaha prices.
The median home price in Omaha is $275,000, 12% above the Nebraska state median of $245,000. With a population of 486,051, Omaha is a mid-size city where home prices reflect strong demand and local economic factors.
Property taxes in Nebraska average 1.73% annually. This higher-than-average tax rate means a $275,000 home in Omaha would carry roughly $396/month in property taxes alone — plan accordingly. Homeowners insurance in Nebraska runs approximately $2,800 per year. This is within the normal range nationally.
Average rent in Omaha is $1,180/month. The price-to-rent ratio in Omaha is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Omaha presents moderate affordability. The $275K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.