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Market MapOmaha, NE
Metropolitan Area

Omaha, NE

Nebraska0
59
/100
Hold
#533 of 894 metros
Top 60% nationally for investing

Market Snapshot

$295,611
Median Home Price
21% above national median
$1,395/mo
Median Rent
1% above national median
5.66%
Rent-to-Price Ratio
Top 59% nationally
-$643
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$295,611
Down Payment (20%)$59,122
Loan Amount$236,489
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,395
Monthly P&I-$1,550
Est. Expenses (35%)-$488
Net Cash Flow-$643/mo
3.7%
Cap Rate (all cash)
-11.3%
Cash-on-Cash Return
5.66%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.7% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
59/100
59
Cash Flow(30%)
55/100

Based on 5.66% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
67/100

Based on 2.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
67/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Low unemployment (0.0%)

Challenges

  • -Negative cash flow at typical financing (-$643/mo)
  • -Negative leverage (cap rate 3.7% < mortgage rate 6.9%)

Counties in Omaha, NE

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Huron, SD
Huron, SD
79$185,106Est.Strong BuyView
Williamsport, PA
Williamsport, PA
79$224,545$1,7679.44%Strong BuyView
Mount Vernon, IL
Mount Vernon, IL
79$131,612Est.Strong BuyView
Peoria, IL
Peoria, IL
78$162,247$1,1458.47%Strong BuyView
Lawton, OK
Lawton, OK
78$148,862$1,0528.48%Strong BuyView
Current
Omaha, NE
59$295,611$1,3955.66%Hold

The Bottom Line

HoldOmaha, NE is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Omaha, NE metro area scores 59/100, ranking #533 of 894 US metros (top 60%). The 5.66% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-643/mo
Cap Rate
3.7%
Cash-on-Cash
-13.0%

Ready to Invest in Omaha, NE?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

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