Figvest

Rental Investing in Omaha, NE

2026 Market Data & Investment Analysis

Gross Yield

6.5%

Annual rent / price

Median Home Price

$240,000

As of 2026-Q1

Median Monthly Rent

$1,300

Per month

Population

486,051

+0.6% / yr (5y avg)

Calculate Your Return in Omaha

Pre-filled with Omaha's median values. Adjust to match your specific property.

Property Details

$

Total acquisition cost before taxes

$
$

HOA, insurance, property management

%

% of time the property is empty

%

% of purchase price (e.g. 2% = 2)

% of price

Rule of thumb: 1% of purchase price/yr

Results

Gross Rental Yield

6.50%

Net Rental Yield

4.18%

Cap Rate

4.18%

Monthly Cash Flow

$835.00

Annual Cash Flow

$10,020.00

> 6% — Excellent4–6% — Good< 4% — Low

Market Overview

Median Home Price — 5-Year Trend

2021
$204,000
2022
$263,000
2023
$249,000
2024
$244,000
2025
$240,000

Median Monthly Rent — 5-Year Trend

2021
$1,110
2022
$1,275
2023
$1,304
2024
$1,302
2025
$1,300

Omaha provides solid rental yields of 6.5%, in line with healthy investment market benchmarks.

Modest population growth of 0.6% per year indicates a stable but slowly growing rental market.

The vacancy rate of 5.8% is healthy, indicating strong rental demand and limited downtime between tenants.

Investment Profile

Cash Flow Market

Omaha is a cash flow-focused market where high rental yields can generate strong monthly income. Lower population growth means price appreciation may be limited, making this primarily an income play.

✓ Strengths

  • •High gross yield of 6.5% supports strong monthly cash flow
  • •Lower entry prices relative to rents reduce upfront capital needed
  • •Income-driven returns are less dependent on market timing

! Risks

  • •Limited price appreciation potential reduces total return
  • •Modest population growth limits long-term demand growth

Key Metrics

Gross Yield6.5%
Median Home Price$240,000
Median Monthly Rent$1,300
Population Growth+0.6% / yr
Vacancy Rate5.8%

How Omaha Compares

Omaha vs Kansas City: 0.3 percentage point difference in gross yield.

CityMedian PriceMedian RentGross YieldPop. Growth
Kansas City, MO$220,000$1,2506.8%+0.5%
Minneapolis, MN$320,000$1,6006%+0.2%
Denver, CO$540,000$1,9004.2%+0.7%
Oklahoma City, OK$195,000$1,1507.1%+0.8%
St. Louis, MO$175,000$1,1007.5%-0.8%

Frequently Asked Questions

Is rental investing profitable in Omaha?▾
Yes, Omaha offers a gross rental yield of 6.5%, which is above the national average of around 5–6%. With a median home price of $240,000 and median monthly rent of $1,300, the numbers support profitable rental investing — though your specific results depend on financing terms, expenses, and property management.
What is the average rental yield in Omaha?▾
The average gross rental yield in Omaha is approximately 6.5%, based on a median home price of $240,000 and median monthly rent of $1,300 (as of 2026-Q1). Net yield, which accounts for vacancy, expenses, and maintenance, is typically 2–3 percentage points lower.
How does Omaha compare to Kansas City for investors?▾
Omaha has a gross yield of 6.5% compared to 6.8% in Kansas City, a difference of 0.3 percentage points. Kansas City offers higher current yield. Omaha may compensate through stronger population growth and long-term appreciation potential.

Ready to Analyse a Specific Property in Omaha?

Use our free rental yield calculator to model any property — not just the median.

Open Rental Yield Calculator →

Compare with nearby cities:

Kansas City, MOMinneapolis, MNDenver, COOklahoma City, OK

Data source: Zillow Research / U.S. Census Bureau. Last updated: 2026-Q1. This information is for educational purposes only and does not constitute investment advice.