Omaha, NE Homes For Rent

Homes for Rent in Omaha, NE: What You Need to Know

Omaha in eastern Nebraska is the state’s largest city with a population of 478,192. Omaha’s most famous citizen, billionaire Warren Buffet, helped put the city on the map.

Job Opportunities in Omaha

A business-friendly climate and talented workforce make Omaha an ideal home to more than 45,000 businesses, including Fortune 500 companies such as Warren Buffet’s multinational holding company Berkshire Hathaway, Union Pacific Railroad, Mutual of Omaha Insurance, and Kiewit Corp. In addition, these Fortune 1000 companies are also based in the city: TD Ameritrade, Green Plains Inc., and Valmont Industries. Berkshire Hathaway brings thousands of visitors to the city through its annual meeting.  

The Cost of Living in the City

You’ll pay less to live in Omaha, a medium-size city whose cost of living is 17.2% lower than the national average. Food and transportation costs are also 23.8% and 15.5% lower than the national average, respectively. The city’s median gross rent is $896 while the median rent for a two-bedroom apartment is $1,061. Nebraska’s progressive state income tax rate ranges from 2.46% to 6.84%. The state’s sales tax rate ranges from 5.50% to 8%.

Know Your Neighborhoods

If you like high-rise living, downtown Omaha offers a variety of options in apartments such as The Barker in the business district and Old Market Lofts and Capitol District Apartments at the heart of downtown. Want to be close to downtown without living there? Benson is nearby and it has a lot of new apartments and condos and affordable houses. If you prefer the suburbs, check out Papillon, La Vista, and Gretna for their great schools, parks, and a sense of community. 

A Rich Local History

Omaha got its name from the Native American tribe that originally lived in the area. In the 1850s, people began to arrive as they anticipated the opening of Nebraska to settlement. In 1854, the Omaha tribe ceded its land. Nebraska Territory was created and Omaha was founded. In the 1860s and 1870s, the city thrived and was chosen as the point for the Western expansion of the transcontinental railroad. In 1898, Omaha hosted the Trans-Mississippi International Exposition, a world fair that attracted two million visitors.

Shopping in Town

Whether it’s unique boutiques or name-brand stores, shoppers will find what they want in Omaha. The Shops of Legacy is an upscale mall with more than 120,000 square feet of space for shops and restaurants while Aksarben Village is a walkable cluster of unique shops, restaurants, and bars. Be sure to visit Berkshire Hathaway-owned Borsheims, the country’s largest independent jewelry store, for unique jewelry, timepieces, and gift items.