Omaha, NE variant. This is a Omaha, NE-specific version of the Rental Yield Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Rental Yield Calculator.
Omaha's gross rental yield - annual rent ÷ property price - is about 5.8%, based on $1,300/month rent on a $270,000 median home.
Rental yield in Omaha
Gross yield = ($1,300 × 12) ÷ $270,000 = 5.8%. Net yield subtracts property tax (1.92%), insurance, vacancy, and maintenance.
High-price metros tend to show lower yields (price outruns rent); affordable metros often yield more. Omaha's yield is attractive for cash-flow investors.
About Omaha, NE
Omaha applies Nebraska state income and sales taxes, with a moderate overall burden.
Omaha offers affordable home prices relative to most large US cities.
Omaha is a center for insurance and finance and is home to several major corporations, with a cost of living below the national average.
Worked example: Omaha yield
Annual rent $15,600 ÷ price $270,000 = 5.8% gross. After 1.92% property tax and ~1% maintenance, net yield is meaningfully lower.
Quick reference
- Median home value: $270,000
- Median rent: $1,300/mo
- Median household income: $71,373
- Local sales tax: 7%
- Effective property tax rate: 1.92%
- Cost of living index: 88 (US avg = 100)
Frequently Asked Questions
What is a good rental yield?
Many investors target 6-8% gross; Omaha runs about 5.8%.
How is rental yield calculated?
Gross yield = annual rent ÷ purchase price. Net yield also subtracts taxes, insurance, vacancy, and upkeep.