$420,280Average Value$336Average Price per Sq Ft24Homes For Sale
What to expect when you live in Downtown Omaha
If you live in Downtown Omaha, you can walk to shops and restaurants in the historic Old District, RiverFront parks and major employers. The neighborhood is on the Missouri River and the Nebraska-Iowa state line that separates Omaha from Council Bluffs. The city is pouring billions of dollars into redevelopment projects for the area, including the 44-story Mutual of Omaha Tower, slated for completion in 2026, and the Omaha Streetcar, which should be running by 2028.
The Old Market blends brick streets with shops and dining in Downtown Omaha.
The beach at Lewis & Clark Landing offers sand and firepits by the river.
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Restaurants and shops in the Old Market are just steps away
The Old Market is Omaha’s shopping and dining hub. “You’ve got old brick roads downtown, which really drew me to the area,” says Steve VanHerpen, Realtor with Real Broker, NE, who’s lived in Omaha for almost 26 years. Nostalgic sweets and retro décor create the vibe at Hollywood Candy, and Homer’s music store has been a mecca for vinyl collectors since 1971. The streets are packed with places to meet up with friends or have an elegant evening out. Here are a few hot spots:
¬Clio, a Mediterranean restaurant serving kabobs, shawarma and hot and cold mezze
Plank Provisions for oysters and happy hour specials on wine and cocktails
Twisted Fork Grill & Saloon, specializing in comfort food with a “cowboy twist,” like smoked gouda mac & cheese and chicken pot pie risotto
Mr. Toad for live jazz and cold beer
Sozo Coffeehouse, a cozy café with sofas and pool tables
Downtown also has a couple of small grocery stores, including DGX and Downtown Food Mart. There are no full-sized supermarkets in the neighborhood, so you might have to use delivery services if you don’t have a car.
Plank Provisions in the Old Market is known for oysters and a lively happy hour.
Mr. Toad in the Old Market is a frequent stop for live jazz and casual drinks.
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Getting around Omaha on foot, by bike or by car
Downtown Omaha is highly walkable and has plenty of bike lanes. Union Pacific Center, a major employer, is right in the neighborhood. People who drive can connect to highways like Interstate 480, which crosses the Missouri River into Council Bluffs. Buses on the Regional Metropolitan Transit Authority of Omaha system serve the neighborhood, and the Omaha Streetcar project should be finished in 2028, connecting to Midtown Omaha, North Downtown, the Blackstone District and the University of Nebraska Medical Center (UNMC). The Omaha Amtrak station is one of the stops on the California Zephyr route that connects Chicago to San Francisco. For air travel, Eppley Airfield is 3 miles away, a drive that takes about five minutes.
Housing options and how much you can expect to spend
Most people who live downtown rent, and apartments dominate the property mix, but condos are available for buyers. Many buildings offer garage space or subterranean parking, and some upscale lofts and penthouses have home gyms. The median home sale price for Downtown Omaha is $345,000 — slightly higher than Omaha’s median of $295,000, but lower than some trendy neighborhoods like Dundee. One-bedroom condos sell in the mid-$100,000 to upper $200,000 range, but larger condos and lofts range from the lower $400,000s to the mid-$600,000s. Luxury penthouses fetch prices from the low $900,000s to over a million. If you buy a condo, be prepared for monthly HOA fees, which start around $300 but can top $1,000 in some upscale buildings.
Downtown Omaha housing places condos and apartments near jobs, entertainment, and the RiverFront.
Condos are widely available across Downtown Omaha, with buildings near parks.
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Events and cultural happenings downtown
Every June, the Omaha College World Series (CWS) takes over Charles Schwab Field. The series is the championship finale of the NCAA Division I baseball tournament and draws roughly 25,000 spectators per game. Creighton University, known for its men’s basketball team, broke ground on its 50,000-square-foot Sports Performance Center in November 2025. The center is due to open in 2027. The CHI Health Center Arena and Convention Center on North 10th Street hosts sporting events and big-name artists like Rascal Flatts and Zach Bryan. The Omaha Performing Arts nonprofit — “O-pa” for short — operates venues like the Orpheum Theater and Holland Performing Arts Center. Downtown also has several museums, including:
The Joslyn, an art museum with rotating exhibitions, galleries and a theater
The Durham Museum, which showcases travel history in a restored Art Deco train station
Omaha Children’s Museum, offering daily events and programs geared toward little ones
Museum of Shadows, home to thousands of “haunted” artifacts
The Joslyn highlights rotating exhibitions inside a restored Art Deco landmark.
Omaha Children’s Museum offers hands-on exhibits and daily programs for kids.
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RiverFront parks are the places to go for fresh air and exercise
Three parks connect in the RiverFront, steps away from the Old Market. “It’s kind of our version of Central Park,” VanHerpen says. The Gene Leahy Mall has walking paths that lead past sculptures, a waterfall and creative climbing equipment at Arches Playground. The “Skate Ribbon” at Heartland of America Park welcomes roller skaters in warm weather and transforms into an ice-skating rink in winter. The third park, Lewis & Clark Landing, overlooks the Missouri River and includes a beach area with firepits, a playground and sand volleyball courts. There are plenty of fitness centers downtown, and Anytime Fitness on Jones Street is open 24 hours a day.
Gene Leahy Mall features public art along paths in the RiverFront parks.
A pedestrian bridge connects paths across Lewis & Clark Landing by the river.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the Downtown Omaha neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Downtown Omaha
US
Homicide
7
4
Sexual Assault
8
4
Assault with Weapon
7
4
Robbery
7
4
Burglary
9
4
Motor Vehicle Theft
9
4
Larceny
8
4
Crime Score
6
4
Source: WhatIsMyCrimeRisk.com
Downtown Omaha Demographics and Home Trends
On average, homes in Downtown Omaha, Omaha sell after 38 days on the market compared to the national average of 56 days. The median sale price for homes in Downtown Omaha, Omaha over the last 12 months is $450,000, up 33% from the median home sale price over the previous 12 months.
Nestled in the Old Market, Cornerstone: The Residences is Omaha’s newest luxury condominium development set within one of the city’s most iconic historic buildings. Residences offer inviting floor plans from spacious 1-bedrooms to a custom penthouse with rooftop oasis. Two curated finish packages include The Modern for clean, contemporary design and The Traditional blending historic character
Nestled in the Old Market, Cornerstone: The Residences is Omaha’s newest luxury condominium development set within one of the city’s most iconic historic buildings. Residences offer inviting floor plans from spacious 1-bedrooms to a custom penthouse with rooftop oasis. Two curated finish packages include The Modern for clean, contemporary design and The Traditional blending historic character
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Nestled in the Old Market, Cornerstone: The Residences is Omaha’s newest luxury condominium development set within one of the city’s most iconic historic buildings. Residences offer inviting floor plans from spacious 1-bedrooms to a custom penthouse with rooftop oasis. Two curated finish packages include The Modern for clean, contemporary design and The Traditional blending historic character
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Starting School in the Fall? Your new condo is perfectly located for students attending UNO, Creighton, or downtown professionals. This stylish downtown condo in the historic FNBO Building puts you within walking distance of restaurants, coffee shops, entertainment, and the Old Market. Enjoy modern conveniences, including dedicated garage parking, secure front access, elevator, laundry on every
171 luxury and unique apartments that allow for your personality to show through. The location in the middle of the Millwork Commons district guarantees that you are in the heart of the action.
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Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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