According to the Zillow Home Value Index, Nebraska offers some compelling affordable housing options that you might want to consider. The 25 least expensive neighborhoods in the state have an average home value of just $144,717, with prices ranging from $90,611 to $170,378 as of February 2025.
You’ll find that 21 of these affordable neighborhoods are located in Omaha, Nebraska’s largest city, while 3 are in Lincoln, the state capital. This concentration of affordable options in urban centers offers you the opportunity to enjoy city amenities without the high costs typically associated with metropolitan areas.
What’s particularly interesting is that many of these neighborhoods have seen tremendous growth over the past decade. The average five-year appreciation since 2020 is approximately 66%, indicating that even these affordable areas have participated in the broader housing market growth. Only 8 neighborhoods have complete historical data going back to 2010, suggesting many of these areas are newer developments or have only recently been tracked by Zillow’s metrics.
25. Everett, Lincoln
- 2025 Value: $170,378
- 2020 Value: $112,461
- 2015 Value: $74,321
- 2010 Value: $85,610
- Change 2010-2025: 99.02%
- Change 2015-2025: 129.25%
- Change 2020-2025: 51.50%
Unique to Nebraska’s capital city in the southeastern part of the state, Everett in Lincoln offers a home value of $170,378 as of February 2025. Since 2010 when values were at $85,610, this neighborhood has shown impressive growth with a 99.02% change over the 15-year period. From 2015’s value of $74,321, you’ve seen a 129.25% increase to today’s prices. Comparing to 2020 values of $112,461, there has been a 51.50% change in just five years and has seen particularly strong growth since 2020. At 63% of the Nebraska median home value, you’ll find this neighborhood offers significant affordability compared to other parts of the state.
24. Spring Lake, Omaha
- 2025 Value: $165,376
- 2020 Value: N/A
- 2015 Value: N/A
- 2010 Value: N/A
- Change 2010-2025: N/A
- Change 2015-2025: N/A
- Change 2020-2025: N/A
Established historically in Nebraska’s largest city in the eastern part of the state, near the Missouri River, Spring Lake in Omaha offers a home value of $165,376 as of February 2025. Historical data is limited for this neighborhood, but it represents one of the most affordable areas in Nebraska.
23. Brown Park, Omaha
- 2025 Value: $164,721
- 2020 Value: $102,169
- 2015 Value: N/A
- 2010 Value: N/A
- Change 2010-2025: N/A
- Change 2015-2025: N/A
- Change 2020-2025: 61.22%
Carved out in Nebraska’s largest city in the eastern part of the state, near the Missouri River, Brown Park in Omaha offers a home value of $164,721 as of February 2025. Comparing to 2020 values of $102,169, there has been a 61.22% change in just five years and has seen particularly strong growth since 2020.
22. Highland South-Indian Hills, Omaha
- 2025 Value: $162,715
- 2020 Value: N/A
- 2015 Value: N/A
- 2010 Value: N/A
- Change 2010-2025: N/A
- Change 2015-2025: N/A
- Change 2020-2025: N/A
Built within Nebraska’s largest city in the eastern part of the state, near the Missouri River, Highland South-Indian Hills in Omaha offers a home value of $162,715 as of February 2025. Historical data is limited for this neighborhood, but it represents one of the most affordable areas in Nebraska.
21. North Bottoms, Lincoln
- 2025 Value: $161,445
- 2020 Value: $110,269
- 2015 Value: $80,367
- 2010 Value: $76,800
- Change 2010-2025: 110.21%
- Change 2015-2025: 100.88%
- Change 2020-2025: 46.41%
Positioned strategically in Nebraska’s capital city in the southeastern part of the state, North Bottoms in Lincoln offers a home value of $161,445 as of February 2025. Since 2010 when values were at $76,800, this neighborhood has more than doubled in value with a 110.21% change over the 15-year period. From 2015’s value of $80,367, you’ve seen a 100.88% increase to today’s prices. Comparing to 2020 values of $110,269, there has been a 46.41% change in just five years and has seen strong growth since 2020.
20. Columbus Park, Omaha
- 2025 Value: $161,116
- 2020 Value: $99,414
- 2015 Value: $56,420
- 2010 Value: $53,670
- Change 2010-2025: 200.20%
- Change 2015-2025: 185.57%
- Change 2020-2025: 62.07%
Embedded in Nebraska’s largest city in the eastern part of the state, near the Missouri River, Columbus Park in Omaha offers a home value of $161,116 as of February 2025. Since 2010 when values were at $53,670, this neighborhood has skyrocketed in value, showing phenomenal growth with a 200.20% change over the 15-year period. From 2015’s value of $56,420, you’ve seen a 185.57% increase to today’s prices. Comparing to 2020 values of $99,414, there has been a 62.07% change in just five years and has seen strong growth since 2020.
19. Binney Wirt Spencer, Omaha
- 2025 Value: $161,026
- 2020 Value: N/A
- 2015 Value: N/A
- 2010 Value: N/A
- Change 2010-2025: N/A
- Change 2015-2025: N/A
- Change 2020-2025: N/A
Integrated within Nebraska’s largest city in the eastern part of the state, near the Missouri River, Binney Wirt Spencer in Omaha offers a home value of $161,026 as of February 2025. Historical data is limited for this neighborhood, but it represents one of the most affordable areas in Nebraska.
18. Deer Park, Omaha
- 2025 Value: $158,906
- 2020 Value: $98,694
- 2015 Value: $58,586
- 2010 Value: $62,252
- Change 2010-2025: 155.26%
- Change 2015-2025: 171.24%
- Change 2020-2025: 61.01%
Evolving in Nebraska’s largest city in the eastern part of the state, near the Missouri River, Deer Park in Omaha offers a home value of $158,906 as of February 2025. Since 2010 when values were at $62,252, this neighborhood has experienced tremendous appreciation with a 155.26% change over the 15-year period. From 2015’s value of $58,586, you’ve seen a 171.24% increase to today’s prices. Comparing to 2020 values of $98,694, there has been a 61.01% change in just five years and has seen particularly strong growth since 2020.
17. Omaha View, Omaha
- 2025 Value: $158,054
- 2020 Value: N/A
- 2015 Value: N/A
- 2010 Value: N/A
- Change 2010-2025: N/A
- Change 2015-2025: N/A
- Change 2020-2025: N/A
Growing in Nebraska’s largest city in the eastern part of the state, near the Missouri River, Omaha View in Omaha offers a home value of $158,054 as of February 2025. Historical data is limited for this neighborhood, but it represents one of the most affordable areas in Nebraska.
16. South Salt Creek, Lincoln
- 2025 Value: $153,794
- 2020 Value: $102,075
- 2015 Value: $67,305
- 2010 Value: $78,637
- Change 2010-2025: 95.57%
- Change 2015-2025: 128.50%
- Change 2020-2025: 50.67%
Settled in Nebraska’s capital city in the southeastern part of the state, South Salt Creek in Lincoln offers a home value of $153,794 as of February 2025. Since 2010 when values were at $78,637, this neighborhood has shown impressive growth with a 95.57% change over the 15-year period. From 2015’s value of $67,305, you’ve seen a 128.50% increase to today’s prices. Comparing to 2020 values of $102,075, there has been a 50.67% change in just five years and has seen strong growth since 2020.
15. Miller Park-Minne Lusa, Omaha
- 2025 Value: $152,913
- 2020 Value: $91,549
- 2015 Value: $58,821
- 2010 Value: $67,071
- Change 2010-2025: 127.99%
- Change 2015-2025: 159.96%
- Change 2020-2025: 67.03%
Rooted in Nebraska’s largest city in the eastern part of the state, near the Missouri River, Miller Park-Minne Lusa in Omaha offers a home value of $152,913 as of February 2025. Since 2010 when values were at $67,071, this neighborhood has more than doubled in value with a 127.99% change over the 15-year period. From 2015’s value of $58,821, you’ve seen a 159.96% increase to today’s prices. Comparing to 2020 values of $91,549, there has been a 67.03% change in just five years and has seen particularly strong growth since 2020.
14. Lynch Park, Omaha
- 2025 Value: $152,565
- 2020 Value: N/A
- 2015 Value: N/A
- 2010 Value: N/A
- Change 2010-2025: N/A
- Change 2015-2025: N/A
- Change 2020-2025: N/A
Anchored in Nebraska’s largest city in the eastern part of the state, near the Missouri River, Lynch Park in Omaha offers a home value of $152,565 as of February 2025. Historical data is limited for this neighborhood, but it represents one of the most affordable areas in Nebraska.
13. E R Danner-Kountze Park, Omaha
- 2025 Value: $149,614
- 2020 Value: N/A
- 2015 Value: N/A
- 2010 Value: N/A
- Change 2010-2025: N/A
- Change 2015-2025: N/A
- Change 2020-2025: N/A
Emerging in Nebraska’s largest city in the eastern part of the state, near the Missouri River, E R Danner-Kountze Park in Omaha offers a home value of $149,614 as of February 2025.
12. Fort Redman, Omaha
- 2025 Value: $145,056
- 2020 Value: N/A
- 2015 Value: N/A
- 2010 Value: N/A
- Change 2010-2025: N/A
- Change 2015-2025: N/A
- Change 2020-2025: N/A
Thriving in Nebraska’s largest city in the eastern part of the state, near the Missouri River, Fort Redman in Omaha offers a home value of $145,056 as of February 2025. Historical data is limited for this neighborhood, but it represents one of the most affordable areas in Nebraska. At 54% of the Nebraska median home value, you’ll find this neighborhood offers significant affordability compared to other parts of the state.
11. Wakonda, Omaha
- 2025 Value: $143,662
- 2020 Value: N/A
- 2015 Value: N/A
- 2010 Value: N/A
- Change 2010-2025: N/A
- Change 2015-2025: N/A
- Change 2020-2025: N/A
Developed in Nebraska’s largest city in the eastern part of the state, near the Missouri River, Wakonda in Omaha offers a home value of $143,662 as of February 2025. Historical data is limited for this neighborhood, but it represents one of the most affordable areas in Nebraska.
10. Orchard Hill, Omaha
- 2025 Value: $142,678
- 2020 Value: N/A
- 2015 Value: N/A
- 2010 Value: N/A
- Change 2010-2025: N/A
- Change 2015-2025: N/A
- Change 2020-2025: N/A
Flourishing in the northeastern area of Omaha, Orchard Hill in Omaha offers a home value of $142,678 as of February 2025. Historical data is limited for this neighborhood, but it represents one of the most affordable areas in Nebraska.
9. Fontenelle View, Omaha
- 2025 Value: $133,354
- 2020 Value: N/A
- 2015 Value: N/A
- 2010 Value: N/A
- Change 2010-2025: N/A
- Change 2015-2025: N/A
- Change 2020-2025: N/A
Centered in Nebraska’s largest city in the eastern part of the state, near the Missouri River, Fontenelle View in Omaha offers a home value of $133,354 as of February 2025. Historical data is limited for this neighborhood, but it represents one of the most affordable areas in Nebraska.
8. Prospect Village, Omaha
- 2025 Value: $132,803
- 2020 Value: N/A
- 2015 Value: N/A
- 2010 Value: N/A
- Change 2010-2025: N/A
- Change 2015-2025: N/A
- Change 2020-2025: N/A
Residing in Nebraska’s largest city in the eastern part of the state, near the Missouri River, Prospect Village in Omaha offers a home value of $132,803 as of February 2025. Historical data is limited for this neighborhood, but it represents one of the most affordable areas in Nebraska.
7. Laird Street, Omaha
- 2025 Value: $132,410
- 2020 Value: $63,983
- 2015 Value: N/A
- 2010 Value: N/A
- Change 2010-2025: N/A
- Change 2015-2025: N/A
- Change 2020-2025: 106.95%
Established in Nebraska’s largest city in the eastern part of the state, near the Missouri River, Laird Street in Omaha offers a home value of $132,410 as of February 2025. Comparing to 2020 values of $63,983, there has been a 106.95% change in just five years and has seen particularly strong growth since 2020.
6. Levi Carter Sherman, Omaha
- 2025 Value: $128,427
- 2020 Value: $63,441
- 2015 Value: $33,833
- 2010 Value: $28,922
- Change 2010-2025: 344.04%
- Change 2015-2025: 279.59%
- Change 2020-2025: 102.44%
Located in Nebraska’s largest city in the eastern part of the state, near the Missouri River, Levi Carter Sherman in Omaha offers a home value of $128,427 as of February 2025. Since 2010 when values were at $28,922, this neighborhood has skyrocketed in value, showing phenomenal growth with a 344.04% change over the 15-year period. From 2015’s value of $33,833, you’ve seen a 279.59% increase to today’s prices. Comparing to 2020 values of $63,441, there has been a 102.44% change in just five years and has seen particularly strong growth since 2020.
5. Triple One, Omaha
- 2025 Value: $126,007
- 2020 Value: $69,145
- 2015 Value: $39,962
- 2010 Value: $48,893
- Change 2010-2025: 157.72%
- Change 2015-2025: 215.31%
- Change 2020-2025: 82.24%
Situated in North Omaha between 30th and 33rd Streets, Triple One in Omaha offers a home value of $126,007 as of February 2025. Since 2010 when values were at $48,893, this neighborhood has experienced tremendous appreciation with a 157.72% change over the 15-year period. From 2015’s value of $39,962, you’ve seen a 215.31% increase to today’s prices. Comparing to 2020 values of $69,145, there has been a 82.24% change in just five years and has seen strong growth since 2020.
4. North Omaha, Omaha
- 2025 Value: $124,873
- 2020 Value: N/A
- 2015 Value: N/A
- 2010 Value: N/A
- Change 2010-2025: N/A
- Change 2015-2025: N/A
- Change 2020-2025: N/A
Positioned within the northern part of Omaha with rich cultural heritage, North Omaha in Omaha offers a home value of $124,873 as of February 2025. Historical data is limited for this neighborhood, but it represents one of the most affordable areas in Nebraska. At 46% of the Nebraska median home value, you’ll find this neighborhood offers significant affordability compared to other parts of the state.
3. The Fort Omaha, Omaha
- 2025 Value: $124,293
- 2020 Value: N/A
- 2015 Value: N/A
- 2010 Value: N/A
- Change 2010-2025: N/A
- Change 2015-2025: N/A
- Change 2020-2025: N/A
Found in situated around the historic Fort Omaha military installation in North Omaha, The Fort Omaha in Omaha offers a home value of $124,293 as of February 2025. Historical data is limited for this neighborhood, but it represents one of the most affordable areas in Nebraska.
2. Central Park, Omaha
- 2025 Value: $121,127
- 2020 Value: N/A
- 2015 Value: N/A
- 2010 Value: N/A
- Change 2010-2025: N/A
- Change 2015-2025: N/A
- Change 2020-2025: N/A
Tucked away in North Omaha with historic significance dating back to the early 1900s, Central Park in Omaha offers a home value of $121,127 as of February 2025. Historical data is limited for this neighborhood, but it represents one of the most affordable areas in Nebraska.
1. Falls City, Falls City
- 2025 Value: $90,611
- 2020 Value: $64,849
- 2015 Value: N/A
- 2010 Value: N/A
- Change 2010-2025: N/A
- Change 2015-2025: N/A
- Change 2020-2025: 39.73%
Nestled in the southeastern corner of Nebraska, close to the Kansas and Missouri borders, Falls City offers a home value of $90,611 as of February 2025. Comparing to 2020 values of $64,849, there has been a 39.73% change in just five years and has seen particularly strong growth since 2020. At 34% of the Nebraska median home value, you’ll find this neighborhood offers significant affordability compared to other parts of the state.
