Omaha Home Prices by ZIP Code: Best-Value Suburbs (2026)
By Sharon Ben-Moshe · July 13, 2026
Omaha home prices range from $359,586 to $506,190 across five top-scoring suburbs. See where NeighborScore's value score finds the best balance of price, rent, and school quality this spring, ZIP by ZIP.
Omaha's top-scoring suburban ZIP codes carry median home prices from $359,586 to $506,190, according to Zillow and Redfin data underlying NeighborScore's property metrics as of April 2026. Here's how five Omaha-area ZIP codes compare on price, rent, and school quality — and which ones currently offer the best value relative to Nebraska's statewide median.
Omaha Home Prices by ZIP Code
- 68022 — median price $506,190, median rent $1,655/mo, school score 85/100, value score 29/100
- 68116 — median price $359,586, median rent $1,779/mo, school score 83/100, value score 36/100
- 68135 — median price $401,567, median rent $1,773/mo, school score 81/100, value score 34/100
- 68136 — median price $419,000, median rent $1,873/mo, school score 78/100, value score 33/100
- 68118 — median price $375,325, median rent $1,585/mo, school score 74/100, value score 34/100
Every ZIP code in this comparison posts a school score above 74 out of 100, well above the national median, which is consistent with Omaha's reputation as a strong public-school metro relative to its cost of living. The gap between the highest and lowest school score here is only 11 points, far narrower than the price spread of nearly $150,000, meaning school quality is fairly consistent across these suburbs while price varies considerably.
None of the five ZIP codes in this comparison carries Omaha's countywide crime score of 25 out of 100, the same baseline tier common to many metros without ZIP-level FBI incident data. That means price, rent, and school quality — not safety — are what actually separate these submarkets for buyers weighing a move within the metro.
Where Price and Value Diverge
68022 posts the metro's best school score at 85 out of 100 but the weakest value score, at 29 out of 100, since it also carries the highest median price in this group. 68116 tells the opposite story: an 83/100 school score paired with the best value score among the five ZIP codes, at 36 out of 100, thanks to a median price more than $146,000 lower than 68022's. For buyers who don't need the single highest school score available, 68116 currently represents the strongest combination of price and school quality in this comparison.
Rent doesn't track price cleanly across this group. 68136 posts the highest median rent at $1,873 per month despite a mid-pack sale price of $419,000, while 68118 combines the second-lowest sale price with the lowest rent, at $1,585 per month. That gap suggests 68136 may currently be a stronger option for investors focused on rental yield than for owner-occupants chasing the lowest purchase price, according to the rent and sale figures reported through Zillow's ZORI methodology.
That competitiveness is notable given how much the price points vary across this group — a seller's market at $359,586 in 68116 looks different in practice than a seller's market at $506,190 in 68022, even though both post sale-to-list ratios above 1.0.
Sale-to-List Ratios Point to a Competitive Market
All five ZIP codes closed above asking price in the most recent data pull, with sale-to-list ratios ranging from 1.004 in 68022 to 1.020 in 68118. A ratio above 1.0 means homes are selling for more than their list price on average, indicating sellers currently hold the advantage across every ZIP code in this comparison — even the priciest one. 68118's 1.020 ratio, the highest of the group, points to particularly strong buyer demand relative to available inventory in that ZIP code specifically.
Bottom Line
Omaha's ZIP 68116 currently offers the strongest combination of school quality and NeighborScore value among the five ZIP codes compared here, at an 83/100 school score and a 36/100 value score. ZIP 68022 remains the top choice for buyers prioritizing school score above all else, despite carrying the highest price and the lowest value score in the group. Full price, rent, and score history for each ZIP code is available on their NeighborScore profiles, and more market-trends coverage of other metros is posted on the NeighborScore blog.