2 of 10
BACKNEXT
2. Omaha Neb.: Rent
Omaha Neb.: Rent
Average list price: $276,000
Average annual rent: $10,400
Price to rent ratio: 26.4

Unlike many Midwestern cities in the more industrialized areas, Omaha has been on a fast track for growth. Its population has increased by more than 12% since 2000. The economy has remained very strong with unemployment at only 5.5% in April, almost half the national level.

There is a limited supply of homes available within the city limits and that has kept condo prices unexpectedly high for this normally very restrained real estate market. Many downtown, two-bedroom condos sell for a half million dollars or more.

In contrast, rents are reasonably low with many two-bedroom apartments listing for under $800. That means owning is quite a lot more expensive than renting.

NEXT: Manhattan: Rent
Last updated June 14 2010: 2:22 PM ET
  • Find Homes for sale
    Real estate and homes for sale on Trulia

  • Property Type
  • Find a home in:
  • New York | Atlanta | Chicago | Los Angeles
  • Washington D.C | Houston | Philadelphia | More options
More Galleries
These 10 food trends could dominate 2015 So long, kale. Here's what's expected to shake up the food industry next year. More
Beyond Russia: Geopolitical hot spots in 2015 Investors beware: These 5 global crises are likely to rattle the stock market and world economy. More
These 20 antique guns could fetch big bucks Morphy Auctions in Pennsylvania is putting nearly 1,000 old guns on the block. Here are just a few. More

Special Offer

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.