Omaha Homes under $500,000

Welcome to Omaha, Nebraska – a city where Midwestern charm meets vibrant urban life! Nestled along the banks of the Missouri River, Omaha is not just a city; it’s a community rich in culture, history, and opportunity. Known for its friendly residents and thriving neighborhoods, Omaha offers a unique blend of big-city amenities and small-town warmth.

For homebuyers seeking affordability without compromising on quality, Omaha presents an impressive selection of homes under $500,000. This price point opens the door to a variety of options, from charming bungalows in established neighborhoods to modern townhomes in up-and-coming areas. Families will appreciate the spacious yards and excellent school districts, while young professionals will find trendy lofts and condos that fit their lifestyle.

Omaha's real estate market is diverse, with homes reflecting the city's architectural heritage and contemporary designs. You’ll find properties equipped with modern amenities, often featuring open floor plans, updated kitchens, and beautiful outdoor spaces perfect for entertaining. Plus, with a cost of living that is significantly lower than the national average, your dollar goes further here, allowing you to invest in a home that truly suits your needs.

Beyond the homes, Omaha boasts a vibrant arts scene, delicious dining options, and plentiful parks and recreational activities. Whether you’re exploring the historic Old Market district or enjoying a day at the Henry Doorly Zoo, there’s always something to do in this dynamic city. Embrace the opportunity to call Omaha home – where your dream home awaits at an attractive price point!

Newest Omaha Homes under $500,000

$145,000

2 Beds ⋅ 1 Baths ⋅ 22628680 MLS

Welcome to 4618 Redick Ave! Whether you’re looking to add to your investment portfolio or searching for a place to make your own, this property is full of potential. Previously used as a long-term rental for approximately 18 years, this 2-bedroom, 1-bath home offers a great opportunity for investors and first-time homebuyers alike. Situated on a corner lot, the property features a fenced-in yard and a detached 1-car garage, providing additional outdoor space, privacy, and storage. With a functional layout and plenty of opportunity to add your own personal touches, this could be the affordable Omaha property you’ve been waiting for. Bring your ideas and come see the possibilities at 4618 Redick Ave!

4618 Redick Avenue, Omaha

Listing courtesy of NextHome in The Bluffs.

$315,000

3 Beds ⋅ 2 Baths ⋅ 22628679 MLS

Well-maintained multi-level home in Arbor Gate! This home features 3 bedrooms, 2 baths, stained cabinets, finished lower-level rec room, 2 car garage, sprinkler system, and a fenced in back yard! The 3 bedrooms are on the upper/second level, the main level has the kitchen, dining and living space. Lower level/garage level has a large, finished rec space. Schedule a showing today!

19501 T Street, Omaha

Listing courtesy of Magnolia Real Estate.

$475,000

4 Beds ⋅ 3 Baths ⋅ 22628677 MLS

Clean, comfortable & move-in ready! This well-maintained ranch offers an ideal layout w 3 bedrooms located on the main level. The inviting family room features floor-to-ceiling windows, gas fireplace & built-in shelving, creating a bright & welcoming space to gather. The kitchen offers abundant storage, a center island & casual dining area, while a dedicated dining room greets you just off the entry, perfect for entertaining. The expansive lower level offers a second fireplace, fantastic wet bar & generous open living space. Large windows bring in natural light, while the walkout leads directly to a flat, fully fenced backyard. The basement also includes a 4th bedroom, bathroom & an exceptional storage room w its own exterior door ideal for storing lawn equipment/outdoor furniture. 3-car garage has epoxy flooring w built in storage. Mature trees surround the property, adding privacy & charm. Conveniently located near golf, parks & everyday amenities!

5602 N 163rd Street, Omaha

Listing courtesy of BHHS Ambassador Real Estate.

$299,000

3 Beds ⋅ 2 Baths ⋅ 22628669 MLS

Welcome to 15821 Cottonwood Ave in Omaha’s popular Springhill neighborhood! This move-in-ready tri-level offers 3 bedrooms, 2 bathrooms and 1,337 finished square feet in the Millard School District. The bright main living area features vaulted ceilings, updated flooring and plenty of natural light. The kitchen includes brand-new countertops, a new sink and faucet, stainless steel appliances and an adjoining dining area. Upstairs, all three bedrooms are conveniently located together, including a spacious primary suite with a private bathroom. The finished lower-level family room adds extra space to relax and features a cozy fireplace. Outside, enjoy multiple outdoor living spaces with both a deck and patio overlooking the fully fenced backyard with mature shade. An unfinished basement provides additional storage, laundry and utility space. Conveniently located near schools, parks, Chalco Hills Recreation Area, shopping and I-80.

15821 Cottonwood Avenue, Omaha

Listing courtesy of Realty ONE Group Authentic.

$310,000

4 Beds ⋅ 3 Baths ⋅ 22628666 MLS

Welcome home to this beautifully updated District 66 gem, where classic character meets thoughtful improvements! Hardwood floors flow throughout much of the home, complemented by fresh paint and abundant natural light from all-new windows. The en-suite bath features heated tile floors and LVP for an extra touch of comfort. Major updates include new siding, newer HVAC systems and an updated water heater. Downstairs, the basement offers additional living potential along with a convenient laundry area and utility sink. One of the standout features is the tandem 2.5-car garage, plus an additional parking pad—plenty of room for vehicles, storage and more! Out back, enjoy the steel-covered patio overlooking the yard with underground sprinklers and a recently refreshed, usable storage shed. Conveniently located near the new school and all that District 66 has to offer!

3329 S 78th Street, Omaha

Listing courtesy of BHHS Ambassador Real Estate.

$315,000

3 Beds ⋅ 3 Baths ⋅ 22628665 MLS

NEW CONSTRUCTION just minutes from downtown, Midtown crossing and Blackstone. Two story home, sits on a flat lot. Open floor plan, spacious and well distributed. Three bedrooms on the 2nd floor and one bedroom with egress window ready to be finished in the basement. Large family room, bathroom rough-in, all framed, drywall in, light fixtures, ready for your personal touch. Two car garage attached to the main floor entry way. This home is ready for you and your family to move in and enjoy a wonderful summer season. Close to schools, minutes from main roads and shopping. Speak with your agent to learn more about the pre-qualification process. See the eligibility requirements from the Department of Economic Development Middle Income Workforce Housing Funds for details on the subsidy program. If buyer is eligible, they can get up to $50,000 in subsity.

2420 Patrick Avenue, Omaha

Listing courtesy of Nebraska Realty.

$430,000

2 Beds ⋅ 2 Baths ⋅ 22628654 MLS

Experience the perfect blend of historic character & modern urban living in iconic Beebe & Runyan building in the heart of downtown Omaha. Built in 1913 & thoughtfully converted into luxury loft-style condominiums, this residence showcases the timeless architectural features that make this building so sought after—exposed brick walls, soaring ceilings, heavy timber beams, & reclaimed hardwood flooring. The open-concept layout is filled with natural light from oversized windows & offers a seamless flow between the living, dining, and kitchen areas. Kitchen features modern cabinetry & hard countertops, blending contemporary finishes with the building’s historic charm. A spacious primary suite provides a private retreat with generous closet space & a well-appointed bath, while additional living space offers flexibility for a guest room or office. Residents enjoy premier amenities including a fitness center, rooftop deck & panoramic downtown views, secure entry, heated garage, & more!

105 S 9 Street Unit 512, Omaha

Listing courtesy of BHHS Ambassador Real Estate.

$329,000

2 Beds ⋅ 3 Baths ⋅ 22628651 MLS

RARE FIND with over 2,071 sq. ft. ABOVE GRADE! You don’t often find this much space in the area. This spacious 2-bedroom, 3-bath home offers a unique layout, multiple living areas, and tons of potential. Step inside to a large formal living room and dining area with plenty of room to entertain. The oversized kitchen features abundant cabinet and counter space plus a separate eat-in area for everyday dining. Just off the kitchen is a large deck, perfect for grilling, relaxing, and entertaining. A few steps down, you’ll find another generous living area complete with a wet bar—an ideal setup for game days, gatherings, or a comfortable second family room. The main level also offers a convenient 3/4 bath and laundry. Add in a one-car garage and an unfinished basement ready for your personal touches, and there’s even more opportunity to make this home your own. With 2,071+ sq. ft. above grade, multiple living spaces, a large kitchen, and a layout you simply don’t see every day.

3603 S 49th Avenue, Omaha

Listing courtesy of Kelly Realty LLC.

$269,000

4 Beds ⋅ 2 Baths ⋅ 22628646 MLS

OPEN HOUSE SUNDAY, Oct 4th, 1–3 PM Same owner for 35 years! Step inside this well-maintained 4-bedroom, 2 bath home and discover the perfect blend of character and updates. Major updates include a roof that’s only 2 years old, with the AC, water heater, and furnace all less than 10 years old. With brand-new carpet and fresh paint throughout, this home is move-in ready and makes your transition seamless. Beautiful hardwood floors flow throughout the main level, complemented by rustic stone accents and an electric fireplace. The formal dining room and updated kitchen with quartz countertops provide plenty of room for entertaining. The main level features 2 bedrooms and 1 full bathroom, while the lower level offers 2 additional bedrooms, a ¾ bathroom, laundry, and a spacious family room/living area. Step outside onto the deck and enjoy the fully fenced backyard, beautiful garden, and plenty of outdoor space. A 1-car garage provides convenient parking and storage. Schedule today! AMA

9640 Spaulding Street, Omaha

Listing courtesy of Real Broker NE, LLC.

$315,000

3 Beds ⋅ 2 Baths ⋅ 22628645 MLS

Welcome to this beautifully updated 3-bedroom, 1-bath home offering fresh finishes and plenty of space to enjoy. Recent updates include new paint, flooring, countertops, and water heater, along with newer HVAC, windows, and roof. A newly built detached tall 2-car garage provides excellent parking and additional storage tall enough for lift. The basement offers even more usable space with a comfortable living area, wet bar perfect for entertaining, and a cedar closet for extra storage. Move-in ready with major updates already completed—come see everything this home has to offer!

919 N 69 Street, Omaha

Listing courtesy of KW Siouxland.

$342,500

4 Beds ⋅ 3 Baths ⋅ 22628644 MLS

Welcome to this spacious single-family home in the desirable Trendwood subdivision! Offering fantastic living space across multiple levels, this 4-bedroom home is perfectly set up for comfortable living . The main floor features a bright kitchen with luxury vinyl tile, formal living and dining rooms, and a 27x14 family room. Main floor laundry. Upstairs, you'll find a primary suite complete with a walk-in closet and an en-suite 3/4 bath, along with three additional bedrooms. Basement features large 26x24 basement rec room offers endless possibilities for a home theater or playroom. With a great layout and plenty of room to grow, this vacant and move-in-ready home is just waiting for your personal touch. Seller has added upgrades inside and out. Bring your buyers today.

1324 Holling Drive, Omaha

Listing courtesy of Midlands Real Estate.

$475,000

4 Beds ⋅ 3 Baths ⋅ 22628632 MLS

Peaceful living in highly desirable Whispering Ridge West! This spacious 4-bedroom, 3-bath ranch villa offers a walkout lower level, covered deck, and NO BACK NEIGHBORS—creating a wonderful setting to relax and enjoy the view. Inside, thoughtful touches include designer light fixtures, window coverings, wall features & paint colors. The finished walkout lower level provides plenty of additional living space for guests or daily living. Enjoy the convenience of villa living with lawn care and snow removal taken care of for you. Located in the Elkhorn School District with shopping, dining, and everyday conveniences nearby, plus easy access to both Maple Street and Dodge. Villas in Whispering Ridge West don't come on the market often—don't miss your opportunity to call this one home!

17567 Wirt Street, Omaha

Listing courtesy of Better Homes and Gardens R.E..

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