Airbnb Rules and Regulations in Omaha, Nebraska

As of 2024, Omaha has established a regulatory framework for short-term rentals, including those listed on Airbnb, VRBO, and other booking platforms, to ensure a balance between the interests of hosts, guests, and the local community. Hosts must obtain a license from the city, which involves adhering to zoning regulations and meeting safety standards. The number of guests allowed in a rental is limited based on the property's capacity, and hosts are required to collect and remit state and local taxes, including sales tax and lodging tax.

Omaha also has specific rules regarding parking, noise levels, and occupancy limits to minimize disturbances in residential areas. Hosts should be aware of the city's prohibition on disruptive gatherings and the need to provide guests with a clear set of house rules. While Omaha allows short-term rentals in most areas, hosts must comply with the city's regulations to operate legally and avoid potential fines or penalties.

Omaha Airbnb Market Data:

• Average Revenue – $18.8K per year
• Average Daily Rate – $128.2 per night
• Average Occupancy Rate – 54%
• Average RevPAR – $72.3
• Average Home Prices – $272,286

1. Top Place to Invest in Omaha, Nebraska - North Omaha

North Omaha, a vibrant and historic neighborhood, has recently gained attention as a promising area for Airbnb investments. With its rich cultural heritage, affordable housing options, and proximity to key attractions, North Omaha presents a unique opportunity for investors looking to capitalize on the growing short-term rental market.

North Omaha Airbnb Market Data:

• Average Revenue – $18.4K per year
• Average Daily Rate – $129.3 per night
• Average Occupancy Rate – 53%
• Average RevPAR – $75.7

Convenience - 6/10

North Omaha offers a fair level of convenience for residents and visitors alike. The area is served by public transportation, including bus routes, making it relatively easy to navigate. However, the neighborhood's layout and infrastructure may not be as well-developed as some other parts of the city.

Tourist Attractions - 5/10

While North Omaha boasts several cultural landmarks, such as the Love's Jazz & Arts Center and the Dreamland Ballroom, it may not be as well-known among tourists compared to other areas in Omaha. The neighborhood has potential for growth in this aspect, but its tourist appeal is currently average.

Things to Do - 7/10

North Omaha offers a good variety of activities and experiences for visitors and locals. From exploring the historic 24th Street district to enjoying live music performances at local venues, there are plenty of ways to immerse oneself in the neighborhood's culture. The area also has a growing number of restaurants and bars, catering to diverse tastes.

Average Home Prices - 8/10

According to Zillow data for 2024, the median home value in North Omaha is $145,000, which is significantly lower than the citywide median. This affordability makes the area attractive for investors looking to start their own short-term rentals. However, it's important to note that home values in North Omaha have appreciated by only 2.1% over the past year, slightly lower than the city's average of 3.5%.

Proximity to Work-Related Travel - 7/10

North Omaha is situated relatively close to several major work-related destinations. The neighborhood is approximately a 15-minute drive from the University of Nebraska Medical Center, making it a convenient location for medical professionals or visitors. Additionally, the CHI Health Center Omaha, a popular convention and sports venue, is about a 20-minute drive away.

X-Factor - 8/10

North Omaha's rich African American heritage and the community's resilience set it apart. The neighborhood has a strong sense of identity and pride, which is evident in its numerous cultural events and initiatives. This unique character can be a draw for visitors seeking an authentic and immersive experience.

2. Top Place to Invest in Omaha, Nebraska - Keystone

Nestled in the heart of Omaha, Keystone is a charming neighborhood that has been gaining traction among Airbnb investors. With its picturesque tree-lined streets, proximity to popular attractions, and a strong sense of community, Keystone offers a compelling investment opportunity for those looking to enter the short-term rental business.

Keystone Airbnb Market Data:

• Average Revenue – $13.1K per year
• Average Daily Rate – $95.2 per night
• Average Occupancy Rate – 62%
• Average RevPAR – $58.9

Convenience - 8/10

Keystone boasts excellent convenience, with easy access to major highways and public transportation. The neighborhood is well-connected to the rest of the city, making it simple for visitors to explore Omaha's various offerings. Additionally, Keystone is home to numerous amenities, including grocery stores, cafes, and shops, ensuring a comfortable stay for guests.

Tourist Attractions - 7/10

While Keystone may not be a primary tourist destination, it is near several popular attractions. The Henry Doorly Zoo and Aquarium, consistently ranked among the world's best zoos, is just a short drive away. Moreover, the historic Old Market district, with its unique shops, restaurants, and entertainment venues, is easily accessible from Keystone.

Things to Do - 6/10

Keystone offers visitors a decent range of activities, though it may not be as extensive as some other neighborhoods. The area is known for its beautiful parks, such as Keystone Park and Cunningham Lake Park, which provide opportunities for outdoor recreation. Additionally, the neighborhood hosts several community events throughout the year, fostering a sense of togetherness among residents and visitors alike.

Average Home Prices - 7/10

According to Zillow data for 2024, the median home value in Keystone is $235,000, which is slightly higher than the citywide average. While this may indicate a more competitive market, it also suggests a potential for higher rental rates and returns on investment. Keystone has seen a steady appreciation rate of 3.2% over the past year, closely mirroring the city's average.

Proximity to Work-Related Travel - 6/10

Keystone's location is relatively convenient for work-related travel, although it may not be as central as some other neighborhoods. The University of Nebraska Medical Center is approximately a 20-minute drive from Keystone, while the CHI Health Center Omaha is about a 25-minute drive away. While not exceptionally close, these distances are still manageable for those attending conferences or events.

X-Factor - 7/10

Keystone's x-factor lies in its strong sense of community and neighborhood charm. The area is known for its friendly residents, well-maintained homes, and inviting atmosphere. This welcoming vibe can be a significant draw for Airbnb guests seeking a more authentic, residential experience during their stay in Omaha.

3. Top Place to Invest in Omaha, Nebraska - West Omaha

West Omaha, a thriving suburban area, has emerged as a top contender for Airbnb investments in recent years. Boasting modern amenities, a family-friendly atmosphere, and easy access to Omaha's major attractions, West Omaha presents a compelling opportunity for investors seeking to capitalize on the region's growing demand for short-term rentals.

West Omaha Airbnb Market Data:

• Average Revenue – $15.4K per year
• Average Daily Rate – $136.4 per night
• Average Occupancy Rate – 41%
• Average RevPAR – $55.2

Convenience - 9/10

One of West Omaha's strongest suits is its exceptional convenience. The area is well-connected to the rest of the city via major highways, ensuring smooth travel for visitors. Additionally, West Omaha is home to numerous shopping centers, restaurants, and entertainment options, providing guests with a wide array of amenities right at their doorstep.

Tourist Attractions - 7/10

While West Omaha may not be the city's primary tourist attraction hub, it still offers several notable points of interest. The Zorinsky Lake Park, a popular spot for outdoor recreation, is located in the heart of West Omaha. Moreover, the area is just a short drive away from attractions such as the Henry Doorly Zoo, Aquarium, and the Lauritzen Gardens.

Things to Do - 8/10

West Omaha offers a diverse range of activities and experiences for visitors. From exploring the scenic trails at Chalco Hills Recreation Area to indulging in retail therapy at the Village Pointe Shopping Center, there's no shortage of things to do in the area. The neighborhood also boasts a vibrant dining scene, with a variety of local and chain restaurants catering to different tastes.

Average Home Prices - 6/10

According to Zillow data for 2024, the median home value in West Omaha is $315,000, which is significantly higher than the citywide median. This higher price point may present a barrier to entry for some investors. However, it's important to note that West Omaha has experienced a steady appreciation rate of 3.8% over the past year, slightly outpacing the city's average.

Proximity to Work-Related Travel - 8/10

West Omaha's location is highly convenient for work-related travel, which is why it's a good area for a corporate rental. The University of Nebraska Medical Center is approximately a 20-minute drive from the area, making it an attractive option for medical professionals or visitors. Additionally, the CHI Health Center Omaha, a popular venue for conferences and events, is about a 25-minute drive away.

X-Factor - 8/10

West Omaha's x-factor lies in its perfect blend of suburban comfort and urban convenience. The area offers a family-friendly atmosphere, with excellent schools, safe neighborhoods, and ample green spaces. At the same time, it provides easy access to the city's main attractions and business districts, making it an ideal base for both leisure and business travelers.

4. Top Place to Invest in Omaha, Nebraska - South Omaha

South Omaha, a vibrant and culturally diverse neighborhood, has emerged as a top contender for Airbnb investments in recent years. With its rich history, affordable housing options, and proximity to key attractions, South Omaha presents a unique opportunity for investors looking to capitalize on the growing short-term rental market.

South Omaha Airbnb Market Data:

• Average Revenue – $39.1K per year
• Average Daily Rate – $154.1 per night
• Average Occupancy Rate – 73%
• Average RevPAR – $113.2

Convenience - 7/10

South Omaha offers a good level of convenience for residents and visitors. The area is well-connected to the rest of the city via public transportation, including bus routes and the nearby Interstate 80. The neighborhood also boasts a variety of local businesses, including grocery stores, restaurants, and shops, providing easy access to daily necessities.

Tourist Attractions - 6/10

While South Omaha may not be the city's primary tourist destination, it offers several notable attractions. The historic South 24th Street, known as the "Main Street of South Omaha," features a variety of authentic ethnic restaurants, bakeries, and shops, showcasing the area's diverse cultural heritage. The Lauritzen Gardens, a 100-acre botanical garden, is also located nearby.

Things to Do - 7/10

South Omaha offers diverse activities and experiences for visitors and locals alike. The neighborhood is known for its lively festivals, such as the Cinco de Mayo celebration and the South Omaha Mural Festival, which showcase the area's vibrant arts and culture scene. The Henry Doorly Zoo and Aquarium, consistently ranked among the world's best zoos, is just a short drive away.

Average Home Prices - 8/10

According to Zillow data for 2024, the median home value in South Omaha is $180,000, which is significantly lower than the citywide average pricing. This affordability makes the area attractive for investors looking to purchase properties for short-term rentals. South Omaha has experienced a modest appreciation rate of 2.5% over the past year, indicating a stable and growing market.

Proximity to Work-Related Travel - 7/10

South Omaha's location is relatively convenient for work-related travel. The University of Nebraska Medical Center is approximately a 15-minute drive from the neighborhood, making it an attractive option for medical professionals or visitors. Additionally, the CHI Health Center Omaha, a popular venue for conferences and events, is about a 20-minute drive away.

X-Factor - 8/10

South Omaha's x-factor lies in its rich cultural diversity and strong sense of community. The neighborhood is home to a vibrant mix of Latino, European, and Asian cultures, which is reflected in its unique restaurants, shops, and community events. This cultural richness can be a significant draw for Airbnb guests seeking an authentic and immersive experience during their stay in Omaha.

5. Top Place to Invest in Omaha, Nebraska - Benson

Benson, a historic neighborhood northwest of downtown Omaha, has emerged as a trendy and vibrant area for starting an Airbnb business. With its eclectic mix of entertainment, dining, and community events, Benson offers a unique opportunity for investors looking to capitalize on the growing demand for short-term rentals in this quirky and charming district.

Benson Airbnb Market Data:

• Average Revenue – $28.8K per year
• Average Daily Rate – $195.7 per night
• Average Occupancy Rate – 37%
• Average RevPAR – $101.5

Convenience - 8/10

One of Benson's strongest assets is its convenience. The neighborhood is well-connected to the rest of the city via major thoroughfares, making it easy for visitors to explore Omaha's attractions. Additionally, Benson boasts a variety of local businesses, including grocery stores, restaurants, and shops, providing guests with easy access to daily necessities.

Tourist Attractions - 6/10

While Benson itself may not be a primary tourist destination, it is located near several popular Omaha attractions. The Henry Doorly Zoo and Aquarium, consistently ranked among the world's best zoos, is just a short drive away. Benson is also home to the Benson Theatre, a recently renovated community hub that hosts a variety of events and performances.

Things to Do - 8/10

Benson is known for its vibrant nightlife and entertainment scene. The neighborhood is home to several nationally recognized music venues, such as The Waiting Room, which attracts indie rock bands and their dedicated fans. Benson also offers diverse dining options, from craft breweries to local eateries, catering to various tastes. The monthly Benson First Friday event celebrates the area's arts and culture, drawing visitors from across the city.

Average Home Prices - 7/10

According to Zillow data for 2024, the median home value in Omaha is $255,000, up 3.2% from the previous year. While specific data for Benson is not available, the neighborhood's growing popularity and central location suggest that home prices may be slightly higher than the city average. However, the potential for strong rental income and appreciation makes Benson an attractive option for Airbnb investors.

Proximity to Work-Related Travel - 7/10

Benson's location is relatively convenient for work-related travel. The University of Nebraska Medical Center is approximately a 15-minute drive from the neighborhood, making it an attractive option for medical professionals or visitors. The CHI Health Center Omaha, a popular venue for conferences and events, is about a 20-minute drive away.

X-Factor - 9/10

What sets Benson apart is its unique character and community spirit. The neighborhood's eclectic mix of historic buildings, public art, and locally-owned businesses creates a vibrant and welcoming atmosphere. Benson's strong sense of identity and pride is evident in its numerous community events and initiatives, such as the Benson Bounty, which promotes sustainable urban agriculture. This authentic and engaging vibe is a significant draw for Airbnb guests seeking a one-of-a-kind experience in Omaha.