The Monico
1508 Marcy St,
Omaha, NE 68108
$1,195 - $1,595
Studio - 1 Bed
Area Guide
In a downtown district where every corner scene belongs on a postcard, Market West manages to stand out. With a strong sense of self and a collaborative community, the neighborhood exudes a distinctive character that doesn’t compete with, but complements, the neighboring historic Old Market.
Together, both neighborhoods create the western-most portion of Downtown Omaha. This centralized location blossoms with opportunities for residential communities and commercial businesses, as well as civic and nonprofit organizations. Renovated brick buildings line original cobblestone alleys, containing rentals situated alongside diverse neighbors like a family-run grocery store, international development foundation, architectural firm, and the Omaha Symphony offices.
Perhaps this collection of professional establishments, anchored to the neighborhood under posh lofts and upscale apartments, defines Market West more than anything else. Its balance of work and play draws in a wide variety of residents who enjoy the comforts of a cosmopolitan lifestyle in a charming Midwest setting.
As of June 2026, the average apartment rent in Market West is $807 for a studio, $1,106 for one bedroom, $1,388 for two bedrooms, and $2,069 for three bedrooms. Apartment rent in Market West has increased by 1.6% in the past year.
Studio
538 sq ft
Average Sq Ft
$807/month
Average Rent
1 BR
751 sq ft
Average Sq Ft
$1,106/month
Average Rent
2 BR
1,044 sq ft
Average Sq Ft
$1,388/month
Average Rent
3 BR
1,822 sq ft
Average Sq Ft
$2,069/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Market West - Omaha, NE is for everyday living.
Very Walkable
Walkability
Some Public Transit
Transit
Moderately Drivable
Drivability
Fairly Bikeable
Bikeability
In Market West - Omaha, NE, daily errands are quick and hassle-free.
Supermarket Within a 5 Minute Walk
Groceries
Exceptional Restaurant Variety Nearby
Restaurants
Exceptional Café Variety Nearby
Cafes
Good Variety of Shops Nearby
Shopping
Market West - Omaha, NE provides green space and wellness resources in certain areas.
Very Large Amount of Park Space Nearby
Parks
Fair Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Market West - Omaha, NE from everyday activity to noise and nightlife.
Vibrant Atmosphere
Vibrancy
Exceptional Nightlife Variety Nearby
Nightlife
Somewhat Noisy
Quiet Score
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.