The Monico
1508 Marcy St,
Omaha, NE 68108
$1,345 - $1,995
Studio - 2 Beds
Rising out of the prairies and cornfields of the heartland, Omaha serves as a cultural wellspring and economic powerhouse for the region. Downtown has seen a lot of development in recent years, and now serves up a huge selection of trendy shopping, dining, and entertainment, particularly around the Old Market; the Blackstone neighborhood has also emerged as a new hotspot for adventurous restauranteurs and hip nightlife. The robust live music scene in Omaha is one of the city’s worst-kept secrets, with national publications singing the praises of popular venues like the Waiting Room and the annual Maha Music Festival at Stinson Park.
Omaha is serious about college sports – the University of Nebraska’s Cornhuskers are hometown heroes, and the city is the longtime home to the College World Series every summer. For more relaxing downtime, soak in views of the Missouri River (and wave to Council Bluffs, Iowa) from Heartland of America Park, or pack up your picnic basket and head over to Standing Bear reservoir.
The Omaha skyline
The historic Flatiron Hotel was built in 1912
Tree-filled park in Omaha
The Western Meadowlark is the Nebraska state bird
As of March 2026, the average apartment rent in Omaha, NE is $1,014 for a studio, $1,107 for one bedroom, $1,414 for two bedrooms, and $1,688 for three bedrooms. Apartment rent in Omaha has increased by 2.1% in the past year.
The cost of living in Omaha, NE is 10.2% lower than the national average. Generally, housing in Omaha is 19.6% less expensive than the national average, with rent falling between $1,014 - $1,688. You can expect to pay 0.4% less for groceries, 15.2% less for utilities, and 10.1% less for transportation.
Explore how walkable, bikeable, drivable, and transit-friendly Omaha, NE is for everyday living.
Somewhat Walkable
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
You'll likely want a car when living in this area since it has few transit options.
Bikeable
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Public
Grades PK-5
Public
Grades PK-5
Grace Abbott Elementary School
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Grades PK-5
Prairie Lane Elementary School
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Elkhorn Grandview Middle School
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The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
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71
Communities
15,794
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33
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25
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6,531
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9
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49
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10,084
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30
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16
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2,687
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4
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12
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1,756
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3
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11
Communities
3,064
Units
1
City
† 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 February 2026.