NE Omaha
Aksarben / Elmwood
Aksarben–Elmwood is one of Omaha's most livable and centrally located neighborhoods — the kind of place where you can walk to dinner, run the Keystone Trail before work, and be anywhere in the city in under 20 minutes. The neighborhood wraps around two anchors that define it: Aksarben Village, a walkable mixed-use district built on the grounds of the old Aksarben racetrack, and Elmwood Park, one of Omaha's largest green spaces at over 180 acres.
Aksarben Village has become one of the better dining and nightlife destinations in the city. Herbe Sainte brings serious New Orleans–style cocktail culture to the neighborhood. Backlot Taphouse does Detroit-style pizza. Inner Rail Food Hall gives you a dozen different options under one roof. Kinkaider Brewing, Mai Thai, Saffron for Indian, Roast Coffeehouse for your morning — it's the kind of walkable variety most Omaha neighborhoods don't have. Sonny's outdoor bar is the warm-weather spot. And if wings are your thing, Tracks Lounge has a legitimate claim to the best in Omaha.
Elmwood Park connects directly to the Keystone Trail, making it a daily destination for runners, walkers, and cyclists. The park also has an 18-hole golf course, open to the public. It's the kind of green space that actually factors into why people buy here.
Housing in Aksarben–Elmwood runs mostly early- to mid-century — craftsman bungalows, two-stories with original character, and thoughtfully updated properties throughout. There are also condos and townhomes mixed in, particularly closer to Aksarben Village. Prices reflect the neighborhood's location and reputation: this is one of central Omaha's more competitive markets, with strong resale values and consistent demand.
Most homes fall within Omaha Public Schools (OPS). Washington Elementary and Belle Ryan Elementary serve much of the neighborhood, with middle school pathways split between Lewis & Clark and Norris depending on your specific address. Central High School is the primary high school — one of Omaha's oldest and most established, with strong academic and magnet programs. If school boundaries are part of your decision, exact placement matters here given the split middle school feeds, so it's worth verifying your specific address. The full breakdown is in my Omaha School District Guide.
Food, Nightlife & Local Anchors
Aksarben Village does the heavy lifting here — a walkable block of restaurants, bars, and coffee that most Omaha neighborhoods don't have. Tracks Lounge sits just outside the Village proper but earns its place on any short list.
Community & Events
Aksarben Village runs a regular lineup of community events throughout the year — outdoor concerts, seasonal festivals, and farmers markets that draw from across the city. The Village was designed with that kind of activation in mind, and it shows. University of Nebraska Omaha is just down the road, which adds energy and keeps the neighborhood feeling active year-round.
Parks, Trails & Green Space
Green space is one of the strongest arguments for this neighborhood.
A Little History
"Aksarben" is Nebraska spelled backwards — named that way in 1895 when the Knights of Aksarben built a horse racing track and coliseum on what was then the edge of the city. The track operated for a century before closing in 1995, and the grounds sat largely vacant until redevelopment began in the mid-2000s. What replaced it — Aksarben Village — is one of the better examples of adaptive reuse in the metro. The old racetrack became a walkable neighborhood center. The history is why the name stuck.
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RECENTLY SOLD LISTINGS
$247,500
Single Family Home
$245,000
5420 Pine ST, Omaha, NE 68106
PRE-INSPECTED fully updated adorable ranch in popular Aksarben area. 3 bed, 2 bath home is MOVE-IN-READY. There's an op...
Listed by Pam Mertz Nebraska Realty
$458,000
Townhouse
$470,000
5324 Elmwood PLZ, Omaha, NE 68106
Live steps from Elmwood Park in this corner-unit at Elmwood Townhomes. Offering over 1,700 fsf, this 3 bedroom, 2.5 bath...
Listed by Cara Crawford Better Homes and Gardens R.E.
$245,000
Single Family Home
$245,000
916 S 51St AVE, Omaha, NE 68106
SSDL
Listed by Jen Manhart Better Homes and Gardens R.E.
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Chris Jamison
cjamison@nebraskarealty.com




