Omaha, NE Rental Market Trends
What is the average rent in Omaha?
The average rent for an apartment in Omaha is $1,046. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Omaha, NE
| Average Rent | Average Apartment Size |
|---|---|
| $1,046 | 919 sq. ft. |
What is the average apartment size in Omaha?
The average size for a Omaha, NE apartment is 919 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Omaha, NE Apartment Rent Ranges
Omaha, NE Occupied Housing Units
76,677 or 40% of the households in Omaha, NE are renter-occupied while 113,245 or 59% are owner-occupied.
Omaha, NE Rent Trends
| Average Rent | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Feb / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Omaha, NE | $901 | $906 | $927 | $934 | $936 | $943 | $959 | $971 | $1,000 | $1,027 | $1,046 |
| National | $1,362 | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
Average Rent in Omaha, NE By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Armbrust Acres - Pacific Heights | $1,327 |
| Spring Ridge - Lakeside | $1,327 |
| The Ridges | $1,276 |
| Fairacres | $1,216 |
| Cornish Heights - Loveland | $1,209 |
| Fire Ridge - Pacific Pointe | $1,207 |
| Diamond Head - Nelsons Creek | $1,196 |
| Huntington Park | $1,196 |
| Walnut Ridge | $1,196 |
| Westin Hills - Torrey Pines | $1,196 |
| Whispering Ridge - Manchester Park | $1,196 |
| Joslyn Castle | $1,189 |
| Indian Creek | $1,174 |
| Gifford Park | $1,170 |
| Conestoga Place - OIC | $1,164 |
| Highlander - Prospect Place | $1,164 |
| Radial Hills - Orchard Hill | $1,164 |
| Elk Ridge - High Point | $1,153 |
| Elkhorn - Fair Meadows | $1,153 |
| Five Fountains - West Dodge Station | $1,153 |
| Greenbrier - Summer Glen | $1,153 |
| Skyline Ranches | $1,153 |
| The Grove | $1,153 |
| West Hampton - Winterburn | $1,153 |
| Downtown Omaha | $1,138 |
| Old Market | $1,130 |
| Dundee - Memorial Park | $1,119 |
| Elmwood Park | $1,119 |
| Adams Park - Omaha View | $1,118 |
| Bedford Place | $1,118 |
| Binney Wirt Spencer - E R Danner | $1,118 |
| Miller Park - Minne Lusa | $1,118 |
| Monmouth - Central Park | $1,118 |
| Bent Creek | $1,108 |
| Briar Hills | $1,108 |
| Villaga Pointe - Pacific Springs | $1,108 |
| Ak-sar-ben - Elmwood | $1,100 |
| Westbrook | $1,100 |
| Millard Airport | $1,099 |
| Pheasant Run - Stonybrook | $1,099 |
| Dahlman | $1,089 |
| Blackstone | $1,088 |
| Park East | $1,085 |
| Harvey Oaks | $1,080 |
| Golden Valley - Old Loveland | $1,075 |
| Regency | $1,075 |
| Eagle Run - Willow Wood | $1,066 |
| GIT | $1,066 |
| Hillsborough | $1,066 |
| Rambleridge | $1,066 |
| Roanoke | $1,066 |
| Karen Western - Robin Hill | $1,053 |
| Morton Meadows | $1,053 |
| Crosskey Village - Lee Valley | $1,036 |
| Leavenworth | $1,033 |
| Benson | $1,032 |
| Crescent Oaks - Summerwood | $1,024 |
| Piedmont Wycliffe - Pacific Meadows | $986 |
| Deer Ridge - West Fairacres | $981 |
| Seville - El Dorado | $981 |
| Meadowbrook | $973 |
| West Dodge Addition | $973 |
| Paddock Road - Oakdale | $961 |
| Westgate | $961 |
| Applewood Heights - Disney | $960 |
| Woodbridge - Somerset | $957 |
| Columbus Park | $949 |
| Deer Park | $949 |
| Field Club - Ford Birthsite | $935 |
| Hanscom Park | $935 |
| Copper Creek | $931 |
| Fair Acres | $931 |
| Faulkland Heights | $931 |
| Glenmorrie | $931 |
| Hastings | $931 |
| Heritage Hills | $931 |
| Maclad Heights | $931 |
| Market Pointe | $931 |
| Pawnee Hills | $931 |
| South Park | $931 |
| Southern Park | $931 |
| Southern Valley | $931 |
| Southfork | $931 |
| Stockman's Hollow | $931 |
| Sun Valley | $931 |
| Sun Valley Hidden Acres | $931 |
| Sun Valley Park | $931 |
| Parkside - Trendwood | $916 |
| Prairie Lane | $916 |
| Royalwood | $916 |
| Westwood Heights - Montclair | $916 |
| Cherry Hills | $902 |
| North Oaks - Starwood | $902 |
| Keystone | $901 |
| Maple Village | $901 |
| Saddle Hills | $901 |
| Sunny Slope | $901 |
| NONAC | $894 |
| Ralston | $889 |
| Clifton Hills - Malcolm X | $887 |
| Fort Redman - Fontenelle View | $887 |
| Northwest Community Club - Fairfax | $887 |
| Wakonda | $887 |
| Country Club Hills | $698 |
| Dodge Park - Wyman Heights | $698 |
| Raven Oaks - Woodhurst | $698 |
What are the most affordable neighborhoods in Omaha?
The most affordable neighborhoods in Omaha are Country Club Hills, where the average rent goes for $698/month, Dodge Park - Wyman Heights, where renters pay $698/mo on average, and Raven Oaks - Woodhurst, where the average rent goes for $698/mo. If you’re looking for other great deals, check out the listings from Clifton Hills - Malcolm X ($887), Fort Redman - Fontenelle View ($887), and Northwest Community Club - Fairfax ($887), where the asking prices are below the average Omaha rent of $1,046/mo.
What are the most expensive neighborhoods in Omaha?
The most expensive neighborhoods in Omaha are The Ridges ($1,276), Armbrust Acres - Pacific Heights ($1,327) and Spring Ridge - Lakeside ($1,327).
What are the most popular neighborhoods in Omaha?
The most popular neighborhood in Omaha is Applewood Heights - Disney, where there are 14 verified RentCafe listings with an average rent of $960. Next up is Dundee - Memorial Park, where apartments go for $1,119/month, followed by Crosskey Village - Lee Valley with $1,036 If you’re looking to rent in Omaha’s most popular neighborhoods, make sure to also check out Downtown Omaha, where renters pay $1,138 on average, and Meadowbrook, where the average monthly rent is $973.
Omaha | Rent Comparison by Neighborhood
Rent in Adams Park - Omaha View is 2% higher than in Ak-sar-ben - Elmwood
Adams Park - Omaha View rent is 7% higher than Omaha average
| Average Rent | $1,118 |
|---|
Ak-sar-ben - Elmwood rent is 5% higher than Omaha average
| Average Rent | $1,100 |
|---|