Omaha, NE Rental Market Trends
Last updated: August 01, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Omaha is $1,338, a 2.51% increase compared to the previous year, when the average rent was $1,306.
Studio Apartments at $1,045 offer the most budget-friendly option with 500 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 744 square feet for $1,169, balancing privacy and affordability.
Two-bedroom units at $1,519 offer 1,094 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,381 sq ft) for $1,812, suitable for larger households.
Average rent in Omaha, NE
Last updated: August 01, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,338 | 906 sq. ft. |
| Studio | $1,045 | 500 sq. ft. |
| 1 Bed | $1,169 | 744 sq. ft. |
| 2 Beds | $1,519 | 1,094 sq. ft. |
| 3 Beds | $1,812 | 1,381 sq. ft. |
Omaha, NE rent trends
Rental prices in Omaha, NE have increased by 2.51% over the past year. The average rent moved from $1,306 to $1,338.
What's the typical rent budget in Omaha, NE?
The largest share of rentals in Omaha, NE (51%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Omaha, NE?
86,019 or 43% of the households in Omaha, NE are renter-occupied while 115,679 or 57% are owner-occupied.
Most affordable neighborhoods in Omaha?
Elmwood Park $943/month
Dundee - Memorial Park $947/month
Prairie Lane $965/month
All of these neighborhoods fall below the city wide average of $1,338/month.Most expensive neighborhoods in Omaha?
Fire Ridge - Pacific Pointe $1,862/month
Walnut Ridge $1,893/month
Elk Ridge - High Point $2,090/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Omaha, NE By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Elk Ridge - High Point | $2,090 |
| Walnut Ridge | $1,893 |
| Fire Ridge - Pacific Pointe | $1,862 |
| Woodbridge - Somerset | $1,853 |
| Paddock Road - Oakdale | $1,848 |
| Royalwood | $1,786 |
| Ak-sar-ben - Elmwood | $1,774 |
| The Grove | $1,755 |
| Spring Ridge - Lakeside | $1,658 |
| Greenbrier - Summer Glen | $1,627 |
| Briar Hills | $1,602 |
| Joslyn Castle | $1,569 |
| Elkhorn - Fair Meadows | $1,558 |
| Pheasant Run - Stonybrook | $1,518 |
| Leavenworth | $1,512 |
| Westgate | $1,499 |
| Crescent Oaks - Summerwood | $1,494 |
| Gifford Park | $1,476 |
| GIT | $1,454 |
| Downtown Omaha | $1,428 |
| Blackstone | $1,419 |
| Hillsborough | $1,417 |
| Piedmont Wycliffe - Pacific Meadows | $1,412 |
| Candlewood - Linden | $1,391 |
| Dahlman | $1,380 |
| Westbrook | $1,370 |
| Golden Valley - Old Loveland | $1,316 |
| West Hampton - Winterburn | $1,313 |
| Westin Hills - Torrey Pines | $1,296 |
| Millard Airport | $1,254 |
| Cornish Heights - Loveland | $1,247 |
| Benson | $1,245 |
| Meadowbrook | $1,244 |
| Deer Ridge - West Fairacres | $1,211 |
| Crosskey Village - Lee Valley | $1,206 |
| Old Market | $1,198 |
| Eagle Run - Willow Wood | $1,188 |
| Rambleridge | $1,183 |
| Maple Village | $1,130 |
| Cherry Hills | $1,124 |
| West Dodge Addition | $1,115 |
| Roanoke | $1,111 |
| Applewood Heights - Disney | $1,108 |
| Sunny Slope | $1,082 |
| Parkside - Trendwood | $1,079 |
| Hanscom Park | $983 |
| Prairie Lane | $965 |
| Dundee - Memorial Park | $947 |
| Elmwood Park | $943 |
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Omaha | Rent Comparison by Neighborhood
Rent in Ak-sar-ben - Elmwood is 60% higher than in Applewood Heights - Disney
$1,774
Ak-sar-ben - Elmwood rent is 33% higher than Omaha average
Average Rent
$1,774
$1,108
Applewood Heights - Disney rent is 17% lower than Omaha average
Average Rent
$1,108
How Omaha Compares to Other Cities
| City | Average Rent |
|---|---|
| Omaha | $1,338 |
| Lincoln | $1,363 |
| Bellevue | $1,442 |
| Gretna | $1,632 |
| Papillion | $1,448 |
| La Vista | $1,393 |
| Council Bluffs, IA | $1,275 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Omaha apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.