Omaha, NE Rental Market Trends
Highlights
The average rent for an apartment in Omaha is $881, a 3% increase compared to the previous year, when the average rent was $858.
Studio apartments in Omaha rent for $646 a month, while 1-bedroom apartments ask on average $785 a month; the average rent for a 2-bedroom apartment is $974.
Average Rent in Omaha, NE
Last updated Jul 2018
| All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Average Rent | $881 | $646 | $785 | $974 | $1,161 |
| Y-o-Y Change | 3% | 4% | 3% | 3% | 1% |
| Average Apartment Size | 892 sq. ft. | 511 sq. ft. | 742 sq. ft. | 1,051 sq. ft. | 1,380 sq. ft. |
The average size for a Omaha apartment is 892 square feet, but this number varies greatly depending on apartment type. A studio averages 511 sq. ft., while a one-bedroom apartment offers a more generous square footage: 742. 2-bedroom apartments in Omaha have an average size of 1,051 sq. ft.
Omaha, NE Apartment Rent Ranges
- < $50011%
- $501-$70064%
- $701-$1,00023%
- $1,001-$1,5002%
Omaha, NE Rent Trends
| Average Rent All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Jul / 2018 | $881 | $646 | $785 | $974 | $1,161 |
| Sept / 2017 | $876 | $648 | $775 | $971 | $1,162 |
| May / 2017 | $875 | $637 | $776 | $968 | $1,175 |
| Jan / 2017 | $858 | $624 | $759 | $949 | $1,153 |
| Sept / 2016 | $858 | $626 | $759 | $951 | $1,157 |
| May / 2016 | $855 | $613 | $751 | $948 | $1,177 |
| Jan / 2016 | $842 | $613 | $742 | $932 | $1,149 |
| Sept / 2015 | $829 | $601 | $730 | $917 | $1,126 |
| May / 2015 | $838 | $613 | $740 | $923 | $1,135 |
| Jan / 2015 | $839 | $621 | $743 | $925 | $1,097 |
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Average Rent in Omaha, NE By Neighborhood
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| Average Rent | |||||
|---|---|---|---|---|---|
| Neighborhood | All rentals | Studio | 1 Bed | 2 Beds | 3 Beds |
| Hanscom Park | $675 | $536 | $633 | $829 | $645 |
| Field Club - Ford Birthsite | $675 | $536 | $633 | $829 | $645 |
| Wakonda | $695 | $525 | $659 | $776 | $566 |
| Northwest Community Club - Fairfax | $695 | $525 | $659 | $776 | $566 |
| Fort Redman - Fontenelle View | $695 | $525 | $659 | $776 | $566 |
| Clifton Hills - Malcolm X | $695 | $525 | $659 | $776 | $566 |
| Deer Park | $715 | $552 | $682 | $880 | $645 |
| Columbus Park | $715 | $552 | $682 | $880 | $645 |
| Benson | $717 | $572 | $664 | $828 | $850 |
| NONAC | $761 | $589 | $646 | $815 | $1,104 |
| Sunny Slope | $765 | $593 | $644 | $813 | $1,106 |
| Saddle Hills | $765 | $593 | $644 | $813 | $1,106 |
| Maple Village | $765 | $593 | $644 | $813 | $1,106 |
| Keystone | $765 | $593 | $644 | $813 | $1,106 |
| Ralston | $766 | $558 | $702 | $836 | $1,122 |
| North Oaks - Starwood | $770 | $593 | $654 | $817 | $1,106 |
| Cherry Hills | $770 | $593 | $654 | $817 | $1,106 |
| Westwood Heights - Montclair | $796 | $594 | $728 | $853 | $965 |
| Royalwood | $796 | $594 | $728 | $853 | $965 |
| Prairie Lane | $796 | $594 | $728 | $853 | $965 |
| Parkside - Trendwood | $796 | $594 | $728 | $853 | $965 |
| Applewood Heights - Disney | $814 | $569 | $735 | $890 | $1,141 |
| Seville - El Dorado | $818 | $471 | $734 | $906 | $982 |
| Deer Ridge - West Fairacres | $818 | $471 | $734 | $906 | $982 |
| West Dodge Addition | $823 | $590 | $716 | $892 | $1,130 |
| Meadowbrook | $823 | $590 | $716 | $892 | $1,130 |
| Westgate | $826 | $558 | $728 | $882 | $1,363 |
| Paddock Road - Oakdale | $826 | $558 | $728 | $882 | $1,363 |
| Piedmont Wycliffe - Pacific Meadows | $842 | $471 | $744 | $938 | $1,042 |
| Morton Meadows | $850 | $710 | $784 | $979 | $793 |
| Karen Western - Robin Hill | $850 | $710 | $784 | $979 | $793 |
| Crosskey Village - Lee Valley | $860 | $583 | $759 | $955 | $1,068 |
| Roanoke | $868 | $612 | $761 | $946 | $1,096 |
| Rambleridge | $868 | $612 | $761 | $946 | $1,096 |
| Hillsborough | $868 | $612 | $761 | $946 | $1,096 |
| GIT | $868 | $612 | $761 | $946 | $1,096 |
| Eagle Run - Willow Wood | $868 | $612 | $761 | $946 | $1,096 |
| Crescent Oaks - Summerwood | $868 | $614 | $778 | $942 | $1,055 |
| Leavenworth | $873 | $537 | $815 | $1,060 | $752 |
| Blackstone | $891 | $699 | $818 | $1,032 | $853 |
| Elmwood Park | $902 | $884 | $820 | $1,015 | $1,017 |
| Dundee - Memorial Park | $902 | $884 | $820 | $1,015 | $1,017 |
| Regency | $907 | $584 | $794 | $1,026 | $1,183 |
| Golden Valley - Old Loveland | $907 | $584 | $794 | $1,026 | $1,183 |
| Westbrook | $915 | $932 | $830 | $1,022 | $1,017 |
| Ak-sar-ben - Elmwood | $915 | $932 | $830 | $1,022 | $1,017 |
| Pheasant Run - Stonybrook | $924 | $675 | $817 | $1,002 | $1,166 |
| Millard Airport | $924 | $675 | $817 | $1,002 | $1,166 |
| Harvey Oaks | $929 | $594 | $831 | $1,045 | $1,063 |
| Park East | $949 | $604 | $859 | $1,167 | $1,355 |
| Whispering Ridge - Manchester Park | $951 | $731 | $846 | $1,002 | $1,237 |
| Westin Hills - Torrey Pines | $951 | $731 | $846 | $1,002 | $1,237 |
| Walnut Ridge | $951 | $731 | $846 | $1,002 | $1,237 |
| Huntington Park | $951 | $731 | $846 | $1,002 | $1,237 |
| Diamond Head - Nelsons Creek | $951 | $731 | $846 | $1,002 | $1,237 |
| Indian Creek | $964 | $835 | $862 | $1,061 | $1,254 |
| West Hampton - Winterburn | $977 | $855 | $875 | $1,126 | $1,453 |
| The Grove | $977 | $855 | $875 | $1,126 | $1,453 |
| Skyline Ranches | $977 | $855 | $875 | $1,126 | $1,453 |
| Greenbrier - Summer Glen | $977 | $855 | $875 | $1,126 | $1,453 |
| Five Fountains - West Dodge Station | $977 | $855 | $875 | $1,126 | $1,453 |
| Elkhorn - Fair Meadows | $977 | $855 | $875 | $1,126 | $1,453 |
| Elk Ridge - High Point | $977 | $855 | $875 | $1,126 | $1,453 |
| Old Market | $1,015 | $634 | $909 | $1,239 | $1,730 |
| Fire Ridge - Pacific Pointe | $1,020 | $855 | $898 | $1,182 | $1,458 |
| Radial Hills - Orchard Hill | $1,025 | $566 | $980 | $1,149 | $631 |
| Highlander - Prospect Place | $1,025 | $566 | $980 | $1,149 | $631 |
| Conestoga Place - OIC | $1,025 | $566 | $980 | $1,149 | $631 |
| Downtown Omaha | $1,030 | $629 | $923 | $1,237 | $1,745 |
| Joslyn Castle | $1,035 | $586 | $928 | $1,215 | $2,111 |
| Gifford Park | $1,098 | $566 | $980 | $1,247 | $2,111 |
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The most affordable neighborhoods in Omaha are Field Club - Ford Birthsite, where the average rent goes for $675/month, Hanscom Park, where renters pay $675/mo on average, and Clifton Hills - Malcolm X, where the average rent goes for $695/mo. If you’re looking for other great deals, check out the listings from Fort Redman - Fontenelle View ($695), Northwest Community Club - Fairfax ($695), and Wakonda ($695), where the asking prices are below the average Omaha rent of $881/mo.
The most expensive neighborhoods in Omaha are Downtown Omaha ($1,030), Joslyn Castle ($1,035) and Gifford Park ($1,098).
Omaha | Rent Comparison by Neighborhood
Rent in Ak-sar-ben - Elmwood is 12% higher than in Applewood Heights - Disney
$915
Ak-sar-ben - Elmwood rent is 4% higher than Omaha average
| All rentals | $915 |
|---|---|
| Studio | $932 |
| 1 Bed | $830 |
| 2 Beds | $1,022 |
| 3 Beds | $1,017 |
$814
Applewood Heights - Disney rent is 8% lower than Omaha average
| All rentals | $814 |
|---|---|
| Studio | $569 |
| 1 Bed | $735 |
| 2 Beds | $890 |
| 3 Beds | $1,141 |
How Does Omaha Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Omaha | $881 | 3% |
| Candlewood - Linden | $818 | -1% |
| Ralston | $766 | 3% |
For more information about the Omaha rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
- Alhambra
- Classic Collection, The
- Roosevelt
- Village at Kearney
- City View
- Fairway, The
- Kensington Woods Apartments
- Westchester
- Kings Gate Senior Apartments
- Wheaten Place
- Annex
- Westbrook Tower
- Old Mill Apartments
- Tadousac
- Welcome to The Reserve at the Knolls
- Bentley by Broadmoor
- Camelot Village
- Maple View Apartments
- Fox Ridge Apartments
- Pacific West
Mid-priced Listings on RENTCafé
- Aspen Lofts
- Skinner Macaroni Lofts
- Edgewater Court Apartments
- Georgetowne
- West Haven
- Villas of Omaha at Butler Ridge
- Southwinds Apartments
- Parkwood Manor Apartments
- Falgrove, The
- Wycliffe by Broadmoor
- Oakwood Trail Apartments
- Pine Tree
- South Park
- 1415 @ The Yard
- West Hampton Park Apartment Homes
- The Conrad
- The Jackson by Broadmoor
- London Square by Broadmoor
- Willow Park South by Broadmoor
- Eagle Run Apartments
Most Expensive Listings on RENTCafé
- Park West
- Country Estates
- One Pacific Place by Broadmoor
- Antler View Apartments
- Midtown Crossing B7
- Midtown Crossing
- Terrace Garden Townhomes
- Turner Park Apartments
- Stone Creek Villas
- Cambridge Villas
- Capitol District Apartments
- Wyndham Villas by Broadmoor
- Peony Village Apartments
- Orchard Village
- Crown Park by Broadmoor
- Tradition by Broadmoor
- Larimore, The
- Midtown Crossing B2
- Midtown Crossing B5
- Mayfair, The
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Omaha apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.