Omaha, NE Rental Market Trends
Highlights
The average rent for an apartment in Omaha is $883, a 1% increase compared to the previous year, when the average rent was $875.
Studio apartments in Omaha rent for $646 a month, while 1-bedroom apartments ask on average $787 a month; the average rent for a 2-bedroom apartment is $979.
Average Rent in Omaha, NE
Last updated Jan 2019
| All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Average Rent | $883 | $646 | $787 | $979 | $1,161 |
| Y-o-Y Change | 1% | 2% | 1% | 1% | -1% |
| Average Apartment Size | 893 sq. ft. | 517 sq. ft. | 740 sq. ft. | 1,060 sq. ft. | 1,381 sq. ft. |
The average size for a Omaha apartment is 893 square feet, but this number varies greatly depending on apartment type. A studio averages 517 sq. ft., while a one-bedroom apartment offers a more generous square footage: 740. 2-bedroom apartments in Omaha have an average size of 1,060 sq. ft.
Omaha, NE Apartment Rent Ranges
- < $50011%
- $501-$70063%
- $701-$1,00024%
- $1,001-$1,5002%
Omaha, NE Rent Trends
| Average Rent All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Jan / 2019 | $883 | $646 | $787 | $979 | $1,161 |
| Jan / 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 |
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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 |
| Monmouth - Central Park | $645 | $585 | $685 | $697 | $550 |
| Miller Park - Minne Lusa | $645 | $585 | $685 | $697 | $550 |
| Binney Wirt Spencer - E R Danner | $645 | $585 | $685 | $697 | $550 |
| Bedford Place | $645 | $585 | $685 | $697 | $550 |
| Adams Park - Omaha View | $645 | $585 | $685 | $697 | $550 |
| Hanscom Park | $675 | $533 | $636 | $829 | $645 |
| Field Club - Ford Birthsite | $675 | $533 | $636 | $829 | $645 |
| Wakonda | $704 | $568 | $661 | $789 | $566 |
| Northwest Community Club - Fairfax | $704 | $568 | $661 | $789 | $566 |
| Fort Redman - Fontenelle View | $704 | $568 | $661 | $789 | $566 |
| Clifton Hills - Malcolm X | $704 | $568 | $661 | $789 | $566 |
| Deer Park | $715 | $549 | $686 | $880 | $645 |
| Columbus Park | $715 | $549 | $686 | $880 | $645 |
| Benson | $717 | $572 | $664 | $828 | $850 |
| NONAC | $760 | $589 | $646 | $815 | $1,101 |
| Sunny Slope | $764 | $593 | $644 | $813 | $1,103 |
| Saddle Hills | $764 | $593 | $644 | $813 | $1,103 |
| Maple Village | $764 | $593 | $644 | $813 | $1,103 |
| Keystone | $764 | $593 | $644 | $813 | $1,103 |
| Ralston | $766 | $558 | $702 | $836 | $1,122 |
| North Oaks - Starwood | $769 | $593 | $654 | $817 | $1,103 |
| Cherry Hills | $769 | $593 | $654 | $817 | $1,103 |
| 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 |
| Seville - El Dorado | $818 | $471 | $734 | $906 | $982 |
| Deer Ridge - West Fairacres | $818 | $471 | $734 | $906 | $982 |
| West Dodge Addition | $823 | $590 | $716 | $892 | $1,129 |
| Meadowbrook | $823 | $590 | $716 | $892 | $1,129 |
| Applewood Heights - Disney | $824 | $589 | $743 | $904 | $1,141 |
| 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 | $704 | $785 | $979 | $793 |
| Karen Western - Robin Hill | $850 | $704 | $785 | $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 |
| Leavenworth | $870 | $534 | $817 | $1,046 | $752 |
| Crescent Oaks - Summerwood | $882 | $646 | $789 | $965 | $1,055 |
| Blackstone | $889 | $694 | $819 | $1,027 | $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 |
| Harvey Oaks | $929 | $594 | $831 | $1,045 | $1,063 |
| Pheasant Run - Stonybrook | $942 | $716 | $832 | $1,034 | $1,166 |
| Millard Airport | $942 | $716 | $832 | $1,034 | $1,166 |
| Park East | $961 | $602 | $867 | $1,191 | $1,355 |
| Whispering Ridge - Manchester Park | $962 | $731 | $853 | $1,026 | $1,250 |
| Westin Hills - Torrey Pines | $962 | $731 | $853 | $1,026 | $1,250 |
| Walnut Ridge | $962 | $731 | $853 | $1,026 | $1,250 |
| Huntington Park | $962 | $731 | $853 | $1,026 | $1,250 |
| Diamond Head - Nelsons Creek | $962 | $731 | $853 | $1,026 | $1,250 |
| Indian Creek | $971 | $835 | $866 | $1,077 | $1,268 |
| West Hampton - Winterburn | $978 | $855 | $875 | $1,126 | $1,453 |
| The Grove | $978 | $855 | $875 | $1,126 | $1,453 |
| Skyline Ranches | $978 | $855 | $875 | $1,126 | $1,453 |
| Greenbrier - Summer Glen | $978 | $855 | $875 | $1,126 | $1,453 |
| Five Fountains - West Dodge Station | $978 | $855 | $875 | $1,126 | $1,453 |
| Elkhorn - Fair Meadows | $978 | $855 | $875 | $1,126 | $1,453 |
| Elk Ridge - High Point | $978 | $855 | $875 | $1,126 | $1,453 |
| Radial Hills - Orchard Hill | $983 | $580 | $960 | $1,078 | $631 |
| Highlander - Prospect Place | $983 | $580 | $960 | $1,078 | $631 |
| Conestoga Place - OIC | $983 | $580 | $960 | $1,078 | $631 |
| Fire Ridge - Pacific Pointe | $1,021 | $855 | $898 | $1,182 | $1,457 |
| Joslyn Castle | $1,023 | $586 | $925 | $1,182 | $2,111 |
| Old Market | $1,028 | $634 | $916 | $1,264 | $1,730 |
| Downtown Omaha | $1,038 | $629 | $928 | $1,251 | $1,745 |
| Gifford Park | $1,082 | $566 | $976 | $1,210 | $2,111 |
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The most affordable neighborhoods in Omaha are Adams Park - Omaha View, where the average rent goes for $645/month, Bedford Place, where renters pay $645/mo on average, and Binney Wirt Spencer - E R Danner, where the average rent goes for $645/mo. If you’re looking for other great deals, check out the listings from Miller Park - Minne Lusa ($645), Monmouth - Central Park ($645), and Field Club - Ford Birthsite ($675), where the asking prices are below the average Omaha rent of $883/mo.
The most expensive neighborhoods in Omaha are Old Market ($1,028), Downtown Omaha ($1,038) and Gifford Park ($1,082).
Omaha | Rent Comparison by Neighborhood
Rent in Adams Park - Omaha View is 30% lower than in Ak-sar-ben - Elmwood
$645
Adams Park - Omaha View rent is 27% lower than Omaha average
| All rentals | $645 |
|---|---|
| Studio | $585 |
| 1 Bed | $685 |
| 2 Beds | $697 |
| 3 Beds | $550 |
$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 |
How Does Omaha Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Omaha | $883 | 1% |
| Ralston | $766 | 1% |
| Candlewood - Linden | $818 | -2% |
For more information about the Omaha rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
- Blackstone
- Classic Collection, The
- Hillside Court
- Roosevelt
- City View
- Ponderosa Pointe
- 4814-16 Capitol Apartments
- Carthage Apartments
- Delta Apartments
- Fairway, The
- 4107 Ohio Street
- 4810 Capitol Apartments
- Westbrook Tower
- Harney Court
- Kings Gate Senior Apartments
- Camelot Village
- Kensington Woods Apartments
- Davenport Apartments
- The Reserve at the Knolls
- Tadousac
Mid-priced Listings on RENTCafé
- Park West
- Pine Tree Apartments
- Parkwood Manor Apartments
- 1508 Monroe Street
- 3814 North 65th Street
- 640 - 3820 Jones
- Breckenridge Apartments
- Wycliffe by Broadmoor
- Arbor Creek Apartments
- The Conrad
- Cambury Hills Apartments
- South Park
- 5321 Spring Street
- The Jackson by Broadmoor
- 1415 @ The Yard
- West Hampton Park Apartment Homes
- 4312 South 15th Street
- 6775 Franklin
- Daisy Terrace
- Willow Park South by Broadmoor
Most Expensive Listings on RENTCafé
- Capitol District Apartments
- Duke Omaha, The
- 5315 N 49th Ave
- Capitol Place
- Larimore, The
- Wyndham Villas by Broadmoor
- Orchard Village
- 7861 Bowie Drive
- 3208 South 121st Street
- 1602 South 52nd Street
- 5826 Fay Bd
- 5527 Mason Street
- 12905 A Street
- 8162 Hascall
- 3405 Terrace Drive
- Tradition by Broadmoor
- Midtown Crossing B2
- 8941 Laurie Circle
- 8859 Holmes Street
- 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.