Omaha, NE Rental Market Trends
What is the average rent in Omaha?
The average rent for an apartment in Omaha is $971, a 3% increase compared to the previous year.
Average Rent in Omaha, NE
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $971 | 3% | 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
- $501-$70011%
- $701-$1,00054%
- $1,001-$1,50030%
- $1,501-$2,0004%
- > $2,0001%
Omaha, NE Occupied Housing Units
- Renter-occupied Households40%
- Owner-occupied Households59%
75,113 or 40% of the households in Omaha, NE are renter-occupied while 111,770 or 59% are owner-occupied.
Omaha, NE Rent Trends
| Average Rent | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Omaha, NE | $874 | $876 | $888 | $901 | $906 | $927 | $934 | $936 | $943 | $959 | $971 |
| National | $1,315 | $1,346 | $1,355 | $1,359 | $1,356 | $1,391 | $1,398 | $1,400 | $1,390 | $1,395 | $1,407 |
Average Rent in Omaha, NE By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Armbrust Acres - Pacific Heights | $1,218 |
| Spring Ridge - Lakeside | $1,218 |
| The Ridges | $1,210 |
| Bent Creek | $1,204 |
| Briar Hills | $1,204 |
| Villaga Pointe - Pacific Springs | $1,204 |
| Gifford Park | $1,128 |
| Conestoga Place - OIC | $1,119 |
| Highlander - Prospect Place | $1,119 |
| Radial Hills - Orchard Hill | $1,119 |
| Cornish Heights - Loveland | $1,107 |
| Joslyn Castle | $1,102 |
| Fire Ridge - Pacific Pointe | $1,097 |
| Diamond Head - Nelsons Creek | $1,092 |
| Huntington Park | $1,092 |
| Walnut Ridge | $1,092 |
| Westin Hills - Torrey Pines | $1,092 |
| Whispering Ridge - Manchester Park | $1,092 |
| Downtown Omaha | $1,090 |
| Old Market | $1,080 |
| Fairacres | $1,063 |
| Indian Creek | $1,049 |
| Adams Park - Omaha View | $1,048 |
| Bedford Place | $1,048 |
| Binney Wirt Spencer - E R Danner | $1,048 |
| Miller Park - Minne Lusa | $1,048 |
| Monmouth - Central Park | $1,048 |
| Park East | $1,039 |
| Golden Valley - Old Loveland | $1,033 |
| Regency | $1,033 |
| Dahlman | $1,020 |
| Harvey Oaks | $1,008 |
| Elk Ridge - High Point | $1,008 |
| Elkhorn - Fair Meadows | $1,008 |
| Five Fountains - West Dodge Station | $1,008 |
| Greenbrier - Summer Glen | $1,008 |
| Skyline Ranches | $1,008 |
| The Grove | $1,008 |
| West Hampton - Winterburn | $1,008 |
| Dundee - Memorial Park | $1,005 |
| Elmwood Park | $1,005 |
| Blackstone | $1,001 |
| Millard Airport | $996 |
| Pheasant Run - Stonybrook | $996 |
| Leavenworth | $995 |
| Ak-sar-ben - Elmwood | $993 |
| Westbrook | $993 |
| Eagle Run - Willow Wood | $966 |
| GIT | $966 |
| Hillsborough | $966 |
| Rambleridge | $966 |
| Roanoke | $966 |
| Crosskey Village - Lee Valley | $966 |
| Karen Western - Robin Hill | $965 |
| Morton Meadows | $965 |
| Piedmont Wycliffe - Pacific Meadows | $934 |
| Crescent Oaks - Summerwood | $932 |
| Benson | $923 |
| Meadowbrook | $920 |
| West Dodge Addition | $920 |
| Deer Ridge - West Fairacres | $912 |
| Seville - El Dorado | $912 |
| Columbus Park | $910 |
| Deer Park | $910 |
| Field Club - Ford Birthsite | $899 |
| Hanscom Park | $899 |
| Paddock Road - Oakdale | $881 |
| Westgate | $881 |
| Applewood Heights - Disney | $877 |
| Woodbridge - Somerset | $873 |
| Copper Creek | $872 |
| Fair Acres | $872 |
| Faulkland Heights | $872 |
| Glenmorrie | $872 |
| Hastings | $872 |
| Heritage Hills | $872 |
| Maclad Heights | $872 |
| Market Pointe | $872 |
| Pawnee Hills | $872 |
| South Park | $872 |
| Southern Park | $872 |
| Southern Valley | $872 |
| Southfork | $872 |
| Stockman's Hollow | $872 |
| Sun Valley | $872 |
| Sun Valley Hidden Acres | $872 |
| Sun Valley Park | $872 |
| Parkside - Trendwood | $839 |
| Prairie Lane | $839 |
| Royalwood | $839 |
| Westwood Heights - Montclair | $839 |
| Cherry Hills | $835 |
| North Oaks - Starwood | $835 |
| Keystone | $834 |
| Maple Village | $834 |
| Saddle Hills | $834 |
| Sunny Slope | $834 |
| NONAC | $828 |
| Clifton Hills - Malcolm X | $822 |
| Fort Redman - Fontenelle View | $822 |
| Northwest Community Club - Fairfax | $822 |
| Wakonda | $822 |
| Ralston | $816 |
| Country Club Hills | $730 |
| Dodge Park - Wyman Heights | $730 |
| Raven Oaks - Woodhurst | $730 |
What are the most affordable neighborhoods in Omaha?
The most affordable neighborhoods in Omaha are Country Club Hills, where the average rent goes for $730/month, Dodge Park - Wyman Heights, where renters pay $730/mo on average, and Raven Oaks - Woodhurst, where the average rent goes for $730/mo. If you’re looking for other great deals, check out the listings from Ralston ($816), Clifton Hills - Malcolm X ($822), and Fort Redman - Fontenelle View ($822), where the asking prices are below the average Omaha rent of $971/mo.
What are the most expensive neighborhoods in Omaha?
The most expensive neighborhoods in Omaha are The Ridges ($1,210), Armbrust Acres - Pacific Heights ($1,218) and Spring Ridge - Lakeside ($1,218).
What are the most popular neighborhoods in Omaha?
The most popular neighborhood in Omaha is Applewood Heights - Disney, where there are 12 verified RENTCafé listings with an average rent of $877. Next up is Dundee - Memorial Park, where apartments go for $1,005/month, followed by Meadowbrook with $920 If you’re looking to rent in Omaha’s most popular neighborhoods, make sure to also check out Monmouth - Central Park, where renters pay $1,048 on average, and Crosskey Village - Lee Valley, where the average monthly rent is $966.
Omaha | Rent Comparison by Neighborhood
Rent in Adams Park - Omaha View is 6% higher than in Ak-sar-ben - Elmwood
Adams Park - Omaha View rent is 8% higher than Omaha average
| Average Rent | $1,048 |
|---|
Ak-sar-ben - Elmwood rent is 2% higher than Omaha average
| Average Rent | $993 |
|---|
How Omaha Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Omaha | $971 | 3% |
| Lincoln | $1,008 | 3% |
| West Des Moines | $1,007 | 1% |
| Bellevue | $1,080 | 2% |
| Council Bluffs | $928 | 1% |
| La Vista | $975 | 2% |
| Waukee | $1,096 | -2% |
| Papillion | $990 | 3% |
| Fremont | $805 | -1% |
| Blair | $829 | -3% |
| Grimes | $1,136 | 21% |