Omaha, NE Rental Market Trends
Highlights
The average rent for an apartment in Omaha is $876, a 2% increase compared to the previous year, when the average rent was $858.
Studio apartments in Omaha rent for $648 a month, while 1-bedroom apartments ask on average $775 a month; the average rent for a 2-bedroom apartment is $971.
Average Rent in Omaha, NE
Last updated Apr 2018
| All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Average Rent | $876 | $648 | $775 | $971 | $1,162 |
| Y-o-Y Change | 2% | 4% | 2% | 2% | 0% |
| Average Apartment Size | 892 sq. ft. | 511 sq. ft. | 741 sq. ft. | 1,048 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: 741. 2-bedroom apartments in Omaha have an average size of 1,048 sq. ft.
Omaha, NE Apartment Rent Ranges
- < $5001%
- $501-$70024%
- $701-$1,00052%
- $1,001-$1,50020%
- $1,501-$2,0003%
Omaha, NE Rent Trends
| Average Rent All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Apr / 2018 | $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 |
| Wakonda | $597 | $475 | $568 | $636 | $564 |
| Northwest Community Club - Fairfax | $597 | $475 | $568 | $636 | $564 |
| Fort Redman - Fontenelle View | $597 | $475 | $568 | $636 | $564 |
| Clifton Hills - Malcolm X | $597 | $475 | $568 | $636 | $564 |
| Benson | $623 | $561 | $588 | $678 | $825 |
| Hanscom Park | $710 | $531 | $643 | $930 | $631 |
| Field Club - Ford Birthsite | $710 | $531 | $643 | $930 | $631 |
| NONAC | $740 | $580 | $627 | $792 | $1,056 |
| Deer Park | $750 | $551 | $695 | $976 | $631 |
| Columbus Park | $750 | $551 | $695 | $976 | $631 |
| Sunny Slope | $750 | $586 | $633 | $801 | $1,058 |
| Saddle Hills | $750 | $586 | $633 | $801 | $1,058 |
| Maple Village | $750 | $586 | $633 | $801 | $1,058 |
| Keystone | $750 | $586 | $633 | $801 | $1,058 |
| North Oaks - Starwood | $755 | $586 | $644 | $806 | $1,058 |
| Cherry Hills | $755 | $586 | $644 | $806 | $1,058 |
| Ralston | $762 | $570 | $686 | $841 | $1,130 |
| Westwood Heights - Montclair | $786 | $596 | $708 | $846 | $994 |
| Royalwood | $786 | $596 | $708 | $846 | $994 |
| Prairie Lane | $786 | $596 | $708 | $846 | $994 |
| Parkside - Trendwood | $786 | $596 | $708 | $846 | $994 |
| Applewood Heights - Disney | $797 | $580 | $711 | $874 | $1,149 |
| Seville - El Dorado | $818 | $450 | $724 | $919 | $998 |
| Deer Ridge - West Fairacres | $818 | $450 | $724 | $919 | $998 |
| Westgate | $820 | $570 | $717 | $883 | $1,313 |
| Paddock Road - Oakdale | $820 | $570 | $717 | $883 | $1,313 |
| West Dodge Addition | $822 | $587 | $707 | $901 | $1,104 |
| Meadowbrook | $822 | $587 | $707 | $901 | $1,104 |
| Piedmont Wycliffe - Pacific Meadows | $831 | $450 | $729 | $933 | $1,055 |
| Crescent Oaks - Summerwood | $840 | $616 | $746 | $907 | $1,075 |
| Morton Meadows | $847 | $712 | $779 | $979 | $767 |
| Karen Western - Robin Hill | $847 | $712 | $779 | $979 | $767 |
| Crosskey Village - Lee Valley | $866 | $587 | $754 | $973 | $1,092 |
| Roanoke | $872 | $562 | $763 | $948 | $1,136 |
| Rambleridge | $872 | $562 | $763 | $948 | $1,136 |
| Hillsborough | $872 | $562 | $763 | $948 | $1,136 |
| GIT | $872 | $562 | $763 | $948 | $1,136 |
| Eagle Run - Willow Wood | $872 | $562 | $763 | $948 | $1,136 |
| Elmwood Park | $884 | $895 | $807 | $987 | $982 |
| Dundee - Memorial Park | $884 | $895 | $807 | $987 | $982 |
| Pheasant Run - Stonybrook | $887 | $675 | $779 | $955 | $1,175 |
| Millard Airport | $887 | $675 | $779 | $955 | $1,175 |
| Blackstone | $892 | $701 | $816 | $1,037 | $832 |
| Westbrook | $898 | $943 | $820 | $993 | $982 |
| Ak-sar-ben - Elmwood | $898 | $943 | $820 | $993 | $982 |
| Leavenworth | $904 | $533 | $832 | $1,115 | $744 |
| Harvey Oaks | $919 | $596 | $815 | $1,036 | $1,091 |
| Regency | $925 | $589 | $788 | $1,072 | $1,205 |
| Golden Valley - Old Loveland | $925 | $589 | $788 | $1,072 | $1,205 |
| Park East | $950 | $598 | $851 | $1,183 | $1,364 |
| Whispering Ridge - Manchester Park | $958 | $737 | $861 | $993 | $1,290 |
| Westin Hills - Torrey Pines | $958 | $737 | $861 | $993 | $1,290 |
| Walnut Ridge | $958 | $737 | $861 | $993 | $1,290 |
| Huntington Park | $958 | $737 | $861 | $993 | $1,290 |
| Diamond Head - Nelsons Creek | $958 | $737 | $861 | $993 | $1,290 |
| Indian Creek | $969 | $844 | $862 | $1,065 | $1,314 |
| West Hampton - Winterburn | $979 | $864 | $862 | $1,145 | $1,592 |
| The Grove | $979 | $864 | $862 | $1,145 | $1,592 |
| Skyline Ranches | $979 | $864 | $862 | $1,145 | $1,592 |
| Greenbrier - Summer Glen | $979 | $864 | $862 | $1,145 | $1,592 |
| Five Fountains - West Dodge Station | $979 | $864 | $862 | $1,145 | $1,592 |
| Elkhorn - Fair Meadows | $979 | $864 | $862 | $1,145 | $1,592 |
| Elk Ridge - High Point | $979 | $864 | $862 | $1,145 | $1,592 |
| Old Market | $1,014 | $632 | $904 | $1,243 | $1,756 |
| Fire Ridge - Pacific Pointe | $1,017 | $864 | $886 | $1,188 | $1,514 |
| Downtown Omaha | $1,034 | $625 | $924 | $1,243 | $1,773 |
| Radial Hills - Orchard Hill | $1,046 | $567 | $1,006 | $1,163 | $634 |
| Highlander - Prospect Place | $1,046 | $567 | $1,006 | $1,163 | $634 |
| Conestoga Place - OIC | $1,046 | $567 | $1,006 | $1,163 | $634 |
| Joslyn Castle | $1,051 | $591 | $939 | $1,229 | $2,169 |
| Gifford Park | $1,122 | $567 | $1,006 | $1,260 | $2,169 |
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The most affordable neighborhoods in Omaha are Clifton Hills - Malcolm X, where the average rent goes for $597/month, Fort Redman - Fontenelle View, where renters pay $597/mo on average, and Northwest Community Club - Fairfax, where the average rent goes for $597/mo. If you’re looking for other great deals, check out the listings from Wakonda ($597), Benson ($623), and Field Club - Ford Birthsite ($710), where the asking prices are below the average Omaha rent of $876/mo.
The most expensive neighborhoods in Omaha are Radial Hills - Orchard Hill ($1,046), Joslyn Castle ($1,051) and Gifford Park ($1,122).
Omaha | Rent Comparison by Neighborhood
Rent in Ak-sar-ben - Elmwood is 13% higher than in Applewood Heights - Disney
$898
Ak-sar-ben - Elmwood rent is 3% higher than Omaha average
| All rentals | $898 |
|---|---|
| Studio | $943 |
| 1 Bed | $820 |
| 2 Beds | $993 |
| 3 Beds | $982 |
$797
Applewood Heights - Disney rent is 9% lower than Omaha average
| All rentals | $797 |
|---|---|
| Studio | $580 |
| 1 Bed | $711 |
| 2 Beds | $874 |
| 3 Beds | $1,149 |
How Does Omaha Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Omaha | $876 | 2% |
| Candlewood - Linden | $818 | 2% |
| Ralston | $762 | 0% |
For more information about the Omaha rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
- Alhambra
- Roosevelt
- Village at Kearney
- Kings Gate Senior Apartments
- The Vanderbilt Apartments
- Annex
- Tadousac
- The Reserve at the Knolls
- Bentley by Broadmoor
- LionsHead Apartments
- Fox Ridge Apartments
- Parkwood Manor Apartments
- The Colonial Apartment Homes
- Kensington Woods Apartments
- Camelot Village
- Briarwood by Broadmoor
- Willow Park by Broadmoor
- Cedar Heights
- Grandridge
- Bristol Square Apartments
Mid-priced Listings on RENTCafé
- Centre Ridge
- The Biltmore Apartments
- Breckenridge Apartments
- Oakwood Trail Apartments
- Montclair Place
- West Hampton Park Apartment Homes
- Wycliffe by Broadmoor
- Pacific Gardens Apartments
- Embassy Park Apartments
- South Park
- 1415 @ The Yard
- The Conrad
- Eagle Run Apartments
- Enclave by Broadmoor
- The Jackson by Broadmoor
- Willow Park South by Broadmoor
- Falgrove, The
- Spring Tree by Broadmoor
- London Square by Broadmoor
- Briar Hills
Most Expensive Listings on RENTCafé
- Broadmoor at Aksarben Village
- Apartments at Slowdown, The
- The Greenhouse Apartments
- Southwest Gables
- One Pacific Place by Broadmoor
- Antler View Apartments
- Turner Park Apartments
- Stone Creek Villas
- Jones 13
- Aspen Lofts
- Aspen Lofts
- Cambridge Villas
- Wyndham Villas by Broadmoor
- Crown Park by Broadmoor
- Capitol District Apartments
- CUE at Aksarben Village
- Pinhook Flats
- Tradition by Broadmoor
- Westwood Duplexes
- Lynbrook Townhomes
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.