Omaha, NE Rental Market Trends
Last updated: July 02, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Omaha is $1,337, a 3.04% increase compared to the previous year, when the average rent was $1,297.
Studio Apartments at $1,007 offer the most budget-friendly option with 497 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 747 square feet for $1,178, balancing privacy and affordability.
Two-beedroom units at $1,511 offer 1,093 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,381 sq ft) for $1,787, suitable for larger households.
Average rent in Omaha, NE
Last updated: July 02, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,337 | 908 sq. ft. |
| Studio | $1,007 | 497 sq. ft. |
| 1 Bed | $1,178 | 747 sq. ft. |
| 2 Beds | $1,511 | 1,093 sq. ft. |
| 3 Beds | $1,787 | 1,381 sq. ft. |
Omaha, NE rent trends
Rental prices in Omaha, NE have increased by 3.04% over the past year. The average rent moved from $1,297 to $1,337.
What's the typical rent budget in Omaha, NE?
The largest share of rentals in Omaha, NE (53%) 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?
Hanscom Park $896/month
Dundee - Memorial Park $935/month
Prairie Lane $948/month
All of these neighborhoods fall below the city wide average of $1,337/month.Most expensive neighborhoods in Omaha?
Elk Ridge - High Point $1,893/month
Walnut Ridge $1,903/month
Fire Ridge - Pacific Pointe $1,993/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Omaha, NE By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Fire Ridge - Pacific Pointe | $1,993 |
| Walnut Ridge | $1,903 |
| Elk Ridge - High Point | $1,893 |
| Paddock Road - Oakdale | $1,873 |
| Woodbridge - Somerset | $1,833 |
| Royalwood | $1,788 |
| Ak-sar-ben - Elmwood | $1,767 |
| Spring Ridge - Lakeside | $1,642 |
| Greenbrier - Summer Glen | $1,587 |
| Briar Hills | $1,584 |
| Joslyn Castle | $1,582 |
| Elkhorn - Fair Meadows | $1,573 |
| Crescent Oaks - Summerwood | $1,497 |
| Westgate | $1,494 |
| Leavenworth | $1,493 |
| Pheasant Run - Stonybrook | $1,483 |
| Hillsborough | $1,477 |
| Gifford Park | $1,463 |
| Downtown Omaha | $1,449 |
| GIT | $1,426 |
| Blackstone | $1,411 |
| Dahlman | $1,400 |
| Candlewood - Linden | $1,397 |
| Piedmont Wycliffe - Pacific Meadows | $1,381 |
| Westbrook | $1,374 |
| Westin Hills - Torrey Pines | $1,314 |
| Golden Valley - Old Loveland | $1,307 |
| West Hampton - Winterburn | $1,295 |
| Millard Airport | $1,252 |
| Benson | $1,243 |
| Meadowbrook | $1,242 |
| Crosskey Village - Lee Valley | $1,240 |
| Eagle Run - Willow Wood | $1,234 |
| Old Market | $1,217 |
| Deer Ridge - West Fairacres | $1,211 |
| Rambleridge | $1,175 |
| Cornish Heights - Loveland | $1,174 |
| Cherry Hills | $1,139 |
| West Dodge Addition | $1,131 |
| Applewood Heights - Disney | $1,127 |
| Maple Village | $1,112 |
| Roanoke | $1,112 |
| Parkside - Trendwood | $1,101 |
| Sunny Slope | $1,081 |
| Prairie Lane | $948 |
| Dundee - Memorial Park | $935 |
| Hanscom Park | $896 |
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Omaha | Rent Comparison by Neighborhood
Rent in Ak-sar-ben - Elmwood is 57% higher than in Applewood Heights - Disney
$1,767
Ak-sar-ben - Elmwood rent is 32% higher than Omaha average
Average Rent
$1,767
$1,127
Applewood Heights - Disney rent is 16% lower than Omaha average
Average Rent
$1,127
How Omaha Compares to Other Cities
| City | Average Rent |
|---|---|
| Omaha | $1,337 |
| Lincoln | $1,345 |
| Bellevue | $1,433 |
| Gretna | $1,619 |
| Papillion | $1,437 |
| La Vista | $1,357 |
| Council Bluffs, IA | $1,246 |
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.