Downtown Omaha, Omaha, NE Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Downtown Omaha is $1,441, a 0.93% increase compared to the previous year, when the average rent was $1,428.
Studio Apartments at $976 offer the most budget-friendly option with 472 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 685 square feet for $1,253, balancing privacy and affordability.
Two-beedroom units at $1,725 offer 1,062 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,704 sq ft) for $2,677, suitable for larger households.
Average rent in Downtown Omaha, Omaha, NE
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,441 | 829 sq. ft. |
| Studio | $976 | 472 sq. ft. |
| 1 Bed | $1,253 | 685 sq. ft. |
| 2 Beds | $1,725 | 1,062 sq. ft. |
| 3 Beds | $2,677 | 1,704 sq. ft. |
Downtown Omaha, Omaha, NE rent trends
Rental prices in Downtown Omaha, Omaha, NE have increased by 0.93% over the past year. The average rent moved from $1,428 to $1,441.
What's the typical rent budget in Downtown Omaha, Omaha, NE?
The largest share of rentals in Downtown Omaha, 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 Downtown Omaha, Omaha, NE?
4,130 or 83% of the households in Downtown Omaha, Omaha, NE are renter-occupied while 852 or 17% are owner-occupied.
Most affordable neighborhoods in Downtown Omaha?
Prairie Lane $932/month
Dundee - Memorial Park $948/month
Hanscom Park $980/month
All of these neighborhoods fall below the city wide average of $1,308/month.Most expensive neighborhoods in Downtown Omaha?
Paddock Road - Oakdale $1,804/month
Walnut Ridge $1,856/month
Fire Ridge - Pacific Pointe $1,883/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 | $1,883 |
| Walnut Ridge | $1,856 |
| Paddock Road - Oakdale | $1,804 |
| Ak-sar-ben - Elmwood | $1,777 |
| Royalwood | $1,656 |
| Briar Hills | $1,596 |
| Spring Ridge - Lakeside | $1,594 |
| Greenbrier - Summer Glen | $1,561 |
| Joslyn Castle | $1,506 |
| Elkhorn - Fair Meadows | $1,505 |
| Leavenworth | $1,491 |
| Hillsborough | $1,475 |
| Pheasant Run - Stonybrook | $1,469 |
| GIT | $1,445 |
| Crescent Oaks - Summerwood | $1,444 |
| Dahlman | $1,442 |
| Downtown Omaha | $1,441 |
| Westgate | $1,431 |
| Candlewood - Linden | $1,400 |
| Piedmont Wycliffe - Pacific Meadows | $1,383 |
| Westbrook | $1,360 |
| Gifford Park | $1,330 |
| Blackstone | $1,309 |
| Golden Valley - Old Loveland | $1,286 |
| Westin Hills - Torrey Pines | $1,277 |
| Millard Airport | $1,269 |
| Benson | $1,263 |
| Deer Ridge - West Fairacres | $1,257 |
| Meadowbrook | $1,230 |
| Crosskey Village - Lee Valley | $1,229 |
| West Hampton - Winterburn | $1,215 |
| Westwood Heights - Montclair | $1,195 |
| Old Market | $1,183 |
| Eagle Run - Willow Wood | $1,183 |
| Cornish Heights - Loveland | $1,170 |
| Cherry Hills | $1,169 |
| West Dodge Addition | $1,141 |
| Roanoke | $1,135 |
| Applewood Heights - Disney | $1,125 |
| Rambleridge | $1,119 |
| Maple Village | $1,101 |
| Parkside - Trendwood | $1,080 |
| Sunny Slope | $1,058 |
| Hanscom Park | $980 |
| Dundee - Memorial Park | $948 |
| Prairie Lane | $932 |
Omaha | Rent Comparison by Neighborhood
Rent in Downtown Omaha is 19% lower than in Ak-sar-ben - Elmwood
Downtown Omaha rent is the same as Omaha average
Ak-sar-ben - Elmwood rent is 23% higher than Omaha average
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 Downtown 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.