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Rental Market Trends in Elkhorn, NE

What is the average rent in Elkhorn, NE?

$1,310/month

Average Rent

794 Sq Ft

Average Apartment Size

+3.5%

Increase in the Last Year

As of July 2025, the average rent in Elkhorn, NE is $1,310 per month. This is 20% lower than the national average rent of $1,637/month, making renting in Elkhorn more affordable than most cities in the US. When you rent an apartment in Elkhorn, you can expect to pay about $1,121 per month for a studio, $1,310 for a one-bedroom apartment, and around $1,733 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,375 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,121/month
623 Sq Ft
One Bedroom
$1,310/month
794 Sq Ft
Two Bedroom
$1,733/month
1,163 Sq Ft
Three Bedroom
$2,375/month
1,528 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,153/month
1,590 Sq Ft
Four Bedroom
$3,217/month
2,640 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,305/month
1,659 Sq Ft

How much has average rent changed in Elkhorn, NE?

In the past year, rent has increased by 3.5%, which averages out to $47 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Elkhorn, NE
Last Updated July 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Elkhorn, NE
Percentage*
Rent Range
0% Below $700/month
18% $700 - $1,000/month
32% $1,001 - $1,500/month
36% $1,501 - $2,000/month
14% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Elkhorn?

Based on current rent prices, Villas at the Grove and Broadmoor Hills" are the most affordable neighborhoods in Elkhorn.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Villas at the Grove
$1,477/month
886 Sq Ft
Broadmoor Hills
$1,479/month
763 Sq Ft

What are the most expensive neighborhoods in Elkhorn?

Based on current rent prices, Broadmoor Hills and Villas at the Grove" are the most expensive neighborhoods in Elkhorn.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Broadmoor Hills
$1,479/month
763 Sq Ft
Villas at the Grove
$1,477/month
886 Sq Ft

Which Elkhorn neighborhoods have the most rentals available?

The neighborhoods in Elkhorn with the most apartments available are Broadmoor Hills and Villas at the Grove" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Broadmoor Hills
$1,479/month
763 Sq Ft
Villas at the Grove
$1,477/month
886 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Elkhorn, NE?

Because the average rent in Elkhorn is $1,310, you’ll want to make about $4,366 per month or $52,392 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Elkhorn, NE

1,350 Available Apartments for Rent

Search for Nearby Apartments

How does Elkhorn, NE compare to other nearby cities and neighborhoods?

Use the tool below to compare Elkhorn, NE to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Elkhorn, NE

Apartment Averages

Villas at the Grove

Elkhorn, NE

Broadmoor Hills

Elkhorn, NE

Studio
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends

  • Omaha Average Rent
  • Gretna Average Rent
  • La Vista Average Rent
  • Ralston Average Rent

Apartment communities in Elkhorn we think you'll love

Ravello 192 & Ravello ll

Ravello 192 & Ravello ll

19261 Marcy Ct,
Elkhorn, NE 68022

1-3 Beds | $1,250 - $2,620

The Bungalows on 204

The Bungalows on 204

6249 Coventry Dr,
Elkhorn, NE 68022

1-3 Beds | $1,095 - $2,395

Gretna Landing Apartments

Gretna Landing Apartments

10919 S 197th St,
Gretna, NE 68028

Studio - 3 Beds | $1,170 - $2,150

The Abacus

The Abacus

19050 Jackson Ct,
Elkhorn, NE 68022

Studio - 3 Beds | $1,160 - $2,625

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United States Nebraska Elkhorn Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity