The Bungalows on 204
6249 Coventry Dr,
Elkhorn, NE 68022
$1,195 - $2,395
1-3 Beds
Rental Market Trends in Elkhorn, NE
What is the average rent in Elkhorn, NE?
$1,293/month
Average Rent
793 Sq Ft
Average Apartment Size
+2.7%
Increase in the Last Year
As of October 2025, the average rent in Elkhorn, NE is $1,293 per month. This is 21% lower than the national average rent of $1,630/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 $1,089 per month for a studio, $1,293 for a one-bedroom apartment, and around $1,742 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,383 or more.
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How much has average rent changed in Elkhorn, NE?
In the past year, rent has increased by 2.7%, which averages out to $35 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 October 2025
Legend
2024
2025
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Elkhorn?
Based on current rent prices, Broadmoor Hills and Villas at the Grove" are the most affordable neighborhoods in Elkhorn.
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What are the most expensive neighborhoods in Elkhorn?
Based on current rent prices, Villas at the Grove and Broadmoor Hills" are the most expensive neighborhoods in Elkhorn.
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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" .
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What salary do I need to live comfortably in Elkhorn, NE?
Because the average rent in Elkhorn is $1,293, you’ll want to make about $4,310 per month or $51,720 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.
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.
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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 September 2025.
* Percentages may not total 100 due to rounding.