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Rental Market Trends in Omaha, NE

Updated July 2026

The average rent in Omaha, NE is $1,114/month.

Rent in Omaha is 33% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,114/month

Average Rent

730 Sq Ft

Average Size

+1.3%

Change / Year

7,300

Available Apartments

Omaha rent varies by unit size and layout:

  • Studio apartments in Omaha average $1,001 per month.
  • One-bedroom apartments in Omaha average $1,114 per month.
  • Two-bedroom apartments in Omaha average $1,436 per month.
  • Three-bedroom apartments in Omaha average $1,768 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,001/month
506 Sq Ft
One Bedroom
$1,114/month
730 Sq Ft
Two Bedroom
$1,436/month
1,067 Sq Ft
Three Bedroom
$1,768/month
1,376 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,323/month
422 Sq Ft
Two Bedroom
$1,420/month
903 Sq Ft
Three Bedroom
$1,992/month
1,401 Sq Ft
Four Bedroom
$2,635/month
2,210 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,203/month
713 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,135/month
1,654 Sq Ft
View Omaha Apartments

How much has average rent changed in Omaha, NE?

In the past year, rent has increased by 1.3%, which averages out to $15 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Omaha, NE

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Omaha, NE
Percentage*
Rent Range
12% Below $700/month
33% $700 - $1,000/month
40% $1,001 - $1,500/month
13% $1,501 - $2,000/month
2% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Omaha?

Based on current rent prices, Ford Birthsite, Columbus Park and Monmouth Park are the most affordable neighborhoods in Omaha.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Ford Birthsite
$696/month
439 Sq Ft
Columbus Park
$720/month
504 Sq Ft
Monmouth Park
$791/month
504 Sq Ft
Keystone
$832/month
690 Sq Ft
Benson Gardens
$834/month
701 Sq Ft
North Omaha
$898/month
677 Sq Ft
Wiesman/North Oaks
$910/month
775 Sq Ft
Rambleridge
$912/month
697 Sq Ft
Maple Village
$919/month
724 Sq Ft
Benson
$959/month
673 Sq Ft

What are the most expensive neighborhoods in Omaha?

Based on current rent prices, Sterling Ridge Estates, Pinewood/Bel Air Village and Dundee-Memorial Park are the most expensive neighborhoods in Omaha.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Sterling Ridge Estates
$2,220/month
733 Sq Ft
Pinewood/Bel Air Village
$1,947/month
787 Sq Ft
Dundee-Memorial Park
$1,627/month
732 Sq Ft
Park West
$1,627/month
834 Sq Ft
Westgate
$1,592/month
786 Sq Ft
Dodge Street Corridor
$1,558/month
758 Sq Ft
Hillsborough
$1,554/month
920 Sq Ft
South Elkhorn
$1,540/month
769 Sq Ft
Underwood Avenue
$1,524/month
715 Sq Ft
Aksarben-Elmwood Park
$1,491/month
737 Sq Ft

Which Omaha neighborhoods have the most rentals available?

The neighborhoods in Omaha with the most apartments available are Old Market, Downtown Omaha and Midtown Omaha .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Old Market
$1,250/month
697 Sq Ft
Downtown Omaha
$1,240/month
701 Sq Ft
Midtown Omaha
$1,368/month
688 Sq Ft
West Omaha
$1,378/month
751 Sq Ft
Millard
$1,271/month
778 Sq Ft
Market West
$1,094/month
686 Sq Ft
West Central Omaha
$1,160/month
795 Sq Ft
South Central Omaha
$1,474/month
795 Sq Ft
West Albright/Bonfield
$1,384/month
766 Sq Ft
Little Italy
$1,190/month
669 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Omaha is $1,114, you’ll want to make about $3,713 per month or $44,556 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.

Cost of Living

The cost of living in Omaha, NE is 10.0% lower than the national average. Generally, housing in Omaha is 19.7% less expensive than the national average, with rent falling between $1,001 - $1,768. You can expect to pay 0.6% less for groceries, 13.9% less for utilities, and 11.7% less for transportation.

City

Omaha, NE

7,300 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Omaha, 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.

View the Omaha Area Guide

Apartment Averages

Ford Birthsite

Omaha, NE

Sterling Ridge Estates

Omaha, NE

Studio
$542/month
-
One Bedroom
$689/month
-
Two Bedroom
$855/month
-
Three Bedroom
$1,158/month
-
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Ralston

    Ralston

  • Bennington

    Bennington

  • La Vista

    La Vista

  • Elkhorn

    Elkhorn

  • Papillion

    Papillion

Apartment Communities in Omaha We Think You'll Love

Urban Village Midtown

Urban Village Midtown

3009 Harney St,
Omaha, NE 68131

1-3 Beds | $850 - $2,595

Broadmoor at Aksarben Village

Broadmoor at Aksarben Village

2225 S 64th Plz,
Omaha, NE 68106

Studio - 2 Beds | $1,315 - $3,205

Parallel

Parallel

3315 S 70th St,
Omaha, NE 68106

Studio - 2 Beds | $1,300 - $2,995

Broadmoor at Heartwood Preserve

Broadmoor at Heartwood Preserve

555 S 145th St,
Omaha, NE 68154

Studio - 4 Beds | $1,325 - $7,995

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Frequently Asked Questions

What is the average rent in Omaha?

The average rent in Omaha is $1,114 per month, which is 33.0% lower than the national average of $1,663.

What is the average rent for a house in Omaha?

The average rent for a house in Omaha, NE is $1,992 per month.

What is the average rent for a condo in Omaha?

The average rent for a condo in Omaha, NE is $1,203 per month.

Are rents going up or down in Omaha?

Rents in Omaha, NE are increasing, with prices up 1.3% year-over-year and $15 more per month.

What rent range is most common in Omaha?

In Omaha, NE, 40% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Nebraska Omaha 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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity