Omaha, NE Rental Market Trends
Last updated: May 13, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Omaha is $1,327, a 2.91% increase compared to the previous year, when the average rent was $1,290.
Studio Apartments at $994 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 $1,168, balancing privacy and affordability.
Two-beedroom units at $1,498 offer 1,094 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,383 sq ft) for $1,776, suitable for larger households.
Average rent in Omaha, NE
Last updated: May 13, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,327 | 910 sq. ft. |
| Studio | $994 | 497 sq. ft. |
| 1 Bed | $1,168 | 747 sq. ft. |
| 2 Beds | $1,498 | 1,094 sq. ft. |
| 3 Beds | $1,776 | 1,383 sq. ft. |
Omaha, NE rent trends
Rental prices in Omaha, NE have increased by 2.91% over the past year. The average rent moved from $1,290 to $1,327.
What's the typical rent budget in Omaha, NE?
The largest share of rentals in Omaha, NE (51%) 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?
84,533 or 42% of the households in Omaha, NE are renter-occupied while 115,393 or 58% are owner-occupied.
Most affordable neighborhoods in Omaha?
Dundee - Memorial Park $927/month
Prairie Lane $945/month
Parkside - Trendwood $1,075/month
All of these neighborhoods fall below the city wide average of $1,327/month.Most expensive neighborhoods in Omaha?
Paddock Road - Oakdale $1,844/month
Walnut Ridge $1,880/month
Fire Ridge - Pacific Pointe $1,966/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 | $1,966 |
| Walnut Ridge | $1,880 |
| Paddock Road - Oakdale | $1,844 |
| Royalwood | $1,774 |
| Ak-sar-ben - Elmwood | $1,729 |
| Spring Ridge - Lakeside | $1,605 |
| Briar Hills | $1,595 |
| Greenbrier - Summer Glen | $1,576 |
| Joslyn Castle | $1,559 |
| Elkhorn - Fair Meadows | $1,556 |
| Leavenworth | $1,507 |
| Pheasant Run - Stonybrook | $1,465 |
| Westgate | $1,459 |
| Hillsborough | $1,456 |
| Crescent Oaks - Summerwood | $1,452 |
| Gifford Park | $1,424 |
| Downtown Omaha | $1,418 |
| Blackstone | $1,395 |
| Candlewood - Linden | $1,390 |
| Westbrook | $1,374 |
| Dahlman | $1,366 |
| Piedmont Wycliffe - Pacific Meadows | $1,363 |
| Golden Valley - Old Loveland | $1,302 |
| Westin Hills - Torrey Pines | $1,294 |
| West Hampton - Winterburn | $1,290 |
| Crosskey Village - Lee Valley | $1,268 |
| Benson | $1,262 |
| Deer Ridge - West Fairacres | $1,245 |
| Eagle Run - Willow Wood | $1,240 |
| Meadowbrook | $1,232 |
| Millard Airport | $1,227 |
| Rambleridge | $1,220 |
| Cornish Heights - Loveland | $1,190 |
| Old Market | $1,190 |
| West Dodge Addition | $1,139 |
| Applewood Heights - Disney | $1,118 |
| Cherry Hills | $1,115 |
| Roanoke | $1,110 |
| Maple Village | $1,080 |
| Sunny Slope | $1,078 |
| Parkside - Trendwood | $1,075 |
| Prairie Lane | $945 |
| Dundee - Memorial Park | $927 |
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Omaha | Rent Comparison by Neighborhood
Rent in Ak-sar-ben - Elmwood is 55% higher than in Applewood Heights - Disney
$1,729
Ak-sar-ben - Elmwood rent is 30% higher than Omaha average
Average Rent
$1,729
$1,118
Applewood Heights - Disney rent is 16% lower than Omaha average
Average Rent
$1,118
How Omaha Compares to Other Cities
| City | Average Rent |
|---|---|
| Omaha | $1,327 |
| Lincoln | $1,336 |
| Bellevue | $1,413 |
| La Vista | $1,354 |
| Papillion | $1,400 |
| Gretna | $1,607 |
| Council Bluffs, IA | $1,237 |
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.