Old Market, Omaha, NE Rental Market Trends
Last updated: February 24, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Old Market is $1,194, a 4.54% decrease compared to the previous year, when the average rent was $1,251.
Studio Apartments at $992 offer the most budget-friendly option with 546 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 812 square feet for $1,151, balancing privacy and affordability.
Two-beedroom units at $1,305 offer 1,035 square feet, perfect for roommates or small families.
Average rent in Old Market, Omaha, NE
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,194 | 870 sq. ft. |
| Studio | $992 | 546 sq. ft. |
| 1 Bed | $1,151 | 812 sq. ft. |
| 2 Beds | $1,305 | 1,035 sq. ft. |
| 3 Beds | n/a | n/a |
Old Market, Omaha, NE rent trends
Rental prices in Old Market, Omaha, NE have decreased by 4.54% over the past year. The average rent moved from $1,251 to $1,194.
What's the typical rent budget in Old Market, Omaha, NE?
The largest share of rentals in Old Market, 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 Old Market, Omaha, NE?
743 or 73% of the households in Old Market, Omaha, NE are renter-occupied while 269 or 27% are owner-occupied.
Most affordable neighborhoods in Old Market?
Dundee - Memorial Park $926/month
Prairie Lane $926/month
Elmwood Park $936/month
All of these neighborhoods fall below the city wide average of $1,305/month.Most expensive neighborhoods in Old Market?
Woodbridge - Somerset $1,794/month
Walnut Ridge $1,861/month
Fire Ridge - Pacific Pointe $1,893/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 | $1,893 |
| Walnut Ridge | $1,861 |
| Woodbridge - Somerset | $1,794 |
| Paddock Road - Oakdale | $1,789 |
| Ak-sar-ben - Elmwood | $1,734 |
| Royalwood | $1,648 |
| Briar Hills | $1,599 |
| Spring Ridge - Lakeside | $1,596 |
| Joslyn Castle | $1,574 |
| Greenbrier - Summer Glen | $1,541 |
| Elkhorn - Fair Meadows | $1,523 |
| Westgate | $1,504 |
| Leavenworth | $1,478 |
| Pheasant Run - Stonybrook | $1,462 |
| Hillsborough | $1,445 |
| Crescent Oaks - Summerwood | $1,429 |
| Dahlman | $1,421 |
| GIT | $1,410 |
| Downtown Omaha | $1,409 |
| Candlewood - Linden | $1,392 |
| Blackstone | $1,379 |
| Westbrook | $1,348 |
| Piedmont Wycliffe - Pacific Meadows | $1,331 |
| Gifford Park | $1,307 |
| Golden Valley - Old Loveland | $1,301 |
| West Hampton - Winterburn | $1,287 |
| Ralston | $1,275 |
| Westin Hills - Torrey Pines | $1,258 |
| Benson | $1,255 |
| Millard Airport | $1,238 |
| Meadowbrook | $1,235 |
| Crosskey Village - Lee Valley | $1,232 |
| Deer Ridge - West Fairacres | $1,202 |
| Old Market | $1,194 |
| Rambleridge | $1,188 |
| Westwood Heights - Montclair | $1,186 |
| Eagle Run - Willow Wood | $1,176 |
| Cornish Heights - Loveland | $1,163 |
| Cherry Hills | $1,138 |
| West Dodge Addition | $1,135 |
| Roanoke | $1,134 |
| Applewood Heights - Disney | $1,118 |
| Parkside - Trendwood | $1,094 |
| Maple Village | $1,092 |
| Sunny Slope | $1,079 |
| NONAC | $1,037 |
| Hanscom Park | $1,002 |
| Park East | $938 |
| Elmwood Park | $936 |
| Prairie Lane | $926 |
| Dundee - Memorial Park | $926 |
Omaha | Rent Comparison by Neighborhood
Rent in Old Market is 31% lower than in Ak-sar-ben - Elmwood
Old Market rent is the same as Omaha average
Ak-sar-ben - Elmwood rent is 45% 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 Old Market 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.