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Rental market trends in Omaha, NE

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Average Rent in Omaha, NE

Average Rent in Omaha, NE

Avg. RentAnnual Change
Studio - $1,000+4%
1 Bed - $1,147+2%
2 Beds - $1,487+4%
Last updated 2/29/2024

Average Apartment Cost in Omaha, NE

The average rent for apartments in Omaha, NE, is between $1,000 and $1,487 in 2024. For a studio apartment in Omaha, NE, the average rent is $1,000. When it comes to 1-bedroom apartments, the average rent in Omaha, NE, is $1,147. For a 2-bedroom apartment, the average rent is $1,487.

Apartment Rent Ranges in Omaha, NE

Apartment PricesProportion
8%
28%
29%
22%
14%

Neighborhood Apartment Rent Trends in Omaha, NE

NeighborhoodStudio Avg RentAnnual Change
Dodge Street Corridor$1,266+13%
Central Omaha$1,220+62%
Old Market$1,137+8%
Montclair Trendwood Parkside and Georgetown$1,130-6%
Benson$1,065+5%
Nebraska Medical Center$1,027+9%
Midtown$1,010+4%
Blackstone$1,010+6%
Leavenworth$1,000+2%
North Omaha$998+3%
West Omaha$972+14%
Park East$935+10%
Southeast Omaha$935+4%
Little Italy$930+6%
Dahlman$925-5%
Downtown$895+8%
Maple Village$875--
North Downtown$835+2%
North Central Omaha$810+1%
Columbus Park$795--
Westwood Heights$792+2%
Elmwood Park$700+2%
Ford Birthsite$695--
Dundee$595--
Neighborhood1 Bed Avg RentAnnual Change
Disney$1,471+12%
Dodge Street Corridor$1,383+7%
Montclair Trendwood Parkside and Georgetown$1,376-12%
Old Market$1,350+8%
Nebraska Medical Center$1,295+8%
Gifford Park$1,267+9%
Blackstone$1,250+3%
Little Italy$1,250+11%
Benson$1,227+1%
Southeast Omaha$1,219+3%
Park East$1,205+10%
North Downtown$1,195+15%
Midtown$1,190+11%
Downtown$1,162+5%
North Omaha$1,129-4%
West Omaha$1,124+3%
Heartland Park of America$1,120-34%
Market West$1,095+10%
Northwest Omaha$1,050-3%
Central Omaha$1,047+7%
Hillsborough$1,040-1%
Leavenworth$9950%
Westwood Heights$912+4%
Cornish Heights$864+7%
Joslyn Castle$839-6%
Ford Birthsite$810+3%
Elmwood Park$805-2%
Columbus Park$795-36%
West Dodge$795--
North Central Omaha$793+6%
Maple Village$790+9%
Dahlman$779-36%
Dundee$750--
Underwood Avenue$7500%
Benson Gardens$6950%
Peony Park$6750%
Florence$650--
Neighborhood2 Beds Avg RentAnnual Change
Park East$1,780+14%
Dahlman$1,763+1%
Gifford Park$1,760+12%
Old Market$1,730+1%
Montclair Trendwood Parkside and Georgetown$1,697+4%
Market West$1,685+7%
Southeast Omaha$1,672+14%
Central Omaha$1,627+35%
Blackstone$1,625+6%
Midtown$1,610+12%
North Downtown$1,602+5%
Underwood Avenue$1,595+64%
Dodge Street Corridor$1,555-11%
Disney$1,552+4%
North Omaha$1,551+4%
Benson$1,551-1%
Northwest Omaha$1,543+12%
Downtown$1,510+5%
Heartland Park of America$1,500-40%
Hillsborough$1,490+16%
Ford Birthsite$1,470+5%
Leavenworth$1,415+17%
West Omaha$1,403-10%
Nebraska Medical Center$1,370--
Hanscom Park$1,295+8%
Westwood Heights$1,165-2%
Joslyn Castle$1,0500%
North Central Omaha$1,025+1%
Maple Village$1,0150%
Cornish Heights$979+5%
Elmwood Park$925-5%
Aksarben - Elmwood Park$900--
South Central Omaha$899+3%
Deer Park$899+3%
Peony Park$8950%
West Dodge$8950%
Columbus Park$800--
Florence$800+7%
Benson Gardens$7950%

How Other Cities Compare to Omaha, NE

CityStudio Avg RentAnnual Change
Council Bluffs$1,465+31%
Elkhorn$1,193+3%
Valley$1,150-4%
La Vista$1,127-5%
Bennington$1,095--
Papillion$1,004--
Lincoln$952-3%
Fremont$8450%
Bellevue$842+16%
Ralston$725--
City1 Bed Avg RentAnnual Change
Papillion$1,284+11%
Lavista$1,265-5%
Elkhorn$1,2220%
La Vista$1,219-1%
Valley$1,197-5%
Bennington$1,175--
Lincoln$1,137-2%
Ralston$1,095+34%
Gretna$1,0950%
Fremont$1,090+18%
Council Bluffs$1,085-8%
Bellevue$1,020+9%
Plattsmouth$937+59%
City2 Beds Avg RentAnnual Change
Bennington$1,650--
Valley$1,595-20%
Papillion$1,587+8%
Lavista$1,548-4%
Elkhorn$1,495-6%
La Vista$1,450+11%
Gretna$1,390-7%
Lincoln$1,372-4%
Council Bluffs$1,342+4%
Plattsmouth$1,307+101%
Fremont$1,2500%
Ralston$1,150-32%
Bellevue$1,110+8%
Ashland$1,025--

Omaha, NE Rent Trends

Studio1 Bed2 Beds
Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 2023Dec 2023Jan 2024Feb 2024
$962$982$962$959$965$975$975$1019$1022$1029$1020$1015$996
$1127$1142$1147$1147$1165$1167$1175$1175$1162$1157$1145$1127$1155
$1433$1487$1525$1540$1517$1527$1570$1555$1505$1477$1486$1495$1490
$1872$1997$2042$2020$1997$1947$1980$2047$2047$1922$1917$1917$1917

Neighborhood Information for Omaha, NE

What are the most affordable neighborhoods in Omaha, NE?

The most affordable neighborhoods in Omaha are Florence, where the average 1-bedroom apartment rent goes for $650, Peony Park, where renters pay $675 on average for a 1-bedroom apartment, and Benson Gardens, where the average 1-bedroom apartment rent goes for $695. If you're looking for other great deals, check out the listings in Dundee ($750 for a 1-bedroom apartment) or Underwood Avenue ($750 for a 1-bedroom apartment), compared to the $1,147 average for an Omaha 1-bedroom apartment.

What are the most expensive neighborhoods in Omaha, NE?

The most affordable neighborhoods in Omaha are Disney, where the average 1-bedroom apartment rent goes for $1,471, Dodge Street Corridor, where renters pay $1,383 on average for a 1-bedroom apartment, and Montclair Trendwood Parkside and Georgetown, where the average 1-bedroom apartment rent goes for $1,376. If you're looking for other great deals, check out the listings in Old Market ($1,350 for a 1-bedroom apartment) or Nebraska Medical Center ($1,295 for a 1-bedroom apartment), compared to the $1,147 average for an Omaha 1-bedroom apartment.

What are the most popular neighborhoods in Omaha, NE?

The most popular neighborhoods in Omaha are Elmwood Park, where the average 1-bedroom apartment rent goes for $805, Cornish Heights, where renters pay $864 on average for a 1-bedroom apartment, and Benson, where the average 1-bedroom apartment rent goes for $1,227. If you're looking for other popular neighborhoods, check out the listings in Underwood Avenue ($750 for a 1-bedroom apartment) or Central Omaha ($1,047 for a 1-bedroom apartment), compared to the $1,147 average for an Omaha 1-bedroom apartment.

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