Brickline at The Mercantile
901 Farnam St,
Omaha, NE 68102
Studio - 3 Beds | $1,228 - $6,667
Rental Market Trends in Omaha, NE
What is the average rent in Omaha, NE?
$1,046/month
Average Rent
735 Sq Ft
Average Apartment Size
+2.8%
Increase in the Last Year
As of December 2024, the average rent in Omaha, NE is $1,046 per month. This is 33% lower than the national average rent of $1,560/month, making renting in Omaha more affordable than most cities in the US. When you rent an apartment in Omaha, you can expect to pay about $934 per month for a studio, $1,046 for a one-bedroom apartment, and around $1,338 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,599 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Omaha, NE?
In the past year, rent has increased by 2.8%, which averages out to $30 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 December 2024
Legend
2023
2024
Rent Ranges in Omaha, NE
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
16%
Below $700/month
36%
$700 - $1,000/month
39%
$1,001 - $1,500/month
8%
$1,501 - $2,000/month
1%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Omaha?
Based on current rent prices, Maple Village, Benson Gardens and North Omaha are the most affordable neighborhoods in Omaha.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Omaha?
Based on current rent prices, Aksarben-Elmwood Park, Little Italy and Northeast Elkhorn are the most expensive neighborhoods in Omaha.
Neighborhood
Average Rent
Average Sq Ft
Which Omaha neighborhoods have the most rentals available?
The neighborhoods in Omaha with the most apartments available are West Omaha, Central Omaha and Downtown Omaha .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Omaha, NE?
Because the average rent in Omaha is $1,046, you’ll want to make about $3,486 per month or $41,832 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 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.
Studio
$739/month
$1,277/month
One Bedroom
$824/month
$1,371/month
Two Bedroom
$1,072/month
$1,714/month
Three Bedroom
$1,467/month
$1,662/month
Nearby City Rent Trends
Apartment communities in Omaha we think you'll love
Property Management Companies in Omaha, NE
Lund Company
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87
Communities
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15,174
Units
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26
Cities
43 Communities in Omaha
Seldin Company
-
61
Communities
-
8,030
Units
-
23
Cities
24 Communities in Omaha
Broadmoor Apartments
-
25
Communities
-
6,525
Units
-
9
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16 Communities in Omaha
StoneCreek
-
49
Communities
-
9,644
Units
-
28
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13 Communities in Omaha
Robert Hancock & Co.
-
11
Communities
-
1,620
Units
-
3
Cities
11 Communities in Omaha
Elevate Living Property Management
-
41
Communities
-
6,776
Units
-
11
Cities
10 Communities in Omaha
NP Dodge Real Estate
-
11
Communities
-
2,076
Units
-
3
Cities
10 Communities in Omaha
Nustyle Development Corp.
-
10
Communities
-
2,201
Units
-
1
City
10 Communities in Omaha
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Methodology
† 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.
* Percentages may not total 100 due to rounding.