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Average Rent in Omaha, NE & Rent Trends

Rent prices and market trends across 11 apartment communities in Omaha, NE. Updated daily.

Market Average

$1,388/mo

▲ +6.7% from last month

Lowest Available

$881/mo

cheapest unit on market

Communities

11

tracked daily

Units Listed

90

available now

Price Cuts This Week in Omaha, NE

58 listed units across 7 buildings offering studio units in Omaha, NE dropped their asking rent in the past 7 days, an average cut of $256/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
The Atlas Apartments Unit 32 $2,640 $1,360 $1,280
The Atlas Apartments Unit 1 $2,190 $1,170 $1,020
The Atlas Apartments Unit 17 $2,300 $1,325 $975
The Atlas Apartments Unit 25 $2,230 $1,450 $780
The Highline Apartments Unit 8 $1,865 $1,220 $645
The Highline Apartments Unit 25 $1,730 $1,125 $605
The Highline Apartments Unit 17 $1,665 $1,155 $510
The Highline Apartments Unit 12 $1,775 $1,275 $500
See today's prices on all 90 listed units

Rent by Neighborhood in Omaha, NE

Compare average rent across Omaha, NE neighborhoods. Click any area to see detailed trends.

Neighborhood Avg Rent 30d Change From Properties Units
Hanscom Park $1,596 ▼  $59 $875 5 88
Downtown $1,481 ▼  $29 $881 14 190
Gifford Park $1,431 ▲  $4 $1,035 2 32

Is Rent Going Up or Down in Omaha, NE?

As of August 2026, the average rent in Omaha, NE is $1,388 per month across 11 apartment communities and 90 available units. Rents have increased $100 (6.7%) over the past month.

The most affordable option is Orpheum Tower starting at $881/mo. By unit type, a studio averages $1,388/mo.

Prices range from $881 to $2,140 per month. The most common price point is the $1,200 range, where 28 units are currently listed.

Omaha, NE Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
July 2026 $1,504 - 7
August 2026 $1,460 -$44 11

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Rent Price Distribution

Rent by Bedroom Type in Omaha, NE

Studio
$1,388
from $881 · 90 units

Rent Prices by Apartment in Omaha, NE

Property Starting at Average Units Rating
Orpheum Tower $881/mo $881/mo 1 4.5
1415 @ The Yard $997/mo $1,004/mo 3 3.8
Forudad, LLC $1,005/mo $1,005/mo 1 5
NICO Apartments $1,035/mo $1,138/mo 3 4.9
Blackstone Corner $1,075/mo $1,075/mo 1 4.3
The Artisan at 39th $1,095/mo $1,179/mo 5 5
The Conrad $1,114/mo $1,313/mo 8 4.8

Frequently Asked Questions About Rent in Omaha, NE

What is the average rent in Omaha, NE?

The average rent in Omaha, NE is $1,388 per month as of August 2026, based on 90 units across 11 apartment communities.

Is rent going up or down in Omaha, NE?

Rent in Omaha, NE has increased $100 (6.7%) over the past month. The current average is $1,388/mo.

What is the cheapest apartment in Omaha, NE?

The most affordable apartment in Omaha, NE is Orpheum Tower with units starting at $881/mo.

How many apartments are available in Omaha, NE?

There are 90 units available across 11 apartment communities in Omaha, NE.

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

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$56,000/year

Based on the 30 percent rule, using our tracked average rent of $1,388/mo.

Comfortable income

$67,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($881/mo), you need to earn at least $35,000/year.

Median household income in Omaha, NE is $72,708 , about 9% above the comfortable-living threshold.

Cost of living in Omaha, NE

Overall prices in Omaha, NE runs below the national average by about 8% (BEA Regional Price Parity index 92.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Omaha, NE's regional price parities.

Category Monthly estimate
Rent (market average) $1,388
Utilities $375
Groceries $521
Transportation $895
Healthcare $436
Other goods and services $698
Estimated total $4,314/mo

Population

488,197

Median household income

$72,708

Census median rent

$1,150/mo

Rent as % of income

29.4%

Median age

35.3

Mean commute

20 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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