Bellevue, NE Rental Market
Bellevue is Omaha's largest suburb and home to Offutt Air Force Base, the headquarters of US Strategic Command (USSTRATCOM) — one of the most strategically significant military installations in the country. The base employs thousands of military personnel and highly cleared civilian contractors who generate consistent, well-compensated rental demand. Bellevue's proximity to Omaha's corporate HQ economy and its strong school districts make it one of the most stable suburban rental markets in Nebraska.
Get a rent estimate for an address in BellevueAverage Rent in Bellevue, NE
$1,080
per month · 2026-06
Market Score
Key Facts — Bellevue, NE Rental Market
- Average rent in Bellevue, NE:$1,080/mo
- Median rent:$994/mo
- Rent range:$550 – $2,400/mo
- Most common rental (2 bedrooms):$950/mo
- Active listings:320
- Avg days to lease:31 days
- Year-over-year change:+3.0%
- Median home value:$210,000
- Est. gross annual yield:6.2%
- Data as of:2026-06
Rent by Bedroom in Bellevue, NE
Average monthly rent for each bedroom type based on current active listings in Bellevue.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $775/mo |
2 Bedrooms | $950/mo |
3 Bedrooms | $1,225/mo |
4 Bedrooms | $1,500/mo |
5 Bedrooms | $1,700/mo |
Bellevue Rental Market Statistics
Key indicators from the current Bellevue, NE rental market.
320
Available now in Bellevue
31
From list to lease
$0.85
Average across listings
1,275 sq ft
Typical rental size
$550 – $2,400
Min to max active listings
+3.0%
Avg rent vs. prior year
Investing in Bellevue, NE Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$210,000
Typical purchase price in Bellevue
Est. Gross Annual Yield
6.2%
Before expenses & vacancy
Avg Monthly Income
$1,080
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Bellevue for a full cash-flow breakdown including all costs.
Bellevue, NE Rental Market FAQ
Common questions about renting and investing in Bellevue, NE.
What is the average rent in Bellevue, NE?
The average rent in Bellevue, NE is $1,080 per month as of 2026. One-bedroom apartments average $775/mo, two-bedrooms average $950/mo, and three-bedroom homes average $1,225/mo. Neighborhoods nearest Offutt AFB on the south side and established suburbs in the Papillion-La Vista School District corridor see the most consistent demand from military families.
Is Bellevue, NE a good place to invest in rental property?
Bellevue offers a 6.2% estimated gross annual yield with median home values near $210,000. Offutt AFB and USSTRATCOM's thousands of personnel — many at senior NCO and officer levels with significant BAH — provide reliable, high-quality rental demand that is insulated from private-sector economic cycles. The suburb's Omaha proximity and strong schools support low vacancy and above-average tenant quality.
How competitive is the Bellevue, NE rental market?
Bellevue has approximately 320 active listings and averages 31 days on market. Military PCS demand from Offutt AFB peaks in summer, and well-maintained 3- and 4-bedroom homes near the base typically receive multiple applications during this period. Investors who align their lease renewal cycles with the military calendar and price units to BAH tables for appropriate ranks can achieve very low long-term vacancy.
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