Omaha, NE Rental Market
Omaha is one of the most financially concentrated mid-size cities in the United States, home to Warren Buffett's Berkshire Hathaway, TD Ameritrade (now Schwab), Union Pacific Railroad's world headquarters, and Mutual of Omaha. This remarkable concentration of Fortune 500 corporate HQs drives a large and stable professional workforce that underpins consistent rental demand. Nebraska Medical Center and a growing technology sector — including PayPal's major operations campus — round out a resilient, diversified economy.
Get a rent estimate for an address in OmahaAverage Rent in Omaha, NE
$1,080
per month · 2026-06
Market Score
Key Facts — Omaha, NE Rental Market
- Average rent in Omaha, NE:$1,080/mo
- Median rent:$994/mo
- Rent range:$550 – $2,400/mo
- Most common rental (2 bedrooms):$950/mo
- Active listings:1,200
- Avg days to lease:30 days
- Year-over-year change:+3.2%
- Median home value:$215,000
- Est. gross annual yield:6.0%
- Data as of:2026-06
Rent by Bedroom in Omaha, NE
Average monthly rent for each bedroom type based on current active listings in Omaha.
| 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 |
Omaha Rental Market Statistics
Key indicators from the current Omaha, NE rental market.
1,200
Available now in Omaha
30
From list to lease
$0.85
Average across listings
1,275 sq ft
Typical rental size
$550 – $2,400
Min to max active listings
+3.2%
Avg rent vs. prior year
Investing in Omaha, NE Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$215,000
Typical purchase price in Omaha
Est. Gross Annual Yield
6.0%
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 Omaha for a full cash-flow breakdown including all costs.
Omaha, NE Rental Market FAQ
Common questions about renting and investing in Omaha, NE.
What is the average rent in Omaha, NE?
The average rent in Omaha, 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. The Dundee, Midtown Crossing, and Aksarben neighborhoods command premium rents, while west Omaha suburbs offer newer construction in the same price range. Omaha consistently ranks among the most affordable major metros in the country.
Is Omaha, NE a good place to invest in rental property?
Omaha offers a 6.0% estimated gross annual yield with steady 3.2% year-over-year rent growth. Berkshire Hathaway, Union Pacific, and TD Schwab generate large pools of professional-income tenants who value stability and maintain properties well. The University of Nebraska Medical Center drives healthcare sector demand, and PayPal's large operations campus adds a technology employment layer. Low median home values near $215,000 provide accessible entry points.
How competitive is the Omaha, NE rental market?
Omaha has approximately 1,200 active listings and averages 30 days on market — a competitive pace for the Nebraska metro. The Aksarben/Dundee/Midtown corridors attract young professionals and see the fastest absorption. Properties near the University of Nebraska Medical Center move consistently throughout the year. Omaha's broad, stable employment base means demand is distributed across the city rather than concentrated in a single employer's shadow.
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