Rental market snapshot for Omaha, Nebraska

Omaha, Nebraska Rental Property Market Overview

The average rent for an apartment in Omaha is $1,138. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 2.7% over the past year.

Omaha is the largest city in the state of Nebraska and is the county seat of Douglas County. Omaha is located in the Midwestern United States on the Missouri River, about 10 miles (15 km) north of the mouth of the Platte River. The city is the anchor of the Omaha-Council Bluffs metropolitan area, which includes Council Bluffs, Iowa, across the Missouri River from Omaha. According to the 2010 census, Omaha's population was 408,958, making it the nation's 42nd-largest city. According to the 2019 estimate, the Omaha-Council Bluffs metropolitan area was home to 933,316 people. Including its suburbs, Omaha formed the 60th-largest metropolitan area in the United States in 2019, with an estimated population of 1,268,391 residing in eight counties. There are nearly 1.3 million residents within a 50-mile (80-km) radius of the city's center, forming the Greater Omaha area. Omaha's pioneer period began in 1854 when the city was founded by speculators from neighboring Council Bluffs, Iowa. The city was founded along the Missouri River, and a crossing called Lone Tree Ferry earned the city its nickname, the "Gateway to the West." Omaha introduced this new West to the world when it played host to the Trans-Mississippi Exposition in 1898. During the 19th century, Omaha's central location in the United States spurred the city to become an important national transportation hub. Throughout the rest of the 19th century, the transportation and job-opportunity benefits of the city fueled a population boom. In the 20th century, the Omaha Stockyards, once the world's largest, and its meatpacking plants gained international prominence. Today, Omaha is the home to five Fortune 500 companies: ConAgra Foods, Union Pacific Corporation, Berkshire Hathaway, Kiewit Corporation, and Mutual of Omaha. Berkshire Hathaway is headed by local investor Warren Buffett, one of the richest people in the world, according to a 2018 estimate by Forbes magazine.

Last Updated December 23, 2022

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Average monthly rent graph in Omaha Nebraska | Cost of Living

  • The most expensive ZIP Code in Omaha is 68106 with an average price of $1,550
  • The cheapest ZIP Code in Omaha is 68134 with an average price of $750

Omaha ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
168106$1,550
268124$1,500
368136$1,408
468135$1,406
568130$1,405
668116$1,375
768102$1,211
868132$1,200
968104$1,195
1068131$1,185

Live near Omaha, Nebraska's Top Sights and Attractions

Gallagher Park is a public park located in Omaha, Nebraska. The park is home to a variety of amenities, including a playground, a basketball court, a picnic area, and a walking trail.

The Henry Doorly Zoo is a large zoo located in Omaha, Nebraska. The zoo has over 1,000 animals and is home to the world's largest indoor rainforest. The zoo also has an aquarium, a desert dome, and a butterfly pavilion.

Westwood Hgts Golf Course is a 9-hole course located in northwest Omaha. The course features rolling hills, mature trees, and a creek that runs through the property.

Zorinsky Lake Park is a 3,000-acre park that features a lake, hiking and biking trails, a playground, and a dog park.

Knolls Golf Course is an 18-hole, par 72 course located in northwest Omaha. The course features rolling hills, mature trees, and challenging elevation changes.

The park is located on a bluff overlooking the Missouri River and has a view of the Omaha skyline. The park has a playground, picnic tables, and a walking trail.

Roberts Park is a large park located on the outskirts of Omaha, Nebraska. The park features a large lake, walking trails, picnic areas, and a playground.

Tranquility Park is a small, serene park located in the heart of the city. The park features a beautiful fountain, a small pond, and a walking path. The perfect place to take a break from the hustle and bustle of the city, Tranquility Park is a great spot to relax and enjoy the peace and quiet.

Omaha, Nebraska area median rent change by ZIP Code map

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How does Omaha compare to other cities in Nebraska ?

citymedian price
Elkhorn$1,900
Elkhorn$1,807
Omaha$1,250
Omaha$1,130
Grand Island$745
Lincoln$1,040
La Vista$1,120

Average household income in Omaha area graph - US Census

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The median household income in Omaha in 2021 was $62,213. This represents a 32.4% change from 2011 when the median was $46,978.

#categorypercent
0Less than $10,0006.0%
1$10,000 to $14,9993.9%
2$15,000 to $19,9993.9%
3$20,000 to $24,9994.3%
4$25,000 to $29,9994.2%
5$30,000 to $34,9994.5%
6$35,000 to $39,9994.5%
7$40,000 to $44,9994.5%
8$45,000 to $49,9994.4%
9$50,000 to $59,9998.1%
10$60,000 to $74,99911.0%
11$75,000 to $99,99913.5%
12$100,000 to $124,9998.9%
13$125,000 to $149,9995.7%
14$150,000 to $199,9996.5%
15$200,000 or more6.4%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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