30 Cheap Apartments for rent in Omaha, NE

Last updated January 17 at 3:11am UTC
3024 S 107th Ave
Oakdale
Omaha, NE
Updated January 14 at 2:02am UTC
2 Bedrooms
$695
1811 Missouri Ave.
CPL
Omaha, NE
Updated January 4 at 12:00pm UTC
2 Bedrooms
$725
3816 N 109th Plaza
Omaha
Omaha, NE
Updated January 16 at 7:15pm UTC
2 Bedrooms
$699
1410 N 45th St
Dundee
Omaha, NE
Updated January 17 at 2:14am UTC
2 Bedrooms
$700
N 48th St
Dundee
Omaha, NE
Updated January 3 at 8:40am UTC
2 Bedrooms
$700
1112 Park Ave
Field Club
Omaha, NE
Updated January 14 at 1:57am UTC
1 Bedroom
$725
Blondo St
Benson
Omaha, NE
Updated January 3 at 8:40am UTC
Studio
$575
Blondo St
Benson
Omaha, NE
Updated January 3 at 8:40am UTC
Studio
$575
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January 2018 Omaha Rent Report

Welcome to the January 2018 Omaha Rent Report. Omaha rents declined over the past month. In this report, we'll evaluate trends in the Omaha rental market, including comparisons to similar cities nationwide.

View full Omaha Rent Report
Rent Report
Omaha

January 2018 Omaha Rent Report

Welcome to the January 2018 Omaha Rent Report. Omaha rents declined over the past month. In this report, we'll evaluate trends in the Omaha rental market, including comparisons to similar cities nationwide.

Omaha rents declined slightly over the past month

Omaha rents have declined 0.2% over the past month, but are up slightly by 1.0% in comparison to the same time last year. Currently, median rents in Omaha stand at $740 for a one-bedroom apartment and $930 for a two-bedroom. This is the fourth straight month that the city has seen rent decreases after an increase in August. Omaha's year-over-year rent growth lags the state average of 1.1%, as well as the national average of 2.8%.

Omaha rents more affordable than many large cities nationwide

As rents have increased slightly in Omaha, a few large cities nationwide have also seen rents grow modestly. Omaha is still more affordable than most large cities across the country.

  • Omaha's median two-bedroom rent of $930 is below the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 1.0% rise in Omaha.
  • While Omaha's rents rose slightly over the past year, many cities nationwide also saw increases, including Phoenix (+3.8%), Seattle (+3.0%), and Dallas (+2.2%).
  • Renters will find more reasonable prices in Omaha than most large cities. For example, San Francisco has a median 2BR rent of $3,010, which is more than three times the price in Omaha.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.