Average Rent in Omaha 2026
The average rent in Omaha, NE is $1,050 for a 1-bedroom, $1,300 for a 2-bedroom, and $1,650 for a 3-bedroom apartment in 2026. The cost of living in Omaha is 10% below the national average. To afford a 1-bedroom apartment here using the 30% rule, you need an annual income of at least $42,000.
Omaha Rent Prices by Bedroom
1 Bedroom
$1,050
per month
2 Bedrooms
$1,300
per month
3 Bedrooms
$1,650
per month
Cost of Living in Omaha
90
Cost of Living Index (100 = national average)
Omaha's cost of living index is 90, which is 10% below the national average. This index factors in housing, groceries, transportation, healthcare, and utilities. A higher number means you need more income to maintain the same standard of living compared to the national average.
Omaha at a Glance
Population
487K
Median Income
$60,802
COL Index
90
Rent Control
No
How Much Income Do You Need to Rent in Omaha?
The widely accepted guideline is to spend no more than 30% of your gross income on rent. Here is the minimum annual income you need to afford an apartment in Omaha by bedroom count:
1-Bedroom
$1,050/mo rent
$42,000/yr
2-Bedroom
$1,300/mo rent
$52,000/yr
3-Bedroom
$1,650/mo rent
$66,000/yr
Based on the 30% rule: monthly rent should not exceed 30% of gross monthly income.
How Much You Save with a Roommate in Omaha
Save $400/month
by splitting a 2-bedroom with a roommate
Solo 1BR
$1,050
per month
Split 2BR
$650
per person/month
Annual Savings
$4,800
per year
Instead of paying $1,050 for a 1-bedroom on your own, splitting a 2-bedroom ($1,300) with one roommate brings your share to $650. That is $4,800 per year you could put toward savings, investments, or paying down debt.
Rent Control in Omaha
Omaha, NE does not currently have rent control or rent stabilization laws. Landlords can raise rent by any amount at lease renewal, though they are typically required to provide advance notice (usually 30-60 days). If you are concerned about rent increases, consider negotiating a longer lease term for price stability.
Rent Calculators for Omaha Renters
Use these free calculators to plan your Omaha rental budget, split rent with roommates, and check if you qualify for an apartment.
Rent Affordability Calculator
Find out how much rent you can afford based on your income.
Fair Rent Split Calculator
Split rent fairly by room size, features, and income.
Rent-to-Income Calculator
Check if you meet the 3x rent rule landlords require.
Renter Budget Calculator
Build a 50/30/20 budget around your rent payment.
Frequently Asked Questions About Renting in Omaha
Is Omaha expensive to rent in?
Omaha is well below the national average for rents. A 1-bedroom averages $1,050 per month in 2026. Dundee and Blackstone are trendy and slightly pricier, while Papillion and La Vista offer suburban value.
How much income do you need to rent in Omaha?
Using the 30% rule, you need about $3,500 per month ($42,000 annually) to afford an average $1,050/month 1-bedroom apartment in Omaha.
How much can you save by splitting rent with a roommate in Omaha?
Splitting a 2-bedroom ($1,300/month) with one roommate brings your share to $650, saving $400 per month or $4,800 per year versus renting a 1-bedroom alone.
Planning to rent in Omaha?