How many apartments are available in Fairacres on Rentable.co?

Rentable.co has over 128 apartments available near Fairacres.

What is the average rent for a studio apartment in Fairacres?

The average rent for a studio apartment near Fairacres is around $1,256 per month.

What is the average rent for a one-bedroom apartment in Fairacres?

The average rent for a one-bedroom apartment near Fairacres is around $872 per month.

What is the average rent for a two-bedroom apartment in Fairacres?

The average rent for a two-bedroom apartment near Fairacres is around $1,220 per month.

How many apartments are available in Omaha, NE on Rentable.co?

Rentable.co has over 24,564 apartments available in Omaha.

What is the average rent for a studio apartment in Omaha, NE?

The average rent for a <a href='/omaha-ne/studio-apartments-for-rent' >studio apartment</a> in Omaha is around $920 per month.

What is the average rent for a one-bedroom apartment in Omaha, NE?

The average rent for a <a href='/omaha-ne/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> in Omaha is around $950 per month.

What is the average rent for a two-bedroom apartment in Omaha, NE?

The average rent for a <a href='/omaha-ne/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in Omaha is around $1,300 per month.

How expensive is it to rent an apartment in Omaha, NE?

For a two-bedroom apartment in Omaha, the average rent price is $1,300 per month, which is lower than the national average of $1,600 per month.

Can I afford an apartment for rent in Omaha, NE?

Based on average rent prices in Omaha, to afford a <a href='/omaha-ne/studio-apartments-for-rent' >studio apartment</a> you would need an annual household income of $37,000 to live comfortably.

Apartments in Fairacres Omaha

Omaha:
November Rent Report

Welcome to the November 2024 Omaha Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Omaha rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Omaha and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Omaha average rent prices in the chart below.

Monthly Rent Report

$1,400

$1,050

$700

$350

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

1 BR 2 BR

Omaha Rent Prices Increase From October to November

Omaha rent prices increased over the last month. From October to November, the city experienced a 1.38% increase for the price of a one-bedroom apartment. The rent price for a Omaha one-bedroom apartments currently stands at $954.0.

When we take a look at the two-bedroom comparison from October to November, Omaha experienced a 2.14% increase for the price of a two-bedroom apartment. The rent price for a Omaha two-bedroom apartments currently stands at $1,336.0.

November Prices: Omaha vs. Surrounding Areas

Papillion, NE

Elkhorn, NE

La Vista, NE

Bellevue, NE

Fremont, NE

Council Bluffs, IA

Omaha, NE

$1,382

$1,264

$1,050

$1,035

$988

$943

$941

$450

$900

$1,350

$1,800

Median 1 BR Rent

Rent Prices in Omaha and Surrounding Areas

Rent prices have increased in Omaha over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Omaha suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rent increased in Elkhorn, NE, Council Bluffs, IA, Papillion, NE .
Rent decreased in Bellevue, NE, La Vista, NE, Fremont, NE.
5 suburbs are currently priced higher than the city of Omaha.
1 suburb is currently priced lower than the city of Omaha.

November 2024 Pricing Trends: Omaha vs. National Comparisons

New York, NY

San Francisco, CA

Los Angeles, CA

Washington, DC

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

Omaha, NE

$4,211

$3,115

$2,373

$2,354

$1,903

$1,338

$1,246

$1,202

$941

$1,400

$2,800

$4,200

$5,600

Median Rent

Omaha Rent Prices More Affordable Than Major Cities

Rent growth in Omaha over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Omaha average rent prices appear to be relatively affordable for local residents.

The price for a Omaha one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Omaha and surrounding area rent prices, take a look at the complete data set below.

Data set for Omaha and suburbs

	1 BR November	1 BR M/M % Change	2 BR November	2 BR M/M % Change
Omaha, NE	$941.0	2.84%	$1,308.0	3.32%
Bellevue, NE	$1,035.0	-0.19%	$1,262.0	6.77%
Elkhorn, NE	$1,264.0	2.10%	$1,490.0	0.81%
Council Bluffs, IA	$943.0	9.65%	$1,000.0	0.81%
La Vista, NE	$1,050.0	-1.41%	$1,273.0	-2.45%
Fremont, NE	$988.0	-4.17%	$1,347.0	-3.51%
Papillion, NE	$1,382.0	0.29%	$1,744.0	-0.91%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.