‍Omaha’s Rent Surge: The Data and Trends 

Omaha’s rental prices continue to rise, driven by strong demand, low vacancy rates, and a growing local economy. With rents up in 2024 and projected to increase further in 2025, find out what’s fueling this trend and what it means for investors and renters alike.

Omaha Rent on the Rise

Rent growth in Omaha has been steady over the past decade, reinforcing its stability as a rental market. In 2015, the average rent for a two-bedroom home was approximately $950. By 2024, that figure had increased to $1,371, representing a 44% rise over ten years.

Recent data for Omaha:

  • 2024 Average Rents (Rentometer Data)
    • Two-bedroom: $1,371 (Up 2.3% from 2023)
    • Three-bedroom: $1,883 (Up 3% from 2023)
  • 2023 Average Rent (Estimate): $1,500
  • 2025 Projection: A 2-4% increase in single-family rents

Nationally, CoreLogic’s Single-Family Rent Index recorded a 1.7% growth by October 2024, but Omaha has exceeded this due to its affordability and limited housing supply.

Vacancy Rates & Limited Supply: Omaha’s rental market remains tight, with only 1619 homes as of January 2025 (Rocket Homes). A low vacancy rate means renters are competing for limited properties, which is expected to drive rent prices higher into 2025.

Why Omaha’s Rental Market May Stay Strong in 2025

Several factors continue to make Omaha an attractive rental market:

  • Low Unemployment: At 2.3%, Omaha's unemployment rate is well below the U.S. average of 4%.
  • New Developments: Expansion in West Omaha is drawing in more residents.
  • High Mortgage Rates: With rates near 7% in 2024, many prospective buyers are opting to rent.
  • Affordable Home Prices: The median home price of $282,256 is significantly lower than in many coastal metros.

With mortgage rates remaining high, many families and young professionals will likely continue renting instead of buying. This sustained demand, combined with Omaha’s strong job market, could keep rental prices rising through 2025.

Realbricks: A New Way to Invest in Omaha’s Rental Growth

With Omaha’s rental market heating up, investors are looking for ways to capitalize on rising rents without the burdens of property ownership. Realbricks allows investors to buy shares of rental homes starting at just $100, making real estate investment more accessible.

How it works:

  • Buy shares in debt-free, fully managed single-family rentals at $10 per share.
  • Earn quarterly dividends, estimated at 5-7% annually (subject to market conditions) (Q4 2024 Realbricks paid a 2.25% dividend payout with a 9% annual yield).
  • Benefit from rental income and property appreciation without landlord responsibilities.

Future Outlook: Where is Omaha’s Rental Market Headed?

According to MMG Real Estate Advisors' 2025 Omaha Forecast, the average effective rent in Omaha is projected to increase by 3.4% in 2025, rising from $1,213 in Q4 2024 to $1,254 in Q4 2025. Several factors could influence rent prices beyond 2025:

  • Mortgage Rates: If rates decline, some renters may transition to homeownership, slowing rent growth.
  • New Housing Developments: While Omaha continues to expand, new construction takes time, meaning tight supply will persist in the short term.
  • Job Market Stability: Major employers such as Berkshire Hathaway and Union Pacific provide job security, driving consistent demand for rental properties.

Omaha remains a compelling market for both renters and investors, with steady rent growth projected in the coming years. To learn more about why Realbricks chose Omaha for the initial offerings featured on the marketplace, you read this detailed article here.

Feature Traditional Rental REITs Realbricks
Minimum Investment $50K+ (on average) $500+ $100
Management You Fund Realbricks
Returns Rent + property value Variable Estimated 5-7%
Control Full None Choose properties

Catch the 2025 Rental Wave—Start Investing Today

With Omaha’s rental prices expected to increase 2-4% in 2025, now is the time to enter the market. Fractional investing with Realbricks allows you to participate in Omaha’s rental growth for just $100, without the complexities of full property ownership.

Get started with Realbricks in just 5 minutes.

Disclaimer: Investing in real estate involves risks, including the potential loss of capital. This content is for informational purposes only and is not intended as investment advice. Investors should perform their own research and consult with financial professionals before making investment decisions.