Rent in Nebraska
The median 2-bedroom Fair Market Rent in Nebraska is $1,141/mo, ranking #36 out of 51 states for highest rent. This is $109 below the national median of $1,250/mo. Nebraska has a population of 2.0M. About 33.5% of households rent their homes. Fair Market Rent data covers 8 areas across the state.
Highlights
All 8 Areas in Nebraska
| Area | Studio | 1BR | 2BR | 3BR | Burden | YoY |
|---|---|---|---|---|---|---|
| Omaha-Council Bluffs Pop. 973K | $1,090 | $1,148 | $1,368 | $1,813 | 19.8% | +16.9% |
| Hall County Pop. 62K | $867 | $978 | $1,215 | $1,530 | 21.6% | +23.2% |
| Sioux City Pop. 144K | $796 | $925 | $1,154 | $1,386 | 19.2% | +14.3% |
| Lincoln Pop. 341K | $855 | $926 | $1,141 | $1,587 | 18.7% | +6.9% |
| Saunders County Pop. 23K | $870 | $956 | $1,089 | $1,432 | 14.6% | +17.7% |
| Howard County Pop. 6.5K | $752 | $910 | $1,049 | $1,258 | 16.9% | +20.3% |
| Seward County Pop. 18K | $730 | $756 | $967 | $1,345 | 14.3% | +6.3% |
| Merrick County Pop. 7.7K | $689 | $732 | $961 | $1,323 | 18.3% | +10.2% |
Frequently Asked Questions
The median 2-bedroom Fair Market Rent across Nebraska is $1,141 per month. Rents range from $961/mo in Merrick County to $1,368/mo in Omaha-Council Bluffs. The actual median gross rent statewide is $1,035/mo according to Census data.
Nebraska ranks #36 out of 51 states for highest median Fair Market Rent. The state median 2BR FMR of $1,141/mo is $109 below the national median of $1,250/mo.
The average rent burden across Nebraska is 17.9%, meaning a typical household would spend 17.9% of income on a 2-bedroom at Fair Market Rent. No areas exceed HUD's 30% cost-burden threshold. The statewide median household income is $74,985.
The most affordable area in Nebraska is Merrick County with a 2-bedroom Fair Market Rent of $961/mo. The median household income there is $62,849.
The most expensive area in Nebraska is Omaha-Council Bluffs with a 2-bedroom Fair Market Rent of $1,368/mo. The median household income there is $83,023.
Fair Market Rents represent the 40th percentile of gross rents for standard-quality rental units. State-level income and demographic data comes from the Census Bureau ACS 5-Year estimates. Rent burden is calculated as annual 2BR FMR divided by area median household income.