Insights
Iowa
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VACANCY
Distribution / Warehousing
Average Vacancy Rate 7.2%
- Declined by 80 basis points.
- Expected to finish 2019 at.
RENT
Distribution / Warehousing
Average Asking Rent $4.60
- Up 0.4% from year-end 2018.
- Has risen for six consecutive quarters.
- Expected to finish 2019 at.
VACANCY
Apartment
The average Vacancy Rate was 5.6% in the Omaha metro
- Vacancy in the Omaha metro drifted upward by 40 basis points.
- The Omaha metro had the highest vacancy level since Q2 2021.
- Vacancy is expected to finish 2024 at 5.6% in the Omaha metro.
Distribution / Warehousing
The average Vacancy Rate was 5.0% in the Omaha metro
- Vacancy in the Omaha metro drifted upward by 10 basis points.
- The Omaha metro had the highest vacancy level since Q2 2022.
- Vacancy is expected to finish 2024 at 4.8% in the Omaha metro.
Office
The average Vacancy Rate was 15.1% in the Omaha metro
- The Omaha metro had the lowest vacancy in the Midwest region, seventh lowest in the nation.
- Vacancy in the Omaha metro increased by 70 basis points.
- The Omaha metro had the highest vacancy level since year-end 2021.
Retail
The average Vacancy Rate was 9.6% in the Omaha metro
- The Omaha metro had the lowest vacancy in the Midwest region, twenty-sixth lowest in the nation.
- No vacancy change since Q1 2024 in the Omaha metro.
- The Omaha metro had the lowest vacancy level since Q1 2019.
RENT
Apartment
The average Asking Rent was $1,153 in the Omaha metro
- Rent in the Omaha metro was up 1.1% from Q1 2024.
- Omaha metro had its fastest rent rate of increase in four quarters.
- Rent is expected to finish 2024 at $1,166 in the Omaha metro.
Distribution / Warehousing
The average Asking Rent was $7.12 in the Omaha metro
- Rent in the Omaha metro was up 0.3% from Q1 2024.
- Rent has risen in every quarter since Q2 2020 in the Omaha metro.
- Rent is expected to finish 2024 at $7.23 in the Omaha metro.
Office
The average Asking Rent was $19.72 in the Omaha metro
- Rent in the Omaha metro was up 0.2% from Q1 2024.
- Rent Has risen for eleven consecutive quarters in the Omaha metro.
- Rent is expected to finish 2024 at $19.81 in the Omaha metro.
Retail
The average Asking Rent was $14.23 in the Omaha metro
- Rent in the Omaha metro was up 0.2% from Q1 2024.
- Rent is expected to finish 2024 at $14.31 in the Omaha metro.