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Iowa
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VACANCY
Apartment
The average Vacancy Rate was 6.2% in the Omaha metro
- Vacancy in the Omaha metro drifted upward by 40 basis points.
- The Omaha metro had the highest vacancy level since year-end 2009.
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.
Office
The average Vacancy Rate was 14.0% in the Omaha metro
- The Omaha metro had the lowest vacancy in the Midwest region, fifth lowest in the nation.
- Vacancy in the Omaha metro drifted downward by 10 basis points.
Retail
The average Vacancy Rate was 8.7% in the Omaha metro
- The Omaha metro had the lowest vacancy in the Midwest region, eighteenth lowest in the nation.
- No vacancy change since year-end 2024 in the Omaha metro.
- The Omaha metro had the lowest vacancy level since Q1 2017.
RENT
Apartment
The average Asking Rent was $1,165 in the Omaha metro
Distribution / Warehousing
The average Asking Rent was $7.27 in the Omaha metro
- Rent in the Omaha metro was up 0.8% from year-end 2024.
- Omaha metro had its fastest rent rate of increase in five quarters.
- Rent has risen in every quarter since Q2 2020 in the Omaha metro.
Office
The average Asking Rent was $19.81 in the Omaha metro
Retail
The average Asking Rent was $14.39 in the Omaha metro
- Rent in the Omaha metro was up 0.6% from year-end 2024.
- Omaha metro had its fastest rent rate of increase since year-end 2017.