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Nebraska
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VACANCY
Apartment
The average Vacancy Rate was 5.7% in the Omaha metro
- No vacancy change since Q2 2024 in the Omaha metro.
- The Omaha metro had the highest vacancy level since Q2 2021.
- Vacancy is expected to finish 2024 at 5.8% in the Omaha metro.
Distribution / Warehousing
The average Vacancy Rate was 5.0% in the Omaha metro
- No vacancy change since Q2 2024 in the Omaha metro.
- 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 14.1% in the Omaha metro
- The Omaha metro had the lowest vacancy in the Midwest region, fourth lowest in the nation.
- Vacancy in the Omaha metro declined by 100 basis points.
- Vacancy is expected to finish 2024 at 14.7% in the Omaha metro.
Retail
The average Vacancy Rate was 9.0% in the Omaha metro
- The Omaha metro had the lowest vacancy in the Midwest region, twenty-second lowest in the nation.
- Vacancy in the Omaha metro declined by 60 basis points.
- The Omaha metro had the lowest vacancy level since Q1 2017.
RENT
Apartment
The average Asking Rent was $1,163 in the Omaha metro
- Rent in the Omaha metro was up 0.9% from Q2 2024.
- Rent is expected to finish 2024 at $1,172 in the Omaha metro.
Distribution / Warehousing
The average Asking Rent was $7.18 in the Omaha metro
- Rent in the Omaha metro was up 0.8% from Q2 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 $19.80 in the Omaha metro
- Rent in the Omaha metro was up 0.2% from Q2 2024.
- Rent has risen in every quarter for the past three years in the Omaha metro.
- Rent is expected to finish 2024 at $19.88 in the Omaha metro.
Retail
The average Asking Rent was $14.24 in the Omaha metro
- Rent in the Omaha metro was up 0.1% from Q2 2024.
- Rent is expected to finish 2024 at $14.27 in the Omaha metro.