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Nebraska
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VACANCY
Apartment
The average Vacancy Rate was 4.8% in the Omaha metro
- Vacancy in the Omaha metro drifted upward by 20 basis points.
- Vacancy is expected to finish 2022 at 4.8% in the Omaha metro.
Distribution / Warehousing
The average Vacancy Rate was 6.6% in the Omaha metro
- Vacancy in the Omaha metro drifted upward by 10 basis points.
- Vacancy is expected to finish 2022 at 6.4% in the Omaha metro.
Office
The average Vacancy Rate was 15.0% in the Omaha metro
- The Omaha metro had the lowest vacancy in the nation.
- Vacancy in the Omaha metro declined by 80 basis points.
- The Omaha metro had the lowest vacancy level since Q3 2019.
Retail
The average Vacancy Rate was 10.6% in the Omaha metro
- The Omaha metro had the tenth lowest vacancy in the nation and the eleventh lowest in the Midwest.
- No vacancy change since year-end 2021 in the Omaha metro.
- Vacancy is expected to finish 2022 at 10.3% in the Omaha metro.
RENT
Apartment
The average Asking Rent was $1,080 in the Omaha metro
- Rent in the Omaha metro was up 0.6% from year-end 2021.
- Rent is expected to finish 2022 at $1,117 in the Omaha metro.
Distribution / Warehousing
The average Asking Rent was $6.31 in the Omaha metro
- Rent in the Omaha metro was up 1.1% from year-end 2021.
- Rent Has risen for seven consecutive quarters in the Omaha metro.
- Rent is expected to finish 2022 at $6.48 in the Omaha metro.
Office
The average Asking Rent was $19.10 in the Omaha metro
- Rent in the Omaha metro was up 0.6% from year-end 2021.
- Rent is expected to finish 2022 at $19.07 in the Omaha metro.
Retail
The average Asking Rent was $14.05 in the Omaha metro
- Rent in the Omaha metro was up 0.3% from year-end 2021.
- Rent is expected to finish 2022 at $14.10 in the Omaha metro.