Lee & Assosciates 2025 Q3 Omaha NE Multifamily

Market Overview

‍Omaha’s multifamily market showed steady momentum in Q3 2025 as renters continued to absorb new supply at a healthy pace. Average asking rent reached roughly $1,285 per unit, rising about 2.3 percent year over year, while occupancy held near 95 percent. New construction remained manageable with fewer than 750 units delivered year to date and a modest pipeline still underway, keeping fundamentals balanced and rent growth on a gradual upward track.

‍About Lee & Associates

‍Lee & Associates is a national commercial real estate firm offering brokerage, advisory and research services across major U.S. markets. Its Q3 2025 Omaha multifamily report highlights rent trends, occupancy performance, supply activity and development pipeline insights that help owners, operators and investors evaluate conditions and refine strategy. To read the full report, click here.