Market Snapshot | Omaha Q2 2025

Market Overview

In Q2 2025, Omaha’s multifamily market remained strong. Average rent stood at $1,259, with occupancy holding at 95.2 percent. Net absorption for the first half reached 1,212 units, while year-over-year rent growth held firm at 3.3 percent, keeping Omaha among the top performers nationwide. Completions totaled 1,660 units in H1, and demand surged with 2,400 units absorbed over the trailing 12 months—well above the 10-year average.

About MMG

MMG Real Estate Advisors delivers multifamily market intelligence and capital strategy insights across key U.S. metros. Their quarterly reports combine rental trends, pipeline metrics, absorption, and occupancy data with local context to help investors, developers, and owners make informed, strategic decisions.