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In increase in rent for studio apartments, Omaha ranks up there with Hollywood

In increase in rent for studio apartments, Omaha ranks up there with Hollywood

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As the number of tiny apartments rises in the Omaha area, so has rent.

Indeed, a recent study by Rent.com shows Omaha as No. 3 — behind only Hollywood and North Hollywood — among cities with the largest percentage increase in studio rent prices since 2016.

The analysis reported that rent for studio-sized apartments in Omaha is, on average, about $898. That’s 37% higher than the $655 four years ago.

Here’s the four-year change for others in the Top 5: Studio rent prices, on average, reportedly went up 66% in Hollywood; 43% in North Hollywood; 30% in Harrison, New Jersey; and 26% in Tucson, Arizona.

Of course, actual rent in some of those cities far exceeded Omaha’s. Currently in Hollywood, for example, average studio rent was reported to be $2,762, and North Hollywood was not far behind. In Harrison, it was $2,153, and average studio rent in Tucson, according to Rent.com, was $580.

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