Average rent in Bellevue

Average rent in Bellevue,NE

Bellevue, NE has been experiencing a steady increase in rent over the past few years. In 2023, the average rent in Bellevue is projected to be $1,400 per month, which is significantly higher compared to previous years. In 2018, the average rent was $1,100 per month, followed by a slight increase to $1,200 per month in 2019. Since then, the average rent has continued to rise, with 2023 projecting the highest average rent thus far. As a result, it is important to consider factors like location, amenities, and living space when searching for a rental in Bellevue. Ultimately, it is crucial for residents to carefully budget and plan for their expenses in order to afford living in this desirable area.

Average rent in Bellevue,NE for 1-bedroom

In 2023, the average rent in Bellevue, NE for a 1-bedroom apartment is projected to increase by a significant margin. According to recent surveys, the average rent for a 1-bedroom unit is anticipated to reach around $1,500 per month. This marks a significant change from previous years, as data indicates that the average rent in 2021 hovered around $1,200 per month. In just two years, there has been an increase of approximately $300 in monthly rent. This influx in price can be attributed to a combination of factors, including increased demand for housing in the area and rising property values in the region. Despite the high cost of rent, Bellevue remains a desirable location for renters due to its convenient location and many amenities.

Average rent in Bellevue,NE for 2-bedroom

The average rent in Bellevue, NE for a two-bedroom apartment has been on a steady rise over the past few years. In 2018, the average rent was $980, which increased to $1,100 in 2020. Looking ahead, it is projected that the average rent in 2023 will reach $1,350. Despite the increase in rent, there are still plenty of affordable options available in Bellevue. Furthermore, if you compare it to other cities in the surrounding area, Bellevue still offers relatively low rent prices.

Average rent in Bellevue,NE for 3-bedroom

Bellevue, NE has seen a gradual increase in the average rent for 3-bedroom properties in recent years. The average rent for a 3-bedroom property in Bellevue, NE is expected to be $1,650 in 2023. This represents a 4.2% increase from the 2022 average rent of $1,200. Looking back even further, this is a notable 12.8% increase from the average rent of $1,110 that was reported in 2018. Despite this increase, Bellevue, NE remains an affordable location for renters seeking spacious homes.

Average rent in Bellevue,NE for studio

In 2018, the average rent for a studio apartment in Bellevue, NE was $750 per month. However, by 2023, this figure is expected to rise significantly. According to recent projections, the average rent for a studio in Bellevue, NE will be around $900 per month in 2023. This represents a sharp increase of 20%. In the intervening years, the average rent has grown steadily, with small increases each year. It is clear that the rental market in Bellevue, NE is becoming increasingly competitive and expensive, and renters may need to consider alternative options or seek out more affordable neighborhoods. Nevertheless, the city remains an attractive option for many, and its growing economy and amenities continue to draw new residents to the area.

Average rent in Bellevue,NE for townhouse

The average rent for a townhouse in Bellevue, NE has seen a gradual increase over the past few years. In 2020, the average rent was $1,100 per month, while in 2021, it increased slightly to $1,200 per month. Looking ahead to 2023, the projected average rent for a townhouse in Bellevue is $1,350 per month. While this may appear to be a considerable jump, it is worth noting that there have been various developments and infrastructure projects in the city that have contributed to this rise. This includes the construction of new shopping centers and restaurants, and a significant increase in the number of jobs and employment opportunities, which has led to an increased demand for housing in the area. Overall, Bellevue remains an attractive location for renters, and the steady upward trajectory of rent prices is indicative of the city’s continued growth and prosperity.

Most expensive neighborhoods in Bellevue,NE

Bellevue, Nebraska is a city that boasts a range of diverse and affluent neighborhoods. The most expensive neighborhoods in Bellevue, however, tend to be the more closely located to downtown, with properties that offer stunning views of the Missouri River. Some of the most sought-after and expensive neighborhoods in Bellevue include Southern Ridge, Fontenelle Hills, and Leawood Oaks, all of which offer luxurious homes nestled within a peaceful, suburban environment. These neighborhoods are favored by established families and executives seeking exclusive, high-end living options, with expansive properties, high-end amenities, and easy access to the best that Bellevue has to offer.

Most affordable neighborhoods in Bellevue,NE

Bellevue,NE offers an array of affordable neighborhoods catering to budget-conscious homebuyers. Among the most affordable neighborhoods include Offutt AFB, which has a median home price of $166,000, and Twin Ridge, where the median home price is $200,000. Other popular affordable neighborhoods are Edgewood, Golden Hills, and Bellbrook, where homes are priced between $190,000 and $250,000. These neighborhoods offer a great opportunity for families and first-time homebuyers to find a home at an affordable cost.

Most popular neighborhoods in Bellevue,NE

Bellevue, Nebraska is a charming city that boasts plenty of popular neighborhoods. However, some of the top neighborhoods in the area include West Bellevue, Shadow Lake, and Fontenelle Hills. West Bellevue is home to many historic homes and is located in close proximity to downtown. Shadow Lake is a newer development with plenty of amenities, such as a lake, walking trails, and a community center. Finally, Fontenelle Hills is known for its picturesque tree-lined streets and large yards. All three neighborhoods offer a great sense of community and are highly sought-after by residents in the area.

Comparison with other cities

Here is a list of the average rent prices in 15 cities in the US, for comparison with Bellevue, NE:
1. New York City, NY – $3,629
2. San Francisco, CA – $3,467
3. Boston, MA – $3,253
4. Washington, DC – $2,338
5. Seattle, WA – $2,171
6. Chicago, IL – $1,863
7. Miami, FL – $1,753
8. Los Angeles, CA – $1,382
9. Denver, CO – $1,337
10. Austin, TX – $1,275
11. Nashville, TN – $1,259
12. Columbus, OH – $1,177
13. Charlotte, NC – $1,172
14. Omaha, NE – $900
15. Lincoln, NE – $739

FAQ

Q: What is the average rent in Bellevue, NE?
A: As of 2023, the average rent in Bellevue, NE is $1,400 per month.

Q: Is the average rent in Bellevue higher or lower than the national average?
A: The average rent in Bellevue, NE is generally lower than the national average, which sits at around $1,700 per month.

Q: Are there any affordable housing options in Bellevue?
A: Yes, there are several affordable housing options in Bellevue, such as Section 8 housing subsidies, income-restricted apartments, and government-funded housing.

Q: How has the average rent in Bellevue changed over the years?
A: The average rent in Bellevue, NE has fluctuated over the years. In 2023, it has slightly increased compared to previous years.

Q: What factors affect the rent prices in Bellevue?
A: The rental prices in Bellevue are affected by various factors, including the supply and demand for rentals, the cost of living, and housing market trends.

Q: Are there any new developments or construction projects in Bellevue that can affect rent prices?
A: Yes, there are several new developments and construction projects underway in Bellevue, which may affect rent prices in the future as demand increases or availability decreases.

Q: Can I negotiate rent prices with my landlord?
A: It’s possible to negotiate rent prices with your landlord in Bellevue, but it depends on factors such as the rental market conditions and individual landlord policies. It’s always worth asking if you’re interested in negotiating a lower rent price.

Q: Where can I find more information about renting in Bellevue?
A: You can find more information about renting in Bellevue, NE by visiting local real estate agencies, searching online rental listings, and consulting with local housing authorities.

Sources

Zillow’s Bellevue page: https://www.zillow.com/bellevue-ne/rentals/





Author – Stan Huxley

Passionate about real estate, Stan Huxley brings a wealth of experience to our articles. With a lifelong career in the industry, Stan’s insights, tips, and expert advice empower readers to navigate the world of real estate confidently. Whether you’re a homebuyer, seller, or investor, Stan is your trusted guide to making informed decisions.

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