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Homes & Apartments for Rent in Grand Island, NE 68801

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What to Know About

Life in Grand Island & Beyond

Grand Island shares many of the great qualities that make Nebraska a desirable place to live.

Nebraska is renowned for its rolling prairies, flat grasslands, and warm hospitality. Get ready to step back and explore the state's rich heritage by visiting the state's Historical Society Museum, the Chimney Rock National Historic Site, the Scott's Bluff National Monument, and the Fort Robinson State Park. Major universities in Nebraska include the University of Nebraska-Lincoln, the University of Nebraska at Omaha, and Nebraska Wesleyan University, providing a wealth of academic opportunities.

Explore famous attractions like the Henry Doorly Zoo and Aquarium, the Pioneer Village, and the Strategic Air and Space Museum, each offering a unique experience. In addition, the state provides a wide range of outdoor recreation opportunities, from hiking and fishing in the summer to snow sports in the winter, offering something for everyone. Industries like agriculture, manufacturing, and technology drive Nebraska's economy, making it a hub of opportunity.

With its natural beauty, warm hospitality, strong economy, and cultural offerings, Nebraska is a great place to live for those who enjoy outdoor recreation, a unique Midwestern experience, and a unique blend of opportunities.

Rental Market Trends

Grand Island, NE

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As of November 2026, Grand Island's rental market is stable, with rentals spending about 34 days on the market, about the same as in Nebraska (33), and rents up 6.5% over the past year. Grand Island's average rent is 16.0% ($208) higher than the Nebraska average of $1,301 and 25.9% ($527) lower than the U.S. average of $2,036.

Average Rent
$1,509
Monthly ChangeMonth Over Month Change
Decreased0.32% ($5)
Yearly ChangeYear Over Year Change
Increased6.5% ($93)
Days on Market
34
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,375 Decreased0.37% ($5) Increased2.4% ($33)
2 Beds $1,544 Decreased0.54% ($8) Increased3.3% ($49)
3 Beds $1,686 Decreased0.07% ($1) Decreased0.3% ($6)
Nearby Cities Average Rent Avg. Rent vs. Grand IslandAverage Rent vs. Grand Island Days on Market
Dannebrog $1,460 Decreased3.2% ($49) 41 days
Aurora $1,337 Decreased11.4% ($172) 33 days
Based on rentals advertised on RentalSource in and around Grand Island.
Frequently Asked Questions
Grand Island Rental Market FAQs

Explore rental prices, market conditions, and affordability in Grand Island, NE.

The average rent in Grand Island, NE is $1,509 per month.
In Grand Island, the average rent is $1,375 per month for a 1-bedroom home, $1,544 for a 2-bedroom home and about $1,686 for a 3-bedroom home.
The average rent in Grand Island is 25.9% ($527) lower than the national average of $2,036 per month.
The rental market in Grand Island, NE is currently stable, with rentals spending about 34 days on the market, about the same as in Nebraska (33), and rents up 6.5% over the past year.
Based on the current averages, a household would need an annual income of $61,800 to comfortably afford a 2-bedroom home in Grand Island.
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