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

As of July 2025, Grand Island's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Grand Island's average rent is 13.9% ($171) higher than the Nebraska average of $1,227 and 21.2% ($377) lower than the U.S. average of $1,775.

Average Rent

$1,398

Monthly ChangeMonth Over Month Change

0.6% ($9)

Yearly ChangeYear Over Year Change

20.8% ($241)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,343	0.4% ($6)	28.1% ($295)
2 Beds	$1,658	1.3% ($21)	35.1% ($431)
3 Beds	$2,129	1.1% ($24)	37.5% ($581)

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Grand Island Rental Market FAQs

Explore rental prices, market trends, and availability in Grand Island, NE.

What is the average rent in Grand Island, NE?

The average rent in Grand Island, NE is $1,398 per month.

What is the rental price range for houses in Grand Island, NE?

Houses in Grand Island typically rent for between $940 and $2,768 per month, with an average of $1,398 per month.

What is the average rent for different bedroom sizes in Grand Island, NE?

In Grand Island, the average rent for a 1-bedroom house is $1,343 per month, for a 2-bedroom house, $1,658 per month, and a 3-bedroom house is $2,129 per month.

How do rent prices in Grand Island, NE compare with the national average?

The average rent in Grand Island is 21.2% ($377) lower than the national average of $1,775 per month.

How have rent prices in Grand Island, NE changed recently?

The average rent in Grand Island has increased by 0.6% ($9) in the last month and increased by 20.8% ($241) over the past year.

How competitive is the rental market in Grand Island, NE?

The rental market in Grand Island, NE, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Grand Island, NE?

In Grand Island, NE, the average rental stays on the market for approximately 37 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Grand Island, NE?

There are currently 12 rental properties available in Grand Island, NE.

Can I afford to rent a house in Grand Island, NE?

Based on the current averages, a household would need an annual income of $66,320 to comfortably afford a 2-bedroom house in Grand Island.