Find Homes & Apartments for Rent in Grand Island, NE

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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

As of March 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 10.0% ($124) higher than the Nebraska average of $1,236 and 23.9% ($428) lower than the U.S. average of $1,788.

Average Rent
$1,360
Monthly ChangeMonth Over Month Change
Increased2.3% ($30)
Yearly ChangeYear Over Year Change
Increased19.7% ($224)
Avg. Days on MarketAverage Days on Market
37
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,186 Increased0.4% ($5) Increased31.5% ($284)
2 Beds $1,522 Increased1.3% ($20) Increased44.1% ($466)
3 Beds $1,964 Increased3.6% ($69) Increased47.4% ($632)
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.

The average rent in Grand Island, NE is $1,360 per month.
Homes in Grand Island typically rent for between $830 and $2,553 per month, with an average of $1,360 per month.
In Grand Island, the average rent for a 1-bedroom home is $1,186 per month, for a 2-bedroom home, $1,522 per month, and a 3-bedroom home is $1,964 per month.
The average rent in Grand Island is 23.9% ($428) lower than the national average of $1,788 per month.
The average rent in Grand Island has increased by 2.3% ($30) in the last month and increased by 19.7% ($224) over the past year.
The rental market in Grand Island, NE, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
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.
There are currently 7 rental properties available in Grand Island, NE.
Based on the current averages, a household would need an annual income of $60,880 to comfortably afford a 2-bedroom home in Grand Island.
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