Rents are 3% below what Bellevue's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,341 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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Who lives here
Bellevue, NE is majority owner-occupied, 34.4% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Bellevue, NE has changed in 5 years
Across the past five years, the going rent in Bellevue, NE has shifted from $996 to $1,341, up 34.6% since 2021. Median household income climbed from $73,534 to $85,462 between 2021 and 2024, a 16.2% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Bellevue, NE adding about 1,622 residents over the five-year window, up 2.6% on net. The renter share has eased from 36.2% to 34.5%, with owner-occupied housing accounting for the remainder. Taken together, the five-year picture in Bellevue, NE reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
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Can you afford rent in Bellevue on your salary?
At $1,341/mo, how Bellevue rent compares to typical pay (30% rule).
Bellevue rent by bedroom count
Median rent for each apartment size in Bellevue. Click any size for full breakdown.
Tips for renters in Bellevue
Last updated: August 17, 2026
The median rent in Bellevue is $1,341/mo as of August 2026. A studio apartment averages $985/mo while a 2-bedroom runs $1,255/mo. One-bedroom apartments average $1,045/mo and 3-bedroom units go for $1,670/mo.
At 19% of local median household income ($85,462/yr), Bellevue ranks as affordable compared to the national benchmark of 30%. Rents have decreased 2.0% over the past year.
Frequently asked questions
Is Bellevue an affordable city for renters?
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Which Bellevue neighborhoods have the lowest rent?
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What percentage of Bellevue residents rent vs. own?
How does Bellevue rent compare to the national average?
At $1,341/mo, rent takes ~19% of Bellevue's median household income ($85,462/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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