Rents are 6% 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 $1,401 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: October 17, 2026
What the numbers show
January. Asking rents in Bellevue usually run 1.3% below trend in January and 1.3% above it in July, about $36 a month apart at today's median. Based on 11 years of data.
Rent in Bellevue is 2.2% below its high of $1,432 in April 2026, at $1,401 as of September 2026.
Rent in Bellevue changed -1.1% over the year to September 2026. Across the 11 Nebraska cities Zillow tracks, the typical change was +2.2%.
From 2019 to 2024, rent in Bellevue rose 39.4% while median household income rose 30.9% ($65,308 to $85,462). Rent outpaced income.
Rent in Bellevue is 37.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 6 of the last 12 months.
30% of the median household income ($85,462) is $2,137 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,855).
From Zillow's monthly rent index (ZORI) for Bellevue. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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 $1,057 to $1,401, up 32.5% 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 $1,401/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: October 17, 2026
The median rent in Bellevue is $1,401/mo as of October 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 20% of local median household income ($85,462/yr), Bellevue ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.1% over the past year.
Frequently asked questions
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Which nearby cities are cheaper to rent in than Bellevue?
At $1,401/mo, rent takes ~20% 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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