Last updated on June 16, 2026

Average rent in
Grand Island, NE

Key takeaways for renters

  • The bottom line

    Grand Island, NE rent slipped 3.7% year over year to a current median of $1,445/month. Renters are paying $73 less per month on average than last year, with a month-over-month increase of 11.6% suggesting recent upward movement after a trough in February 2026.

  • Grand Island is 25.9% more affordable than the $1,950/month national median, making it a lower-cost market for renters seeking value. The total rentals count is 50, indicating a small inventory size.

  • Price ranges

    Studio rents in Grand Island are $500/month, 1-bedrooms are $1,260/month, 2-bedrooms are $1,575/month, 3-bedrooms are $1,750/month, and 4+ bedrooms are $2,000/month. This range reflects the variety of options available across bedroom sizes.

  • Neighborhood spotlight

    Studio rents in Grand Island fell 51.8% year over year, a much steeper decline than the citywide 3.7% drop. This indicates a notable softening in the smallest unit segment compared to the broader market.

Median rent

Median rent in Grand Island

$1,445/mo

decreased by4%

vs previous year

The average rent in Grand Island is $1,445 per month as of June 2026. This is 26% below the national average rent, or $505 less per month.

$1.50

average price per square foot

Total rentals

Available rentals in Grand Island

50

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Grand Island rentals at each price point

55%41%28%14%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Grand Island, NE

Average rent prices in Grand Island have increased by 12% over the last month and have decreased by 4% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Grand Island, NE

Rent prices in Grand Island vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Grand Island is $1,375, whereas a house costs $1,700. 1-bedroom apartments in Grand Island run $1,270 on average, while 2-bedroom apartments are $1,575.

Listings

Studio

$500

38%

56%

1 bedroom

$1,260

8%

11%

2 bedroom

$1,575

2%

10%

3 bedroom

$1,750

No Change

3%

4 bedroom

$2,000

24%

-

Studio

Average rent

$500

Last 30 days

38%

Last year

56%

1 bedroom

Average rent

$1,260

Last 30 days

8%

Last year

11%

2 bedroom

Average rent

$1,575

Last 30 days

2%

Last year

10%

3 bedroom

Average rent

$1,750

Last 30 days

No Change

Last year

3%

4 bedroom

Average rent

$2,000

Last 30 days

24%

The table above reflects average rent prices in Grand Island, NE, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Grand Island, NE compare to other cities?

Compare median rent prices in Grand Island and Belleville by all bedroom counts and property types.

Grand Island

Median rent price$1,445
decreased by26%

lower than the national median

Median rent price$750
decreased by62%

lower than the national median

Takeaway

The median rent for all rentals in Grand Island, NE is 93% higher than the median rent in Belleville, KS.

Discover rentals in Grand Island, NE

376 N Elm - Photo 1 of 1

3d ago

7.3

Very good

376 N Elm

376 N Elm St, Grand Island, NE 68801

1 bed

1 bath

$600

Apartment for rent

The Residences at Liberty Campus 55+ - Photo 1 of 1
Age restricted

5d+ ago

8.5

Very good

Our team has verified this company

Verified

The Residences at Liberty Campus 55+

2414 W Capital Ave, Grand Island, NE 68803

1 bed

1 bath

$668

Apartment for rent

Available Apr 1

Call

Royal Prince - Photo 1 of 1

2d ago

8

Very good

Royal Prince

311 N Lincoln Ave, Grand Island, NE 68801

1–2 beds

1 bath

$845–$950

Apartment for rent

2112 W 4th St #3 - Photo 1 of 1

5d+ ago

Apartment for rent in Grand Island

2112 West 4th Street - 3

2112 W 4th St #3, Grand Island, NE 68803

2 beds

1 bath

$850

Apartment for rent

Available May 19

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Grand Island, NE

Quick answers to common questions about the Grand Island rental market.

How much is rent in Grand Island?

The average rent in Grand Island is $1,445 per month as of June 13, 2026.

Is rent up or down in Grand Island?

Average rent prices in Grand Island have increased by 12% over the last month and have decreased by 4% since last year.

How does Grand Island rent compare to the national average?

Rent in Grand Island is 26% below the national average, which means renters are paying approximately $505 less per month.

What salary do I need to afford rent in Grand Island?

To comfortably afford rent in Grand Island, you'd need to earn approximately $58,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Grand Island?

Grand Island's 2025 rental market shows one-bedroom apartments averaging around $1,300 per month, while two-bedroom units average around $1,600 per month. Two-bedroom apartments make up the largest share of available rentals at 51% of inventory, followed by one-bedroom units at 35%.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Grand Island