Deliveries are set to downshift sharply in 2026 after a 2025 completion surge: net deliveries are forecast to fall from roughly 4,500 units in 2025 to approximately 1,929 units in 2026, a 57% year-over-year decline.
Omaha’s rent outlook improves modestly off of 2025, with market effective rents forecast to grind modestly higher through 2026 as annual growth holds in the low-2% range.
Omaha’s stabilized occupancy softened through 2025 as new supply ramped, but the 2026 outlook suggests the market is approaching a floor, with demand expected to firm modestly.
