Grand Island, NE Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in Grand Island, NE
The median asking rent in Grand Island, NE is $1,650 as of July 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $192,125, that rent level prices Grand Island, NE at a 9.26% gross rental yield — compared with 9.12% across Nebraska.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Grand Island, NE rent and rental yield comparison
The current Grand Island, NE baseline is $1,650 median asking rent and 9.26% gross rental yield. Compare rent, yield, and home values with selected Nebraska metros, then open a public report or Rental Insights for property-level follow-up.
Omaha, NE-IA
Omaha, NE-IA median asking rent is $2,000, $350 (21.2%) higher than the $1,650 median asking rent in Grand Island, NE.
- Median rent
- $2,000
- Gross yield
- 9.22%
- Avg home value
- $264,800
Lincoln, NE
Lincoln, NE median asking rent is $1,875, $225 (13.6%) higher than the $1,650 median asking rent in Grand Island, NE.
- Median rent
- $1,875
- Gross yield
- 8.72%
- Avg home value
- $243,642
Fremont, NE
Fremont, NE median asking rent is $1,500, $150 (9.1%) lower than the $1,650 median asking rent in Grand Island, NE.
- Median rent
- $1,500
- Gross yield
- 9.57%
- Avg home value
- $177,856
Kearney, NE
Kearney, NE median asking rent is $1,850, $200 (12.1%) higher than the $1,650 median asking rent in Grand Island, NE.
- Median rent
- $1,850
- Gross yield
- 8.15%
- Avg home value
- $269,861
Hastings, NE
Hastings, NE median asking rent is $1,470, $180 (10.9%) lower than the $1,650 median asking rent in Grand Island, NE.
- Median rent
- $1,470
- Gross yield
- 11.59%
- Avg home value
- $133,942
Scottsbluff, NE
Scottsbluff, NE median asking rent is $1,075, $575 (34.8%) lower than the $1,650 median asking rent in Grand Island, NE.
- Median rent
- $1,075
- Gross yield
- 9.88%
- Avg home value
- $123,315
North Platte, NE
North Platte, NE median asking rent is $1,450, $200 (12.1%) lower than the $1,650 median asking rent in Grand Island, NE.
- Median rent
- $1,450
- Gross yield
- 9.62%
- Avg home value
- $179,900
Lexington, NE
Lexington, NE median asking rent is $1,200, $450 (27.3%) lower than the $1,650 median asking rent in Grand Island, NE.
- Median rent
- $1,200
- Gross yield
- 14.46%
- Avg home value
- $2,936,800
Grand Island, NE rent and yield FAQ
Quick answers based on the latest Grand Island, NE rental listing and transaction data.
What is the average rent in Grand Island, NE?
As of July 2026, the median asking rent in Grand Island, NE is $1,650. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Grand Island, NE?
Grand Island, NE currently prices at a 9.26% gross rental yield, versus 9.12% across Nebraska. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from Grand Island, NE market context to property-level screening
Open Rental Insights with Grand Island, NE selected, then pair the yield signal with investor activity and rental data workflows.