$2,500 Per Month
- 3 Beds
- 2 Baths
- 2,170 Sq Ft
- House for Rent
123 Wilma Rd, Papillion, NE 68133
123 Wilma Rd, Papillion, NE 68133
Frequently Asked Questions
How much does it cost to rent a single-family home in Papillion, NE?
The median rent for a single-family home in Papillion, NE is $2,500 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Papillion, NE?
To comfortably afford the median rent in Papillion, NE, a household needs to earn roughly $100,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,500 per month in Papillion, NE, renters typically need to show $7,500 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Papillion, NE?
In Papillion, NE, the price-to-rent ratio is 13.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Papillion, NE are best for renting a single-family home?
The best neighborhood for renting in Papillion, NE depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include Robin Hill, South Central Omaha and Aksarben-Elmwood Park, each with its own character and price range.
