Last updated
Average Rent in Bellevue 68123 & Rent Trends
Rent prices and market trends across 5 apartment communities in Bellevue 68123, Bellevue, NE. Updated daily.
Market Average
$1,772/mo
▼ 2.2% from last month
Lowest Available
$1,395/mo
cheapest unit on market
Communities
5
tracked daily
Units Listed
28
available now
Price Cuts This Week in Bellevue 68123
22 listed units across 4 buildings offering 3 bed units in Bellevue 68123 dropped their asking rent in the past 7 days, an average cut of $50/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| The Apex at Twin Creek | Unit 2 | $1,500 | $1,300 | $200 |
| Midlands Real Estate | Unit 24b232d2-0437-4954-87ea-04922960e99e | $2,100 | $2,000 | $100 |
| The Apex at Twin Creek | Unit 1 | $1,399 | $1,300 | $99 |
| Lumen Heights | Unit 2858-G | $1,539 | $1,444 | $95 |
| The Landings Apartments | Unit 22 | $1,781 | $1,701 | $80 |
| The Landings Apartments | Unit 3, Cape Cod Bay | $1,574 | $1,519 | $55 |
| The Landings Apartments | Unit 8, Cape Cod Bay | $1,599 | $1,544 | $55 |
| The Landings Apartments | Unit 21 | $1,751 | $1,701 | $50 |
Bellevue 68123 vs Bellevue, NE Average
Bellevue 68123 is more expensive than the Bellevue, NE average by $195/mo (12%). The citywide average is $1,577/mo across all neighborhoods.
Is Rent Going Up or Down in Bellevue 68123?
As of September 2026, the average rent in Bellevue 68123 is $1,772 per month across 5 apartment communities and 28 available units. Rents have decreased $40 (2.2%) over the past month.
The most affordable option is Rising View Rental Communities starting at $1,395/mo. By unit type, a 3-bedroom averages $1,772/mo.
Prices range from $1,395 to $2,400 per month. The most common price point is the $1,600 range, where 15 units are currently listed.
Bellevue 68123 Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,720 | - | 5 |
| August 2026 | $1,729 | +$9 | 5 |
| September 2026 | $1,706 | -$23 | 5 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Rent Price Distribution
Rent by Bedroom Type in Bellevue 68123
Rent Prices by Apartment in Bellevue 68123
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Rising View Rental Communities | $1,395/mo | $1,740/mo | 17 | 3.3 |
| Lumen Heights | $1,586/mo | $1,634/mo | 3 | 3.3 |
| The Apex at Twin Creek | $1,695/mo | $1,695/mo | 1 | 3.5 |
| The Landings Apartments | $1,701/mo | $1,756/mo | 4 | 3.2 |
| Midlands Real Estate | $2,000/mo | $2,133/mo | 3 | 4.5 |
Frequently Asked Questions About Rent in Bellevue 68123
What is the average rent in Bellevue 68123?
Is rent going up or down in Bellevue 68123?
What is the cheapest apartment in Bellevue 68123?
How many apartments are available in Bellevue 68123?
What salary do I need to live comfortably in Bellevue 68123?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$71,000/year
Based on the 30 percent rule, using our tracked average rent of $1,772/mo.
Comfortable income
$85,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,395/mo), you need to earn at least $56,000/year.
Median household income in Bellevue 68123 is $87,343 , about 3% above the comfortable-living threshold.
Cost of living in Bellevue 68123
Overall prices in Bellevue 68123 runs below the national average by about 8% (BEA Regional Price Parity index 92.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Bellevue 68123's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,772 |
| Utilities | $375 |
| Groceries | $521 |
| Transportation | $895 |
| Healthcare | $436 |
| Other goods and services | $698 |
| Estimated total | $4,698/mo |
Population
64,355
Median household income
$87,343
Census median rent
$1,202/mo
Census rent burden
25.8%
Median age
36.1
Mean commute
21 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Bellevue 68123 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Bellevue 68123 Apartments
Browse all 5 communities with daily-updated pricing and availability.