Cheap Apartments for Rent in Omaha, NE from $400 (607 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Omaha.

property at 1240 S 10th St

1240 S 10th St

OmahaNE68108
Showing Results 1-50, Page 1 of 13

Omaha, NE Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Omaha, NE

Pricing Updated: 04/12/2025

Current apartment rentals in the Omaha, NE area range in price from $475 to $5,495 with an overall median price of $1,850. The three Omaha neighborhoods with the lowest median rent pricing are Sherman at $800, Deer Ridge at $680, and Leawood West at $680. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Omaha Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Sherman$1,180$80010
Deer Ridge$1,275$68079
Leawood West$1,275$68079
Maclad Heights$1,292$75043
Far North Omaha$1,300$7258
Brook Hollow$1,350$68099
Skylark Cryer$1,350$68059
West Fairacres$1,355$680117
Spyglass Hill$1,372$680134
Bel Air Leawood$1,377$68092

Cheapest Available Omaha Apartments for Rent

 

The cheapest available apartment rental in Omaha, NE is a Studio unit found at The Avenue apartments in the Old Market neighborhood priced from $615. Bellevue Gardens Apartments in the Chris Lake neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Omaha apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Avenue apartmentsStudio w/ CarpetStudio,1BA$615
Bellevue Gardens Apartments1 Bed 1 Bath1BR,1BA$675
Chester Manor1 Beds, 1 Baths1BR,1BA$675
The Pines at Q Plaza Apartments1A1BR,1BA$680
Flats at Miracle HillsStudioStudio,1BA$715
Westwood ApartmentsStudioStudio,1BA$730
29 Flats Apartments1 Bedroom Garden Level1BR,1BA$735
Westbrook Tower1 Bedroom1BR,1BA$735
MarCon Dundee ApartmentsCalifornia - 1 Bedroom1BR,1BA$735
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$735

Best Value Apartments for Rent in Omaha, NE

As of April 13, 2025 the best value apartment in the Omaha area is the $0.86 price per square foot Ranch Style Duplex A Model at Westwood Duplexes in the in the Southwest Omaha neighborhood starting from $1,699. The second greatest value Omaha apartment is the Two Bedroom- 1.5 Bath Model at Villa Vinee Apartments starting at $1,150 with a $0.73 price per square foot in the Central neighborhood. Here is today’s list of the best values for Omaha apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Westwood DuplexesRanch Style Duplex A3BR,2BA$0.86
Villa Vinee ApartmentsTwo Bedroom- 1.5 Bath2BR,1.5BA$0.73
Fontainebleau2 BDR 2 BTH2BR,2BA$0.86
Midland Heights Apartments2 Bed 2 Bath 3rd Floor2BR,2BA$0.99
Club at Highland Park2 Bedroom2BR,2BA$1.00
Edgewater Court ApartmentsChatsworth2BR,2BA$0.99
Windsor Woods2 Beds, 1 bath2BR,1BA$0.98
Copperstone ApartmentsTwo Bedroom2BR,1BA$0.92
Orleans Square2 bedroom / 1 bath - Tenant Pays Utl.2BR,1BA$0.99
Bellevue Gardens Apartments1 Bed 1 Bath1BR,1BA$0.96

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Omaha Overview

Omaha, Nebraska is a wonderful place to call home. With a wide variety of fun to be had all over town and plenty of options in great apartments in Omaha to call home, this place may be the perfect place you've been looking for. Omaha has developed from a scrappy trading city bordered by lands occupied by the Pawnee, Otoe, Sious and Ioway into vibrant city with a strong business community. The development of the stockyards, packing houses and associated breweries created a sustainable base for the city’s continual development.

Why live in Omaha, NE?

Omaha is known for its rich, diverse heritage. While a modern city that is moving into the future, residents also cherish and honor the past. They never forget that the city was built on a vast convergence of people from varied backgrounds. It is this cultural mix that has left a distinct mark on the city and its development. As a proud people, the city’s rough scrabble beginnings have grown into a certain strength and pride making it a wonderful place to call home. And - with a plethora of Omaha apartments for rent available all over town for prices that fit any budget, you can't lose here!

Pet Friendly Lifestyle
Omaha, NE

Ranked #1

Among cities in Nebraska for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Omaha, NE Rentals by Map

Decorative image of map

See the most popular apartments and homes in Omaha, NE

View MapOmaha, NE Apartments MapView MapOmaha, NE Rental Homes Map

Getting Around Omaha, NE

Walk Score®

56 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

49 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

24 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Omaha, NE Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Frequently Asked Questions about Cheap Omaha Apartments

What is a cheap apartment in Omaha?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Omaha is under $735.

What is the price of a cheap apartment in Omaha?

The cheapest apartment in Omaha is Bellevue Gardens Apartments which is listed at $675, while the average apartment in Omaha costs $1,850.

What types of apartments are the cheapest in Omaha?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9,446 regular apartments in Omaha that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Omaha?

Cheap apartments in Omaha have an average cost of $639 which is $1,211 cheaper than the average rent for all rentals in Omaha.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.