Cheap Apartments for Rent in Omaha, NE from $400 (594 Rentals)

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property at 1240 S 10th St

1240 S 10th St

OmahaNE68108

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: 03/25/2025

Current apartment rentals in the Omaha, NE area range in price from $475 to $5,336 with an overall median price of $1,856. The three Omaha neighborhoods with the lowest median rent pricing are Saratoga at $725, Far North Omaha at $725, and Miller Park Minne Lusa at $725. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Omaha Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Saratoga$1,050$7251243
Far North Omaha$1,300$725368
Miller Park Minne Lusa$1,300$7251226
Regency Homes$1,395$5604865
Dundee$1,400$710558
Oakdale$1,400$6801872
Rockbrook$1,404$6802216
West Dodge$1,409$5104472
Jewell$1,410$5652639
Horizons$1,410$5605407

Cheapest Available Omaha Apartments for Rent

 

The cheapest available apartment rental in Omaha, NE is a 2 Beds unit found at Pacific West in the Georgetowne neighborhood priced from $150. The Avenue apartments in the Old Market neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $615. Here is today’s list of the most affordable Omaha apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pacific WestLongview2BR,1BA$150
The Avenue apartmentsStudio w/ CarpetStudio,1BA$615
Copperstone Apartments8220 Blondo St #1111BR,1BA$675
Bellevue Gardens Apartments1 Bed 1 Bath1BR,1BA$675
Chester Manor1 Beds, 1 Baths1BR,1BA$675
The Pines at Q Plaza Apartments1A1BR,1BA$680
29 Flats Apartments1 Bedroom Garden Level1BR,1BA$715
Flats at Miracle HillsStudioStudio,1BA$715
Citron1 Bedroom1BR,1BA$732
MarCon Capitol ApartmentsOne Bedroom1BR,1BA$755

Best Value Apartments for Rent in Omaha, NE

As of March 25, 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 $1,693. The second greatest value Omaha apartment is the Rockbrook I Model at Centre Ridge starting at $1,150 with a $0.96 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
Centre RidgeRockbrook I2BR,2BA$0.96
Fontainebleau2 BDR 2 BTH2BR,2BA$0.86
Torrey PinesOne Bedroom1BR,1BA$0.96
Maple RidgeTwo Bedroom 215D2BR,1.5BA$0.98
Windsor Woods2 Beds, 1 bath2BR,1BA$0.98
Orleans Square2 bedroom / 1 bath - Tenant Pays Utl.2BR,1BA$0.99
Club at Highland Park1 Bedroom1BR,1BA$0.98
MarCon Capitol ApartmentsOne Bedroom1BR,1BA$0.93
Bellevue Gardens Apartments1 Bed 1 Bath1BR,1BA$0.96

Quick Rent Budget Calculator

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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

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

Explore Omaha, NE Rentals by Map

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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

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 $755.

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 $1,856.

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 439,719 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 $662 which is $1,194 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.

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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.

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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.

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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.

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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.