
Cheap Apartments for Rent in the Downtown Omaha Neighborhood of Omaha, NE from $400 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Omaha area of Omaha.


Kensington Tower Apartments

The Brandeis

The Flats on Howard

Securities Downtown

Orpheum Tower

Dizzy Mule

Skinner Macaroni Lofts

The Drake and Liberty Lofts Apartments

Corvina Apartments
Downtown Omaha, Omaha, NE Local Guide

How much does it cost to rent an apartment in Downtown Omaha?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Omaha Studio Apartments | $1,386 | $685 | $4,969 |
Downtown Omaha 1 Bedroom Apartments | $1,399 | $735 | $2,690 |
Downtown Omaha 2 Bedroom Apartments | $1,986 | $845 | $3,570 |
Downtown Omaha 3 Bedroom Apartments | $2,422 | $1,350 | $4,586 |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 2 mile radius of the Downtown Omaha Neighborhood of Omaha, NE.
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Downtown Omaha, Omaha, NE Local Guide
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Cheapest Available Downtown Omaha Apartments for Rent
 The cheapest available apartment rental in the Downtown Omaha area of Omaha, NE is a Studio unit found at The Avenue apartments priced from $615. Hotel Flatiron has the second lowest priced unit, which is a 1 Bed apartment currently listed from $840. Here are the most affordable Downtown Omaha apartments for rent in Omaha, NE:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Avenue apartments | Studio w/ Carpet | Studio,1BA | $615 |
Hotel Flatiron | Ziegman-B2 | 1BR,1BA | $840 |
The Flats on Howard | The Sterling | Studio,1BA | $855 |
1115 Harney Street | 0BR/1.0BA | Studio,1BA | $875 |
Securities Downtown | 1BR/1.0BA | 1BR,1BA | $895 |
22 Floors | Fine Line | Studio,1BA | $895 |
Georgeanna Court | One Bedroom | 1BR,1BA | $900 |
Muse Omaha | The CJ | Studio,1BA | $950 |
Kensington Tower Apartments | #2 Layout | 1BR,1BA | $985 |
The Bank | The Peso | 1BR,1BA | $995 |
Best Value Apartments for Rent in Downtown Omaha, NE
As of March 22, 2025 the best value apartment in the Downtown Omaha area is the $1.56 price per square foot Vera Model at TipTop Apartments in the in the Old Market neighborhood starting from $2,075. The second greatest value Downtown Omaha apartment is the 1 Bed 1 Bath Model at Cornerstone Apartments starting at $1,475 with a $1.18 price per square foot in the Old Market neighborhood. Here is today’s list of the best values for Downtown Omaha apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
TipTop Apartments | Vera | 2BR,2BA | $1.56 |
Cornerstone Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.18 |
L14 Flats | Gallery | 2BR,2BA | $1.42 |
The Riley - 1012 Douglas St | 2 Bedroom | 2BR,2BA | $1.56 |
Nichol Flats | 1x1 B | 1BR,1BA | $1.33 |
Skinner Macaroni Lofts | One Bedroom | 1BR,1BA | $1.26 |
Old Market Lofts | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.44 |
1115 Harney Street | 0BR/1.0BA | Studio ,1BA | $1.25 |
Georgeanna Court | One Bedroom | 1BR,1BA | $1.50 |
The Avenue apartments | Studio w/ HW Floors | Studio ,1BA | $1.45 |
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Pet Friendly LifestyleDowntown Omaha, Omaha, NE
Ranked #30
Among neighborhoods in Omaha, NE for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
This website works hard to bring you comprehensive Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Nebraska and customized analysis for Central Omaha, NE. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Downtown Omaha Apartments
What is a cheap apartment in Downtown Omaha?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Omaha is under $995.
What is the price of a cheap apartment in Downtown Omaha?
The cheapest apartment in Downtown Omaha is The Avenue apartments which is listed at $725, while the average apartment in Downtown Omaha costs $2,070.
What types of apartments are the cheapest in Downtown 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 4,455 regular apartments in Downtown 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 Downtown Omaha?
Cheap apartments in Downtown Omaha have an average cost of $1,166 which is $904 cheaper than the average rent for all rentals in Downtown 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.

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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.

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.