Cheap Apartments for Rent in the Downtown Omaha Neighborhood of Omaha, NE from $400 (40 Rentals)

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

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La Morada
Studio Apartments

La Morada

554 S 26th StOmaha, NE 68105
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Lutheran Home
1 Bedroom Apartments

Lutheran Home

530 S 26th StOmaha, NE 68105
Senior Living
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The Avenue apartments
Studio to 1 Bedroom Apartments

The Avenue apartments

2235 St Marys AveOmaha, NE 68102
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1001 N 29th St
2 Bedroom Apartments

1001 N 29th St

1001 N 29th StOmaha, NE 68131
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City Pointe
1 Bedroom Apartments

City Pointe

1913 Farnam StOmaha, NE 68102
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THE JUNCTION
1 Bedroom Apartments

THE JUNCTION

2401 Farnam StOmaha, NE 68131
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Grand & Goodrich
1 to 2 Bedroom Apartments

Grand & Goodrich

349 S 26th StOmaha, NE 68131
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The Anna
1 Bedroom Apartments

The Anna

535 S 26th AveOmaha, NE 68105
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Lancaster Flats
1 to 2 Bedroom Apartments

Lancaster Flats

2556 Marcy StOmaha, NE 68105
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Bull Durham Apartments
1 Bedroom Apartments

Bull Durham Apartments

1011-1013 Leavenworth StOmaha, NE 68102
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ViewHouse
1 to 2 Bedroom Apartments

ViewHouse

1111 N 27th StOmaha, NE 68131
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22 Floors
Studio to 1 Bedroom Apartments

22 Floors

1314 Mike Fahey StOmaha, NE 68102
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Farnam Flats
Studio Apartments

Farnam Flats

1411 Farnam StOmaha, NE 68102
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Showing Results 1-40, Page 1 of 1

Downtown Omaha, Omaha, NE Local Guide

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 ListingModel NameBed/BathPriced From
The Avenue apartmentsStudio w/ CarpetStudio,1BA$615
Hotel FlatironZiegman-B21BR,1BA$840
The Flats on HowardThe SterlingStudio,1BA$855
1115 Harney Street0BR/1.0BAStudio,1BA$875
Securities Downtown1BR/1.0BA1BR,1BA$895
22 FloorsFine LineStudio,1BA$895
Georgeanna CourtOne Bedroom1BR,1BA$900
Muse OmahaThe CJStudio,1BA$950
Kensington Tower Apartments#2 Layout1BR,1BA$985
The BankThe Peso1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
TipTop ApartmentsVera2BR,2BA$1.56
Cornerstone Apartments1 Bed 1 Bath1BR,1BA$1.18
L14 FlatsGallery2BR,2BA$1.42
The Riley - 1012 Douglas St2 Bedroom2BR,2BA$1.56
Nichol Flats1x1 B1BR,1BA$1.33
Skinner Macaroni LoftsOne Bedroom1BR,1BA$1.26
Old Market Lofts1 Bedroom 1 Bathroom1BR,1BA$1.44
1115 Harney Street0BR/1.0BAStudio ,1BA$1.25
Georgeanna CourtOne Bedroom1BR,1BA$1.50
The Avenue apartmentsStudio w/ HW FloorsStudio ,1BA$1.45

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Downtown Omaha, Omaha, NE

Ranked #30

Among neighborhoods in Omaha, NE for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

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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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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.

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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.