Cheap Apartments for Rent in the Fairacres Neighborhood of Omaha, NE from $400 (82 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairacres area of Omaha.

Indian Hills Terrace Apartments

4821 Underwood Ave

MarCon Dundee Apartments

MarCon Capitol Apartments

Orchard Park Apartments
Omaha's Best Affordable Neighborhoods
Learn about Omaha and the best places to live with original content written by our Local Expert Darla Ferrara

Howard Street Apartments

Gladstone Apartments

Rosecliff Apartments

4643 Izard St

Villa Vinee Apartments

The 1001 Apartments

Indian Hills Village Apartments and Townhomes

Apple Valley Apartments

The Traveler Apartments
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Swivel

bos Apartments

Benson Lights Apartments

The Mill

Pacific Gardens Apartments

Loveland by Broadmoor

CUE at Aksarben Village

4907 Underwood Ave
Fairacres, Omaha, NE Local Guide

How much does it cost to rent an apartment in Fairacres?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Fairacres Studio Apartments | $1,222 | $837 | $1,955 |
Fairacres 1 Bedroom Apartments | $1,323 | $510 | $2,705 |
Fairacres 2 Bedroom Apartments | $1,798 | $865 | $3,499 |
Fairacres 3 Bedroom Apartments | $1,678 | $986 | $2,945 |
Browse Apartments in this Neighborhood
There are currently 82 rentals with your search options within a 2 mile radius of the Fairacres Neighborhood of Omaha, NE.
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Fairacres, Omaha, NE Local Guide
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Cheapest Available Fairacres Apartments for Rent
 The cheapest available apartment rental in the Fairacres area of Omaha, NE is a 1 Bed unit found at ALANSCO 1016 N 47 Ave priced from $735. MarCon Capitol Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $755. Here are the most affordable Fairacres apartments for rent in Omaha, NE:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
ALANSCO 1016 N 47 Ave | 1BR/1.0BA | 1BR,1BA | $735 |
MarCon Capitol Apartments | One Bedroom | 1BR,1BA | $755 |
29 Flats Apartments | 1 Bedroom with Balcony | 1BR,1BA | $755 |
Rosecliff Apartments | 1BR/1BA | 1BR,1BA | $795 |
Gladstone Apartments | One Bedroom | 1BR,1BA | $795 |
Keystone Park Apartments - Benson | 1 bedroom / 1 bath - Tenant Pays Utils.. | 1BR,1BA | $845 |
The 1001 Apartments | Studio | Studio,1BA | $850 |
Orchard Park Apartments | 78th Place | 1BR,1BA | $865 |
The Traveler Apartments | Santorini | Studio,1BA | $885 |
Flats on 75th | 1 Bedroom, 1 Bathroom | 1BR,1BA | $897 |
Best Value Apartments for Rent in Fairacres, NE
As of April 23, 2025 the best value apartment in the Fairacres area is the $0.72 price per square foot Two Bedroom- 1.5 Bath Model at Villa Vinee Apartments in the in the Central neighborhood starting from $1,138. The second greatest value Fairacres apartment is the Two Bed Model at Dundee View starting at $1,200 with a $1.20 price per square foot in the Holy Cross neighborhood. Here is today’s list of the best values for Fairacres apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Villa Vinee Apartments | Two Bedroom- 1.5 Bath | 2BR,1.5BA | $0.72 |
Dundee View | Two Bed | 2BR,1BA | $1.20 |
Onyx at Aksarben | Niccolo | 2BR,1BA | $1.12 |
Apple Valley Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.01 |
Century House | 2 bed 1 bath A | 2BR,1BA | $1.06 |
Keystone Ridge | Two Bedroom | 2BR,1BA | $1.00 |
Orchard Park Apartments | 78th Place | 1BR,1BA | $1.02 |
MarCon Capitol Apartments | One Bedroom | 1BR,1BA | $0.93 |
Keystone Park Apartments - Benson | 1 bedroom / 1 bath - Tenant Pays Utils.. | 1BR,1BA | $1.21 |
ALANSCO 1016 N 47 Ave | 1BR/1.0BA | 1BR,1BA | $1.18 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleFairacres, Omaha, NE
Ranked #67
Among neighborhoods in Omaha, NE for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
Our team of engineers and researchers is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for East Central Omaha, NE. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Fairacres Neighborhood in Omaha, NE
Walk Score®
43 / 100
Car-Dependent
Most errands require a car
Bike Score®
55 / 100
Bikeable
Some bike infrastructure
Transit Score®
30 / 100
Some Transit
A few nearby public transportation options
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.
Frequently Asked Questions about Cheap Fairacres Apartments
What is a cheap apartment in Fairacres?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fairacres is under $897.
What is the price of a cheap apartment in Fairacres?
The cheapest apartment in Fairacres is ALANSCO 1016 N 47 Ave which is listed at $735, while the average apartment in Fairacres costs $1,672.
What types of apartments are the cheapest in Fairacres?
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 60 regular apartments in Fairacres 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 Fairacres?
Cheap apartments in Fairacres have an average cost of $656 which is $1,016 cheaper than the average rent for all rentals in Fairacres.
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.

Exploring Omaha’s Best Affordable Neighborhoods: Finding Your Perfect Fit in the Heart of the Midwest
Written by: Darla Ferrara
If you want to enjoy the good life but still have access to big-city perks, Omaha is the right choice. This metropolis has everything you could want, from fine dining to an award-winning zoo to a vibrant indie music scene.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.