Cheap Homes for Rent in Omaha, NE from $700 (34 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 820 N 46th St

820 N 46th St

OmahaNE68132
property at 1810 Main St

1810 Main St

BellevueNE68005
property at 502 William St

502 William St

OmahaNE68108

Omaha, NE Local Guide

Cheapest Neighborhoods for Apartments in Omaha, NE

Pricing Updated: 04/02/2025

Current apartment rentals in the Omaha, NE area range in price from $475 to $5,727 with an overall median price of $1,873. The three Omaha neighborhoods with the lowest median rent pricing are Sherman at $900, Saratoga at $735, and Far North Omaha 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
Sherman$970$9005
Saratoga$1,050$73520
Far North Omaha$1,300$7258
Deer Ridge$1,375$68086
Leawood West$1,375$68086
Heide Heights$1,380$75782
West Fairacres$1,380$680117
Horizons$1,395$560176
West Omaha$1,395$680130
Dundee$1,400$77514

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. Citron in the Ralston neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $629. 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
CitronStudioStudio,1BA$629
Bellevue Gardens Apartments1 Bed 1 Bath1BR,1BA$675
Copperstone Apartments8220 Blondo St #1111BR,1BA$675
Keystone Ridge2924 N 83RD ST #2101BR,1BA$675
Chester Manor1 Beds, 1 Baths1BR,1BA$675
The Pines at Q Plaza Apartments1A1BR,1BA$680
Flats at Miracle HillsStudioStudio,1BA$715
Westbrook Tower1 Bedroom1BR,1BA$735
29 Flats Apartments1 Bedroom Garden Level1BR,1BA$735

Best Value Apartments for Rent in Omaha, NE

As of April 03, 2025 the best value apartment in the Omaha area is the $0.85 price per square foot Ranch Style Duplex A Model at Westwood Duplexes in the in the Southwest Omaha neighborhood starting from $1,667. The second greatest value Omaha apartment is the Two Bedroom- 1.5 Bath Model at Villa Vinee Apartments starting at $1,093 with a $0.69 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$0.85
Villa Vinee ApartmentsTwo Bedroom- 1.5 Bath2BR,1.5BA$0.69
Centre RidgeRockbrook II2BR,2BA$1.00
Fontainebleau2 BDR 2 BTH2BR,2BA$0.86
Club at Highland Park2 Bedroom2BR,2BA$0.93
Windsor Woods2 Beds, 1 bath2BR,1BA$0.98
Orleans Square2 bedroom / 1 bath - Tenant Pays Utl.2BR,1BA$0.99
Orchard Park ApartmentsOrchard - 2 Bedroom2BR,1BA$1.01
MarCon Capitol ApartmentsOne Bedroom1BR,1BA$0.93
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

Frequently Asked Questions about Omaha

What type of rentals are currently available in Omaha?

There are currently 1768 Apartments for Rent in Omaha, NE with pricing that ranges from $475 to $5,727. There are also 192 Single Family Homes for rent, Condos, and Townhome rentals currently available in Omaha ranging from $775 to $4,935.

What is the current price range for Rental Homes in Omaha?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Omaha ranges from $775 to $4,935 with an average monthly rent of $2,187.

How much are larger Three and Four Bedroom Rentals in Omaha?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Omaha range from $950 to $5,727, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $4,150. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,796.

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.