
Cheap Apartments for Rent in the Underwood Avenue Neighborhood of Omaha, NE from $500 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Underwood Avenue area of Omaha.


MarCon Dundee Apartments

Howard Street

MarCon Capitol Apartments

Gladstone Apartments
Omaha's Best Affordable Neighborhoods
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Underwood Avenue, Omaha, NE Local Guide

How much does it cost to rent an apartment in Underwood Avenue?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Underwood Avenue Studio Apartments | $1,126 | $1,126 | $1,126 |
Underwood Avenue 1 Bedroom Apartments | $1,063 | $560 | $1,470 |
Underwood Avenue 2 Bedroom Apartments | $1,267 | $750 | $2,525 |
Underwood Avenue 3 Bedroom Apartments | $2,350 | $2,205 | $2,495 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Underwood Avenue Neighborhood of Omaha, NE.
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Underwood Avenue, Omaha, NE Local Guide
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Cheapest Available Underwood Avenue Apartments for Rent
 The cheapest available apartment rental in the Underwood Avenue area of Omaha, NE is a 1 Bed unit found at MarCon Capitol Apartments priced from $755. Gladstone Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Underwood Avenue apartments for rent in Omaha, NE:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
MarCon Capitol Apartments | One Bedroom | 1BR,1BA | $755 |
Gladstone Apartments | One Bedroom | 1BR,1BA | $795 |
Turner Park Apartments | 1BR | 1BR,1BA | $800 |
Blackstone Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $900 |
The Belmont | 1/1 | 1BR,1BA | $925 |
Best Value Apartments for Rent in Underwood Avenue, NE
As of April 30, 2025 the best value apartment in the Underwood Avenue area is the $1.66 price per square foot Cobblestone with Den Model at 1501 Jackson in the in the Old Market neighborhood starting from $2,525. The second greatest value Underwood Avenue apartment is the 4802 Capitol Ave Model at 4802 Capitol Ave, Unit Apartment 3 starting at $1,700 with a $1.24 price per square foot in the Holy Cross neighborhood. Here is today’s list of the best values for Underwood Avenue apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1501 Jackson | Cobblestone with Den | 2BR,2BA | $1.66 |
4802 Capitol Ave, Unit Apartment 3 | 4802 Capitol Ave | 2BR,1BA | $1.24 |
MarCon Capitol Apartments | One Bedroom | 1BR,1BA | $0.93 |
The Belmont | 1/1 | 1BR,1BA | $1.42 |
Gladstone Apartments | One Bedroom | 1BR,1BA | $1.23 |
Blackstone Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.44 |
Turner Park Apartments | 1BR - Furnished | 1BR,1BA | $2.17 |
4932 Davenport St, Unit 3 | 4932 Davenport St | 1BR,1BA | $2.14 |
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Pet Friendly LifestyleUnderwood Avenue, Omaha, NE
Ranked #153
Among neighborhoods in Omaha, NE for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Underwood Avenue Neighborhood in Omaha, NE
Walk Score®
83 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
56 / 100
Bikeable
Some bike infrastructure
Transit Score®
33 / 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 Underwood Avenue Apartments
What is the price of a cheap apartment in Underwood Avenue?
The cheapest apartment in Underwood Avenue is MarCon Capitol Apartments which is listed at $755, while the average apartment in Underwood Avenue costs $2,205.
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
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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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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.