
Cheap Homes for Rent in Omaha, IL from $300 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Omaha.


212 E Lincoln St

6515 Uebelhack Rd

405 2nd St

404 N Carroll St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

922 Lillie St

614 5th St

1404 Delmar Ave

640 Jefferson Ave

223 Clara St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1306 Davis Ave
Omaha, IL Local Guide

How much does it cost to rent a home in Omaha?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Omaha 2 Bedroom Homes for Rent | $885 | $364 | $1,900 |
| Omaha 3 Bedroom Homes for Rent | $1,353 | $800 | $2,350 |
| Omaha 4 Bedroom Homes for Rent | $1,833 | $1,600 | $2,250 |
| Omaha 5 Bedroom Homes for Rent | $1,141 | $1,141 | $1,141 |
Browse Top Homes for Rent in Omaha
Explore Omaha
Omaha, IL Local Guide
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Cheapest Available Omaha Apartments for Rent and Nearby
 The cheapest available apartment rental in Omaha, IL is a 1 Bed unit found at Graystone Henderson in the Henderson North End neighborhood priced from $650. Lakewood Flats and Townhomes in the Howell neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $670. Here is today’s list of the most affordable Omaha apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Graystone Henderson | 1 Bedroom | 1BR,1BA | $650 |
| Lakewood Flats and Townhomes | 2 small wd | 2BR,1BA | $670 |
| Embassy Apartments | 0.1 | Studio,1BA | $685 |
| Valoré at Hidden Hills | The Pine - One Bedroom Apartment Home | 1BR,1BA | $725 |
| Foxfire West Apartments | 1.1f | 1BR,1BA | $795 |
Best Value Apartments for Rent in Omaha, IL and Nearby
As of December 14, 2025 the best value apartment in the Omaha area is the $1.00 price per square foot 3 bedroom Model at 2707 Fairway Dr in the starting from $1,400. The second greatest value Omaha apartment is the 3BR/2.0BA Model at Apartments@41 starting at $1,450 with a $1.19 price per square foot in the Business 41 neighborhood. Here is today’s list of the best values for Omaha apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2707 Fairway Dr | 3 bedroom | 3BR,2BA | $1.00 |
| Apartments@41 | 3BR/2.0BA | 3BR,2BA | $1.19 |
| Eagle Village - Historical Access | 4BR/2BA - Furnished | 4BR,2BA | $0.47 |
| Naveen Pine Townhomes | Beautiful 3 Bedroom Townhome | 3BR,1.5BA | $1.23 |
| The Brickyard Apartments | Keystone | 1BR,1BA | $1.16 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.16 |
| Century Estates | 2 Beds, 1 bath | 2BR,1BA | $1.11 |
| Copper Creek Townhomes | A-1 Bedroom Ranch | 1BR,1BA | $1.23 |
| North Park | McCallister | 1BR,1BA | $1.10 |
| Addison Place | Windsor | 1BR,1BA | $1.21 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Omaha, IL Rentals by Map
See the most popular apartments and homes in Omaha, IL
Frequently Asked Questions about Omaha
What type of rentals are currently available in Omaha?
There are currently 51 Apartments for Rent in Omaha, IL with pricing that ranges from $565 to $3,240. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Omaha ranging from $364 to $2,350.
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 $364 to $2,350 with an average monthly rent of $1,241.
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 $1,560, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,350. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $580.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.