Cheap Apartments for Rent in Omaha, NE from $400 (710 Rentals)

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

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Omaha, NE Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Omaha, NE

Pricing Updated: 11/07/2025

Current apartment rentals in the Omaha, NE area range in price from $475 to $4,434 with an overall median price of $1,785. The three Omaha neighborhoods with the lowest median rent pricing are Omaha Acres at $770, Saratoga at $770, and Ford Birthsite at $895. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Omaha Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Omaha Acres$780$77021
Saratoga$780$77021
Ford Birthsite$997$8952
Underwood Avenue$1,126$73510
Dundee$1,147$6154
Chris Lake$1,296$75032
Northwest Community Club$1,300$61576
Sherman$1,354$63959
Market West$1,365$72531
West Dodge$1,420$520187

Cheapest Available Omaha Apartments for Rent

 

The cheapest available apartment rental in Omaha, NE is a Studio unit found at Hanscom and Georgia Row Apartments in the Old Market neighborhood priced from $557. Westbrook Tower in the Old Market neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $685. Here is today’s list of the most affordable Omaha apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hanscom and Georgia Row Apartments0/1 - 30%Studio,1BA$557
Westbrook TowerStudioStudio,1BA$685
Flats at Miracle HillsStudioStudio,1BA$690
Keystone RidgeOne Bedroom1BR,1BA$695
Copperstone ApartmentsOne Bedroom1BR,1BA$695
Juniper GardensStudio - ClassicStudio,1BA$697
Grover Square ApartmentsThe BirchStudio,1BA$700
The Avenue apartmentsMidsize 1 Bedroom w/ Carpet1BR,1BA$715
Preserve at Evans Place1 Bed, 1 Bath - 663 SF1BR,1BA$720
The Pines at Q Plaza Apartments1A1BR,1BA$725

Best Value Apartments for Rent in Omaha, NE

As of November 07, 2025 the best value apartment in the Omaha area is the $1.00 price per square foot Rockbrook II Model at Centre Ridge in the in the Central neighborhood starting from $1,250. The second greatest value Omaha apartment is the 2BR/1.0BA Model at The Melrose starting at $1,150 with a $0.97 price per square foot in the Old Market 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.
Centre RidgeRockbrook II2BR,2BA$1.00
The Melrose2BR/1.0BA2BR,1BA$0.97
Fontainebleau2 BDR 2 BTH2BR,2BA$0.86
Westbrook Gardens After55 CommunityTwo Bed w/ Den2BR,1BA$0.90
Fox Run Apartments2 Bed - 2 Bath2BR,2BA$0.97
Onyx at AksarbenCarnelian3BR,2BA$0.97
L15 LoftsVintageStudio ,1BA$0.81
Edgewater Court ApartmentsChatsworth2BR,2BA$1.02
Old Market Lofts1 Bedroom 1 Bathroom1BR,1BA$0.97
Meadows Park ApartmentsOne Bed, One Bath1BR,1BA$1.03

Quick Rent Budget Calculator

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Omaha Overview

Omaha, Nebraska is a wonderful place to call home. With a wide variety of fun to be had all over town and plenty of options in great apartments in Omaha to call home, this place may be the perfect place you've been looking for. Omaha has developed from a scrappy trading city bordered by lands occupied by the Pawnee, Otoe, Sious and Ioway into vibrant city with a strong business community. The development of the stockyards, packing houses and associated breweries created a sustainable base for the city’s continual development.

Why live in Omaha, NE?

Omaha is known for its rich, diverse heritage. While a modern city that is moving into the future, residents also cherish and honor the past. They never forget that the city was built on a vast convergence of people from varied backgrounds. It is this cultural mix that has left a distinct mark on the city and its development. As a proud people, the city’s rough scrabble beginnings have grown into a certain strength and pride making it a wonderful place to call home. And - with a plethora of Omaha apartments for rent available all over town for prices that fit any budget, you can't lose here!

Pet Friendly Lifestyle
Omaha, NE

Ranked #1

Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Omaha, NE Rentals by Map

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See the most popular apartments and homes in Omaha, NE

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Getting Around Omaha, NE

Walk Score®

56 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

49 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

24 / 100

Minimal Transit

It may be possible to get on a bus

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.

Omaha, NE Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Frequently Asked Questions about Cheap Omaha Apartments

What is a cheap apartment in Omaha?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Omaha is under $725.

What is the price of a cheap apartment in Omaha?

The cheapest apartment in Omaha is Keystone Ridge which is listed at $695, while the average apartment in Omaha costs $1,785.

What types of apartments are the cheapest in 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 9,679 regular apartments in 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 Omaha?

Cheap apartments in Omaha have an average cost of $470 which is $1,315 cheaper than the average rent for all rentals in 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.

decorative image for Exploring Omaha’s Best Affordable Neighborhoods: Finding Your Perfect Fit in the Heart of the Midwest article

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.