Cheap Apartments for Rent in Omaha, NE from $400 (720 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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.

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property at 3825 Cuming St

$775 - $1,000

1 To 2 Bedroom Rentals

Available Now

3825 Cuming St

OmahaNE68131

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Fairview Apartments
Rent Specials
$799 - $1,350
Total Monthly Price

Total Monthly Price

Base Rent
$799 - $1,350
Total Monthly Price
$799 - $1,350
1 to 2 Bedroom Apartments Available Now

Fairview Apartments

4505 N 66th StOmaha, NE 68104
Pet Friendly
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  • Utilities Included
  • 3D Tour

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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Omaha, NE Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Omaha, NE

Pricing Updated: 05/16/2026

Current apartment rentals in the Omaha, NE area range in price from $475 to $11,976 with an overall median price of $1,991. The three Omaha neighborhoods with the lowest median rent pricing are Miller Park Minne Lusa at $770, Monmouth Park at $770, and Omaha Acres at $770. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Omaha Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Miller Park Minne Lusa$780$77021
Monmouth Park$780$77021
Omaha Acres$780$77020
Saratoga$780$77021
Ford Birthsite$850$7493
Dundee$1,345$8752
Avery Heights$1,365$59526
Jewell$1,365$59539
Clermont Court$1,381$59546
Southern Oaks$1,381$59566

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. Chester Manor in the Southeast Omaha neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. 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
Chester Manor1 Beds, 1 Baths1BR,1BA$645
Flats at Miracle HillsStudioStudio,1BA$695
Keystone RidgeOne Bedroom1BR,1BA$695
Copperstone ApartmentsOne Bedroom1BR,1BA$695
Camelot VillageStudioStudio,1BA$708
The Avenue apartmentsMidsize 1 Bedroom w/ Carpet1BR,1BA$715
Fox Run ApartmentsStudio - 1 BathStudio,1BA$730
Preserve at Evans Place1 Bed, 1 Bath - 718 SF1BR,1BA$737
LionsHead ApartmentsA1BR,1BA$745

Best Value Apartments for Rent in Omaha, NE

As of May 16, 2026 the best value apartment in the Omaha area is the $0.98 price per square foot 2 Story/3 Plex Model at Tallgrass Apartments in the in the Gretna neighborhood starting from $1,750. The second greatest value Omaha apartment is the Alpine Model at Village at Grant Square starting at $1,150 with a $1.00 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.
Tallgrass Apartments2 Story/3 Plex4BR,2BA$0.98
Village at Grant SquareAlpine2BR,2BA$1.00
78th Place2 Bedroom 2 Bath Updated2BR,2BA$1.00
The Archive1BR/1.0BA1BR,1BA$1.04
Westwood Apartments2 BD2BR,1BA$0.75
Beacon HillTwo Bedroom 215B2BR,1.5BA$1.02
Orleans Square2 bedroom / 1 bath - REFRESHED - TT Pays Util.2BR,1BA$1.05
111 S 38th St, Unit 3111 S 38th St1BR,1BA$1.04
Club at Highland Park1 Bedroom1BR,1BA$1.04
Meadows Park ApartmentsOne Bed, One Bath1BR,1BA$0.99

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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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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Omaha, NE Area Reviews

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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 $745.

What is the price of a cheap apartment in Omaha?

The cheapest apartment in Omaha is Chester Manor which is listed at $645, while the average apartment in Omaha costs $1,991.

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 11,611 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 $553 which is $1,438 cheaper than the average rent for all rentals in Omaha.

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

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.