Cheap Apartments for Rent in Omaha, NE from $400 (649 Rentals)

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

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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Omaha's Best Affordable Neighborhoods

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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: 07/24/2025

Current apartment rentals in the Omaha, NE area range in price from $475 to $5,330 with an overall median price of $1,828. The three Omaha neighborhoods with the lowest median rent pricing are Maclad Heights at $785, Omaha Acres at $760, and Brown Park 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
Maclad Heights$1,075$78514
Omaha Acres$1,100$76028
Brown Park$1,192$7256
Woodbridge$1,348$80021
Jewell$1,371$57514
Oakdale$1,399$72565
Paddock Road$1,399$724136
Rockbrook$1,404$72483
Horizons$1,425$675178
Indian Hills Village$1,425$510126

Cheapest Available Omaha Apartments for Rent

 

The cheapest available apartment rental in Omaha, NE is a 1 Bed unit found at Westwood Apartments in the Old Market neighborhood priced from $575. Keystone Ridge in the Benson neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Omaha apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westwood ApartmentsSmall1BR,1BA$575
Keystone RidgeOne Bedroom1BR,1BA$675
Copperstone ApartmentsOne Bedroom1BR,1BA$675
Flats at Miracle HillsStudioStudio,1BA$690
Juniper GardensStudio - ClassicStudio,1BA$697
Westbrook Gardens After55 CommunityOne bed1BR,1BA$705
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$715
Camelot VillageStudioStudio,1BA$725
The Pines at Q Plaza Apartments1A1BR,1BA$725

Best Value Apartments for Rent in Omaha, NE

As of July 25, 2025 the best value apartment in the Omaha area is the $0.99 price per square foot One Bedroom with Den Model at Skinner Macaroni Lofts in the in the Old Market neighborhood starting from $1,396. The second greatest value Omaha apartment is the 4 Bed 2 Bath Model at The Village at Papillion starting at $1,290 with a $0.93 price per square foot in the Gretna 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.
Skinner Macaroni LoftsOne Bedroom with Den1BR,1BA$0.99
The Village at Papillion4 Bed 2 Bath4BR,2BA$0.93
Fontainebleau2 BDR 2 BTH2BR,2BA$0.86
Westbrook Gardens After55 CommunityTwo Bed w/ Den2BR,1BA$0.90
Edgewater Court ApartmentsBuckingham2BR,2BA$1.00
Club at Highland Park2 Bedroom2BR,2BA$0.97
L15 LoftsClassic1BR,1BA$0.90
Preserve at Evans Place2 Bed, 2 Bath - 994 SF2BR,2BA$0.97
MarCon Capitol ApartmentsOne Bedroom1BR,1BA$0.93
Westwood ApartmentsSmall1BR,1BA$1.00

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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 Westwood Apartments which is listed at $575, while the average apartment in Omaha costs $1,828.

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 8,915 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 $532 which is $1,296 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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.