Cheap Apartments for Rent in Omaha, NE from $400 (727 Rentals)

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

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Flats at Miracle Hills
Rent Specials
$695 - $1,384
Total Monthly Price

Total Monthly Price

Base Rent
$525 - $1,214
Required Monthly Fees
$170
Total Monthly Price
$695 - $1,384
Studio to 1 Bedroom Apartments Available Now

Flats at Miracle Hills

11515 Miracle Hills DrOmaha, NE 68154
Affordability
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  • Customer Reviewed
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Copperstone Apartments
$695 - $915
Total Monthly Price

Total Monthly Price

Base Rent
$635 - $855
Required Monthly Fees
$60
Total Monthly Price
$695 - $915
1 to 2 Bedroom Apartments Available Now

Copperstone Apartments

8240 Blondo StOmaha, NE 68134
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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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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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property at 2415 E St

$750 - $850

Studio To 1 Bedroom Rentals

Available Now

2415 E St

OmahaNE68107

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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Old Mill Apartments
$793 - $1,530
Total Monthly Price

Total Monthly Price

Base Rent
$790 - $1,527
Required Monthly Fees
$3
Total Monthly Price
$793 - $1,530
1 to 3 Bedroom Apartments Available Now

Old Mill Apartments

10905 N Mill CtOmaha, NE 68154
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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Rosecliff
$795 - $995
Total Monthly Price

Total Monthly Price

Base Rent
$740 - $940
Required Monthly Fees
$55
Total Monthly Price
$795 - $995
1 to 2 Bedroom Apartments Available Now

Rosecliff

1915 S 44th StOmaha, NE 68105
Affordability
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  • Utilities Included
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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
  • Verified
  • Utilities Included
  • 3D Tour

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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: 04/01/2026

Current apartment rentals in the Omaha, NE area range in price from $475 to $6,493 with an overall median price of $1,939. The three Omaha neighborhoods with the lowest median rent pricing are Omaha Acres at $770, Saratoga at $685, and Ford Birthsite at $749. 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$68522
Ford Birthsite$824$7492
Brown Park$1,195$75010
Underwood Avenue$1,295$8259
Hartman Avenue$1,345$75057
North Omaha$1,345$75033
Fontenelle View$1,375$68554
Fort Redman$1,375$68554
Triple One$1,375$68554

Cheapest Available Omaha Apartments for Rent

 

The cheapest available apartment rental in Omaha, NE is a 1 Bed unit found at Arbor Manor Apartments in the Old Market neighborhood priced from $550. Cuming St Apartments in the Benson neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $615. Here is today’s list of the most affordable Omaha apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arbor Manor Apartments1 Bed, 1 bath1BR,1BA$550
Cuming St ApartmentsStudio 1 BathStudio,1BA$615
The Avenue apartmentsStudio w/ HW FloorsStudio,1BA$625
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$670
AlhambraStudio - SmallStudio,1BA$687
Flats at Miracle HillsStudioStudio,1BA$695
Copperstone ApartmentsOne Bedroom1BR,1BA$695
Keystone RidgeOne Bedroom1BR,1BA$695
The Pines at Q Plaza Apartments1A1BR,1BA$735
Preserve at Evans Place1 Bed, 1 Bath - 718 SF1BR,1BA$737

Best Value Apartments for Rent in Omaha, NE

As of April 01, 2026 the best value apartment in the Omaha area is the $0.96 price per square foot TOWN Model at Whispering Pines Townhomes in the in the Central neighborhood starting from $1,435. The second greatest value Omaha apartment is the 2A Model at Colonial Park starting at $1,095 with a $0.91 price per square foot in the Southeast Omaha 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.
Whispering Pines TownhomesTOWN2BR,1.5BA$0.96
Colonial Park2A2BR,1BA$0.91
M34 Apartments1BR/1.0BA1BR,1BA$1.00
Village at Grant SquareAlpine2BR,2BA$1.00
The Martinique ApartmentsDesiree2BR,2BA$0.99
Square 131 - 8 Plex2 Bed 2 Bath2BR,2BA$0.95
Hillsborough Pointe Apartmentsone bed, one bath1BR,1BA$1.02
Maple RidgeTwo Bedroom 215C2BR,1.5BA$1.02
Cottonwood Apartments2X1B2BR,1BA$1.05
Club at Highland Park1 Bedroom1BR,1BA$1.04

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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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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Quick 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.

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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!

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

Explore Omaha, NE Rentals by Map

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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 $737.

What is the price of a cheap apartment in Omaha?

The cheapest apartment in Omaha is Arbor Manor Apartments which is listed at $550, while the average apartment in Omaha costs $1,939.

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 7,723 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 $516 which is $1,423 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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.