Cheap Apartments for Rent in the Central Omaha Neighborhood of Omaha, NE from $500 (88 Rentals)

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

Omaha's Best Affordable Neighborhoods

Learn about Omaha and the best places to live with original content written by our Local Expert Darla Ferrara

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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Central Omaha, Omaha, NE Local Guide

Cheapest Available Central Omaha Apartments for Rent

 

The cheapest available apartment rental in the Central Omaha area of Omaha, NE is a Studio unit found at Camelot Village priced from $678. Copperstone Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable Central Omaha apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
Camelot VillageStudioStudio,1BA$678
Copperstone ApartmentsOne Bedroom1BR,1BA$695
California Place Apartments1 Bedroom 1 Bathroom1BR,1BA$795
Old Mill ApartmentsSmall One Bed1BR,1BA$799
Eden West ApartmentsSTUDIO | 1 Bath | 600 sq ftStudio,1BA$800
108 Blondo1Bed 1Bath1BR,1BA$815
Flats on 75th1 Bedroom, 1 Bathroom1BR,1BA$815
Park on CenterMaverick1BR,1BA$850
Village at Grant SquareMaple1BR,1BA$850

Best Value Apartments for Rent in Central Omaha, NE

As of July 29, 2026 the best value apartment in the Central Omaha area is the $1.00 price per square foot 2 Beds, 1 bath Model at Apple Valley Apartments in the in the Central neighborhood starting from $1,045. The second greatest value Central Omaha apartment is the Niccolo Model at Onyx at Aksarben starting at $910 with a $0.92 price per square foot in the Central neighborhood. Here is today’s list of the best values for Central Omaha apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Apple Valley Apartments2 Beds, 1 bath2BR,1BA$1.00
Onyx at AksarbenNiccolo2BR,1BA$0.92
Centre RidgeArmbrust I1BR,1BA$1.11
The NormandyMonet1BR,1BA$1.14
Village at Grant SquareMaple1BR,1BA$1.02
Four Seasons ApartmentsOne Bed - 750 SQ FT1BR,1BA$1.18
Blondo Crest Apartments1 Bed, 1 bath1BR,1BA$1.16
108 Blondo1Bed 1Bath1BR,1BA$1.09
Copperstone ApartmentsOne Bedroom1BR,1BA$1.11
Camelot VillageStudioStudio ,1BA$1.13

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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Best Local Schools in
Central Omaha, Omaha, NE

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States and customized analysis for Southern Omaha. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Central Omaha Apartments

What is a cheap apartment in Central Omaha?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Omaha is under $850.

What is the price of a cheap apartment in Central Omaha?

The cheapest apartment in Central Omaha is Copperstone Apartments which is listed at $695, while the average apartment in Central Omaha costs $1,655.

What types of apartments are the cheapest in Central 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 41 regular apartments in Central 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 Central Omaha?

Cheap apartments in Central Omaha have an average cost of $287 which is $1,368 cheaper than the average rent for all rentals in Central 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 Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Omaha article

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Omaha

Written by: Darla Ferrara

Omaha is more than just a big city in Nebraska—it’s a college town. Thousands of students move to the Gateway to the West each year to attend one of the many colleges and universities.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.