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Cheap Apartments for Rent in the Downtown Omaha Neighborhood of Omaha, NE from $400 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Omaha area of Omaha.
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from $830Studio to 3 Bedroom Apartments Available Now
The Flats on Howard
2211 Howard StOmaha, NE 68102
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from $845Studio to 1 Bedroom Apartments Available Now
Kensington Tower Apartments
505 S 16th StOmaha, NE 68102
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Rent Specials
from $8951 to 3 Bedroom Apartments Available Now
Securities Downtown
305 S 16th StOmaha, NE 68102
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from $8951 to 3 Bedroom Apartments Available Now
The Drake and Liberty Lofts Apartments
2116 Leavenworth StOmaha, NE 68102
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2109 Drake Court Walk
OmahaNE68102
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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.
2617 Izard Ct
OmahaNE68131
2569 Nicholas Ct
OmahaNE68131
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from $937Studio to 3 Bedroom Apartments Available Now
Skinner Macaroni Lofts
1323 Jackson StOmaha, NE 68102
2605 Izard Ct
OmahaNE68131
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2110 Drake Court Walk
OmahaNE68102
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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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Rent Specials
from $990Studio to 3 Bedroom Apartments Available Now
Dizzy Mule
1218 Izard StOmaha, NE 68102
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from $995Studio to 2 Bedroom Apartments Available Aug 1
The Monico
1508 Marcy StOmaha, NE 68108
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from $1,009Studio to 2 Bedroom Apartments Available Now
Orpheum Tower
405-409 S 16th StOmaha, NE 68102
2122 Drake Court Walk
OmahaNE68102
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2555 Izard Ct
OmahaNE68131
2579 Izard Ct
OmahaNE68131
2623 Izard Ct
OmahaNE68131
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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Rent Specials
from $1,0701 to 2 Bedroom Apartments Available Now
The Slate
119 S 19th StOmaha, NE 68102
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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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Studio to 1 Bedroom Apartments
Harney Street Apartments in the Old Market
1115 Harney StOmaha, NE 68102
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Omaha's Best Affordable Neighborhoods
Learn about Omaha and the best places to live with original content written by our Local Expert Darla Ferrara
Downtown Omaha, Omaha, NE Local Guide
How much does it cost to rent an apartment in Downtown Omaha?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Omaha Studio Apartments | $1,334 | $685 | $5,788 |
| Downtown Omaha 1 Bedroom Apartments | $1,332 | $735 | $3,526 |
| Downtown Omaha 2 Bedroom Apartments | $1,850 | $845 | $4,080 |
| Downtown Omaha 3 Bedroom Apartments | $2,296 | $1,295 | $3,648 |
Browse Apartments in this Neighborhood
There are currently 51 rentals with your search options within a 2 mile radius of the Downtown Omaha Neighborhood of Omaha, NE.
See all Apartments in OmahaExplore Omaha
Downtown Omaha, Omaha, NE Local Guide
- Nearby Omaha neighborhoods
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Cheapest Available Downtown Omaha Apartments for Rent
The cheapest available apartment rental in the Downtown Omaha area of Omaha, NE is a 1 Bed unit found at Westbrook Tower priced from $735. The Flats on Howard has the second lowest priced unit, which is a Studio apartment currently listed from $830. Here are the most affordable Downtown Omaha apartments for rent in Omaha, NE:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westbrook Tower | 1 Bedroom | 1BR,1BA | $735 |
| The Flats on Howard | The Forrest | Studio,1BA | $830 |
| Kensington Tower Apartments | GROUND LEVEL STUDIO | Studio,1BA | $845 |
| The Drake and Liberty Lofts Apartments | 1 bedroom/ 1 bath | 1BR,1BA | $895 |
| Securities Downtown | 1BR/1.0BA | 1BR,1BA | $895 |
| Georgeanna Court | One Bedroom | 1BR,1BA | $900 |
| Harney Street Apartments in the Old Market | 1BR/1.0BA | 1BR,1BA | $925 |
| 9ines | Baserunner | 1BR,1BA | $950 |
| Muse Omaha | The CJ | Studio,1BA | $950 |
| L15 Lofts | Vintage | Studio,1BA | $969 |
Best Value Apartments for Rent in Downtown Omaha, NE
As of June 16, 2025 the best value apartment in the Downtown Omaha area is the $1.18 price per square foot AC.2B.2B.B/P Model at The Brandeis in the in the Old Market neighborhood starting from $1,650. The second greatest value Downtown Omaha apartment is the 1 Bed 1 Bath Model at Cornerstone Apartments starting at $1,475 with a $1.18 price per square foot in the Old Market neighborhood. Here is today’s list of the best values for Downtown Omaha apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Brandeis | AC.2B.2B.B/P | 2BR,2BA | $1.18 |
| Cornerstone Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.18 |
| L15 Lofts | Vintage | Studio ,1BA | $0.82 |
| The Rochester Apartments | The Bookbinder | 2BR,2BA | $1.41 |
| Old Market Lofts | 1 Bedroom 1 Bathroom with Balcony, Patio | 1BR,1BA | $1.06 |
| Orpheum Tower | The Douglas | 2BR,1BA | $1.49 |
| Skinner Macaroni Lofts | One Bedroom | 1BR,1BA | $1.27 |
| Westbrook Tower | 1 Bedroom | 1BR,1BA | $1.13 |
| Harney Street Apartments in the Old Market | 1BR/1.0BA | 1BR,1BA | $1.42 |
| Georgeanna Court | One Bedroom | 1BR,1BA | $1.50 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Omaha, Omaha, NE
Ranked #49
Among neighborhoods in Omaha, NE for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
This website works hard to bring you comprehensive Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Nebraska and customized analysis for Central Omaha, NE. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Downtown Omaha Apartments
What is a cheap apartment in Downtown Omaha?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Omaha is under $969.
What is the price of a cheap apartment in Downtown Omaha?
The cheapest apartment in Downtown Omaha is Westbrook Tower which is listed at $735, while the average apartment in Downtown Omaha costs $2,067.
What types of apartments are the cheapest in Downtown 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 129 regular apartments in Downtown 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 Downtown Omaha?
Cheap apartments in Downtown Omaha have an average cost of $907 which is $1,160 cheaper than the average rent for all rentals in Downtown 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.
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.
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.
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.
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.