Cheap Apartments for Rent in the Downtown Omaha Neighborhood of Omaha, NE from $400 (39 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
La Morada
Studio Apartments

La Morada

554 S 26th StOmaha, NE 68105
close
View Me
Lutheran Home
1 Bedroom Apartments

Lutheran Home

530 S 26th StOmaha, NE 68105
Senior Living
  • Utilities Included
close
View Me
1001 N 29th St
2 Bedroom Apartments

1001 N 29th St

1001 N 29th StOmaha, NE 68131
close
View Me
City Pointe
1 Bedroom Apartments

City Pointe

1913 Farnam StOmaha, NE 68102
  • Utilities Included
close
View Me
Grand & Goodrich
1 to 2 Bedroom Apartments

Grand & Goodrich

349 S 26th StOmaha, NE 68131
close
View Me
THE JUNCTION
1 Bedroom Apartments

THE JUNCTION

2401 Farnam StOmaha, NE 68131
  • Utilities Included
close
View Me
The Anna
1 Bedroom Apartments

The Anna

535 S 26th AveOmaha, NE 68105
close
View Me
Hotel Flatiron
1 to 2 Bedroom Apartments

Hotel Flatiron

1722 Saint Marys AveOmaha, NE 68102
close
View Me
Lancaster Flats
1 to 2 Bedroom Apartments

Lancaster Flats

2556 Marcy StOmaha, NE 68105
close
View Me
Union Plaza
2 Bedroom Apartments

Union Plaza

601 S 16th StOmaha, NE 68102
  • Utilities Included
close
View Me
Barlee Apartments
Studio Apartments

Barlee Apartments

528 S 29th StOmaha, NE 68105
  • Utilities Included
close
View Me
Bull Durham Apartments
1 Bedroom Apartments

Bull Durham Apartments

1011-1013 Leavenworth StOmaha, NE 68102
  • Utilities Included
close
View Me
ViewHouse
1 to 2 Bedroom Apartments

ViewHouse

1111 N 27th StOmaha, NE 68131
close
View Me
22 Floors
1 Bedroom Apartments

22 Floors

1314 Mike Fahey StOmaha, NE 68102
close
View Me
Farnam Flats
Studio Apartments

Farnam Flats

1411 Farnam StOmaha, NE 68102
  • Utilities Included

Downtown Omaha, Omaha, NE Local Guide

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 Avenue apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here are the most affordable Downtown Omaha apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
Westbrook Tower1 Bedroom1BR,1BA$735
The Avenue apartmentsLarge 1 Bedroom /w Carpet1BR,1BA$765
The Flats on HowardThe ForrestStudio,1BA$790
Kensington Tower Apartments#3 Layout1BR,1BA$895
The Drake and Liberty Lofts Apartments1 bedroom/ 1 bath1BR,1BA$895
Georgeanna CourtOne Bedroom1BR,1BA$900
L15 LoftsVintageStudio,1BA$941
The DuoDoppelganger1BR,1BA$945
9inesSouthpaw1BR,1BA$950
The BrandeisAC.1B.G1BR,1BA$950

Best Value Apartments for Rent in Downtown Omaha, NE

As of July 25, 2025 the best value apartment in the Downtown 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 Downtown Omaha apartment is the AC.2B.2B.B/P Model at The Brandeis starting at $1,650 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Skinner Macaroni LoftsOne Bedroom with Den1BR,1BA$0.99
The BrandeisAC.2B.2B.B/P2BR,2BA$1.18
Securities Downtown3BR/2.0BA3BR,2BA$1.16
L15 LoftsClassic1BR,1BA$0.90
The Drake and Liberty Lofts Apartments2 / 2 Liberty Lofts2BR,1BA$1.54
Nichol Flats1x1 B1BR,1BA$1.33
The Avenue apartmentsLarge 1 Bedroom /w Carpet1BR,1BA$1.11
Westbrook Tower1 Bedroom1BR,1BA$1.13
Georgeanna CourtOne Bedroom1BR,1BA$1.50
Jones13WebsterStudio ,1BA$1.56

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Omaha, Omaha, NE

Ranked #61

Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 $950.

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 $1,865.

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 113 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 $877 which is $988 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.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.