Cheap Apartments for Rent in the Downtown Omaha Neighborhood of Omaha, NE from $400 (60 Rentals)

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

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La Morada
Studio Apartments

La Morada

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

Lutheran Home

530 S 26th StOmaha, NE 68105
Senior Living
  • Utilities Included
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The Avenue apartments
Studio to 1 Bedroom Apartments

The Avenue apartments

2235 St Marys AveOmaha, NE 68102
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1001 N 29th St
1 to 2 Bedroom Apartments

1001 N 29th St

1001 N 29th StOmaha, NE 68131
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City Pointe
Studio to 2 Bedroom Apartments

City Pointe

1913 Farnam StOmaha, NE 68102
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Grand & Goodrich
1 to 2 Bedroom Apartments

Grand & Goodrich

349 S 26th StOmaha, NE 68131
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THE JUNCTION
1 to 2 Bedroom Apartments

THE JUNCTION

2401 Farnam StOmaha, NE 68131
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The Anna
1 Bedroom Apartments

The Anna

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

Hotel Flatiron

1722 Saint Marys AveOmaha, NE 68102
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Barlee Apartments
Studio to 2 Bedroom Apartments

Barlee Apartments

528 S 29th StOmaha, NE 68105
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Lancaster Flats
1 to 2 Bedroom Apartments

Lancaster Flats

2556 Marcy StOmaha, NE 68105
Showing Results 1-50, Page 1 of 2

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 Studio unit found at The Avenue apartments priced from $625. Westbrook Tower has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here are the most affordable Downtown Omaha apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
The Avenue apartmentsStudio w/ HW FloorsStudio,1BA$625
Westbrook Tower1 Bedroom1BR,1BA$735
Skinner Macaroni LoftsStudioStudio,1BA$783
Jones13PlatteStudio,1BA$833
Kensington Tower ApartmentsGROUND LEVEL STUDIOStudio,1BA$845
L15 LoftsVintageStudio,1BA$854
The Flats on HowardThe BartlettStudio,1BA$855
L14 FlatsTrendy1BR,1BA$872
The BankThe Franc1BR,1BA$887
The Drake and Liberty Lofts Apartments1 bedroom/ 1 bath1BR,1BA$895

Best Value Apartments for Rent in Downtown Omaha, NE

As of September 09, 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 2x2 B Model at Nichol Flats starting at $1,499 with a $1.14 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.
The BrandeisAC.2B.2B.B/P2BR,2BA$1.18
Nichol Flats2x2 B2BR,2BA$1.14
L15 LoftsClassic1BR,1BA$0.84
The Drake and Liberty Lofts Apartments2 / 2 Liberty Lofts2BR,1BA$1.54
The Capitol District ApartmentsCity Scape 1B41BR,1BA$1.56
L14 FlatsTrendy1BR,1BA$1.30
Westbrook Tower1 Bedroom1BR,1BA$1.13
Georgeanna CourtOne Bedroom1BR,1BA$1.50
Skinner Macaroni LoftsStudioStudio ,1BA$1.51
The Avenue apartmentsStudio w/ HW FloorsStudio ,1BA$1.45

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Pet Friendly Lifestyle
Downtown Omaha, Omaha, NE

Ranked #53

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $895.

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

The cheapest apartment in Downtown Omaha is The Avenue apartments which is listed at $715, while the average apartment in Downtown Omaha costs $1,740.

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 112 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 $1,117 which is $623 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.

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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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.