
Cheap Apartments for Rent in the Downtown Omaha Neighborhood of Omaha, NE from $400 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Omaha area of Omaha.


The Flats on Howard

Skinner Macaroni Lofts

The Drake and Liberty Lofts Apartments

NoDo

2020 Drake Court Walk

The Duo

The Bank

2122 Drake Court Walk

2109 Drake Court Walk
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 | $1,225 | $685 | $5,330 |
Downtown Omaha 1 Bedroom Apartments | $1,353 | $735 | $4,569 |
Downtown Omaha 2 Bedroom Apartments | $1,849 | $759 | $3,630 |
Downtown Omaha 3 Bedroom Apartments | $2,261 | $1,295 | $3,648 |
Downtown Omaha 4 Bedroom Apartments | $682 | $639 | $760 |
Browse Apartments in this Neighborhood
There are currently 39 rentals with your search options within a 2 mile radius of the Downtown Omaha Neighborhood of Omaha, NE.
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Downtown Omaha, Omaha, NE Local Guide
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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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Westbrook Tower | 1 Bedroom | 1BR,1BA | $735 |
The Avenue apartments | Large 1 Bedroom /w Carpet | 1BR,1BA | $765 |
The Flats on Howard | The Forrest | Studio,1BA | $790 |
Kensington Tower Apartments | #3 Layout | 1BR,1BA | $895 |
The Drake and Liberty Lofts Apartments | 1 bedroom/ 1 bath | 1BR,1BA | $895 |
Georgeanna Court | One Bedroom | 1BR,1BA | $900 |
L15 Lofts | Vintage | Studio,1BA | $941 |
The Duo | Doppelganger | 1BR,1BA | $945 |
9ines | Southpaw | 1BR,1BA | $950 |
The Brandeis | AC.1B.G | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Skinner Macaroni Lofts | One Bedroom with Den | 1BR,1BA | $0.99 |
The Brandeis | AC.2B.2B.B/P | 2BR,2BA | $1.18 |
Securities Downtown | 3BR/2.0BA | 3BR,2BA | $1.16 |
L15 Lofts | Classic | 1BR,1BA | $0.90 |
The Drake and Liberty Lofts Apartments | 2 / 2 Liberty Lofts | 2BR,1BA | $1.54 |
Nichol Flats | 1x1 B | 1BR,1BA | $1.33 |
The Avenue apartments | Large 1 Bedroom /w Carpet | 1BR,1BA | $1.11 |
Westbrook Tower | 1 Bedroom | 1BR,1BA | $1.13 |
Georgeanna Court | One Bedroom | 1BR,1BA | $1.50 |
Jones13 | Webster | Studio ,1BA | $1.56 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Omaha, Omaha, NE
Ranked #61
Among cities in Nebraska 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 $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.

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.