Cheap Homes for Rent in the Downtown Omaha Neighborhood of Omaha, NE from $1,350 (2 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown 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

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

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Downtown Omaha, Omaha, NE Local Guide

Best Value Apartments for Rent in Downtown Omaha, NE

As of August 29, 2026 the best value apartment in the Downtown Omaha area is the $1.11 price per square foot AC.2B.2B.G Model at The Brandeis in the in the Old Market neighborhood starting from $1,354. The second greatest value Downtown Omaha apartment is the Gallery Model at L14 Flats starting at $1,262 with a $1.21 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.G2BR,2BA$1.11
L14 FlatsGallery2BR,2BA$1.21
Old Market Lofts1 Bedroom 1 Bathroom1BR,1BA$1.12
Jones13Fontenelle2BR,2BA$1.40
Nichol Flats1x1 B1BR,1BA$1.26
Kensington Tower Apartments#5 Layout2BR,1BA$1.41
22 FloorsShowcase1BR,1BA$1.37
Jones Ansonia Apartments1BR/1.0BA1BR,1BA$1.12
Westbrook TowerRenovated StudioStudio ,1BA$1.34
The Avenue apartmentsStudio w/ CarpetStudio ,1BA$1.39

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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Pet Friendly Lifestyle
Downtown Omaha, Omaha, NE

Ranked #71

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Downtown Omaha

What type of rentals are currently available in Downtown Omaha?

There are currently 189 Apartments for Rent in Downtown Omaha, NE with pricing that ranges from $679 to $4,182. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Omaha ranging from $1,350 to $2,500.

What is the current price range for Rental Homes in Downtown Omaha?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Omaha ranges from $1,350 to $2,500 with an average monthly rent of $1,662.

How much are larger Three and Four Bedroom Rentals in Downtown Omaha?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Omaha range from $1,295 to $2,504, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $1,350. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $679.

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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.