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

2901 Jackson St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
Downtown Omaha, Omaha, NE Local Guide

How much does it cost to rent a home in Downtown Omaha?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Omaha 3 Bedroom Homes for Rent | $1,350 | $1,350 | $1,350 |
| Downtown Omaha 4 Bedroom Homes for Rent | $1,975 | $1,450 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 2 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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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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Brandeis | AC.2B.2B.G | 2BR,2BA | $1.11 |
| L14 Flats | Gallery | 2BR,2BA | $1.21 |
| Old Market Lofts | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.12 |
| Jones13 | Fontenelle | 2BR,2BA | $1.40 |
| Nichol Flats | 1x1 B | 1BR,1BA | $1.26 |
| Kensington Tower Apartments | #5 Layout | 2BR,1BA | $1.41 |
| 22 Floors | Showcase | 1BR,1BA | $1.37 |
| Jones Ansonia Apartments | 1BR/1.0BA | 1BR,1BA | $1.12 |
| Westbrook Tower | Renovated Studio | Studio ,1BA | $1.34 |
| The Avenue apartments | Studio w/ Carpet | Studio ,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.
Read ArticleReal 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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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.
Pet Friendly LifestyleDowntown Omaha, Omaha, NE
Ranked #71
Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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

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.

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.

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.

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.