Cheap Homes for Rent in Downtown Omaha Neighborhood of Omaha, NE from $1,100 (4 Rentals)

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

property at 312 S 16th St

$1,200 - $1,350

Studio To 2 Bedroom Rentals

Available Now

312 S 16th St

OmahaNE68102

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Downtown Omaha, Omaha, NE Local Guide

Best Value Apartments for Rent in Downtown Omaha, NE

As of June 24, 2026 the best value apartment in the Downtown Omaha area is the $1.32 price per square foot Dodge Model at Joslyn Loft in the in the Old Market neighborhood starting from $1,625. The second greatest value Downtown Omaha apartment is the AC.2B.2B.G Model at The Brandeis starting at $1,354 with a $1.11 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.
Joslyn LoftDodge2BR,2BA$1.32
The BrandeisAC.2B.2B.G2BR,2BA$1.11
TipTop ApartmentsPixie2BR,2BA$1.50
The Drake and Liberty Lofts Apartments3 Bed 2 Bath Remodeled3BR,2BA$1.50
L14 FlatsTrendy1BR,1BA$1.35
22 FloorsShowcase1BR,1BA$1.47
Westbrook Tower1 Bedroom1BR,1BA$1.18
Georgeanna CourtOne Bedroom1BR,1BA$1.50
Capitol Rows1 Bed / 1 Bath1BR,1BA$1.66
The Avenue apartmentsStudio w/ HW FloorsStudio ,1BA$1.45

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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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.

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Pet Friendly Lifestyle
Downtown Omaha, Omaha, NE

Ranked #89

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

Pet Friendliness Lifestyle Score

3.5
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 182 Apartments for Rent in Downtown Omaha, NE with pricing that ranges from $679 to $3,954. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Omaha ranging from $1,150 to $1,400.

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 $1,150 to $1,400 with an average monthly rent of $1,243.

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 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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.