Cheap Apartments for Rent in the Elmwood Park Neighborhood of Omaha, NE from $495 (116 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Elmwood Park 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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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.

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Elmwood Park, Omaha, NE Local Guide

Cheapest Available Elmwood Park Apartments for Rent

 

The cheapest available apartment rental in the Elmwood Park area of Omaha, NE is a 1 Bed unit found at Copperstone Apartments priced from $695. Juniper Gardens has the second lowest priced unit, which is a Studio apartment currently listed from $707. Here are the most affordable Elmwood Park apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
Copperstone ApartmentsOne Bedroom1BR,1BA$695
Juniper GardensStudio - ClassicStudio,1BA$707
Camelot VillageStudioStudio,1BA$729
Gladstone Apartments1/1 Renovated1BR,1BA$755
Cuming St Apartments1 Bedroom 1 Bathroom1BR,1BA$775
Orchard Park1 Bedroom 1 Bathroom1BR,1BA$785
5006-08 California St1 Bedroom 1 Bathroom1BR,1BA$795
Villas de Amor1 bedroom / 1 bath - TT Pays Utilities1BR,1BA$795
Flats on 75th1 Bedroom, 1 Bathroom1BR,1BA$799
Grover Square ApartmentsThe BirchStudio,1BA$800

Best Value Apartments for Rent in Elmwood Park, NE

As of September 11, 2026 the best value apartment in the Elmwood Park area is the $0.72 price per square foot Two Bedroom- 1.5 Bath Model at Villa Vinee Apartments in the in the Central neighborhood starting from $1,137. The second greatest value Elmwood Park apartment is the 2 bedroom / 1 bath - Standard TT Pays Util. Model at Buckingham Manor Apartments- Dundee starting at $1,195 with a $0.96 price per square foot in the Holy Cross neighborhood. Here is today’s list of the best values for Elmwood Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villa Vinee ApartmentsTwo Bedroom- 1.5 Bath2BR,1.5BA$0.72
Buckingham Manor Apartments- Dundee2 bedroom / 1 bath - Standard TT Pays Util.2BR,1BA$0.96
Greenspan Apartments - Schwalb Realty2 Bedroom w/Balcony2BR,2BA$1.02
Apple Valley Apartments2 Beds, 1 bath2BR,1BA$0.91
Parkwood TerraceMaple1BR,1BA$1.14
The NormandyMonet1BR,1BA$1.14
Four Seasons ApartmentsOne Bed - 750 SQ FT1BR,1BA$1.14
South Park1 Bed 1 Bath - b1BR,1BA$1.10
Villas de Amor1 bedroom / 1 bath - TT Pays Utilities1BR,1BA$1.14
Copperstone ApartmentsOne Bedroom1BR,1BA$1.11

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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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Best Local Schools in
Elmwood Park, Omaha, NE

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Nebraska, including Omaha. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Elmwood Park Apartments

What is a cheap apartment in Elmwood Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Elmwood Park is under $800.

What is the price of a cheap apartment in Elmwood Park?

The cheapest apartment in Elmwood Park is Copperstone Apartments which is listed at $695, while the average apartment in Elmwood Park costs $1,394.

What types of apartments are the cheapest in Elmwood Park?

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 90 regular apartments in Elmwood Park 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 Elmwood Park?

Cheap apartments in Elmwood Park have an average cost of $305 which is $1,089 cheaper than the average rent for all rentals in Elmwood Park.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.