Cheap Apartments for Rent in the Fairacres Neighborhood of Omaha, NE from $495 (107 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Fairacres area of Omaha.

property at 4324 Marcy St

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550
Total Monthly Price
$550

2 Bedroom, 1 Bath Home for Rent

Available Now

4324 Marcy St

OmahaNE68105

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4705 Burdette St
1 Bedroom Apartments

4705 Burdette St

4705 Burdette StOmaha, NE 68104
  • Utilities Included

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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Fairacres, Omaha, NE Local Guide

Cheapest Available Fairacres Apartments for Rent

 

The cheapest available apartment rental in the Fairacres area of Omaha, NE is a 1 Bed unit found at ALANSCO 1016 N 47 Ave priced from $645. Keystone Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable Fairacres apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$645
Keystone RidgeOne Bedroom1BR,1BA$695
Copperstone ApartmentsOne Bedroom1BR,1BA$695
Juniper GardensStudio - ClassicStudio,1BA$707
Somerset Court1 bedroom / 1 bath - Tenant Pays Util.1BR,1BA$745
Flats on 75th1 Bedroom, 1 Bathroom1BR,1BA$799
Keystone Park Apartments - Benson1 bedroom / 1 bath - Tenant Pays Utils..1BR,1BA$845
The Traveler ApartmentsSantoriniStudio,1BA$880
ZAGGalaoStudio,1BA$885
Mandalay On PacificMAN11BR,1BA$889

Best Value Apartments for Rent in Fairacres, NE

As of August 29, 2026 the best value apartment in the Fairacres 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 Fairacres 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 Fairacres 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
Village at Grant SquareAlpine2BR,2BA$1.18
Apple Valley Apartments2 Beds, 1 bath2BR,1BA$0.91
Blondo Crest Apartments1 Bed, 1 bath1BR,1BA$1.16
Rosecliff2 bedroom2BR,1BA$1.13
Mandalay On PacificMAN1+NewCarpet1BR,1BA$1.18
Keystone RidgeOne Bedroom1BR,1BA$1.11
Copperstone ApartmentsOne Bedroom1BR,1BA$1.11
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$1.03

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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
Fairacres, Omaha, NE

Ranked #101

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for East Central Omaha, NE. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Fairacres Apartments

What is a cheap apartment in Fairacres?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fairacres is under $889.

What is the price of a cheap apartment in Fairacres?

The cheapest apartment in Fairacres is ALANSCO 1016 N 47 Ave which is listed at $645, while the average apartment in Fairacres costs $1,307.

What types of apartments are the cheapest in Fairacres?

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 66 regular apartments in Fairacres 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 Fairacres?

Cheap apartments in Fairacres have an average cost of $326 which is $981 cheaper than the average rent for all rentals in Fairacres.

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

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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

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

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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

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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.